Oxford Risk Management Group
David DiMayo, CEO

The Oxford Risk Management Group has partnered with CBS in establishing a program that could help qualifying banks manage risk and potentially reduce existing insurance costs through a Captive Insurance Company. Oxford can assist your bank in establishing a Captive as a wholly-owned subsidiary of a Financial Holding Company. Captives are often established to insure enterprise risk for which commercial insurance is not available or prove to be too expensive. Examples of such enterprise risk may include coverage for cyber events, defense cost issues, traditional insurance program deductibles and more. By successfully managing these risk exposures, the Captive can also help create shareholder equity and increase bank capital.