What’s so captivating about captive insurance?
Abstract: Captive insurance is a type of self-insurance that can help all types of businesses reduce costs. But is it right for every construction company? Maybe, maybe not. It can depend on the size of a company, the kinds of insurance covered, the location of a captive and the tax consequences of that location. But, if the conditions are right, there are specific benefits that a captive can offer a construction firm.