If your current investment “advisor” isn’t talking to you about asset allocation, risk-adjusted efficiency, tax efficiency, surplus optimization, RBC impact, and manager performance ranking, then they’re not seeing the full picture.
At CapVisor Associates, we believe that investment success isn’t achieved through guesswork, storytelling, or brand familiarity — it’s achieved through discipline, objectivity, and data. That is the CapVisor difference.
Unlike many advisors who rely on brand recognition or industry reputation, we rely on quantitative evidence. Our investment manager due diligence process begins with a robust analytical screen that evaluates performance consistency, downside protection, capital efficiency, risk-adjusted returns, and fee alignment. Every recommendation we make is supported by data and tested against your specific needs.
Qualitative considerations — team structure, philosophy, process — do play a role. However, in our disciplined investment decision-making framework, they are secondary and tertiary, not primary. We believe decisions should be quantitatively and qualitatively substantiated before they are finalized in the boardroom.
CapVisor works exclusively with insurance companies. That specialization gives us a critical advantage: we understand the regulatory, operational, and capital implications of every investment decision you make. Whether we’re adjusting surplus allocations, reviewing fixed income strategies, or evaluating alternatives, we’re always asking:
We measure success not just by performance, but by program integrity. That means your portfolio is aligned with liabilities, designed to withstand market shocks, and positioned to support financial stability across cycles.
Importantly, CapVisor is fully independent. We are non-discretionary and don’t manage investment products or strategies. We don’t have a stake in any strategy or group of managers that we may recommend for client consideration. Our only incentive is to serve your best interest with transparency, accountability, and precision.
To the insurance industry and to insurance asset management. CapVisor exclusively services insurance companies, with a laser focus on small- to mid-sized insurers. Commercial insurers, mutuals, captives, RRGs, and other ART insurers are our specialty.
150+ years of combined insurance asset management experience on our team, including over 35 years working with non-internally managed insurance portfolios — prior big-organization experience now offered through a boutique firm.
Our professionals have worked with insurers domestic and international, on- and off-shore, from small/start-up accounts to mature multi-billion-dollar international accounts and run-offs, investing across US and global fixed income, equity, and alternative securities.
We demonstrate investment leadership within the insurance industry as conference speakers and editorial contributors, members of major domicile associations, and recognized educational authorities — including as investment instructors for NAMIC’s Directors’ Boot Camp, ICCIE, and AM Best’s CPE-accredited internal training program.
We are an employee-owned insurance asset management consulting firm providing fair and balanced investment advice. We advise only and do not manage money, avoiding conflicts of interest — our compensation is never determined by or tied to a client’s investment choices.
A one-of-a-kind business model: Consulting/Outsourced CIO services, Manager Search services, the Steward Model Portfolio Series, and Project Work — kept structurally separate to avoid conflicts of interest.
Analysis and evaluation capabilities backed by industry-leading systems specifically designed to incorporate ALM for insurance companies, including manager universe and risk-adjusted return analysis and actuarially designed strategic asset allocation optimization.
Extensive knowledge of the insurance asset manager community versus the broader investment management community, insurance company lines of business and operations, and the network of intermediaries — actuaries, banks/trusts/LOC providers, accountants, attorneys — that surround a client’s investment program.
Competitive, portfolio-market-value-based consulting fees; a no-fee Manager Search Service; and negotiated flat fees for project work.
Plan design (risk tolerance assessment, IPS, guidelines, benchmark review/design), strategic asset allocation advice or optimization, and on-going management/oversight of the investment plan.
We had a successful investment manager, but they did not have the insurance industry expertise we received from CapVisor. From our plan design to our Strategic Asset Allocation analysis to the manager search analyses, CapVisor helped educate us and has improved our investment results tremendously.
Joe Schimenti Yellowstone Insurance Exchange, RRGWe didn’t realize the extent of services available to captives until working with CapVisor. We had been relying far too heavily on our investment managers to do the job of an advisor.
Captive Manager A leading independent captive management firmOur management team as well as our Board of Directors are very pleased with our overall investment results as well as our close consultative relationship with CapVisor. From plan design to your Strategic Asset Allocation analysis to your manager search analyses, you have helped educate us and have improved our investment results tremendously. Exposure to multiple asset classes we never previously considered, coupled with your correlation analysis, has made a big difference in our performance. We would highly recommend CapVisor to any company looking for expert guidance, particularly in the insurance space.
Thomas Kaehr NAMIC Insurance CompanyThe CapVisor approach is refreshingly straightforward, consistent and interesting — who doesn’t understand the meaning of a red, yellow, or green light? Setting aside the technical excellence — strategic asset allocation modeling, peer group analysis, and a myriad of value-added services beyond typical benchmark reporting — the team’s discipline and commitment to delivering timely, friendly, high-quality service is best in class.
President A VT Captive Management CompanyBecause in this environment, precision isn’t optional. It’s essential.