Captive Insurance Services

Captive Insurance Services is a consulting firm that specializes in assisting organizations with forming Captive Insurance Companies. What is a Captive Insurance Company (CIC)? Simply stated CICs are insurance companies owned by the insured. In its purest form a CIC offers the customer the ability to have their own insurance company and gives the customer:

  • Significantly lower risk related costs
  • Improved cash flow
  • The ability to increase net income
  • The ability to shelter and grow capital
  • Significant Tax advantages
  • The flexibility to decide when and how to pay claims

The commercial insurance market is often volatile and unpredictable, many organizations are trapped in the constant shop and drop cycle. A Captive Insurance Company is a permanent, long-term solution to risk that will free your organization from the constant shop and drop cycle of the commercial insurance market. Your company has a business plan and a marketing plan; doesn't it make sense to develop a long-term strategy for the ongoing and often costly expense of risk?

 

I offer a free, no obligation consultation to determine if a Captive Insurance Company is right for your organization.