Premium Recapture - Captive Insurance Brokers

Premium recapture in the context of captive insurance involves the process of reclaiming premiums that would otherwise be paid to commercial insurance carriers. Captive insurance companies, with the assistance of captive insurance brokers, enable businesses to retain a portion of their risk and recapture a significant portion of the premiums paid. This approach offers tax advantaged financial benefits, risk management advantages, and greater control over the insurance and risk management program. By understanding how premium recapture works, businesses can effectively manage their total cost of risk and protect their balance sheets. This recapture is known as the "Underwriting Profits", this profit can be reinvested, and the profits can be paid out in the form of dividends. Further securing your wealth, for the future!