Rent a Captive

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R&Q Quest has one of the leading independent rent a captive (‘RAC’) companies in Bermuda. Clients include major corporations, private companies, groups and associations from the United States, Europe and the Pacific Rim. 

R&Q Quest’s aim is to be simple, flexible and above all cost effective. Our RAC programs are set up so that the program participant receives 100% of the underwriting profit and investment income earned on the program. 

R&Q Quest was formed under the Segregated Accounts Companies Act 2000 (the ‘Act’) in Bermuda. The Act allows companies to operate segregated accounts enjoying statutory divisions between accounts. The effect of such statutory division is to protect the assets of one account from the liabilities of other accounts. Therefore each RAC program is protected from the results of all other RAC programs of the company.

R&Q Quest is indemnified against losses on the program by the participant and the profits are returned to the program participant by way of a supplemental agreement. Our only charge is based on a sliding-scale percentage of the program premium and in some instances, a percentage of the invested assets. Unlike some other RAC facilities R&Q Quest allow the participants flexibility in designing their own investment program.

R&Q Quest has long-established, close contacts with a number of specialist underwriters. We take the participant’s submission to this specialized market and come back with the best deal in terms of cost and coverage.