Welcome to SOBC Sandell

4 April 2018

Specialist Vermont Captive Manager formed, focussing on run-off

About Us

What We Do

  We can: 

  • Purchase insurance entities outright 
  • Provide an LPT or novation to our Connecticut Sponsored Cell Captive 
  • Provide interim run-off management with a view to providing finality after 6 – 12 months  
  • Work with clients on a consultancy basis to identify and resolve specific insurance operating issues

Our Business

 SOBC Sandell specialises in the active and professional management of claims. 


SOBC has the expertise in run-off acquisition and management, Sandell brings asset management, financial backing and financing skills. 


Together, the partnership of SOBC Sandell is able to provide successful finality for non-core insurance entities.  SOBC Sandell specializes in providing consultancy for, and / or the acquisition and run-off management of these entities.  


Our History

  SOBC was originally formed as a UK company in 2007 by the current CEO, Stephanie Mocatta. 

In 2014 the team expanded and we now have operations in Connecticut, Ohio, New Jersey and Bermuda. In 2016 SOBC and Sandell Re began their  current partnership - SOBC Sandell.

At present SOBC Sandell has seven owned companies under management, in Wisconsin, New York, Montana, Vermont, D.C. and Bermuda.  In addition we provide insurance management services for a number of external clients.

What We Do

Who we are:

  • SOBC Sandell is a US based holding company for the SOBC Sandell Group (“SOBC Sandell”).  
  • This is a partnership between the original SOBC investor directors, combined with the expertise and financial backing of Sandell Re. 

What we do:

We actively and professionally purchase and / or manage insurance entities where there may be:

  • Poor claims performance. 
  • No longer being core business.
  • Lack of an active management team. 
  • Under regulatory watch or close to acceptable solvency levels.

We can:

  • Purchase insurance entities outright.
  • Provide an LPT or novation to our Connecticut Sponsored Cell Captive or our Bermudian operation
  • Provide interim run-off management. with a view to providing finality after 6 – 12 months.  
  • Provide consultancy services to resolve specific issues.

Our Business

Our Business

  As a small, privately held company, we can move quickly to get the best results for our clients.

At present SOBC Sandell has seven owned companies under management, in Wisconsin, New York, Montana, Vermont, D.C. and Bermuda. We have around US$40M of claims liabilities under management from these companies. We also have a Sponsored Cell Captive in Connecticut, which can provide LPT’s, as well as a number of third party contracts providing insurance services.  

Our Promise

SOBC Sandell specialises in the active and professional management of claims. Once we have acquired companies, or indeed where we act as a third-party service provider, we work hard to: 

  • Ensure that the solvency is maintained wherever possible.
  • Work closely with regulators to ensure there are “no surprises”.
  • Protect the reputation of ourselves and past owners
  • Protect the assets of the company.
  • Look to close the liabilities if possible and reduce the associated time and expenses. 

We never forget our responsibility to policy holders 

Our Plan

   SOBC Sandell has a long time-frame, we are not constrained by Private Equity investors wanting a three to five year turn around, we are not listed and therefore do not have shareholders requiring a dividend stream. As such we are happy, able and properly set up to manage very long tail liabilities. A significant proportion of our business under management has a tail of over 30 years.  

Third Party Clients

  SOBC Sandell also provides outsourced run-off management, usually with a view to purchase after a period of time, or sorting out a specific issue, or set of issues. SOBC Sandell has a number of third party clients under management.  


We are a licensed Captive Manager in Connecticut and Vermont and are also in the process of becoming a specialised Captive Manager for run-off clients in Bermuda

Our History

Our History

SOBC was originally formed as a UK company in 2007 by the current CEO, Stephanie Mocatta. In 2014 the management team was expanded, bringing in additional directors.  In 2017 Sandell Re invested in SOBC and provide financial backing, asset management skills and together, as SOBC Sandell, we have significantly grown.

Where We Are From

  The management team has considerable experience in insurance management, underwriting, claims handling and settlement, reinsurance recoveries and the overall financial management of insurance entities worldwide.

In 2016 we established a back office in Ohio, with highly experienced insurance professionals, where the majority of our day-to-day operations are serviced.   

Sandell Holdings

Sandell Re is a Class 3 reinsurer in Bermuda, listed on the Bermuda Stock Exchange and supported by Sandell Holdings.  Sandell Re bring with them not only excellent asset management skills, but also additional resources to allow SOBC Sandell to continue to expand.  



Contact Us

Stephanie Mocatta, CEO

Email stephanie.mocatta@sobccorp.com

Phone +44 7977 071125 

Brian Johnston, CFO

Email brian.johnston@sobccorp.com 

Phone +1 (215) 805-0272 

Rick Ecklord, Sandell Re

Email rick@sandellre.com 

Phone +1 (212) 603-5713  

Address

Head Office:

540 Madison Avenue, 36th Floor

New York, 

NY 10022

Telephone 212 603 5700

Address

Administrative Office:

8200 Beckett Park Drive, Suite 201 

West Chester, 

OH 45069

Telephone   513-889-5663