Multi-year cost benefit analysis to determine if the benefits are greater than the costs.
Tax analysis to identify tax incentives available to small property and casualty insurance companies under Section 831 and Section 162 of the Internal Revenue Code.
Identification of specific commercial property and casualty risks you are not currently insuring, that could be insured by your captive. We will provide suggested coverage limits, premium rates and policy form numbers for each line of insurance. All underwriting recommendations will follow the specific underwriting Rules which are published in the Commercial Line Circular or Manual of each line.
Documentation of the Captives business purpose. To satisfy IRS requirements, it’s important that a valid “business purpose” exist for creating the captive insurance company.
Domicile Selection: We will help you select the best domicile to incorporate, license, operate and many your Captive.
Captive Structure: We will help you select which captive structure will best meet your needs. This could include: Single Parent Captive, Association Captive, Group Captive, Industrial Insurance Captive, Rent a Captive, Sponsored Captive, Protected Cell Captive, Segregated Cell Captive, Affiliated Reinsurance Company (ARC), Producer Owned Reinsurance Company (PORC), Closely Held Insurance Company (CHIC), etc. Owned Reinsurance Company (PORC), Closely Held Insurance Company (CHIC), etc.
