Kerper-Bowron is headed to the Alabama Captive Insurance Association (ACIA) annual conference

Don't forget to sign-up for the Alabama Captive Insurance Association (ACIA) annual conference. The captive insurance conference will be held at the Grand Hotel Golf Resort and Spa in beautiful Point Clear Alabama. The captive conference will be held from August 24 through August 26, 2021.

The conference this year will highlight the amazing achievements of the Alabama Captive Insurance Industry. Tickets to the conference are available online here.

Alabama is the Best Domicile in the U.S. for captive insurance companies.

Three consecutive years in a row Alabama has been listed as one of the best domiciles in the U.S. Alabama is also in the running for the domicile of the year. Alabama’s captive achievements and awards are coming after winning Domicile of the Year in the 2019 US Captive Awards.

For the fourth consecutive year, Alabama placed in the Top 5 nationally in net captive formations and continues to push the industry forward with industry-leading updates to the Alabama Captive Act.

Simply put, Alabama is where you should consider a domicile. Kerper-Bowron and affiliates have been in business since 1952. We are experts in the Alabama Captive Marketplace.

Why domicile your captive insurance company in Alabama?

The 2020 update to the Alabama Captive Insurers Act aims to reduce the burden imposed upon coastal property captives, drastically re-think branch captives by broadening the lines of business allowed and affords for reasonable capitalization requirements and the all-important, incorporate the “legal there, insure it here” doctrine. Alabama currently maintains one of the most attractive environments for captives due to:

♦Allowing captives to form as any entity allowed under law, including Series LLCs and mutuals

♦A 60-day provisional license option

♦Cap on premium taxes of $100,000

♦No premium tax or examination on dormant captives

♦Premium tax prorated in the first year of operation

♦Premium tax credits for examination fees paid

♦Innovative segregated cell statutes

♦Utilizing employee health benefits in captive structures, especially in the area of businesses with fewer than 50 health plan participants.

Alabama is recognized as one of the best domiciles in the United States

Captive International rated Alabama top domicile in the U.S.

Learn more about how Kerper-Bowron, can help you investigate, facilitate, protect and grow your captive insurance company with a domicile right here in Alabama, saving you time, money, and headaches.

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