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Who should explore captive insurance with AIM?
- Closely-held businesses of all types that have insurance costs exceeding $500,000.
- Closely-held businesses that have profit (before distribution to shareholders) of at least $500,000.
- Physician groups looking to reduce medical malpractice costs, where the aggregate malpractice premium is at least $1.5 million.
- Associations with combined insurance premiums (of any type) of at least $3 million.
- Existing captive insurance companies looking for a better jurisdiction or more cost-effective or responsive comprehensive management.
To learn more about the specific reasons for forming a captive insurance company, click here.
To learn about the specific types of captive insurance companies, click here.
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