Captive Insurance Companies When business owners read their insurance policies and discuss their business risks with their commercial insurance agents, they realize there are gaps in current coverage that aren't covered by traditional insurers. To solve this problem, business owners often turn to a captive insurance company.
A “captive” is an insurance company specifically established to insure the risks of an organization. Owning your own insurance company comes with advantages that help you gain better control over your business’s risk management, earnings, and tax planning.
Captive Insurance Companies
ReplyDeleteWhen business owners read their insurance policies and discuss their business risks with their commercial insurance agents, they realize there are gaps in current coverage that aren't covered by traditional insurers. To solve this problem, business owners often turn to a captive insurance company.
A “captive” is an insurance company specifically established to insure the risks of an organization. Owning your own insurance company comes with advantages that help you gain better control over your business’s risk management, earnings, and tax planning.