Captives are subsidiaries established by companies to insure against the risk of loss such as property and casualty, general and product liability, workers' compensation, automobile liability and medical malpractice.
Domiciles like Barbados, Bermuda, the Cayman Islands, Arizona, Delware, Hawaii, Nevada, South Carolina, Vermont, and Washington D.C. provide the favorable legislation and established infrastructure necessary to support the captive insurance industry, including insurance, captive management, banking and legal firms.
Find out more about captive insurance in the following pages: