Overview
Faegre Drinker provides full-service representation — from conception to completion — for those contemplating a captive insurance company, risk retention group or some other alternative risk transfer strategy. We serve Fortune 500 companies, financial institutions, construction companies, manufacturers, hospitals, insurance companies, retailers and others in creating and/or managing captive insurance companies and risk retention groups. Drawing on more than 30 years of experience in the captive industry, we advise on program design and development, domicile selection, risk management, corporate governance, regulatory navigation, tax analysis and defense, reinsurance transactions, transactional documentation and other aspects of captive management. We also have professionals that serve as captive managers in select jurisdictions. Our counsel is informed by a deep understanding of clients’ businesses and their inherent risks. In providing full-service representation, we routinely form multidisciplinary teams comprising colleagues from our broader insurance practice or from other relevant disciplines firmwide.