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PURE CAPTIVE

START UP COSTS

Feasibility Study (Actuary / CPA)

$5,000 - $10,000

□ Onshore / Offshore Legal

$2,500 - $6,000

□ Regulatory Fees

$3,000 - $5,000

□ Captive Management – Formation Services Only

$5,000 - $7,500

□ Travel and Out-of-Pocket Expenses

$5,000 - $7,500

□ Insurance Program Development – Underwriting –

   Rate – Policy – Claims – Business Plan – Manuals

 

$5,000 - $10,000

□ Minimal Capital – To Form Company

$100,000 - $250,000

□ Surplus Contribution – LOC Possible

Ж Note: Cell Captive About 40% Less.

$150,000 - $300,000

 

ASSOCIATION CAPTIVE

START UP COSTS

Feasibility Study (Actuary / CPA)

$15,000 - $25,000

□ Onshore / Offshore Legal

$2,500 - $5,000

□ Regulatory Fees

$3,500 - $10,000

□ Captive Management – Formation Services Only

$5,000 - $25,000

□ Travel and Out-of-Pocket Expenses

$5,000 - $15,000

□ Insurance Program Development – Underwriting –

   Rate – Policy – Claims – Business Plan – Manuals

 

$15,000 - $25,000

□ Minimal Capital – To Form Company

$200,000 - $300,000

□ Surplus Contribution – LOC Possible

Ж Note: Cell Captive About 40% Less.

$300,000

 

RRG INSURANCE COMPANY

START UP COSTS

Feasibility Study (Actuary / CPA)

$15,000 - $25,000

□ Onshore / Offshore Legal

$3,500 - $7,500

□ Regulatory Fees

$3,500 - $10,000

□ Captive Management – Formation Services Only

$5,000 - $25,000

□ Travel and Out-of-Pocket Expenses

$5,000 - $15,000

□ Insurance Program Development – Underwriting –

   Rate – Policy – Claims – Business Plan – Manuals

 

$15,000 - $25,000

□ Minimal Capital – To Form Company

$150,000 - $300,000

□ Surplus Contribution – LOC Possible

Ж Note: Cell Captive About 40% Less.

$400,000 - $850,000

 

 

 

 

 

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