There are several benefits to participating in a captive such as sharing in underwriting and investment profits, lower administrative costs, and tax advantages. Deciding whether or not to participate in a captive is a long term business decision that needs to be carefully and thoroughly evaluated. At SK&P our team of advisors have extensive experience in developing plans that allow our clients the ability to take control of their benefit plan and retain the profit that would have been made by a traditional insurance company. We can strategize with your organization to develop a customized plan based on need, risk tolerance, and cost.