You may be paying too much for specialty insurance that covers risks that are difficult or costly to maintain. A captive is a self-insurance program run by your company so you only have to spend on the risk you assume.
Captives are not just for large corporations. Small and mid-sized companies also can save money, reduce taxes and gain better coverage through a captive.
Retail operations may have an opportunity to save on state income taxes through the use of a captive insurance company. Brown Smith Wallace has one of the most experienced retail teams in the industry. Our broad capabilities in this space allow us to tailor insurance solutions that will suit your organization. Learn more about how captives can save you money.