A Captive Insurance company provides insurance solutions for its owner. When clients identify a risk or are required to maintain a minimum amount of insurance by regulation or statute, depending on the amount involved, it is often prudent to consider the practicality, tax and cost benefits of captive insurance.
Through strategic alliances, FidPro is able to structure captive insurance coverage for non residents only. The rational for discerning captive insurance are numerous as every business or family will have risks of varying types and size. However, it is the self retained risk, or the risk that is not considered viable by commercial insurers that forms the basis for the captive insurance market. By using a financial mechanism to maintain reserves for the management of unforeseen events, clients are able to save long term costs which encourage better results.
Find out more about captive insurance products or determine if the formation of a captive insurance company is the best solution for you by contacting us at firstname.lastname@example.org.