A PORC Captive (Privately Owned Reinsurance Corporation) may be suitable for business owners with topline revenues of $2.5mm+ with exposure to risks that commercial or traditional insurance may not cover or may only offer limited coverage. A PORC structure is designed to permit the owner access to up to 85% of the remitted premium within 30 days to pay claims and to prudently manage. Just as with traditional insurance, premiums you pay to your PORC are tax deductible. Contact us for additional details on whether a PORC might be suitable for your business.
About Enterprise Risk Management
