Captive Insurance Company License
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Your business can create a company to insure your risks. You need a license from the New York State Department of Financial Services (DFS).
This license lets a "captive insurer" offer different types of insurance, such as:
- Life insurance
- Annuity insurance
- Health insurance
- Fire insurance
- Property insurance
A captive insurer can be a "pure" insurer, owned by one company, or a "group captive" insurer for many companies.
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Additional Resources
NYS Department of Financial Services
Captive Insurance Coordinator
One State Street
New York
NY
10004
(212) 480-2757
(212) 480-2310