A Rent-a-Captive program is similar to a Captive Insurance Company, but instead of following the process of incorporation/licensing your own company, you can “rent” a Captive from an already established “Master Captive”.
“Rent” or “own”?
Challenge Group owns a special structure “Master Captive,” which allows us to create captive companies (Subsidiary Rent-a-Captive/Cell) within a short period. The cells carry on their activity with separate licenses, assets and bank accounts, using the working capital and administrative resource of the Master Captive at the same time.
Challenge Group is an established professional captive manager which will take care of all administrative issues related to your rented captive and, should you require, reinsurance cover, claims settlement and fronting facilities.
Please contact our experts for further detailed discussions of the many benefits of a Rent-a-Captive program so we can design it to meet your exact business requirements.
A RENT-A-CAPTIVE PROGRAM PROVIDES ALL THE ADVANTAGES OF A CAPTIVE, WHILST SIMULATANEOULSY ALLOWING YOU TO:
reduce the term of licensing to two weeks
make maximal use of our long-term experience and professional support in all aspects of captive management
benefit from Malaysian advantages for successful investment activities
liquidate captive/cell quickly and easily should there be no further need for it
avoid payment of authorized capital