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US P&C Insurer for Sale

Small P&C insurer located in US Pacific territory, member of NAIC and registered with the proper local and Federal authorities.
Originally established in 2007 to underwrite Marine & Aviation lines. Currently licenced in its domicile for most lines (General Casualty & Marine) and authorized to write worldwide. Eligible for preferential treatment in other US jurisdictions.
No business in force at this time and no claims history whatsoever.

We own several admitted insurers worldwide but do not use this very desirable licence. Presently capitalized at $50,000. Asking $100,000 sale price which includes the $50,000 capital in place. That means the buyer must come up with $50,000 for the charter and licence and $50,000 to replace the capital. Upon successful transfer of ownership to buyer we can arrange QS treaty or facultative RI if necessary. Attorney and claims network in place for worldwide claims service.