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Date: 07 Jan, 2011

The Towner Management Group is now licensed as a captive management company in Utah, announced Len Crouse, principal of the Group.

“Our ability to manage captives that are domiciled in Utah is important to our prospects and clients that are based in the southwest and want to stay local,” says Crouse, a former long-time captive insurance regulator from Vermont. “The addition of Utah, which is a central location for western states, gives Towner Management the reach it needs to service our clients, wherever their needs are.”

TMG is also licensed domestically in Vermont, South Carolina, New York, the District of Columbia and Arizona. Offshore, Towner Management is licensed as a captive manager in Barbados, where its international headquarters is located, and manages other business entities there and elsewhere in the Caribbean.

The Towner Management Group is an independent, full service group of companies that manages alternative risk financing structures and International Business Companies worldwide. The Group’s captive management premiums are approaching $1 billion annually, while its other businesses, including IBCs, have a gross revenue of $1.8 billion per year.

To learn more about how captive insurance can benefit your company, please contact the independent professionals of the Towner Management Group at website or via the contact details listed below.

St. James House, Second Street
St. James, Barbados, BB 24016
P: 246.432.4000
F: 246.432.4004

148 College Street, Suite 204
Burlington, VT 05401
P: 802.861.2930
F: 802.861.2929