Captive insurance, at first glance, is a daunting subject. In reality, the concept is quite simple. At its heart, a captive insurance company is an insurance company that you or your business owns. Captive insurance provides business owners the unique capability to manage their risk more efficiently and improve their company’s bottom line.
Nevertheless, many business owners of companies large and small are unfamiliar with the advantages of captive insurance, much less how to pursue them. Consider this assessment your first step to learning more about the possibilities.