Saltar SC, LLC, is a captive insurance company domiciled in South Carolina that provides public entity pools with various lines of coverage via incorporated or unincorporated protected cells.
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shield pools from the volatile reinsurance market and its overpriced coverage solutions |
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offer another option for protection of pool exposures |
All participants in the protected cells will be Internal Revenue Code § 115 tax-exempt, non-profit public entity pools with similar risk-sharing and risk-control philosophies. Each pool will be required to execute a participation agreement with Saltar SC to join.
The Arizona School Risk Retention Trust, Inc. (the Trust), a property and liability pool based in Phoenix, Arizona, is the sole captive sponsor.