Consulting Services
SECURE Business Reinsurance Solutions offers our clients the most sensibly priced high-quality captive insurance company design, formation, and management services in the industry, and provides best in class service throughout the relationship.
Our team of seasoned professionals represent over 77 years of combined reinsurance experience and have formed in excess of 2,000 individual 831(b) Micro-Captive reinsurance companies. Our team of specialists review each program and it is our reinsurance knowledge that uniquely positions us to meet the needs of a variety of industries.
Ownership alternatives for your captive structure remain very flexible, yet requires the assistance of able counselors and a productive captive structure to assure adherence to the ever-changing regulatory and compliance rules.
Captive insurance companies are not an answer for each situation but rather they go a long way towards enhancing business risk administration practices.
The business hazards of owning an authorized insurance company are numerous.
If you do not properly design and operate your captive, not only may the captive itself be unprotected to regulatory sanction and fines, but it may likewise neglect to fit the bill to qualify for assumed special tax incentives.
The most unattractive outcome imaginable is choosing captive consultants and managers who do not track industry best practices, guarantee you the world to get your business, and after that develop an imperfect program that is believed to be in violation of the recently arranged economic substance exam. With all the new professionals entering the captive business who lack experience, this most dire outcome imaginable may eventually affect some captive owners.
To avoid surprises, hire experienced professionals to guide you. Do not select your service providers purely on price. Be focused on operating your insurance organization as per industry best practice principles.
Insurance and financial transactions are two of the most lucrative ventures to put resources into, however owning and a regulated company should only be considered by devoted and refined owners after they are comfortable they comprehend the upsides and downsides and have looked for independent expert guidance.
Having said this to alert you to vital considerations, executed correctly, owning and working a captive insurance company could pay significant profits to you for years to come and shelter hard earned personal business and other investment assets.