Capstone forms 150th captive

Capstone Associated Services has formed its 150th captive insurance company with the application to form a Delaware based captive.

Formed in 1998, Capstone serves clients across a number of industries including manufacturing, distribution, professional services, medical, oil & gas and other extraction industries, and consulting.

In association with its affiliated law firm, The Feldman Law Firm, clients are offered a “one stop shop” for all captive insurance services.

“As a true turnkey organisation, we are better able to control the quality of the services provided,” said Capstone chief executive officer and general counsel Stewart Feldman. “While clients can choose whatever services they wish, most midmarket companies aren’t interested in hiring a senior executive on staff to coordinate the captive function.”

“Forming our 150th captive solidifies Capstone’s position as the premier captive planning firm for middle market companies,” Feldman added.