How To Start A Captive

The global captive industry is growing and emerging domiciles are working hard to catch up with their more established counterparts.

In the United States captives are no longer exclusive to the Fortune 500 firms and the majority of new formations now come from the middle market which is rapidly embracing self insurance and alternative risk transfer.

Captive Startup cover v1-page-001

This in turn is forcing captive managers and service providers, not to mention regulators, to adapt quickly in order to keep up with the new demographic.

At the same time the Internal Revenue Service is scrambling to clamp down on the perceived abuse of captive structures and maintain credibility as a risk management tool first and foremost and a method of tax optimisation after.

Offshore jurisdictions are also benefitting from increased interest from the US middle market, although the rise of US onshore is putting pressure on some established offshore options.

This Captive Review Start-Up Report 2015 seeks to provide a comprehensive guide for prospective captive owners on aspects of tax and general compliance, as well as domicile and captive structure choices.

Captive Review questions established industry experts from offshore and onshore domiciles in both the public and private sectors to discuss the essential aspects prospective captive owners must consider before starting the formation process.

Captive Review also analyses the different captive structures that are available, necessary steps involved in the decision making process and common pitfalls that can plague captive formations.

Click here to view the PDF version.

Reserve Mechanical has “stronger fact patterns than Avrahami”, but outcome “not shocking”

Tax and captive insurance professionals have provided their initial reaction to the US Tax Court’s Reserve Mechanical ruling, with opinion seemingly more divided than in the Avrahami case....
MORE

M&T appoints insurance agency president

Kyle Samuel has been appointed president of M&T Insurance Agency, Inc. Samuel, formerly managing director of Wells Fargo...
MORE

European captives adding non-insured and third-party risk – Yannick Zigmann

Prospective captive owners in Europe are increasingly considering forming a captive to finance previously non-insured risks, while adding...
MORE

Reserve opinion a disservice to captive industry – Capstone

Capstone Associated Services, Ltd has issued a robust response to the US Tax Court's opinion that its client,...
MORE