Captive Insurance in DFW

Tower Street Insurance & Risk Management has been supporting clients in Dallas Fort Worth in finding their own game-changing investment platform since 1686. This finding pertains to the financial incentives afforded to business owners and practitioners by operating their own insurance firm.

Call us at 972-472-2040 to know more about our service with free estimates!

Every risk is financial in nature. An insurance corporation is a valuable investment instrument that can bring significant benefits to companies and business owners.

First and foremost, a captive insurance firm may provide a parent company or entities with more efficient risk control and casualty insurance cover.

Getting a captive insurance provider helps business owners to meet the following wants and needs more effectively:

• Improve asset protection
• Accelerate wealth accumulation
• Facilitate estate transfer to future generations
• Reduce insurance costs
• Improve risk management and insurance protection
• Experience tax savings
• Provide an alternative to non-qualified retirement or deferred compensation plan
• Provide golden handcuffs or golden parachutes
• Facilitate buy-sell, buy-inn, or buy-out arrangements
• Provide an alternative to qualified retirement plans

Advantages in captive insurance

In its purest form, a captive is a corporation formed by its shareholders solely to insure the risks of its parent and/or subsidiaries. Captive insurance has a number of benefits over private insurance:

• The insurance with rare or catastrophic risks, as well as a variety of minor risks.
• Direct access to the wholesale reinsurance industry is provided.
• Risk assessment has improved, as has awareness of the cost of risk.
• Premiums are based on the insured's past claims history.
• Profit from the investment yield on premiums retained.
• The group's retention of the surplus of net premiums over claims.
• Tax advantages - the cost of insurance premiums is deductible when calculating earnings, and receipt is at the group's overseas captive.

Why Choose Us for Captive Insurance in DFW

The Tower Street Insurance & Risk Management serves to provide members and regulators with captive insurance knowledge, to provide networking and marketing resources for individuals and organizations involved with captives, and to lobby for state and national programs that promote the use of captive insurance for risk management.

You can find our service at Allen, Austin, Dallas, Plano, San Antonio, Southlake, Westlake and surrounding areas. 

We will do an initial analysis of the current operating model to determine the content and future tax risk exposure, and make suggestions based on our realistic experience on a “best practice” operating model to suit your needs, in addition to assisting with transfer pricing documentation assistance.

We have commercial insurance coverages for directors & officers, workers’ compensation, cyber liability, personal and commercial risk management service and client advocacy. Call us today at 972-472-2040 or contact online to know the reviews from our satisfied customers.

Client Advocacy

100

Carriers

150

Collective Years of Experience

3.5k

Written Policies

98%

Retention Role

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