Align

What Align does

Align Risk Solutions, LLC is a Nashville, Tennessee-based captive insurance management and risk consulting firm serving business owners and institutional clients across the United States. The company facilitates the formation, licensing, and ongoing management of captive insurance companies — alternative risk structures that allow clients to underwrite their own risk and access reinsurance markets — covering property, transportation, liability, and special-situation exposures, and additionally providing bespoke captive solutions for commercial carriers, collateralized reinsurance investors, MGAs, and MGUs through the State of Tennessee's onshore collateralized reinsurance framework.

Core offerings span the full captive lifecycle: risk consulting and insurance program analysis, feasibility and design, formation and licensure, and ongoing management including regulatory compliance, accounting, and statutory filings. A distinguishing product is Align's cell facility structures, which allow clients to own their own captive while consolidating regulatory and capital infrastructure without cross-sharing risk with other participants; the firm also forms and manages cells for capital market investors in collateralized reinsurance. Underlying technology is service-based rather than software-based — there is no proprietary platform disclosed — and value is delivered through human expertise across insurance, legal, finance, and accounting disciplines, supported by relationships at Lloyd's of London for sophisticated structuring.

Align generates revenue through managed services under quote-based, multi-year contracts, with pricing tailored to program complexity. Go-to-market is consultative direct sales targeting enterprise business owners and institutional buyers, with offices in Nashville (HQ), Phoenix, Los Angeles, and Wilmington, NC. The firm grew through acquisition of Montera Captive Insurance Management in February 2022 and continues to hire senior talent from competitor captive managers and large insurance brokerages.

Name

Align

Legal name

Align Risk Solutions, LLC

Website

https://alignrisksolutions.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Align Risk Solutions is a Nashville-based captive insurance management and risk consulting firm that forms, licenses, and manages captive insurance companies for U.S. business owners and institutional clients including carriers, MGAs, and reinsurance investors.

Ownership category

akta.pro rank

Product category

Captive Insurance Management Services

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Carriers and Related Activities (524)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Captive Insurance Advisory & Management (FSAEADAF)

akta.pro secondary industry

Insurance Due Diligence & Transaction Risk Advisory (M&A, W&I) (FSAEADAM)

Keywords

• Captive insurance management
• Alternative risk management
• Captive formation services
• Collateralized reinsurance administration
• Insurance program consulting

Headquarters

HQ city

Nashville

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Captive Insurance Management Services: Ongoing management of captive insurance programs including consulting, formation, licensing, regulatory compliance, and administrative services for captive insurance companies

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Align Risk Solutions facilitates the formation, licensing, and ongoing management of captive insurance companies for business owners and institutional clients. Its core services span retail captive solutions (property, transportation, liability, and special situations) and institutional captive solutions (for commercial carriers, collateralized reinsurance investors, MGAs, and MGUs). The firm also maintains proprietary cell facility structures that allow clients to own their own captive while benefiting from consolidated structures and regulatory positioning.

Product overview

Align Risk Solutions provides a unified captive insurance management platform offering consulting, formation, and ongoing management services for captive insurance companies. The core offering includes retail captive services for business owners (covering property, transportation, liability, and special situations) and institutional solutions for carriers and investors. Supporting services include cell facilities for captive formation, risk consulting, feasibility analysis, and regulatory compliance. The company operates across multiple U.S. offices with relationships at Lloyd's of London for sophisticated structuring options.

