Do you have $10 million in gross revenue, pre-tax profit of $1 million or more, or have more than 50 employees? If you answered yes to any of these questions, a captive insurance company may benefit you. A captive insures the risk of its owner(s). It issues policies, collects premiums, and pays claims. Ninety percent of S&P 500 companies use captives. A captive can improve cash flow, control risk, minimize insurance costs, and accumulate wealth. Not only can a captive lower the cost of insurance, it can also insure hidden risks such as:
Charlie Davis is an experienced attorney in captive insurance. Contact him today at (480) 733-6800 for a confidential consultation to determine whether you will benefit from a captive insurance company.
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