Active Captive Management (ACM) specializes in the formation of captive insurance and management of captive insurance companies for small and medium size companies.
Combining over 3 decades of Captive Risk Solutions talent and experience, Active Captive Management provides risk transfer solutions in the following industries; Real Estate Development, Healthcare, Fuel and Oil, Nursing Home’s, Manufacturing, Automotive, Agriculture and Franchising, to name a few. Active Captive Management is an approved captive insurance manager in the following domiciles; On-shore: Alabama, Delaware, District of Columbia, Florida, Kentucky, Hawaii, Montana, Nevada, New Jersey, Oregon, South Carolina, Tennessee and Utah. Off-shore: Anguilla, Bermuda, Nevis, Puerto Rico and St. Christopher & Nevis.
Captive Insurance Experience Beyond Convention
Consider the alternatives to traditional insurance without experiencing a sales driven philosophy to providing transfer, financing and captive management risk options. Consider Active Captive Management.
Captive Insurance as an alternative risk management strategy is being used by more than half of the Fortune 1,500 US and multinational corporations.
ACM provides smaller or medium size companies a clear definition of a viable captive, assessing our clients risk exposure and financing objectives.
ACM provides the expertise to form, manage and operate your captive, enabling ownership to retain focus on primary business entities, while engaging a team of experts in the captive industry to effectively manage the compliance, regulations and financial aspects of the supporting captive. ACM’s services assures you will be in a position to capitalize on this viable risk management solution as well as the tax incentives Congress has provided, as has been done by a growing number of large US corporations and multinationals.
Active Captive Management is pleased to announce our first formation in the State of Hawaii.
Designed and facilitated by Cinda Carbone, this Hawaii domiciled pure captive provides policy lines that cover self insured losses and mitigate commercial gaps in coverage for a large privately owned real estate holding company. Ms. Carbone’s extensive experience with the Hawaii Captive Insurance Regulators facilitated a seamless formation process and resulted in our obtaining a license for the new captive within 60 days.
Hawaii’s captive law was enacted in 1987. With 175 captive as of June, 2012, Hawaii is one of the largest on-shore domiciles. Industry Groups typically represented by the Hawaii Captive Insurance Council are: Construction & Real Estate (57), Health Care (29), Telecommunications & Manufacturing (30), Retail & Other Services (25), Financial Services (16) and Transportation & Energy (18). Hawaii captives have grown to an estimated $14 billion in combined assets and $2.6 billion in premiums according to the latest update from the Deputy Insurance Commissioner.
For more information on Hawaii’s captive environment visit the regulatory web site at http://cca.hawaii.gov/captive/ and the Hawaii Captive Insurance Council’s web site at http://hawaiicaptives.com/hawaii-means-business.
What is a Captive Insurance Company anyway, and why would I want one?
What is a Captive Insurance Company and Why Might Someone Want to Form One?
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Dana Hentges Sheridan, Esq. General Counsel of Active Captive participated in a discussion of why a business owner might want to form a captive insurance company. The interview is conducted in two segments, one from the insurance and risk management perspective and the second to discuss tax and wealth management benefits. The primary point of the discussion focuses on the captive as a risk management and insurance tool.
Don’t Miss this Opportunity to Hear Industry Visionary Fred Turner, J.D., Founder of Active Captive Management, Speak Nationwide on the How Captive Insurance Companies are Being Used Today by Successful Small to Mid-Sized Businesses and Successful Self-Employed Professionals
Speaker: Frederick E. Turner, J.D., Founder of Active Captive Management and Co-Chair of the American Bar Association’s Captive Insurance Committee.
CPE: 1.5 hours credit, live webinar course sponsored by CPAwebengage.com
Date & Time: September 11, 2013 at 9:00am PST.
Course Title: Taxation of a Captive Insurance Company: Is a Captive Right for Your Client?
Webinar Learning Objectives:
The presentation could also be extremely informative to financial advisors, tax and estate planning attorney, insurance professionals, and wealth managers.
Type of Credit provided CPE for CPAs.
For more information and to register visit www.cpaacademy.org