Our team is among a select handful in the nation whose primary focus is the Captive Insurance and Reinsurance space, bringing more than 60 combined years of ground-floor experience to a highly technical industry where details determine outcomes.
While traditional insurance has its merits, many business executives and owners don’t know these alternative options exist, providing wide-ranging benefits, including enhanced risk management and greater underwriting flexibility — all while potentially generating profits.
We help CAPTIVE MANAGERS manage Captive Assets more effectively
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We help LARGE CORPORATIONS reduce operating costs while taking control over their claims process
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We help BUSINESS OWNERS with $20 Million - $1 Billion in revenue stabilize the unpredictable and fluctuating costs of insurance premiums
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We help HIGH NET-WORTH FAMILIES uncover tax-efficient investing opportunities
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We help CPAs, ATTORNEYS & BANKERS identify which clients are most suited for a Captive Insurance or Reinsurance strategy
Learn MoreWhy Captive Insurance?
by deducting the amount paid for premiums.
through more effective risk-management methods
generated through unused premiums
specific to your business instead of risk and costs being spread across a larger pool
to help avoid IRS scrutiny
When Does Captive Insurance Make Sense?
(Source: The Basics of Captives, Spring Consulting Group, 2016)
High-Liability Fields
Examples include construction, manufacturing and healthcare
Large Companies with many moving parts
Examples include hotel, retail or restaurant chains
Automotive & Agricultural Companies with high-value inventory
Examples include car dealers, auto and farm machinery manufacturers
Businesses with well-established and predictable risks
Examples include companies that meticulously detail workplace injuries or manufacturers that track defective products
Energy Sector Companies facing considerable environmentally related liabilities
Examples include mining, oil, and gas companies
Transportation & Logistics Companies that must account for accidents and damaged cargo
Examples include long-haul trucking businesses or package delivery conglomerates
High-Liability Fields
Examples include construction, manufacturing and healthcare
Large Companies with many moving parts
Examples include hotel, retail or restaurant chains
Automotive & Agricultural Companies with high-value inventory
Examples include car dealers, auto and farm machinery manufacturers
Businesses with well-established and predictable risks
Examples include companies that meticulously detail workplace injuries or manufacturers that track defective products
Energy Sector Companies facing considerable environmentally related liabilities
Examples include mining, oil, and gas companies
Transportation & Logistics Companies that must account for accidents and damaged cargo
Examples include long-haul trucking businesses or package delivery conglomerates
Bottom line: if your entity has the fiscal means of support, this option often merits pursuing.
Wells Fargo Advisors does not provide tax or legal advice.