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Capstone Insurance Management, Ltd. (CIMA), a subsidiary of Houston-based Capstone Associated Services, Ltd., is licensed as an insurance manager by Delaware's Department of Insurance. Already CIMA has placed three captives in the state of Delaware during the first quarter of 2010. (click here for notice)
Capstone now operates an office in Delaware to meet the continuing demands of our clients. Having formed over eighty captives in multiple domiciles over the last 12+ years, we understand the importance of choosing the right domicile, whether in the U.S. or abroad, for our clients. For alternative risk planning to be practical, it must operate in a jurisdiction with an efficient and accessible regulatory environment. High on our criteria in recommending jurisdictions to our clients are licensing regimes that are responsive, efficient and focused on providing cost-effective services to its regulated entities.
Owners of a closely-held business prefer domiciles offering reasonable capitalization requirements, less restrictive on-site meeting and banking requirements, coupled with sensible regulations and insurance expertise in the captive arena. In these respects, Capstone is honored to now offer Delaware as a U.S. domicile option for owners of small and intermediate size captives.
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