For all but the largest clients, we will recommend, should we deem the captive route appropriate in the first instance, that initial risk-bearing be in the form of a rent-a-captive, as opposed to a stand-alone captive. Reasons include ease and speed of incorporation, price competitiveness, and simplicity of compliance, administration and management. Occasionally, there may be taxation benefits to be had in a rent-a-captive structure which may not be present in a wholly-owned, stand-alone captive. (example)
