We are a Protected Cell Captive Insurance Company (PCCIC) created under the Captive Insurance Legislation in the State of Tennessee.
A PCCIC is an insurance company that can set up any number of segregated captive cells off the “core” of the PCCIC.
Think of Hartwell as being the axle on a bicycle wheel; the hub that ties everything together.
Hartwell Insurance Company was created in 2016 with the aim of breaking the mould of traditional insurance thinking.
Redefining Captive Insurance.
Each cell is represented by the spokes coming from the axle.
Each cell is independent.
What we offer
Hartwell will handle all associated Administration surrounding a Hartwell Policy/Captive Cell
Insurance Solutions for difficult to place insurances
Enable clients to participate in the Profits of their own Insurances and build a Fund over time
Claims handled by a Third Party Administrator (TPA) that is either the choice of the Broker or the Client
Hartwell can issue Insurance policies for risks located in all 50 States for and on behalf of all Cells within our PCCIC structure
Hartwell can offer Clients options at Renewal above and beyond normal Insurer’s terms
Stability in cost of insurance and long-term continuity of business
Hartwell can offer all these services and options because of one overriding reason:
The interests of the Client and of Hartwell are aligned.
Hartwell clients gain the following benefits:
Experience
Using our 60 years Insurance experience we can move faster than any other PCCIC in the market. We can design programs and suggest solutions and write bespoke policies for you.
Security
Every Cell is formed under the Captive Laws of the State of Tennessee and will be legally segregated from Hartwell and all of its other Cells.
Speed
We can create your own Cell within 6-8 weeks from your firm order.
You can also join our Multi Participant Cell within 24 hours.
Savings
We match insurance costs to the loss experience of the client. We reduce external insurance costs, clients participate in their own profits.
Tailoring
Each client, both creating a Cell and joining the Multi Participant Cell, will have access to their own micro insurance company giving them the exact coverages that their Company needs.
Remuneration and Premiums
There are 3 main payments that are required:
1
Premiums
Every client will join a cell that will have it's own bank account. All premiums will be paid into that account, and all accounts are separate from each other.
2
Hartwell
Remuneration:
We typically charge a margin (Program Manager Fee) which is a percentage calculated upon the amount of Limit required. Hartwell margin is the payment for our services (including Cell Application and Set-up Fee) and is not used for claims payments.
3
Brokerage
If the client uses a Broker then we offer brokerage at the standard market rates. The broker is never disadvantaged or disintermediated.
Because of our structuring techniques and the way in which we create our policies, Clients are not normally required to produce additional funding for the Cell. This is another advantage that Hartwell gives its clients over other PCCIC structures.
Costs are ALWAYS minimized.
How safe is money placed with Hartwell?
Money placed with Hartwell is extremely safe.
We designed it that way.
Separate Funds
All client money is kept separate to Hartwell money and the money of our other clients. Hartwell’s money and that of the client is never, ever co-mingled.
Management Oversight
Hartwell employs the services of a professional Management Company that is monitored and approved by the DOI in Tennessee. The Management Company handles all of the client money on behalf of Hartwell as well as Hartwell’s own accounts.
Withdrawal Approval
No one can take money out of the client account unless both the Management Company and Hartwell Insurance approve the transaction. Client money can only be taken out of the client account if there is a claim (and associated expenses) to be paid that has been approved and presented by the Claims Management Company (TPA) appointed to the contract.
Who we are
Hartwell Insurance is the creation of two people: Roland Horton and William Harris. Their goal is to create an Insurance Company whose interests are exactly aligned with that of their clients. In addition, they want Hartwell to offer a fast, responsive and bespoke service (every client is unique and we treat them that way). Finally, they want the process of working with Hartwell to be an enjoyable one, business efficiency is great but it can also be enjoyable.
Tyler Maconaghy
Director of Sales
Drawing on 10+ years in Excess & Surplus Lines and Captive Insurance, Tyler blends expertise in property and liability programs to create bespoke solutions at Hartwell. His mission? Bridging two worlds to deliver unique value for clients.
(615) 338 9979
Hunt Calvert
Vice President
Fueled by a passion for excellence and innovation, Hunt specializes in creating tailored insurance solutions at Hartwell. His client-first approach drives success, while outside of work, he’s coaching lacrosse and spending time with his family in the great outdoors.
(615) 431 8816
Niclas Bez
Vice President Treasury
With a background spanning financial analysis, reporting, and business intelligence, Niclas brings a data-driven edge to Hartwell's operations. His experience streamlining complex processes means Hartwell's clients get sharper insights, faster answers, and the financial clarity they need to make better decisions.
(615) 431 8876
Jennifer O’Rourke
Vice President Accounts
Jennifer brings experience in insurance, business ownership, and bookkeeping to Hartwell. With nearly two decades in life and health insurance, she offers a well-rounded perspective and strong understanding of the financial side of running a business. She is also an Advanced ProAdvisor with QuickBooks Online. She takes a thoughtful, client-focused approach, working to understand each situation and improve outcomes in practical ways.
