Captives - Why Own When You Can Rent?
One traditional drawback to renting a captive was the possibility that you could expose yourself to the adverse claims experience of another rental participant. Today, most captive domiciles have created protected cell legislation that provides for legal separation of accounts within the captive (see Segregated Account Companies Act 2000, in our glossary), making rental facilities a safe and attractive choice for middle market companies.
Benefits Of Renting
- Lower costs
- Initiation costs are lower
- Operating costs are shared
- Feasibility studies can cost thousands of dollars, where Roundstone conducts program design and analysis for renters FREE of charge. Click here for more information about our Captive8 program.
- Turnkey set up
- Consolidates costs
- Dramatically reduces time investment
- Shorter implementation
- Lower capital requirements
- Easy exit
- Less financial disclosure
- More control
- Increased flexibility
