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Northgroup Sponsored Captive Insurance, Inc.

   Alternative Risk Transfer Solutions | Sponsored Captive

Northgroup Sponsored Captive Insurance

Affiliated with TD Bank, Northgroup Sponsored Captive Insurance, Inc. is a Vermont-domiciled corporation offering flexibility and convenience without the capitalization expenses or administrative duties required in a traditional captive. Qualifying clients can make use of this facility to meet their financing and cash flow needs. This is not an agency captive, and TD Bank does not share in our clients' risk. This is purely an opportunity for qualifying clients to fund and manage their own risk through a captive cell.

Why Vermont?

Through TD Bank, Northgroup Sponsored Captive Insurance maintains a solid commitment to the State of Vermont (http://www.thinkvermont.com), the largest captive domicile in the U.S. and third largest in the world. Vermont offers forward-thinking sponsored captive law; a rigorous, yet progressive regulatory environment; and an experienced professional infrastructure that is supportive of captive business. TD Bank has a history of active participation in the Vermont domicile, including the Vermont Captive Insurance Association. We are annual participants at the RIMS Conference and also the World Captive Forum.

Advantages of the Northgroup Sponsored Captive Insurance Program

  • No facility fee
  • Simplicity of administration
  • No capitalization requirements
  • Direct cost savings
  • Statutory and contractual protections from other participants
  • Multiple selected and approved service providers
  • Ability to insure multi-state operations
  • Possibility to insure multiple coverage lines (e.g., Workers' Compensation, general, professional, auto and pollution liability)
  • Flexibility in structuring your program
  • Availability of multiple fronting and excess carriers
  • A captive service team of industry leaders
We can design a Captive solution that is cost-effective, easy to administer and targeted to your company's needs.

Services Provided by the TD Bank US Holding Company Family of Companies

Contact Us

If you are interested in finding out more about Northgroup Sponsored Captive Insurance, please contact either TD Wealth Management at 800-362-8893, or TD Insurance, Inc. at 800-581-4667, x6831, or both can be e-mailed at SponsoredCaptive@TDBanknorth.com