How to Implement a Captive Insurance Plan

How to Implement a Captive Insurance Plan

Anyone who has founded a business appreciates how much time, effort, and expertise is required to make it successful. Establishing a captive insurance company is no different; you might be tempted to throw up your hands and forgo it. After all, insurance is not your...

Is Captive Insurance Too Good To Be True?

Is Captive Insurance Too Good To Be True?

A New York Times article examining the benefits of captive insurance opened with this admission: “Every so often I come across a financial strategy that sounds too good to be true. That was how I felt when I heard about the increased use of captive insurance companies...

The Origin of Captive Insurance

The Origin of Captive Insurance

Imagine the dilemma facing Frederic Mylett Reiss, a property insurance engineer and insurance broker hired by Youngstown Sheet and Tube steel company to reduce their insurance costs in 1955. At the time, the company was reeling from labor strife and skyrocketing...