(615) 431 9983
Tim Dillon
Senior Vice President Claims
With more than 25 years of commercial claims experience, Tim has worked with insurance carriers, reinsurance carriers, MGAs, captives, and TPAs. He combines technical expertise with operational insight to provide strategic claims oversight and efficient, transparent outcomes for clients. Outside of work, Tim operates ResqRanch, an animal sanctuary in Murfreesboro that provides refuge for senior, sick, and unwanted animals.
(615) 234 2849
Jimmy Maconaghy
Vice President
With more than 20 years as a property and casualty consultant and strategic risk advisor, Jimmy loves connecting with people. At Hartwell he combines his focus is on relationship building with his knack for finding “out of the box” solutions: a combination that fits like hand in glove. Away from the office he can be found with his family skiing in the winter and boating in the summer.
(615) 323 5267
Sam Phelps
Assistant Underwriter
With a background in trucking insurance, operations, and business systems, Sam brings a practical mix of industry knowledge and technical expertise to Hartwell. He understands the demands of transportation-focused insurance while applying his experience in IT, workflow improvement, and web development to build smarter processes and support the tools that keep business moving.
(615) 283 7361
Mark Tabler
Vice President
Mark brings over 20 years of extensive experience in the captive insurance space. Mark has formed, operated, restructured and consulted
On single-parent captives in various risk classifications. Outside of work Mark coaches baseball and soccer, while trying to find time to play a little golf.
(615) 695 2048
Our Partners
No man is an island and that also rings true of companies too. We seek to gather around us some of the best advisors and service providers in our Industry.
This menu of service providers is an Industry leading combination and enables Hartwell to provide all of our clients the very highest levels of service.
We like to offer our clients a choice of Banking services. We are proud to have JPM as one of our Banking service providers. Our cells' bank accounts are set up with JPM, JPM is one of the most respected financial services firms in the world, serving corporations and individuals in more than 100 countries.
Financial Stability Rating
Regardless of the severity of a general economic downturn or deterioration in the insurance cycle, insurers earning a Financial Stability Rating® of A possess Exceptional financial stability related to maintaining surplus as regards policyholders at an acceptable level.
General economic conditions impacting the Property & Casualty insurance industry include, but are not limited to, the rate of claim inflation, interest rates, investment income yields and overall economic activity.
Underwriting cycle conditions include, but are not limited to, overall price adequacy, mix of premium by state, loss and loss adjustment expense, reserve levels, reserve adequacy, liquidity, expense levels, utilization of reinsurance, collectability of reinsurance, financial leverage, investments in affiliates, dependency on a particular distribution system, etc.
About Demotech
Demotech, Inc. is a financial analysis firm specializing in evaluating the financial stability of regional and specialty insurers.
Since 1985, Demotech has provided proactive solutions to insurance industry financial analysis issues and has served the insurance industry by assigning accurate, reliable and proven Financial Stability Ratings® (FSRs) for Property & Casualty insurers and Title underwriters.
Demotech’s philosophy is to review and evaluate insurers based on their area of focus and execution of their business model rather than solely on financial size.
FSRs
FSRs are a leading indicator of financial stability, providing an objective baseline of the future solvency of an insurer.
FSRs are based upon a series of quantitative ratios and considerations which together comprise Demotech’s Financial Stability Analysis Model
As the first company to have its rating process formally reviewed and accepted by Fannie Mae, Freddie Mac and HUD, Demotech has been leveling the playing field by providing Financial Stability Ratings® to insurers of all sizes.
In order to sustain an FSR of A or better, an insurer must meet their financial criteria quarterly, throughout their annual review cycle. Further, the insurer provides them with information on its reinsurance program and access to a senior officer to discuss operating results.
Our Corporate Social Responsibility
Sometimes in this hectic world of business, deadlines and money we lose sight of things that really matter, so it’s nice to be able to spend a little time getting involved with the world outside of business.
At Hartwell we are very interested in dogs and horses. Both Roland and William have dogs and along with many Americans we love our animal family; we want to do more with dogs and people and so we would ask people to watch this space as we start to explore how Hartwell can help dogs within our community and help people work and be with our canine friends.
Also we believe very much in animal communication. Just as we all know that Communication is key in the business world so it is in the animal kingdom. Knowing when to speak and when to listen is so important both with humans and with animals.
We’ve tried to help especially in the Equine world where Hartwell has been proud to work together with Elsa Sinclair of Taming Wild ( www.tamingwild.com ). Elsa is a great teacher of patience and communication with horses and has made two films about her experiences. Hartwell was very pleased to be the sponsor of her latest film - Taming Wild: Pura Vida which charts her crossing the Dominican Republic on foot with rescue horses.
As time develops we want to do more and more for dogs, horses and animals as a whole so if you have any good ideas please contact either Roland or William.