Is a captive insurance company right for your business?
Whatever the size of the business, it's likely a captive insurance company can aid the organization's risk management program and reduce the total cost of risk. Captives allow businesses to reduce their reliance on the commercial insurance market while stabilizing insurance costs. Learn More
Why should you choose the captive option?
One of the many reasons to choose the "captive option" is because of accounting and tax rules, which allow for the deduction of insurance premiums by insurance companies. Again, as a captive is an insurance company, reserve funds held for the payment of future losses are deductible.
What is a captive domicile?
The “captive domicile” is the state, territory or country where a captive insurance company is located, that also licenses the insurance company and has primary regulatory oversight. Below is a list of the top domiciles for captives both in the United States and internationally.