General Insurance vs. Captive Insurance
Do Business Boldly
General Insurance is the traditional choice for companies pay premiums to insurers in exchange for coverage, benefiting from the ease and predictability of this approach. However, Captive Insurance offers a more tailored and cost-effective alternative for businesses with unique or significant risk exposures. Unlike general insurance, where premiums are paid to external providers, captive insurance allows a company to set up its own insurance entity. This provides unparalleled control, allowing businesses to manage risks more effectively, retain underwriting profits, and tailor policies to specific needs.
