Synergix Re helps medical stop-loss captives strengthen long-term performance through shared excess reinsurance, mutual ownership, and aligned economics that keep more value with captive owners.

Transcription:

What is Synergix Re?

When you hear Synergix, think captive for captives. Synergix Re is a Nevada-domiciled association captive structured as a policyholder-controlled mutual. It's designed to issue excess policies to existing medical stop-loss captives, whether they are a group or a single-parent captive. At its core, Synergix is a shared-excess reinsurance-captive insurance company. It creates a common bond for collaboration and it adds an excess reinsurance layer above the captive's working layer to support a stronger long-term structure.

How is Synergix Re different?

The biggest difference is that Synergix is a mutual. That means the policy holders are also shareholders. So instead of value flowing primarily to outside carriers, the captives purchasing this coverage are also the ones with ownership and control. That creates much better alignment around underwriting discipline, governance, and long-term performance. It's also different because of its economics. Synergix has a strict 10% G&A expense load, which reflects a disciplined approach to expenses, and helps keep more premium working for the captive owners. And when it comes to the excess policy, premium will be priced at the excess market. We believe that is more attractive than having a fronting carrier price the very risk they're taking back. Just as important, Synergix creates the opportunity for underwriting profits that might otherwise be lost to carriers. And above the coverage, Synergix gives captives the ability to collaborate with other policy holders. That's why we describe it as simply a captive for captives.

Who is a good fit for Synergix Re?

A good fit is an existing medical stop-loss captive that wants more than just another insurance transaction. The best fit is a captive that values alignment, wants access to the excess coverage, appreciates disciplined expenses, and likes the idea of participating in underwriting profits. This image tells a real story; that this diagram reflects the typical risk-retention model of an existing group reinsurance captive. As you can see, Synergix does not disrupt this model. It simply sits on top of the current working retention. So this is not about replacing the captive model, it's about enhancing it.

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