Mid-Sized Businesses Rethink Insurance and Risk

September 13, 2016 | Sponsored

Managing Risk and Building Wealth With a Self-Directed Insurance Subsidiary

U.S. insurance costs are skyrocketing. Business risks are multiplying. As a result, mid-sized businesses need to find alternatives to traditional commercial insurance. A new report from the Business Performance Innovation (BPI) Network finds that an increasing number of companies are forming their own purpose-built insurance subsidiaries to reduce insurance costs, expand coverage, and generate a new source of capital and wealth.

This white paper serves as an introduction to the concept of purpose-built captive insurance subsidiaries in which businesses form their own insurance companies, customize their policies to fit their individual needs, and retain and invest the premiums not used to cover losses to build significant wealth over time. Understanding this proven approach to risk management is something every business owner or manager should do.

Spotlight

Standard Life Aberdeen

Standard Life Aberdeen plc is a leading global investment company. We have operations in 50 locations worldwide and employ around 9,000 people. We are dedicated to helping our clients and customers invest for their future. Our expertise and resource enables us to offer a wide range of investment solutions and services designed to meet their needs today, tomorrow and for the longer term. We manage, administer and advise on £670 billion* of assets worldwide. We are driven to be world class in everything we do, whether looking after our clients’ investments, offering our employees a rewarding career path or making sure we take our responsibility as shareholders seriously. This commitment and focus has allowed us to become a trusted global partner to individual and institutional investors.

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