Captive insurance companies are insurance companies established with the specific objective of financing risks emanating from their parent group or groups. Using a captive insurer is a risk management technique where a business forms its own insurance company subsidiary to finance its retained losses in a formal structure. While larger companies have long been in the captive space, higher insurance rates, expansions in commercially uninsurable risks and the development of low-cost captive structures have made captives more attractive for certain middle market and closely-held businesses.
In this presentation, you’ll learn how using captive structures can help you manage risk, reduce insurance costs and even achieve your estate or succession planning goals.
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