Are you sure you have done everything possible to reduce risk, lower insurance premiums and avoid unnecessary taxes?
Businesses and professional practices work with Jade Risk to access and implement: Lower cost institutional alternatives to retail insurance and financial products Ways to reduce the costs of life, health, disability, professional liability, workers compensation and commercial liability insurance Wholly owned captive insurance companies, insurance risk pools and risk retention groups Structures that protect wealth from lawsuits and improve after-tax profitability Tax-efficient exit strategies and family business succession plans
One client’s planning helps illustrate our capabilities. The owner of a high-liability business with multiple locations, 100 employees, and $15 million of annual revenues was looking for more creative planning. Solution highlights: Saved more than $500,000 in annual property and casualty insurance premiums and income taxes after implementing a captive insurance company. Recruited and retained two highly profitable key employees after establishing a more appealing deferred compensation plan. Avoided $500,000 in unnecessary commissions and administrative fees and preserved investment gains by using a private placement life insurance policy. Invested with an international private equity firm as a hedge against US economic risk. Protected a $10,000,000 family business from unnecessary gift and estate tax by gifting the expiring $10,000,000 exemption into a family trust that only pays gainfully-employed children and grandchildren.