There are many compelling reasons for businesses to own their own insurance company.  We recently attended a session called “Captive 102” at the Captive Insurance Companies Association (CICA) Conference that presented four unique business challenges.  In each case, business owners and CFOs overcame their challenges by choosing to own their own insurance company – specifically, […]

If you read a report from the:   Bureau of the Committee on Fiscal Affairs Centre for Tax Policy and Administration Organization for Economic Cooperation and Development   …headquartered at:   2, rue André Pascal 75775 Paris Cedex 16 France   … you probably would not be surprised to find a report suggesting businesses do […]

As a business grows, businesses owners may choose to start or acquire an additional business that serves their core business.  This is often described as vertical integration, and it is often effective because a supplier or service provider is already making a profit serving the parent company. For example, a manufacturer may choose to purchases […]

Why CFOs Love Captive Insurance Companies and Why Small Businesses Should Too Many CFOs and small business owners alike yearn for the day when their company can build a “war chest.”  This war chest gives the business flexibility to invest during times of opportunity or to protect the strategic position or resources during uncertainty or […]

This is a question that I am routinely asked – “what types of businesses own their own insurance company?”  A better question would be “what types of businesses would benefit by owning their own insurance company?”