Happy Fourth of July! I love this country, and it looks like our country loves Captives! Our feature article this month is a great testament to how far this fantastic risk management strategy has come. Starting in 1981 with one, we now have over 3,400 captives licensed in the states.
Top 3 Captive Countries:
Cayman Islands: 703
Not only are the numbers strong, but US lawmakers have been working hard to keep up with this ever-changing industry. Six states have already amended captive statues this year. I am sure more will be coming as we move into the second half of the year. These changes are why it's important to have a captive management team like US Captive Partners & Associates keeping your captive in compliance and running smoothly.
If you have any questions about implementing a Captive, call me directly or visit our
Captive 101 section
on our website.