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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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