Custom designing the type and level of coverage needed by the company
Controlling the claims process, particularly in litigation with third party insurance companies
Benefitting from good claims experience and providing an incentive for improved risk management
Having access to the reinsurance market where typical cost ratios are far less than conventional primary insurers and where a wider array of insurance products are available at more effective rates
Having investment control over the captive’s assets (i.e. reserves and free surplus) which can then be retained in anticipation of future losses or to fund shareholder distributions
Maximizing income tax, estate planning and business succession opportunities
