Who We Are

Step into the dynamic world of Apetrop USA, where we go beyond the ordinary to offer an exciting array of services tailored for Captive startups. Our expertise includes top-notch Captive Insurance Advisement and ongoing Management, ensuring that you stay ahead of the game.

At Apetrop, we've forged powerful connections with industry titans across various domains. From brilliant Actuaries to sharp-minded Accountants, from seasoned Claims Management experts to meticulous Auditors, we've got the dream team to bolster your Captive venture. Not to mention our partnership with Fronting Companies, Reinsurance Brokers, Reinsurance Companies, Tax Advisors, and Legal Representatives, all geared up to give you a winning edge.

But that's not all! Apetrop's prowess extends beyond the norm. We skillfully handle runoff portfolio divestments and legacy captive closures through cutting-edge techniques like Loss Portfolio Transfers, Complete Entity Sales, and Partial Legacy Business Transfers. Embrace the future with confidence as we help you manage historical liabilities, ensuring a seamless transition whether you choose to soar to new heights or gracefully conclude a chapter.

Need more? Brace yourself for our remarkable leadership team, ready to unleash a torrent of consulting and advisory services in the insurance and reinsurance domains. Count on us for expert reinsurance collections, run-off resolution, and trapped cash recovery, because at Apetrop USA, your success is our ultimate goal.

Don't let excess weight bog you down! Connect with us today, and let's craft a winning strategy that propels your journey towards excellence.

About Us

Embracing the essence of Administrative and Infrastructure mastery, Anna's journey in the insurance and reinsurance realm has been nothing short of remarkable. Seamlessly weaving through the intricate domains of Claims, Underwriting, Accounting, and Management, she has carved a path of triumph and success.

Anna's ventures began across the pond, where she forged a triumphant service firm in the UK. She effortlessly translated her triumphs to the American landscape, leaving an indelible mark on the industry. In a true testament to her ingenuity, Anna played a pivotal role in crafting groundbreaking legislation, giving birth to the revolutionary Legacy Insurance Management Act in Vermont, a trailblazing feat in 2014. Unrivalled and unprecedented, this pioneering act set the stage for similar measures across the nation, igniting a wave of transformative change, with the NAIC working group adopting its principles to confront runoff liability with unrivaled efficiency.

In the captivating world of captives, Anna emerges as a virtuoso, involved in every facet of the journey. From the inception of new enterprises, navigating complex operational challenges, to orchestrating the graceful conclusion and sale of captives reaching the end of their tenure, her prowess knows no boundaries.

With an unshakeable foundation and a resolute spirit, Anna's contributions to the insurance and reinsurance universe continue to shine like a beacon, guiding the industry to new heights of excellence.

"Apetrop USA works closely with the state captive associations, to adapt and tailor their legal structures in order to accommodate new initiatives and better serve the captives in each jurisdiction. This has enabled the creation of some unique captive solutions and will continue to do so." Anna Petropoulos

Our Services

Protect your venture with Captive Insurance Startups - Your Success Shield: Empowering You for Triumph

Finding the right insurance to protect your liabilities, can be faced with both unique challenges and uncertainties. That's why we've tailored the process of Captive Insurance Startups to be the ultimate armory, designed to protect your business plans by the insurance company that is solely owned by it's insureds.
Captive Formation (Startups)

The main objective of Captive Insurance is to insure the risk of its owners, allowing the insureds to be in complete control of their risks, premiums and seeing underwriting profits that are retained by the Captive.

We can help you with a tailored solution to match your industry specific needs, enabling you to focus on innovation and growth of your business.

Secure your future today, and we will work with you to empower your entrepreneurial journey like never before!

The steps to setting up a Captive vary, depending on several factors. Domicile is an important decision, as is structure, setup costs, financing and long-term intention.

Apetrop USA can work with you as your Captive Strategy Advisor, and we will nurture and support you through the captive start-up process from start to finish to ensure your needs are heard and met accordingly.

Captive Managers are the insurance experts for the captive. If you're new to the world of Captive's, then having a Captive Manager can help you workout what third party services are right for the individual needs of your captive insurance company. The captive manager is there to support your captive from the startup stage, through to the point of licensure, to maintenance and growth of the captive.
Captive Management

Every captive needs a unique captive management approach, amongst our managing service we offer:

  • Ensure all regulatory State filings are submitted in a timely fashion, including but not limited to annual corporate filings, notices of changes, requests for waivers or extensions
  • Assist with any third-party providers such as auditors, actuaries, lawyers etc to achieve your desired results
  • Assist the captive with continuing restructuring initiatives and other strategies to maximize effectiveness and ensure legal and practical conformity
  • Provide general opinions on request

Aged insurance or reinsurance liability can be transferred to another carrier in a variety of ways. Our goal is to understand the needs of our client, explain the mechanisms available to achieve those needs and then work with them to execute a satisfactory result.
Runoff Liability Transfer

Apetrop USA is here to support you through each step required to transfer your Runoff Liability portfolio.

We take pride in ensuring we listen and understand your buyer credentials, and then match you with a suitable acquirer. With our extensive knowledge of the types of claims within your portfolio that you’re looking to transfer, we can pre-empt some of the issues you might come up against, and advise where some flexibility will be required.

Our aim is to ensure you, the seller, receives a seamless transaction to restructure your business to fall in line with your present needs.

Why Us?

The practice of insuring against risk exposure is paramount for any company or insurer.

Experience

Apetrop USA specializes in the formation of new captives, from conception through domicile selection to regulatory licensing and completion.

Capabilities

Apetrop USA provides ongoing captive management as necessary, and expertise regarding sponsored cell attachment as they arise.

Aftercare

When a captives purpose has been fulfilled or higher acquisitions take place that eliminate the need for ongoing insurance activity, Apetrop USA provides multiple solutions to address historic liabilities and other financial obligations. These solutions may include sales, stock transfer, loss portfolio transfers, novation’s and other mechanisms to provide closure to the owners of the captive entity.

Get In Touch

Please use any of the following to contact us

Call Us

802-380-9424

Our Location

P.O. BOX 7, Brattleboro, VT 05302 United States

Email Us

anna@apetropinc.com