The Business Owner's Definitive Guide to Captive Insurance Companies: What You Need To Know About Formation and Management

by Peter J. Strauss J.D., LL.M.

Overview

MANAGE YOUR RISK IN A MORE EFFICIENT WAY

What if you could insure the risks of your business, reduce your outof-

pocket expenses, and create another source of revenue? Sounds

too good to be true, right? With The Business Owner’s Definitive Guide

to Captive Insurance Companies, Mr. Strauss shows that, by utilizing a

captive insurance company, this is not only possible but also a lot easier

than you’d imagine.

As one of America’s top corporate, tax, and risk management attorneys,

Mr. Strauss provides readers with true insight on the key sophisticated

planning techniques used by small business owners who implement

captive insurance companies. You’ll learn the fundamentals and history of

captive insurance and how this technique can provide numerous benefits

to your business. This book will provide you with the insight on how to:

•reduce out-of-pocket expenses;

•increase cash flow;

•insure more of the risks of your business;

•protect personal and business assets from lawsuits; and

•select the appropriate manager for your captive insurance company.

Creating a captive insurance company may sound daunting, but with

Mr. Strauss’s guidance you can navigate the legal maze and utilize this

valuable strategy with ease. Don’t miss out on crucial out-of-pocket

savings, and create more liquidity in a more tax-efficient manner. Take

steps today and reap the benefits of captive insurance!

Product Details

ISBN-13:	9781946633071
Publisher:	Advantage Media Group
Publication date:	07/06/2017
Pages:	176
Sales rank:	668,424
Product dimensions:	5.90(w) x 9.00(h) x 0.80(d)

About the Author

Peter J. Strauss is the founder and managing member of The Strauss Law Firm,

LLC, located on Hilton Head Island, South Carolina. He is also the founder and CEO

of Hamilton Captive Management, LLC, one of the most admired and respected

management firms in the country, as well as numerous other insurance companies.

Mr. Strauss has authored several books on captive insurance, including Captive

Insurance Companies for the Small Business Owner and The Definitive Guide to Captive

Insurance Companies. He regularly speaks at public seminars and professional society

meetings such as the American Institute of Certified Public Accountants, Hawaii Tax

Institute, Southern Federal Tax Institute, as well as Continuing Legal Educational

conferences. Mr. Strauss is a graduate of the New England School of Law, holds an LL.M.

in estate planning from the University of Miami, and is currently enrolled at Harvard

Business School.

Table of Contents

Meet the Author ix

Acknowledgments xi

Preface xiii

Chapter 1 Fundamental Principles: What You Need to Know about Captive Insurance 1

Chapter 2 How to Maximize the Full Potential of a Captive Insurance Company? 25

Chapter 3 Putting the Captive Insurance Company to Work for You: How to Set Up a Captive and Start Insuring Your Business 41

Chapter 4 What You Need to Know About Managing Your Captive Insurance Company: Tax and Regulatory Requirements

Chapter 5 Protecting Your Assets from Lawsuits With a Captive Insurance Company 79

Resources: Is A Captive Insurance Company Right For You? 93

Appendix: Captive Insurance Cases and Rulings 95