What Is the Difference between Self-Insurance and Captive Insurance?
Captive insurance is a type of self-insurance that is available to most business owners, regardless of the size of their enterprise, that offers all the benefits of a fully self-funded insurance plan while providing additional incentives and a risk management framework. Read More
How Does a Captive Insurance Company Work?
A captive insurance company operates in a similar way to a traditional property and casualty insurance company. Find out how a captive insurance company works, according to captive manager Management Services International. Read More
5 Reasons Not To Form a Captive Insurer
There are five key questions to ask before deciding whether to form a captive insurance company. We rank the questions in order of importance and provide a road map for prospective captive owners to consider. Read More
Captive Insurance: Why or Why Not?
There are numerous factors to contemplate when deciding whether or not to form a captive insurance company. Read about some of the advantages and disadvantages of captive ownership to consider when deciding whether to form a captive insurance company or not. Read More
How the United States Became Home to More Captives Than Any Other Country
When Vermont lawmakers passed legislation in 1981 to allow captive insurance companies to be set up in the state, they did something unique for a US state: authorize a captive domicile that would compete with Bermuda and the Cayman Islands, the world's biggest domiciles. Now close to 3 dozen US states permit the formation of captives. Read More