Infrastructure considerations

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When you are evaluating domiciles for your new captive insurance company, infrastructure is one of the most important immediate and long-term considerations. It is important to recognize that simply enacting legislation that recognizes a captive insurance structure does not make a domicile appropriate for each captive’s needs. The domicile must have adequate infrastructure in place to support that legislation, and the support must be adequate for your particular needs. This is increasingly important to understand as more and more domiciles enter the captive insurance business and some may not be fully prepared.