Established by legislation in 2013, Texas considers pure captives from a growing diversified market and offers a .5% premium tax rate. A very favorable state economic climate coupled with a regulatory process designed to engage, assess, and approve legitimate captive insurer programs makes Texas the destination for businesses throughout the world.
The Bahamas, through a robust legislative framework and financial services expertise, continues to provide a market for international SME’s to establish captives as a part of their risk management framework and risk financing programs. Forming a captive in The Bahamas also provides a financially safe and sound platform for those entities desiring to take advantage of the synergies within our financial services sector.
Utah is known for being a business friendly state and our Captive Division fits the well. It is known for being fair and responsive to the needs of the captives domiciled here. Along with being reasonably priced with only a nominal annual fee and no premium taxes, Utah is easy to get to with a Delta hub and a great place to visit with much to see and do.
Vermont maintains a regulatory system that attracts quality business, promotes Vermont’s reputation in the industry, and safeguards the solvency of captive insurers while recognizing the special purpose for which they are created.