PrimeFortress Management L.L.C. is the tailored alternative to traditional insurance. PrimeFortress Management L.L.C.can help you design a unique insurance program that fits your objectives.

We provide formation and advisory services to captive insurance companies, which appeal to business owners who want to gain more control over insurance costs. Insurance coverages can be tailored to meet your specific needs. 

We have the insurance expertise to help guide our clients (who may not have an insurance background) with operating captive insurance companies to help build a fund for the future protection of their net worth.

A captive insurance company is a private insurance company that has been established to insure some of the risks of a single-parent company or a group of related businesses.

Insurance is the biggest concern of small business owners. Taxes are the second highest concern. Operating a captive insurance company may help business owners lower insurance costs and reduce taxes.

A captive insurance company can be advantageous for businesses that have experienced low insurance claims in relationship to others within the same industry. A captive can also help business owners control costs by allowing the owner to customize the types and amounts of risk that are assumed.

A captive insurance company is operated to generate a profit. Premiums charged by commercial insurance providers are made up of three components. The actual cost of covering losses; company overhead and company profit. If a captive insurance company charges arms length premium amounts and there is less overhead and no agent commissions involved in operating the business, it should be easier for the captive to generate a profit for its owner.

PrimeFortress Management, L.L.C. R. Thomas Savage, Jr., Managing MemberEmail: tomsavage@primefortress.com