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eMaxx Expands Platform for Insurance Companies to Enter Variable Cost Captive Market


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eMaxx, an InsurTech commercial managing general agent specializing in alternative risk, announced today the expansion of its turnkey platform for insurance companies to enter the variable cost captive market. eMaxx provides a platform that includes technology, product development, marketing, sales support, administration and can assume quota share excess of loss (XOL) reinsurance. Insurance companies provide fronting, excess XOL reinsurance, claims oversight and their independent agency network.
Variable cost captives are the fastest growing sector of the commercial insurance market and there is high demand for alternative risk captive programs, Brian McCarthy, CEO, eMaxx. Commercial Insurers can enter the alternative risk market quickly and provide their independent agency partners a branded product within months instead of years. ....

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Multi-State AAA Preferred Service Provider United Towing & Transport Joins the eMaxx Group Captive Program


Press release content from Business Wire. The AP news staff was not involved in its creation.
Multi-State AAA Preferred Service Provider United Towing & Transport Joins the eMaxx Group Captive Program
December 17, 2020 GMT
PEABODY, Mass. (BUSINESS WIRE) Dec 17, 2020
eMaxx Assurance Group of Companies (eMaxx), a provider of insurance program administration, risk management, and technology today announced that United Towing & Transport, a premier multi-state AAA Preferred Service Provider has joined the group captive program for AAA roadside assistance providers.
“eMaxx welcomes United Towing & Transport as a new Member to the eCaptiv program,” said Timothy Kolojay, President of eCaptiv LLC. “Our primary objective of the program is to provide captive insurance solutions to companies such as United Towing that are committed to driving profitability through the implementation of risk management technologies and safety best practices.” ....

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