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Causes: Insurance Providers
Mission: The primary purpose for which this corporation is formed is to be a nonprofit captive insurance company pursuant to article 19 of chapter 431 of the hawaii revised statutes, as amended. The corporation is organized and shall be operated exclusively for charitable purposes, by supporting, benefiting or carrying out some or all of the purposes of asante, dba asante health system (ahs) and other organizations (affiliates) that are controlled directly or indirectly by ahs and that are non-private foundations under section 509 (a)(1) or (2) of the internal revenue code of 1986, as amended (code), or corresponding sections of any future federal tax code.
Programs: Southern oregon insurance inc. Received its certificate of authority as a pure captive insurance company from the insurance commissioner of the state of hawaii. The company provides its parent with alternative risk financing options, and is authorized to provide healthcare professional and general liability coverage on a claims-made basis.