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Here is another instance: The Cayman Island agent-owned captive insurance coverage firm initially began to put in writing horse mortality insurance coverage, and was capitalized substantially by a financial institution, utilizing the collateral of the company.
Though the capital requirements for beginning agent-owned captive insurance coverage companies, particularly these within the offshore domiciles, are comparatively small, cautious consideration must be paid to the structure of a comprehensive reinsurance program.
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There are very few business brokers working in the marketplace, relative to Realtors, and these professionals normally sell companies like wholesalers, distribution businesses, manufacturing, service primarily based businesses, and so forth. The forms of clients they often have interaction with usually require a stage of expertise that comes from working within the industry in addition to some financial or accounting exposure.