General Information about Captive Insurers

Captive Insurers are an important alternative to traditional insurance because they enable businesses to control and customize their insurance costs and coverages in a manner that is more responsive to their financial objectives.

Noteworthy attributes of forming a captive include:

  • Address availability and affordability issues
  • Customize insurance program
  • Reduce total cost of risk
  • Stabilize premium
  • Retain underwriting and investment income
  • Increase control over claims process
  • Access reinsurance market
  • Improve consolidated tax position

Since the inception of its Captive program in 2002, Arizona has become a leading captive insurance domicile in the US. The Arizona Department of Insurance offers a stable, responsive, cohesive team of insurance professionals who have the necessary expertise and experience to foster a competitive, sound, and market-responsive captives program. We know there are many choices when selecting a captive domicile and we are proud that so many captives have selected Arizona as their preferred state of domicile!

If you are interested in discussing the formation of a Captive insurer in Arizona, please call us!