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CAPTIVE INSURANCE SERVICES*

The firm practices in the area of captive insurance and alternative risk management, including captive feasibility, captive structure design, formation and licensing. Jay Adkisson is the author of the best selling Captive Insurance Companies: An Introduction to Captives, Closely-Held Insurance Companies and Risk Retention Groups. Chris Riser also has substantial experience in captive insurance formation and management. The firm also opines on certain tax issues relating to captives.

Formation

The firm assists clients in the formation of new captive insurance companies, including conducting a feasibility analysis, arranging a feasibility study, preparing the license application, facilitating the preliminary meeting with the insurance commissioner, incorporation, assisting with transfers to capitalize the new captive, and with all ancillary business and estate planning to create the most efficient structure.


Existing Captive Review or Proposal Review (Second Opinion)

The firm also can be engaged to perform reviews of existing captive insurance structures, or proposals created by other firms to form a captive insurance company. Such reviews are conducted by the attorneys of the firm on a pre-paid fixed-fee basis or an hourly basis that will be billed at the attorney's standard hourly rates with a reasonable retainer deposited by the client in the firm's client trust account beforehand.

 
Captive Insurance Claims Defense

The firm also provides for the litigation defense of policies underwritten by captives, including claim evaluation, mediation, litigation defense, trial, and appeals. The firm also undertakes litigation representations for reinsurance arrangements, retrocessional treaties, and like arrangements.

Captive Insurance Malpractice

The firm handles matters, both claims and defense, relating to the recovery against advisors for defective captive insurance structures and the losses causes thereby.


Adkisson's Captive Insurance Companies: An Introduction to Captives, Closely-Held Insurance Companies and Risk Retention Groups now available from:

Amazon.com

or

Barnes & Noble

 

Prospective clients seeking to use the firm's services should call our new client coordinator at 949.629.1176 to set up a brief free telephone conference with an attorney of the firm to discuss the prospective client's suitability and the firm's process for assisting its clients once they have engaged the firm.


* Please note that no attorney of the firm has sought board certification by any state as a specialist in any area of practice, and no attorney of the firm claims to be a specialist in any practice area.
 

 

 

© 2008 by Riser Adkisson LLP. All rights reserved. This website may not be reproduced in whole or in any part without the express written permission of Riser Adkisson LLP.  The firm's attorney who is responsible for this website is Jay Adkisson. Issues regarding this website should be directed to Mr. Adkisson by fax to 877.698.0678 or by mail to 100 Bayview Circle, Suite 210, Newport Beach, CA 92660.

Riser Adkisson LLP does not practice in any jurisdiction unless one its attorneys has been admitted to practice there, or an attorney of the firm has been properly admitted pro hac vice according to the local court rules of that state. Nothing in this website should be construed to be any advertisement for legal services directed to a state wherein Riser Adkisson LLP is not admitted to practice. Nothing in this website is any substitute for the services of a licensed attorney in the relevant jurisdiction.  Persons resident in a state where Riser Adkisson LLP does not have an attorney regularly admitted to practice law should consult with their own local licensed attorney about that attorney retaining Riser Adkisson LLP to assist the local attorney with any client matters that such attorney believes our services and advice would be helpful.

The information given in this website does not constitute legal or accounting advice or opinion, and should not be relied upon for any planning purposes. It is provided solely and exclusively for general, non-specific educational purposes, and to advise the reader of the nature of the services offered individually by us. Planning of this nature is necessarily very circumstance-specific and therefore it would be dangerous to apply the very general rules described herein to any singular fact-pattern. Prudence demands that you consult with an experienced professional licensed in your state before attempting any of the planning techniques described herein. Additionally, the information given in this website is not meant to be a substitute for legal representation. You should consult with your local attorney regarding your suitability for the techniques stated herein under your local laws.

Except as may be specifically described in a fully-executed client engagement letter, Riser Adkisson is not your counsel and you will not rely upon Riser Adkisson LLP for any advice, counsel or suggestions as to the proposed or actual tax treatment of any transaction. Likewise, Riser Adkisson LLP does not make any guarantees or assurances in connection with any product, transaction or strategy discussed by Riser Adkisson LLP. Prudence demands that you retain independent professional tax counsel to objectively advise you on any tax consequences of any product, transaction or strategy discussed by Riser Adkisson LLP. Prudence also demands that you retain appropriately qualified and independent tax professionals to advise you of your tax compliance and reporting requirements.