Captive Insurance

Taking control of risks for an effective risk management while unlocking the doors to reinsurance market.

Captive Insurance

A Captive Insurance Company is a subsidiary company whose main business purpose is to insure the risks of its parent(s), subsidiaries and affiliated companies. Most companies use a captive as a risk management tool to reduce their insurance costs by gaining direct access to the reinsurance market. By forming a captive insurance company, the owner gains greater control of the organization’s risk financing structure and can align management capabilities to identify insurable risks and define potential liabilities and loss concerns.

Why A Captive

Tax residency in Mauritius and benefit of a 10-year tax holiday
Direct access to the reinsurance markets
Tailor-made policies and a wider range of risk coverage
Claims handling activities are improved
Ability to invest excess liquidity
Reduce costs, generate underwriting profits and investment income
Deeper understanding of the group risk management framework leading to a more effective risk management.

Categories of Captive Insurance Business

Our services:

Feasibility Study

Financial analysis, structuring, risk assessment, Insurance management & regulatory implications.

Captive Formation

• Prepare & submit application to relevant authorities in Mauritius.
• Design and prepare frameworks, manuals, policies for a sound Captive operation.

Captive Management

• Captive Insurance Agent
• Company Administration
• Company Secretarial
• Registered Office
• Insurance Management
• Underwriting
• Accounting & Tax Services
• Reinsurance
• Claims Handling
• Corporate Governance
• Statutory & Compliance
• Directorships
• Data Protection Officer
• Compliance Officer & (Deputy) Money Laundering Reporting Officer

Fortree provides a comprehensive range of corporate finance services to businesses seeking practical advice to help them take major operational decisions.