Advantages of Domiciling Your Captive in Your Home State

 
Captive Uses, Trends & Innovations | John Alberici | Chairman | Alberici Corporation 

Cost is not the only consideration when deciding where to domicile a captive insurer, as John S. Alberici, of Alberici Corporation, discusses in this video. While domiciling in a company's home state can provide efficiencies and save many costs tied to using an offshore or more distant domestic domicile, additional factors should be considered. For example, the state's commitment to captive insurance programs in the form of experience or supporting infrastructure within the state (insurance managers, actuarial, accountants, legal support) can prove to be equally as important to domicile selection among other selection factors.