Are captives right for you? A webinar overview of captive insurance company benefits and challenges

Baker Tilly's insurance industry specialists discuss if captive insurance companies could be a solution for your organization.

Captive insurance companies can be a useful tool for companies looking to have better control over their cost of risk management. These types of insurance companies can provide the parent company with financial incentives such as lowered insurance premiums and income tax benefits. Captives can also help companies insure previously uninsured risks and risks that are hard to insure in the commercial market.

Key learning objectives covered in the webinar included:

  • Understand the types of captive insurance companies
  • Learn about the benefits of captive insurance companies for the parent company
  • Understand specific industry issues that can be addressed through captive insurance companies

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Detecting, testing, and reporting shifted costs