What Is Outcomes SPC?

At GCM, we believe in helping clients take control of their insurance future, giving them the tools to own their outcomes. Outcomes SPC is a solution designed with this mentality, giving businesses a cost-effective, streamlined way to enter the captive insurance space.

Listen in as our experts Jennifer Reid and James Trundle discuss SPCs and why they might be a great fit for you.

Segregated Portfolio Companies (SPC): How Do They Work?

A segregated portfolio company (SPC) is a legal structure that allows multiple insurance programs to operate independently within the same legal entity while keeping their assets and liabilities fully separate. Think of it as a rental solution – such as leasing an office space rather than purchasing the building.

  • In a traditional single-parent captive, one entity owns and operates its own insurance company, managing all governance, costs, and compliance responsibilities.
  • In an SPC model, different programs function within a shared structure, benefiting from economies of scale while remaining completely isolated from one another.
Business professionals meeting together in a conference room.

Benefits of Joining a Segregated Portfolio Company (SPC)

For organizations considering captive insurance, Outcomes SPC offers many advantages:

  • Lower Cost of Entry – Lower levels of government fees, operational efficiencies, and potentially lower capital levels required compared to a standalone captive.
  • Expert Oversight – Managed by GCM, you benefit from deep industry expertise of over 45 years at the management level.
  • Flexible Structure – Each insurance program within the SPC remains completely independent, allowing companies to tailor their coverage.
  • Growth Opportunities – Participants can use the SPC structure as a steppingstone, eventually transitioning into their own independent captive structure after gaining experience and stability.

What Makes Outcomes SPC Special?

Unlike other SPCs, where the management company may not have a vested interest in the portfolio’s success, GCM is actively involved in governance and decision-making to ensure long-term stability and compliance – giving you peace of mind.  

Are you ready to get started? Reach out today!