Captive Services

Own your risk.

Captive insurance companies are like fingerprints.  No two are alike.  Good candidates for an enterprise risk captive insurance company typically have at least one of the following criteria:

 

  • Annual Revenue of $10M or more

  • 30 or more Employees

  • Annual, uninsured losses of $100K or more

  • $200k or more in annual, P&C insurance premiums

A captive insurer is a legal entity formed primarily to insure the risks of one corporate parent company, or a number of affiliates, thereby reducing the parent company's total cost of risk.

A captive can be structured to potentially build up underwriting profits on a tax-deferred basis.  Should the captive meet certain risk distribution requirements and qualify as an insurance company, they can then elect to be taxed only on investment income.

 

Premiums paid to the captive by the company are typically tax deductible and since no federal income taxes are paid on underwriting income, a captive with low losses relative to premiums can create significant tax advantages for ownership.

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CALIFORNIA

29899 Agoura Rd #110, Agoura Hills, CA 91301 | 818-889-7240

 

NEW YORK

12 E 49th St #2603, New York, NY 10017 | 212-644-8205

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