Unique, experienced, rapid and cost effective

Learn more about working with Hartwell

Client Benefits

Hartwell clients gain the following benefits:

Experience

Using our 60 years Insurance experience we can move faster than any other PCCIC in the market. We can design programs and suggest solutions and write bespoke policies for you.

Security

Every Cell is formed under the Captive Laws of the State of Tennessee and will be legally segregated from Hartwell and all of its other Cells.

Speed

We will create your own Cell Captive within 8 weeks from your decision to open a cell with us.

Savings

We match insurance costs to the loss experience of the client. We reduce external insurance costs, clients participate in their own profits.

Unique

Each client will have the benefit of its own micro insurance company giving them the actual coverages that their Company needs.

What we offer

Hartwell will handle all associated Administration surrounding a Hartwell Policy/Captive Cell

Insurance Solutions for difficult to place insurances

Enable clients to participate in the Profits of their own Insurances and build a Fund over time

Claims handled by a Third Party Administrator (TPA) that is either the choice of the Broker or the Client

Hartwell can issue Insurance policies for risks located in all 50 States for and on behalf of all Cells within our PCCIC structure

Hartwell can offer Clients options at Renewal above and beyond normal Insurer’s terms

Stability in cost of insurance and long-term continuity of business

Hartwell can offer all these services and options because of one overriding reason:

The interests of the Client and of Hartwell are aligned.

Remuneration and Premiums

There are 3 main payments that are required:

1

Premiums

These are all paid into the Cell Bank Account and are kept separate to all other accounts.

2

Hartwell

Remuneration:

We typically charge a margin (Program Manager Fee) which is a percentage calculated upon the amount of Limit required. Hartwell margin is the payment for our services (including Cell Application and Set-up Fee) and is not used for claims payments.

3

Brokerage

If the client uses a Broker then we offer brokerage at the standard market rates. The broker is never disadvantaged or disintermediated.

Because of our structuring techniques and the way in which we create our policies, Clients are not normally required to produce additional funding for the Cell. This is another advantage that Hartwell gives its clients over other PCCIC structures.

Costs are ALWAYS minimized.

Remuneration and Premiums

How safe is money placed with Hartwell?

The short answer to this is that money placed with Hartwell is extremely safe.

The detailed answer is as follows:

All client money is kept separate to Hartwell money and the money of our other clients. Hartwell’s money and that of the client is never, ever co-mingled.

Hartwell employs the services of a professional Management Company that is monitored and approved by the DOI in Tennessee. The Management Company handles all of the client money on behalf of Hartwell as well as Hartwell’s own accounts.

No one can take money out of the client account unless both the Management Company and Hartwell Insurance approve the transaction. Client money can only be taken out of the client account if there is a claim (and associated expenses) to be paid that has been approved and presented by the Claims Management Company (TPA) appointed to the contract.

Money kept with Hartwell

is super safe.

We designed it that way.

Safety

Summary

Client has a partner whose interests are aligned with their own;

Client gets the correct coverage for their needs at a price that is not dictated by an insurance company with their own interests and shareholders to service;

Client always knows that they will never overpay because the Profit Commission returns excess Profits;

Client doesn’t need to provide additional Capital over the Premiums paid;

Cell is set up ultra fast normally well within the open market/standard carrier quoting time frame;

Client can use his preferred TPA to handle Claims;

Client gets to build a Fund within their Hartwell Cell whilst always having title to that Fund.

Summary