June 24, 2019 (Atlanta, GA) – Captive Alternatives (CapAlt), an Atlanta-based risk management consultancy, is pleased to have been shortlisted for the U.S. Captive Services Awards for 2019. CapAlt has been recognized for industry innovation and service in the category of: Captive Manager of the year - less than $1bn of Gross Written Premium. [...]
David Kirkup, Captive Alternatives COO/CFO, was recently featured on Captive.com as their Captive Insurance Person of Interest. David discusses his history within the captive industry dating back to the 1980’s, explains why Puerto Rico is an ideal domicile for Private Insurance, and describes the thought process behind Captive Alternatives opening an office there. To [...]
David Kirkup and Mark Sims, of Captive Alternatives, outlay some of the key considerations when establishing a micro captive Captive Review (CR): Why do risk pools require a closer look in the aftermath of the recent Avrahami and Reserve Mechanical tax court decisions? David Kirkup (DK): Both cases hinge on a ‘bad’ pool [...]
Private Insurance Companies, or captives, are very simple in concept. Instead of sending your money to “Big Insurance”, you form your own Private Insurance Company and keep the net profits after losses. The details are, of course, a little more complex. Some of the key concerns include what coverages to insure in your new [...]
Think Brand Protection does not apply to you? In a recent tsunami of brand flubs, several major corporations have illustrated how and why it is crucial to be vigilant about brand protection. PWC’s night at the Oscars blew up gloriously, Pepsi’s tone-deaf video about the power of fizzy water to heal social divisions, and United Airlines invention of a whole new idiom with the wonderful weasel word “re-accommodate” have all demonstrated what can go wrong.
Legislation that would prohibit small employers from self-insuring their employee benefits programs has been proposed in Maine. The proposal, LD 608, would prohibit a stop-loss carrier from issuing a policy to a business fitting the statutory definition of a "small employer," 50 or fewer employees, in the state.
Although most physicians think of themselves as medical professionals first, they are also business owners. Owning a Private Insurance Company™ offers physician/business owners an efficient way to mitigate the risks inherent in patient care and running a business, while taking advantage of tax incentives and building financial resources to fund growth. While medical practices have [...]
Employees make healthcare claims every year, and every year the cost of those claims typically goes up. Every medical group owner and manager knows that. But few know that owning a Private Insurance Company™ can control the costs of those claims – this year and every year. For decades, Fortune 1000 companies and even mid-sized [...]
A Private Insurance Company Offers Better Coverage and Greater Financial Rewards Than Traditional Insurance
Patient care comes with inherent risk. Some of those risks are obvious, such as medical malpractice and general liability, but others are more subtle, such as the damage that results from cybercrime or an online assault on reputation. A Private Insurance Company™ cost-effectively provides coverage against both types of risk – without requiring physicians to [...]