During 2018, North Carolina's captive insurance program reached a milestone: its fifth anniversary since the inception of the North Carolina Captive Insurance Act. During these last 5 years, the program has seen the substantial growth of North Carolina licensed captive insurers as well as growth of captive managers and other captive services providers that are operating in our state.
Wouldn't it be great if there was a "what to expect" manual filled with must-have information, advice, insight, and tips? In your business, you set goals and have expectations for how things should be running. With a captive insurance company, it is the same situation. Read on for guidance regarding your newly formed Captive Insurance Company.