Chelsea Rhone

At Chelsea Rhone, we specialize in creating innovative and sustainable solutions to complex business risks. Our team of experts has a deep understanding of the insurance industry and a passion for delivering tailored solutions to our clients. With over 1,000 policyholders participating in our programs, we have the expertise to develop and administer flexible solutions tailored to meet the unique needs of our clients.

Our Services

At Chelsea Rhone, we offer a range of services designed to address the complex risk management needs of our clients. Our services include:

• Program Management: We manage captive insurance companies, risk retention groups, and conventional insurance programs to provide innovative solutions to complex business risks.
• Underwriting: Our team of underwriters understands risk and has broad experience underwriting professional liability, employee benefits, and workers' compensation risks.
• Claim Management: Our claim management team works on behalf of our health care clients, directing the activities of dozens of litigation managers throughout the country. We analyze claim and incident data and develop a claim management strategy grounded in supporting data.
• Risk Management: Our risk management and education team consists of professionals with clinical, administration, and regulatory backgrounds in the healthcare industry. Our FSS scoring system helps us isolate risk and benchmark our clients.
• QA Reader: Our cloud-based service accepts incident reports via fax or electronic submission, and our team of risk managers reviews the incidents and assists your staff in addressing root causes and reducing ongoing risk.

Why Partner with Chelsea Rhone?

At Chelsea Rhone, we pride ourselves on our expertise in captive insurance company management, clinical and administrative risk management, claim management, regulatory support, and actuarial science. Our staff members have significant experience in captive formation and management, and we work with a network of professional firms with specialized experience in claims supervision and case management, custodial and trust arrangements, investment portfolio management, loss control and risk management, and group pooling mechanisms.

Programs and Services

At Chelsea Rhone, we offer a range of programs and services designed to meet the unique needs of our clients. Our programs and services include:

• Captives: We create custom-designed captive insurance companies for our clients, providing innovative solutions to complex business risks.
• Risk Retention Groups: We manage risk retention groups, which allow groups of companies to pool their resources and share the risk of loss.
• Conventional Insurance Programs: We manage conventional insurance programs, providing comprehensive risk management solutions to our clients.
• Umbrella Program: We represent multiple insurers for healthcare facility Umbrella/Excess liability, providing excess liability coverage for our clients.

Why Consider a Captive?

Captive insurance companies provide an innovative and sustainable solution to complex business risks. By capturing underwriting profit that would normally go to the insurance carrier, captives can be an attractive option for companies seeking to manage their risk more effectively. With over 5,000 active captives globally, captives have become a popular option for companies looking to take control of their risk management.