Will the Tax Cuts and Jobs Act Affect Small Captive Insurance Companies?

The end of 2017 delivered uncertain tidings concerning what effect the Tax Cuts and Jobs Act would have on the captive insurance industry. While the law affects larger captive insurers, changes are less significant for smaller captives. Management Services International provides its view on the tax law and small captive insurance companies.

Jeremy Colombik—Captive Insurance Person of Interest

 Jeremy Colombik—Captive Insurance Person of Interest

As part of Captive.com’s ongoing commitment to provide thoughtful commentary concerning issues impacting captives and the broader insurance markets, Captive.com spoke with Jeremy Colombik, president of Management Services International (MSI). MSI currently manages more than 100 businesses that are utilizing a captive insurance company structure. MSI specializes in Internal Revenue Code § 831(b) captives.