A captive insurance company is a firm that is owned and controlled by the entities it insures. There are two main types, pure captives, which are completely owned by the insured, and sponsored captives, which are owned by third parties that are not connected to the insured. A sponsored captive […]
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The proper protocol is not just about minimizing exposures, but also about properly insuring against losses that have to carry a significant financial risk. To this end, many businesses seek captive solutions in addition to standard insurance policies for these the top three reasons. Fills Gaps in Existing Coverage Insurance […]
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