Captives 101 - An Overview on Captives and Their Uses

Learn about the different types of captives, their uses, and an overview of the day to day operations.

Upon completion, you will be able to:

• Be able to identify the key differences in captives versus traditional insurance companies
• Understand the benefits of forming a captive
• Understand the different structure types of a captive
• Understand the process for forming a captive
• Understand how a captives are operated on a day to day basis

Course content:

• Overview of the evolution of captives
• Definition and overview of domiciles in the U.S. and internationally
• Define the advantages of forming a captive
• Accounting and day to day operations of a captive
• Reporting requirements of a captive

Estimated CPE Credit: 2 hours in Accounting

Prerequisites and Advance Preparation: None

NASBA Publication/Revision Date: March 2021 

Who Should Attend: Anyone interested in learning about the types and uses of captives in the P&C industry