A common myth we often encounter is that it costs too much to set up and operate a captive insurance company.  In many cases, this is a false objection put forward to justify inaction.  What is really needed is a cost-benefit analysis that weighs the true cost of captive ownership against all the benefits a […]

Every year, a vocal group of self-proclaimed captive experts trot out their marketing propaganda disguised as news articles or industry commentary.  In reality, these articles are marketing pieces and they often suggest that small captive insurance companies, often described as “831(b) captives,” are giving the captive industry a bad name.  One of the keys to […]

It used to take a long time, in many cases a year or more, for a business to set-up a captive insurance company.  And stories about the long road many companies faced in setting up their captive arrangement linger on, often in the minds and lore of “old guard” captive managers and attorneys who were […]

Every year, a few self-proclaimed captive experts will write articles warning “if a financial advisor approaches you about setting up a captive insurance company, run”.  They don’t mean that you should necessarily run away from doing a captive, mind you, only that you should run from your financial advisor and toward (they never actually say […]

Every year, hundreds (maybe thousands) of business owners that would benefit immensely from the risk management, asset protection and tax saving benefits of owning their own captive insurance company are frightened away by advisors or so-called experts who suggest that, “captives are an audit target.” Myth # 10 is characterized by both injustice and disservice. […]