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WHAT IS A
CAPTIVE/RRG? A Captive is an insurance company that is formed by a corporation
to insure the risk of the owner and/or closely related third parties. A pure captive or single-parent captive has
only one parent company and insures the loss exposures of that parent. An association captive or group captive has
two or more parents, which are typically members of an industry trade
association. Rent-a-captives deliver
similar benefits without capitalization requirements or hands-on involvement
in overseeing the captive program. |
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F. Darrell Lindsey State Approved Captive/RRG Manager |
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46 Years Experience |
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BACK – USE ARROW TO PRINT USE PRINT PREVIEW |
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