As an attractive alternative to commercial insurance and traditional risk financing, captive insurance allows businesses options to in effective risk and cost management. Adkisson Pitet LLP has extensive expertise in advising clients in the formation and development of domestic and off-shore captive insurance companies. Jay Adkisson is a recognized expert in this field, having authored the book Adkisson's Captive Insurance Companies, served as the Chair of the American Bar Association's Committee on Captive Insurance (201102014), lectured to professional groups, and published numerous articles on the subject.
Our capabilities include:
Adkisson Pitet LLP assists clients in the planning, structuring and licensing of captive insurance companies. We advise clients in determining whether this is an appropriate risk management vehicle for their needs and particular situation, then help with all aspects of entity formation including preparation of corporate formation documents and regulatory applications.
Captive insurance companies are sophisticated entities and operate in a highly regulated environment. Adkisson Pitet LLP serves as legal counsel to captive insurance governing boards and offers representation before insurance regulators.
The firm also engages in litigation arising out of captive insurance and like alternative risk management arrangements, including intra-member disputes and coverage disputes involving insurance and reinsurance policies. Our firm has exceptional capabilities to resolve these disputes, whether through negotiation, mediation, arbitration or litigation. When litigation is necessary, our talented trial lawyers have the experience and capabilities to protect our clients' interests in all state and federal courts within California.
If you would like further information on our Captive Insurance practice, please contact Jay Adkisson.