This week’s article is by John W. Braine, Partner, CFO Edge, LLC.
Challenges presented by current business insurance offerings can include coverage gaps, exclusions and uncontrolled premium changes.
Companies who form, own and control their captive insurance company establish a licensed insurance company for themselves.
Types of insurance a company’s captive insurance company may provide include health, umbrella and liability insurance.
Reviewed in this week’s PDF…
…are descriptions of what a captive insurance company is, business challenges that drive creation, and the benefits of forming a captive insurance company – including tax advantages, lower premiums, and enhanced risk management.
Greater Los Angeles and Southern California executives who are interested in learning more about a captive insurance company can benefit from talking with a provider of outsourced CFO services.
A former enterprise CFO brings both client-side and services-side expertise determining if a company meets required criteria, as well working with you to weigh the advantages and drawbacks of setting up your own captive insurance company.