We are a turnkey captive insurance company (CIC) design, formation and management firm. We guarantee clients the highest quality service at the best possible prices, and offer free consultations and estimates. Learn about our free preliminary assessmentsContact us today.

Our turnkey formation fees include all expenses to form the entity, pay domicile application and license fees, engage a local representative and agent, pay for independent underwriting and actuarial services who helps design your captive’s policy and premium program, to start up your banking, accounting and tax related services, initial corporate governance documentation, and insurance policy issuance once your captive is authorized to commence its insurance business.  See our flyers for more information.

Formations can be completed in as little as 3 to 6 weeks from engagement. They typically take longer depending on how quickly the owner approves a final insurance program design with the actuary, supplies all required formation documents to assemble and submit the license application, and capitalizes the captive bank account once the captive entity is officially formed. It usually takes 6 to 12 weeks to complete formation and begin the captive’s insurance business after engaging us. Some domiciles allow conditional approval on filing the license application; if it is essential to quickly start the captive insurance program, this could dictate choice of domicile.

We also do captive takeover and rescue projects and have strategic partners on the ground in most leading domiciles.

Competing Firm Formation Fees

Captive formation fees from larger experienced firms are substantially higher than our fees despite, in our opinion, our services are superior and more customized. Click here for our flyers including our introductory flyer that has a chart of fee ranges charged by competing top large and mid-sized global captive management firms.

Associated Legal Work

We do not provide legal services to our clients, although our turnkey formation fees include outside law firm assistance representing us if needed to form your captive. Regardless of who you hire to form and manage your captive, we encourage all owners to have an independent attorney review and advise on the transaction.

Formation Steps

The main CIC formation steps are as follows:

  • engage Captive Experts;
  • complete risk assessment, underwriting, actuarial and feasibility study components with outside independent actuary
  • engage and retain other required service providers
  • assemble and submit captive license application package with chosen domicile
  • once approved for formation, form captive entity (with domicile corporation division) and obtain its tax EIN #s
  • owner/officer to open the captive initial capital bank account and deposit capital (or provide alternative funding such as letter of credit (LOC) or 114 trust)
  • supply proof of capital deposit to licensing domicile
  • conduct organizational meetings and other corporate governance formation actions (usually by consent – signing associated documents if not already done as part of the license application)
  • once the CIC license issues, commence CIC insurance business operations (set up its accounting system, invoice insured companies for policy premiums, issue policies, enter into reinsurance agreement if applicable to risk pooling)
  • completing these steps takes 3 to 12 weeks typically

Common Commercial P&C Insurance Lines Large Captives Traditionally Targeted and Integrate in Designs to Reduce Overall Cost of Commercial Insurance Programs:

  • General Liability
  • Professional Liability
  • Products Liability
  • Umbrella Liability
  • Property
  • Inland Marine
  • Commercial Vehicle – Truck and Auto Property and Liability
  • Workers Comp
  • Health and other Employee Benefit Coverages (newly targeted area of great interest)

Common Casualty and Property Lines of Coverage Enterprise Risk Micro-Captives Often Offer (often expensive in commercial markets if available at all from admitted commerical carriers or surplus lines carriers):

  • Advertising and Marketing Liability
  • Administrative Government Action Liability
  • Anti-Trust and Unfair Practices Insurance
  • Audit Liability
  • Bankruptcy Risks
  • Business Credit Loss Insurance (loss of creditworthiness)
  • Business Document Forgery and Counterfeiting Insurance
  • Business Extortion Insurance
  • Business Interruption Insurance
  • Business Reputation Insurance
  • Business Disruption and Interference Liability
  • Competition (unfair competition) Liability
  • Contractual Liability
  • Construction Defect Insurance
  • Credit and Collection Risks
  • Cyber and Data Security Liability
  • Intellectual Property Infringement
  • Intentional Acts
  • Deceptive Trade Practices
  • Deductions and Retentions on Commercial Policies
  • Directors and Officers Liability Insurance
  • Employment Practices Liability Insurance
  • Employee Benefit Liability
  • Environmental Liability Insurance
  • Errors and Omissions Insurance
  • Legal Liability Defense
  • Libel and Slander Insurance
  • Malpractice for Licensed Professionals
  • Patent Infringement
  • Performance Liability Insurance
  • Political Risks
  • Product Liability Insurance
  • Professional License Defense
  • Regulatory Risks
  • Reputation Risks
  • Structural Defects Liability Insurance
  • Subcontractor Default
  • Supply Chain Disruption
  • Title Insurance
  • Trade Credit Risks
  • Trademark Infringement Insurance
  • Whistleblower Liability

Additional Specific Industry Targeted Types of Insurance Micro-Captive Designs Often Consider:

  • Cargo Loss Insurance
  • Cash In Transit Insurance
  • Commercial Crime Insurance
  • Communications Breakdown or Interruption Insurance
  • Computer Loss of Data Insurance
  • Computer “Hacker” Insurance that results in loss to the business
  • Computer Software Liability Insurance
  • Computer Virus Insurance which resulted in loss of business data due to infection
  • Confiscation and Expropriation Insurance
  • Contract Frustration Insurance
  • Copyright Infringement
  • Counterfeiting of Product “Loss of Profit” Insurance
  • Crop Loss Insurance
  • Currency Risk Insurance
  • Delay in Start Up Insurance
  • Earthquake and Earth Movement
  • Eminent Domain Insurance
  • Employee HIV Contamination Insurance
  • Financial Crime and Embezzlement Insurance
  • Force Majeure Insurance
  • Foreign Operations Insurance
  • Goods In Transit Insurance
  • HIPAA Compliance
  • Identified Market Risk Insurance
  • Insurance Failure and Bad Faith Insurance
  • Judicial and Administrative Delay Insurance
  • Lawsuit Interruption Insurance
  • Labor Cost Insurance
  • Legal Expenses Insurance
  • Lender Failure Insurance
  • Loss of Key Customer Insurance
  • Loss of Key Employee Insurance
  • Loss of Key Supplier
  • Loss of Goodwill Insurance
  • Machinery Breakdown Insurance
  • Mold and Micro Organisms
  • Patent or Trademark Infringement Insurance
  • Political Risk Insurance
  • Producing Trees and Plant Replacement Insurance
  • Product Flooding Insurance
  • Product Launch Insurance
  • Product Tampering Insurance
  • Production Benchmark Insurance
  • Product Recall
  • Property Damage Insurance
  • Rework Liability
  • Securities Violation
  • Strike and/or Labor Unrest Insurance
  • Stop Loss (Employee Benefits – limited to US domiciled captives for US EB risks)
  • Trade Secret Insurance
  • Terrorism Insurance
  • Theft of Company Property or Funds Insurance
  • Trade Credit Loss Insurance
  • Patent or Trademark Infringement by another Insurance
  • Warranty (extended)
  • Weather Risk Insurance (Wind/Hail/Flood/Hurricane)

Excess / Surplus Coverage

  • Excess or Surplus Insurance (above limits of other coverage)
  • Excess or Surplus To Limit Risk Pool Exposure, Best Known as “Stop Loss Insurance”


  • Buyer Credit Risk bond
  • Customs Duty Bonds
  • ERISA Guarantee Bonds (Limited to US Domiciles)
  • Fidelity and Surety Bonds
  • Performance Bonds

These are some of the many risks a captive insurance company program design can consider including. A captive has the advantage of your insured operating businesses paying premium to a CIC entity you own, not to an unrelated insurance company. Your CIC can also possibly access the wholesale reinsurance marketplace where cost of coverage is often much lower than direct insurance.