Captive Videos
Taxation of 831(b) Microcaptives and IRS Concerns
In this video, P. Bruce Wright of Eversheds Sutherland (US) LLP addresses the special taxation case of micro-captive insurance companies. Section 831(b) of the Internal Revenue Code applies to insurance companies with less than $2.2 million in net premium. Read More
Group Captives Prompt Members To Manage Their Own Risk
Michael J. O'Neill of ACIG explains how being part of a group captive insurance company catalyzes members toward better risk management including general safety and quality issues as well as risk-specific concerns. Read More
Strategy of Using Multiple Captives
John S. Alberici, of Alberici Corporation, discusses factors that come into play when determining a successful strategy for using multiple captive insurers and discusses how coverage type focus (strategic or tactical) and frequency and severity profiles can help when determining placement of coverages in multiple captives. Read More
Risk Shifting as a Tax-Deductibility Requirement
Linking back to another video, "Tax-Deductibility of Captive Insurance Premiums," P. Bruce Wright of Eversheds Sutherland (US) LLP explains that for an insurance transaction to occur, risk transfer or risk shifting from one party to another and risk distribution are required. Several high-profile cases are also reviewed in this video. Read More
Onboarding Process Critical When New Member Joins Group Captive
Michael J. O'Neill of ACIG explains the importance of having an onboarding process in place for new members of a group captive insurance company. This will serve to open up communication channels while highlighting changes to the new member's insurance program. Read More