TORONTO, Oct. 27, 2005 (PRIMEZONE) — Reliant Home Warranty Association (RHWC), a about traded Nasdaq aggregation accustomed to accommodate allowance accident coverage, accident management, mortgage securitization, and funding, today appear the accumulation of Reliant Allowance SCC, Barbados. This wholly endemic bound allowance aggregation is organized to accommodate accident administration and re-insurance advantage for accumulated barter on a all-around basis. A bound is an insurer activated by a association to assure the risks of the buyer and/or carefully accompanying third parties. Captives accommodate addition allotment mechanisms to bartering allowance markets including “Rent a Captive” allowance coverage.
“The accumulation of Reliant Allowance SCC is addition archetype of the entrepreneurial, applicant focused attributes of RHWC, their accessory companies and business partners, about the globe,” said Soussana. “They are alive side-by-side with their clients-as able-bodied as with their all-around partners-to seek avant-garde alternatives to accident administration and allowance advantage needs.”
Reliant Allowance SCC is one of the newer brand of entities that allows for assorted captives, hire a captive, which are absolute beef for insuring amalgamate or industry specific groups, according to Soussana. “Reliant Allowance SCC will be applicant focused-providing accumulation solutions for their accumulated clients,” he said. “The antecedent corpuscle will focus on amalgamate accumulated clients, who are committed to pro-active administration of their allowance needs and will accurately abode mortgage apology insurance, job accident and added apology based products. Re-insurance will be provided by Brit Allowance Limited (BIL), one of the worlds leaders in mortgage apology based allowance products. Future beef are accepted to abode added bartering classes, such as casualty, surety, activity and agent benefits, job loss, E & O, D & O, and warrants.”
Reliant Allowance SCC is based in Barbados and managed by AON Reed Stenhouse Inc. (Barbados). Reliant Home Mortgage Solutions (Canada) Inc. (RHMS), a wholly endemic accessory of RHWC, RHMS will accede the aboriginal affairs to be cocky insured by its ancestor company. RHMS is an avant-garde sub-prime clandestine mortgage lender in the Canadian bazaar who will be accouterment addition mortgage articles not currently accessible in the Canadian bazaar place.
RHWC and its accumulation of companies are committed to the addition of a abounding band of avant-garde apology based articles not currently accessible in their markets.
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