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 Press Releases
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Chicago Illinois, September 8, 2008 10:30 AM
Wyncrest Inc. Announces formation of Captive Insurance Companies Service.
Wyncrest Group, Inc. (WYCT- news) today announced the formation of Captive Insurance Companies Service Division as a continuing expansion of Wyncrest Groups Offshore Services Division.
Steadily focused on its corporate objective of expansion into lucrative Insurance and financial niche markets, the Wyncrest Group brings the advanced financial planning service of Captive Insurance Companies to its existing loyal and prospective clients.
In adherence with its growth strategy, the Wyncrest Groupprovides a constantly expanding array of financial and insurance tools for the benefit of its existing and prospective customers. The advanced financial planning service available through the Captive Insurance Companies reduces casualty insurance premiums while filling the gaps in conventional coverage.
Bill McFarland, Chairman of the Wyncrest Group says that, “Proper utilization of the Captive Insurance Services offers our clients a much needed tool for the implementation of their business strategies, and capitalizes on the Wyncrest Offshore Services Division that provides a win-win situation. The client has broader coverage, lower premiums, additional profit center and tax savings to name a few and Wyncrest keeps growing”.
The Captive Insurance Companies Division is part of and compliments the Wyncrest Group’s Offshore Services Division, which includes:
Wyncrest Group’s Offshore Services Division |
- Catastrophic Insurance Division
- Extended Warranty Insurance Division
- Captive Insurance Companies Division
- Aviation Insurance Division
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| Wyncrest Group’s flagship subsidiary, Southwest Financial Group has served its 18,000 clients in the Heartland of America with 285 repsnation wide for 22 years. |
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