Once the feasibility and structuring work is complete, the next crucial step in the lifecycle of a captive is securing a license from the chosen domicile's insurance regulator.
This process involves submitting a comprehensive application package, including the business plan, financial projections, governance structure, and supporting documentation. Regulators review the captive's financial soundness, risk profile, and management team to ensure it meets all legal and solvency requirements.
At VNAS, we manage the licensing process from start to finish. We prepare and coordinate all necessary filings, liaise directly with legal counsel, actuaries, and represent your interests with the regulator every step of the way.
We maintain strong, longstanding relationships with regulators across the U.S. and in all domiciles where we operate. These trusted connections allow us to navigate the process efficiently and with transparency, ensuring your captive is licensed and ready to launch with confidence.
Licensing is more than a regulatory milestone; it marks the official beginning of your captive as a fully licensed insurance company.