NEVADA
Discover the Silver Lining of Nevada’s Captive Insurance
Captive Insurance is a regulated form of self-insurance by which a subsidiary company is established to insure the risks of its parent and affiliates. Through this method, a company can retain earnings from premium payments, fund additional investments, and cover expenses for safety programs and research.
Known as the Silver State, the State of Nevada was founded on
the principles of freedom and commerce, and the Division of Insurance is
committed to helping companies seeking alternative structures for risk transfer
find a solution that is both secure and profitable.
In Nevada, captive insurers enjoy low application expenses and renewal fees, simplified financial reporting requirements, a fair and consistent regulatory environment, and a dedicated team to help our captive insurers achieve success. Nevada also features a $5,000.00 credit for first time annual premium tax filings, and we are one of only eight states which offer the benefits of the series corporation structure which allows sponsored captives to create protected cells with independent corporate structures.
With these benefits and more, we know Nevada is an ideal place to build a business and see it grow, and where we know you will discover the silver lining.
Check out
these pages to find out more about Nevada Captives:
About Nevada Captives
Types of Captives
Application Process
Annual Reports, Fees, and Taxes
Captive Service Providers
Forms and Resources
Frequently Asked Questions
Meet the Team
Additional
Links:
Nevada Captive Insurance Council
Captive.com
Nevada Revised Statute 694C
Nevada Administrative Code 694C
Nevada Governors Office of Economic Development