We are an innovative insurance company providing customised captive solutions to law firms, funders and other businesses. Our team of experts have decades of experience in the industry and are committed to delivering exceptional service to our clients.
We understand that every business has unique needs, which is why we offer tailored solutions to meet your specific requirements. Our captive insurance program is designed to help your business gain greater control over its insurance costs and risk management, while also providing the opportunity for additional revenue streams.
We specialise in providing After the Event (ATE) insurance solutions for civil and commercial litigation, ensuring that your clients are protected and your business is safeguarded against any unexpected costs. We can also work with disbursement funding companies who are looking to help ease the financial burden of litigation for your clients.
At Wilkes, we pride ourselves on our ability to offer an "A" rated reinsurance option, which allows our clients to transfer risk and protect their captive insurance program. With our reinsurance option, you can have peace of mind knowing that your business is always capitalised and in a profitable position.
Our team is dedicated to providing exceptional service and support to our clients. We are committed to building strong relationships and delivering the highest level of customer satisfaction.
Contact us today to learn more about how Wilkes Captive Solutions can help your business achieve greater control over its insurance costs and risk management.
1. Cost savings: A captive allows a business to self-insure, which can lead to cost savings by way of lower premiums and avoiding the need to pay premiums to a traditional insurance company.
2. Risk management: A captive allows a business to better manage its risk by tailoring coverage to its specific needs.
3. Tax benefits: A captive can provide tax benefits, these will differ for each solution. It is always advisable to seek the correct Tax advice and Wilkes does not offer Tax advice.
4. Profit: If the Captive has a profitable year, the profits may be returned to the parent company as dividends or used to fund growth.
5. Control: Captive insurance companies are owned and controlled by their parent company, giving the parent company more control over its insurance program.
6. Coverage: A captive can provide coverage for risks that traditional insurers are unwilling or unable to cover
It's important to note that working with a Captive Insurance company can be complex and may require significant resources to set up. It's recommended that a business should consult with a professional advisor before embarking on this strategy. We can help.
LOCATION
Wilkes Insurance, Ltd.
Segregated Portfolio Company
Building 3,
Lime Tree Bay
Grand Cayman,
KY1-1108
Cayman Islands
Wilkes Insurance Ltd. Segregated Portfolio Company is regulated by Cayman Islands Monetary Authority (CIMA)
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