Partnership

Participation in the Success of the Company

The heart of the Raffles experience lies in each partner’s active participation in the program for the improvement of the group and the individual businesses themselves. Member companies represent a wide variety of industries, with extensive business knowledge and experience. This culture of collaboration and engagement among the business leaders creates a true sense of cooperation where all invest in one another, and further, Raffles as a whole.

Raffles’ innovative model requires that every shareholder also appoint a director as the primary interface between the group and the insured company. Each shareholder, regardless of premium size, has one vote with a simple majority governing. Raffles’ shareholder representative responsibilities include controlling losses, participating in board meetings, and educating other high-quality companies about the captive concept. Management strength lies in a strong committee structure and individual involvement of all directors during frequent meetings held both in the Cayman Islands and other locations outside the United States. Presently, the committees and their primary responsibilities are: