Is a captive insurance company right for your business

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June 2016

Overview

​A captive insurance company is an insurance company created and owned by one or more non-insurance companies, and typically is established to satisfy the risk-management needs of the owners. It is used as a form of self-insurance, and may cover a wide range of risks. A captive also may offer insurance cost savings and tax benefits. Accordingly, companies should consider whether a captive may make sense for their business.

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