Holmes Murphy units team on excess liability program for captives

Holmes Murphy & Associates Inc. units Innovative Captive Strategies, a captive manager and consultant, and Innovative Program Solutions, a managing general agent, Tuesday launched an umbrella/excess liability program for captives.

CaptiveXS offers up to $10 million in limits, depending on operations, fleet size and makeup, and location, said a spokeswoman for Waukee, Iowa-based ICS.

SiriusPoint Ltd. is the insurer for the program, and Creative Risk Solutions is the third-party administrator, an ICS statement said.