Access data on Canadian and offshore domiciles, connect with verified service providers, and evaluate self-insurance structures.
Understand the required steps to identify, establish, and manage a captive insurance entity.
In-depth actuarial and strategic analysis to determine if a captive vehicle aligns with your organizational risk profile and financial goals.
Learn More arrow_forwardExpert guidance through the legal and regulatory complexities of establishing your captive, selecting optimal domiciles and structures.
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Learn More arrow_forwardUnderstanding the mechanisms of self-insurance is the first step toward absolute risk sovereignty.
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Submit a Project BriefTo qualify for a corporate tax deduction under the Income Tax Act, the premiums paid by the parent organization must represent a true "transfer of risk" and "distribution of risk" rather than a mere self-insurance reserve. The CRA closely reviews the captive's underwriting independence, capitalization, and whether it insures third-party risks or a sufficient number of separate affiliate entities.
Onshore domiciles like British Columbia and Alberta eliminate the 10% federal excise tax on insurance placed with unlicensed foreign insurers, and they simplify compliance under Canadian corporate law. Offshore domiciles generally offer lower capital entry points, more flexible investment options, and a wider network of specialized management services, but may face Foreign Accrual Property Income (FAPI) tax implications.
If your operating entities require local admitted policies to satisfy commercial contracts, or if the captive is not licensed to write direct business in a specific province, a licensed commercial insurer (the fronting carrier) issues the policy. The fronting carrier then reinsures the risk to your captive, retaining a fronting fee while ensuring compliance with provincial insurance regulations.
Submit your organizational requirements and commercial insurance details. Our resource hub will evaluate your brief to help you identify optimal structures, domiciles, and service providers.