Benefits of owning a captive
The benfits of owning a captive go far beyond what you may have read in the media. Below you will find just a handful of the ways you can benefit, however for a more personal explanation of what benefits and success you personally can expect, please contact us for a free consultation.
An economical alternative to captive ownership offers several key benefits:
Swift setup with minimal startup expenses
No audit or licensing fees, as these costs are covered by the sponsor - Annual operating costs for a cell are considerably lower than those of an owned captive
Can act as a preliminary step toward creating an owned captive, with cells easily convertible into independent captives
Participants can enjoy the advantages of a captive, including sharing underwriting profits, without the full financial burden and commitment of an owned captive
No requirement for a board of directors, resulting in reduced management time obligations
Exiting a cell is generally quicker and simpler than the process of closing an owned captive.
Questions? Need more info?
For more information, please contact us for a no-obligation consultation and quote