protected captives
TRANSCRIPT
Protected CaptivesTurning Business Risks into AssetsMark Sims
What are Captives
Hidden Risks in your Business
3
Still Not Convinced?
4
Traditional Insurance Controls: Claims
InvestmentsExpenses
So why bother with
Risk Management
?
Manage Hidden risksCustom CoverageBetter Risk ManagementMore Cash flowWealth Preservation
Captive Insurance Company
831(b) is more than 30 years old and designed to deepen insurance market for smaller companies…
History of captives
How does it work
Risk Distribution
PC 999
PC 001
PC 002
PC 005
PC 004
PC 003
MadRE
MadREPuerto RicoProtected CaptivesTax OptionsShared risk
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Risk Sharing
Every Captive pays pro rata
share.
Every claim split 50/50 with MadRE. CAPTIVE
Risk Reserve PC 001 PC 002 PC 003 PC 004 PC 005
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Premium FlowMadisonMADRE
60% to Captive
40% after Claims Year
1/3rd of Premium1/3rd of Premium
Working with CapAltWorking with CapAlt
Why CapAlt?StructureProfessionalism Banking OptionsPeople
Formation process?DataFeasibilitySelectImplement
Costs?Startup Fee CapitalManagement FeeTime
Risk Management Cash Flow Benefits
Asset Protection
Estate Planning Investment Options Exit Strategy
Captive Gives you
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MARK SIMSVP OF BUSINESS DEVELOPMENT
c: 812-327-3341p: 404-823-6200