Captives

Captive insurance is becoming more attractive to small businesses, says Authentic Insurance Founder Cole Riccardi.

Factors such as the pandemic, a recession and the global economy will affect multiple aspects of the insurance industry in 2023.

During a tumultuous year, organizations in nearly every industry turned to captives to help cover their risks.

The agency says micro-captive owners are on the hook for withholding taxes on the cash used to make premium payments.

Organizations are using captives in new ways to enhance risk management, attract more clients and access other forms of risk transfer.

Las organizaciones están utilizando cautivas de nuevas formas para mejorar la gestión de riesgos, atraer nuevos clientes y más.