A PORC Captive (Privately Owned Reinsurance Corporation) is for a business owner with topline revenues of $2.5mm+ and carries risk exposure within their business that might not be covered by traditional insurance. The business owner may need a large tax deduction but is tired of spending money purchasing items which would ordinally lead to a deduction because they may need access to that cash. A PORC structure will give the owner access to 85% of the remitted premium funds within 30 days. 99% of existing Captives are of the Group Captive flavor. A PORC structure is preferred by the IRS and tends to be less ‘scrutinized than other models.