Differentiator

Problem solved

Functional benefit

Products and services

• Captive Insurance Management Comprehensive captive insurance company formation, licensing, and ongoing management services for businesses and institutional clients seeking alternative risk management solutions.
• Retail Captive Services Services for business owners forming captives, focused on property (commercial, multifamily, medical real estate), transportation (hauling, shipping, aviation), liability (general, employment practices, cyber), and special situations including de novo insurance companies and products.
• Institutional Captive Solutions Bespoke captive solutions for commercial carriers, collateralized reinsurance investors, MGAs, and MGUs seeking access to U.S. onshore collateralized reinsurance through the State of Tennessee.
• Cell Facilities Cell structures that allow prospective clients to own their own captive while benefiting from structure consolidation without cross-sharing risk with other participants, including management and formation of cells for capital market investors in collateralized reinsurance.
• Risk Consulting & Insurance Program Analysis Assessment of a company's needs, goals, and current risk management programs to determine the viability and benefits of captive insurance solutions.
• Captive Feasibility & Design In-depth feasibility reports and captive design services including review of existing insurance programs, coverage integration, risk distribution, and cost analysis.
• Captive Formation & Licensure Complete captive formation and licensure process including application coordination, service provider compilation, and regulatory liaison for new captive insurance companies.

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Eight partnerships are on record, tiered core and minor.

• Montera Captive Insurance ManagementcoreStrategic or Co-development Partner · 17 February 2022Acquired by Align Risk Solutions in February 2022. Montera was a Gilbert, Arizona-based captive insurance manager. The acquisition expanded Align's presence into the metropolitan Phoenix area and Southwest region, representing the second acquisition in six months for Align.
• Tennessee Captive Insurance Association (TCIA)coreOthersIndustry association focused on captive insurance in Tennessee. Align is a member and Andy Rhea serves as a board member.
• Self-Insurance Institute of America (SIIA)coreOthersTrade association for self-insurance and alternative risk transfer marketplace. Align maintains membership.
• Captive Insurance Companies Association (CICA)coreOthersInternational association of captive insurance professionals. Align maintains membership.
• RIMS (Risk Management Society)minorOthersGlobal organization dedicated to advancing risk management. Align maintains membership.
• North Carolina Captive Insurance Association (NCCIA)minorOthersRegional association supporting captive insurance in North Carolina. Align maintains membership.
• Lloyd's of LondoncoreStrategic or Co-development PartnerAlign maintains relationships at Lloyd's of London giving clients access to world-class and sophisticated structuring options for captive insurance programs.
• Fronting CarrierscoreStrategic or Co-development PartnerAlign has relationships with fronting carriers allowing for streamlined captive implementation processes for retail clients.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Global Captive Management: Independent captive insurance management firm providing formation, licensing, and ongoing management services across multiple U.S. domiciles. Operates in the same niche as Align with overlapping client segments.
• KeyStone Risk Partners: Independent captive management and consulting firm providing formation, feasibility, and ongoing administration. Comparable in scale and service mix to Align's retail and institutional captive offerings.
• Artex Risk Solutions: One of the largest independent captive management and consulting firms globally, offering formation, ongoing management, and cell facility services. Artex is the most direct head-to-head competitor to Align's core captive management offering.
• Strategic Risk Solutions (SRS): Independent captive insurance management and consulting firm with multiple U.S. and international offices. Operates in the same niche as Align with comparable formation, feasibility, and ongoing management offerings.
• Pro Group Captive Management Services: Independent captive management firm focused on formation, regulatory compliance, and statutory filings. Align hired a captive manager (Kirsten Foltz) directly from Pro Group in 2024, signaling direct competitive overlap in the U.S. captive management market.

Emerging players

• Sun Captive Insurance: Smaller independent captive management firm with similar formation and management services. Comparable as a regional/emerging competitor in the U.S. captive management niche.

Broad incumbents

• Willis Towers Watson Captive: WTW's captive management practice provides formation, ongoing management, and consulting for single-parent and group captives. Several Align team members previously worked at WTW captive, indicating direct competitive overlap.
• Marsh Captive Solutions: Marsh's dedicated captive management practice provides formation and management services globally. It is a much larger incumbent that bundles captive solutions with broader brokerage and advisory services.
• Aon Captive Insurance: Aon's captive insurance team offers formation, feasibility, and ongoing management as part of its global risk consulting and brokerage platform. Comparable in service scope but vastly larger in scale.
• RPS Employee Benefits / Captive Practice: Risk & Benefits consulting firm with captive insurance capabilities alongside broader commercial insurance and employee benefits offerings. Competes with Align on certain retail captive and employee-benefit-funded captive mandates.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/align-risk-solutions

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Align