At Mitchell Williams, our team of insurance regulatory lawyers are innovators in the formation and development of on-shore and off-shore captive insurance companies. As more companies are looking for alternative ways to manage risk, captive insurance gives a company more control over how they are insured and how they deploy capital.
For decades, our insurance regulatory team has been a leader in the captive industry having lobbied for and authoring legislation in favor of captive insurance companies in multiple states. In addition, we have participated in the rule-making process and were instrumental in forming the Texas Captive Insurance Association.
We assist associations, healthcare providers, manufacturers and other businesses to enable them to manage multiple types of risk. By utilizing a captive, a company can offer significant advantages to its businesses and bottom line, including the reduction or stabilization of costs, favorable tax implications, claims management and profit retention.
As a legal leader with extensive experience in captive insurance, we assist clients with matters of:
- Structure and form domestic and off-shore captives
- Captive re-domestications
- Risk retention groups and risk purchasing groups
- Alternative and self-insurance options
- Regulatory, compliance and governance matters