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WHAT IS A CAPTIVE/RRG?

 

A Captive is an insurance company that is formed by a corporation to insure the risk of the owner and/or closely related third parties. A pure captive or single-parent captive has only one parent company and insures the loss exposures of that parent. An association captive or group captive has two or more parents, which are typically members of an industry trade association. Rent-a-captives deliver similar benefits without capitalization requirements or hands-on involvement in overseeing the captive program.

 

 

 

 

F. Darrell Lindsey

State Approved Captive/RRG Manager

U.S. State Licensed Agent/Broker

 

 

 

 

 

 

 

 

 

 

 

 

 

 

46 Years Experience

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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