Capstone Opens Office in Delaware
U.S. Domicile Caters To Middle Market Businesses
capstone newsletter
April 2010
Capstone now operates an office in Wilmington, DE, where a growing number of middle market captive insurers are now domiciled. Capstone Insurance Management, Ltd. (CIMA), which is wholly-owned by Capstone, is both a licensed captive insurance manager and a licensed company manager. CIMA, in conjunction with The Feldman Law Firm LLP, facilitates captive planning whether done in the U.S. or in territories of the United Kingdom. Already in 2010, CIMA has placed three captives in Delaware.
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.
"Domiciles offer differing services and are not uniform," notes Capstone Vice President, Lance McNeel. "Owners of a closely-held business prefer domiciles offering reasonable capitalization requirements, meeting and banking requirements, coupled with sensible regulations and captive insurance expertise. In these respects, Capstone is honored to now offer Delaware as another domicile option for captive owners."
Capstone also operates an office in the British Overseas Territory of Anguilla, where 300+ captives are domiciled.
Regardless of the domicile, Capstone's work draws upon our affiliated law firm's Houston-based regulatory, insurance and tax lawyers, and Capstone's Houston-based insurance team, which includes or coordinates outside risk managers, insurance accountants, actuaries and other insurance administrators and professionals.
Our providing this comprehensive range of services is what has lead to Capstone being recognized as the most sophisticated, comprehensive, and now the largest provider of turnkey alternative risk planning services devoted to the U.S. middle market.
Very truly yours,
Stewart A. Feldman, CEO
Capstone Associated Services, Ltd
(713) 800-0550
