We maintain separate bank accounts for each underwritten program. All monies received from or on behalf of our clients in a fiduciary capacity is deposited immediately into a separate fiduciary account and is used solely for the purpose of settling accounts on behalf of our clients, such as the payment of claims or any other transaction expenses, as authorized by our clients.

With continual monitoring and reconciliation of all accounts by our accounting staff, combined with open communication, we are able to keep our clients aware of the respective account status to ensure that adequate funds are consistently available to protect our clients' interests and those of the insureds.

We have established procedures to track all funds deposited into the appropriate loss fund escrow account and to distribute the funds in accordance with the conditions of the respective fiduciary agreements. Each account is reconciled by a licensed certified public accountant to ensure that all transactions are properly posted to the correct account.