Why Delaware

Preeminent Jurisdiction
Delaware has traditionally been the preeminent jurisdiction for business.  Many turn to Delaware for its history as a business friendly domicile, from its sophisticated corporate laws to its well respected and fair judiciary.  In addition, Delaware's government has historically been sensitive and responsive to business needs.  Captive Insurance companies in Delaware will be made to feel right at home by a welcoming Insurance Commissioner.

Experienced and Efficient Service Industry
Captives in Delaware will be well supported by an experienced and efficient service industry.  Due to the unique community of banks, law firms and accounting firms that have provided services to a range of entities in Delaware for years, Delaware will be a jurisdiction which can provide sophisticated services in an attractive and efficient manner. 

Attractive Tax and Fee Structure
Captives in Delaware will also benefit from an attractive tax and fee structure.  The new legislation in Delaware affords a predictable premium tax structure, unmatched in other jurisdictions.

Convenient Location
Adding to Delaware's list of advantages is its location.  Situated 30 miles south of Philadelphia (and a 30 minute car or train ride from Philadelphia International Airport), an hour and a half from Baltimore and two hours from Washington DC or New York, Wilmington, Delaware is easily accessible by car, train or plane.  Many business visitors to the state can arrange for same day travel.  Dover, Delaware, the state's capital, is a short 45 minute drive from Wilmington.

For a more in-depth discussion of the advantages to organizing a captive insurance company in Delaware, please click to read Delaware's New Captive Insurance Legislation.