Simple and captive insurance company management are usually not synonymous. Captive compliance, captive formation, captive management and captive exit strategies are arduous, daunting tasks. So that business owners can concentrate on running their businesses, most business owners choose from among many experienced captive managers.
Captive owners who attempt to assemble a team of captive professionals have a nearly impossible task. Finding an experienced, expert captive manager saves time, money and headaches. Expert captive managers provide turnkey captive solutions only attainable with dedicated teams of Actuaries, Attorneys, and CPAs. The right captive manager makes owning a captive simple.
Captive regulations, management and compliance can “hold business owners precious time Captive.” The penalties for noncompliance are significant and can jeopardize the license of your captive. Take back your time Captives took with simple captives.