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Adkisson's Captive Insurance Companies: An Introduction to Captives, Closely-Held Insurance Companies, and Risk Retention Groups | 
 enlarge | Author: Jay D Adkisson
Publisher: iUniverse, Inc.
Category: Book
List Price: $25.95
Buy New: $16.41
You Save: $9.54 (37%)
New (15) Used (6) from $16.00
Avg. Customer Rating:  4 reviews
Sales Rank: 42561
Media: Paperback
Edition: 0
Number Of Items: 1
Pages: 370
Shipping Weight (lbs): 1.2
Dimensions (in): 9 x 6 x 1.1
ISBN: 0595422373
Dewey Decimal Number: 368
EAN: 9780595422371
ASIN: 0595422373
Publication Date: December 17, 2006
Availability: Usually ships in 1-2 business days
Shipping: Expedited shipping available
Condition: Brand New! Perfect Condition!
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Product Description
A captive insurance company is, in a nutshell, an insurance company formed by a business owner to insure the risks of the operating business. The operating business pays premiums to the captive, and the captive insures the risks of the operating business. A captive is much more than an exotic form of self-insurance: It is the creation of a new insurance company that has the potential to grow from being a mere captive into a full-blown insurance company seeking to profit from underwriting the risks of others. Adkissons Captive Insurance Companies provides a basic introduction to captives and their benefits, including: utilize your own experience ratings; recapture underwriting profits; underwrite exposed risks and deductibles; access the reinsurance markets; and transfer wealth between generations. This book also provides a unique look at the wealth transfer, accumulation and preservation advantages of captives, as well as an overview of the types of captives, taxation of captives, and captive domiciles.
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| Customer Reviews:
 Boilerplate November 7, 2008
1 out of 3 found this review helpful
Book is 80 pages of boilerplate information that is available on net plus 200 pages of regulatory and tax code also available on net. Not worth it!
An excellent starting point March 9, 2007
5 out of 5 found this review helpful
Jay Adkisson's book on captive insurance companies is a good starting point for anyone who wants an overview of an often overlooked or misunderstood subject. The book is a little heavy on statutes and some case law, but otherwise gives an excellent introduction to the benefits and risks of establishing and maintaining these structures.
 Very Helpful January 22, 2007
5 out of 6 found this review helpful
I'm in the process of determining whether a captive makes sense for my company. Mr. Adkisson's guide is very imformative. He is a little weak in his pure insurance knowledge but the concepts are more creative and thorough than others I have researched.
Great Intro to Captives December 18, 2006
8 out of 8 found this review helpful
As an advisor, I've had clients repeatedly ask me about captive insurance companies but I didn't know much more about them and simply referred them to people like Jay who dealt with them. They always seemed like a "black box" planning technique where the secrets of how they worked were hidden from the unitiated. With this book, Jay opens that box and gives a great explanation of what captive insurance companies are, how they work, what it takes to get them licensed, how they are taxed, what policies they can issue, where they can be formed, and a bunch of other stuff that helps advisors like me understand the basic concept. I think this would be a great book to give as a gift to clients who were interested in captives as it explains their benefits -- and limitations -- quite clearly.
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