Captive Insurance Companies

A captive insurance company is an insurance company that is organized and owned by the parties that own the insured enterprises. Under certain circumstances, insuring risks through a captive insurance company can be a more tax-efficient risk management technique than purchasing insurance from a third-party insurer.

Captive insurance presents unique and specialized tax issues, and also call upon skills related to the insurance structure in which the captive operates. Mr. Harris is actively involved in advising companies and individuals in the formation and operation of captive insurers, in domiciles both inside and outside of the United States.