MSL Captive Solutions Inc, the independent underwriting firm specialising in the structure and underwriting of medical stop loss captives, is to serve as a full service managing general underwriter for Everest Reinsurance Company.

“The tremendous expansion in the MSL captive market over the past decade has exceeded a comfortable supply of competitively diverse carrier options participating in this segment,” said MSL managing director, Phillip Giles.

“Everest is a highly rated carrier and brings stability to the medical stop-loss captive sector through the strength of its balance sheet and underwriting philosophy. It also brings agility to underwrite on a direct and reinsurance basis.

“This expands our capacity to continuously deliver tailored and creative captive solutions to both group and single-parent captives”.

MSL Captive Solutions said it worked with select programme managers, brokers, consultants and captive managers to develop proprietary group and single-parent captive programmes.

MSL provides stop-loss captive underwriting management to several of the world’s leading stop-loss carriers and develops customised captive programmes with each carrier to meet the specific risk, financial, and competitive positioning objectives of its clients.