Many Fortune 500 companies, as well as mid-sized and small businesses
and tax-exempt organizations, participate in captive insurance
structures. To help lawyers decipher the intricacies of captive
insurance, this guidebook begins with a discussion of types of captives
and addresses how to approach whether a captive makes sense for a
business owner.
The book focuses on various aspects of the captive's operation and
management--from taxation, special uses, and regulation to eventual exit
and potential tax litigation issues. Captive insurance covers legal and
non-legal practice areas such as taxation (domestic, foreign, state, and
local), insurance (regulatory, coverage, and reinsurance), securities,
commercial transactions, employee benefits, tax controversy, actuarial
science, underwriting, and more.
Written by seasoned professionals with varying areas of expertise,
Captive Insurance Deskbook for the Business Lawyer includes discussion
on:
- Various types of captives
- Captive insurance company feasibility
- Using a captive to fund employee benefits and the advantages of
placing them in captives
- Corporate counsel's role with captives and managing conflicts of
interest
- The role of the domicile regulator
- IRS examination of captive insurance
- And much more
