Home  |   Contact Us


Home
Structure
Criteria
Mission
Awards
Service Providers
Contact Us
Request Info
Annual Reports
 
   

Structure and Member Obligations

The company is licensed and managed in the Cayman Islands to reinsure risks from the issuing insurance company, which is licensed to provide coverage in the United States.  Hartford Insurance currently assumes that role.

The types of coverage provided by Archway are:

  • Worker Compensation in all states
  • Automobile Liability including Physical Damage
  • General Liability

The company insures only businesses that are directly linked to a shareholder.

Each shareholder appoints a director, whose function is to attend the Board meetings and vote on all issues and resolutions. Each shareholder, regardless of size, buys one share of stock and has one vote. Archway shareholder responsibilities include controlling losses, participating in Board meetings, and educating other high quality companies about the captive concept.

The Board elects officers for a two-year term: President, Vice President, Secretary and Treasurer/Finance Committee Chairman. There are currently four operating committees: Risk Control, Finance, Underwriting and Membership Development. The Committees meet before the Board Meeting and present resolutions or motions to the full Board for action. There are two board meetings each year at which updated financial data, investment returns, and loss control statistics are presented. The strength of Archway lies in active participation by all shareholders as committee members and officers.

Copyright © 2008 Archway Insurance, Ltd.  

“The Archway captive is the place to bring your business up to pace. The safety emphasis, cost control, and dividends will make your business strong. The members’ profits and dividends are the result of a professional team of providers leading the way.”

Jim Wanty, O & W, Inc.