What goes into forming and operating a captive?
Insurance is a highly regulated industry; and the operation of a captive – just like any other insurer – requires staying in compliance with multiple regulatory authorities. The task of forming and operating a captive is a challenge that calls for expertise in many areas and ongoing attention. Implicit in accomplishing this are the crucial roles played by risk managers, insurance regulatory lawyers, accountants, outside auditors, investment professionals, resident insurance managers, tax lawyers, finance and corporate lawyers, reinsurance specialists, underwriters, and often actuaries, among others. Coordinating the activities of these professionals calls for a effective overall manager. Capstone has negotiated preferred arrangements with our suggested team of service providers. This allows Capstone to provide the full range of needed expertise to form and administer a captive at an affordable price and through one domestic company with just one phone call to us. Capstone offers afford
