Advantages of Captive Insurance
CAPTIVE INSURANCE
Advantages of Captive Insurance
Increase Control, Reduce Costs
Captive insurance refers to a subsidiary corporation established to provide insurance to the parent company and its affiliates. A captive insurance company represents an option for many corporations and groups that want to take financial control and manage risks by underwriting their own insurance rather than paying premiums to third-party insurers. The advantages of going captive are: