Modernizations to TN's Captive Statute
Strengthen TN’s Role as 1st Choice Captive Insurance Domicile
Captive Insurance
Business is confronted by risk every day. Forming a Captive Insurance Company has become a mainstream tool for mitigating traditional risks (e.g. Property, Casualty, Liability, Medical Malpractice, Directors & Officers, etc…) or non-traditional risks (e.g. Cyber Risk, Credit Risk, Wind Risk etc…) resulting in increased control and cost reductions. Tennessee’s state of the art Captive legislation, a unique centrally located geographic location and an Insurance Department dedicated to serving the needs of all types of Captives makes for a winning combination worthy of consideration.