Captive Insurance – A Growing Method of Risk Transfer

June 5, 2014

Charlotte, NC

With the enactment of the North Carolina Captive Insurance Act, North Carolina joined more than 30 states in opening its doors to captive insurance companies.

Today, captive formation has become an attractive, cost-saving option for public companies, midsize to large privately held firms, and small businesses, such as real estate developers and physicians. Captives potentially offer significant tax benefits to the owners, and in this era of Sarbanes-Oxley, captives can ensure that the risks the company retains are both transparent and properly reflected in its financial statements.

McGuireWoods’ insurance recovery and business tax teams have joined forces to present a two-hour informational program, followed by a cocktail reception.


  • The nuts and bolts of captive insurance companies
  • The structure and effective use of 831(b) captives
  • Tax considerations and consequences
  • Domicile selection
  • Establishment of the “captive team”


  • Martin Eveleigh, Chairman, Atlas Insurance Management
  • Representative from the North Carolina Department of Insurance, Captive Insurance Division
  • Ann Terrell Dorsett, Counsel, McGuireWoods LLP
  • J. Michael Wilson, Partner, McGuireWoods LLP
  • L.D. Simmons, Partner, McGuireWoods LLP
  • Danny Fontana, Financial Advisor, Pilot Portfolio Management