Insurance Risk Management Solutions for Companies & Homeowners

Captive Insurance Policies in DFW, Houston, & San Antonio

Tower Street Insurance & Risk Management has been supporting clients in Dallas-Fort Worth and other Texas cities to find their own game-changing investment platform by operating their own insurance firms. A captive insurance firm typically provides a parent company or entities with more efficient risk control and casualty insurance coverage than other options.

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

When you want to set up a captive insurance firm for your company in AustinDallasPlanoSan Antonio, and other Texas cities that we serve, give us a call at 972-472-2040 or click here to set up an appointment with the agents at Tower Street Insurance & Risk Management.

Captive Insurance

Advantages of Captive Insurance

In its purest form, a captive insurance firm 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.
  • Among the tax advantages, the cost of insurance premiums is deductible when calculating earnings.

Trust Tower Street to Set Up Your Captive Insurance Firm in DFW

For years, Tower Street Insurance & Risk Management has been helping business owners maximize profits by making suggestions based on our realistic experience on a “best practice” operating model to suit your insurance needs, in AustinDallasPlanoSan Antonio, and other cities we serve. Setting up a captive insurance firm may be part of that process for your company. To learn more about captive insurance or other commercial insurance coverage options that we provide, call us at 972-472-2040 or click here to set up an appointment. We offer commercial policies for directors & officersworkers’ compensationcyber liabilitycommercial risk management services, and client advocacy.

 

Client Advocacy

Financial Growth Icon
100

Carriers

Experience Icon
150

Collective Years of Experience

Umbrella Icon
3.5k

Written Policies

Retention Icon
98%

Retention Role

Reviews from Our Satisfied Customers

I love Tower Street and receive the best service from them! They are reliable, caring, and always supportive. Can’t recommend them enough!

- Abby

Chris is a great insurance advisor. He has extensive knowledge of markets, coverages, and risk. I highly recommend him. I wish I had more business to send him.

- Larry

Hear From Customers We've Helped

How Tower Street saved Josh 500k
Hear How Tower Street Saved Josh $500k

Top Carriers We Carry on Personal & Commercial Lines:

CHUBB Logo
AIG Logo
Nationwide Private Client Logo
Pure Insurance Logo
Cincinnati Logo
Berkley One Logo
Vault Logo
Safeco Logo
Travelers Logo
The Hanover Insurance Logo
CNA Logo
Texas Mutual Logo
The Hartford Logo
Progressive Logo
UTICA Logo

See the Full List of Carriers We Offer