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Captive Management Firm Profile - Arizona
Captive Management Firm Profile is a legal document that was released by the Arizona Department of Insurance and Financial Institutions - a government authority operating within Arizona.
FAQ
Q: What is a captive management firm?
A: A captive management firm is a company that specializes in the management of captive insurance companies.
Q: What is a captive insurance company?
A: A captive insurance company is a subsidiary company established by a parent company to insure the risks of the parent company and its affiliates.
Q: What services does a captive management firm provide?
A: A captive management firm provides services such as formation and licensing, underwriting and policy administration, risk management, claims management, and regulatory compliance for captive insurance companies.
Q: Why would a company choose to form a captive insurance company?
A: Companies choose to form captive insurance companies to gain more control over their insurance program, improve risk management, access reinsurance markets, and potentially reduce overall insurance costs.
Q: What industries commonly use captive insurance companies?
A: Industries commonly using captive insurance companies include manufacturing, transportation, construction, healthcare, and professional services.
Form Details:
- Released on January 1, 2021;
- The latest edition currently provided by the Arizona Department of Insurance and Financial Institutions;
- Ready to use and print;
- Easy to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a printable version of the form by clicking the link below or browse more documents and templates provided by the Arizona Department of Insurance and Financial Institutions.
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