Captive Insurance Adelaide

Captive Insurance is the creation of ­your own insurance company in place of an external insurer who usually dictates the type of cover and premiums you want to acquire. With full control over your ‘captive’, your business can be offered better stability in a market often uprooted by natural disasters, pandemics, inflation and other global events.

As award-winning, AFS licensed business insurance brokers, Crucial Insurance can help you develop effective Captive Insurance strategies for a variety of Adelaide-based businesses. Call us on 1300 400 707 for more information, or contact us and get a quote now.



We are award-winning Captive Insurance specialists

business insurance broker stephen ball award
business insurance broker-niba award
2020 top insurance broker medal given by Advisr
QLD 2020 top insurance broker medal
2020 top insurance broker rated by customers award medal

Captive Insurance, Adelaide: what is it?

Captive Insurance is a type of cover that allows you more control over your insurance policies. By creating your own insurance company, also known as a ‘captive’, you’ll be offered stability in a market constantly changed by natural disasters, pandemics, inflation and other global events.

captive insurance

Benefits of Captive Insurance

Captive Insurance can offer your Adelaide business a multitude of financial benefits, including:

  • The ability to insure against risks that may not be obtainable through traditional means
  • More control over insurance allocations

Stronger command over policy terms and conditions

Better cash flow control

Revenue generation through underwriting profits

Tax benefits: reserve funds held by this insurance company can potentially be tax deductible

Cost benefits: the potential for lower premium payments

This is not an extensive list. Please contact us to see if Captive Insurance is right for your Adelaide business.

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How does Captive Insurance work?

When you rely on traditional insurance options, your insurer has complete authority over the type of coverage you receive, how much you need to pay, and whether your claims are valid or not.

Captive Insurance, on the other hand, lets you create your own insurance company, or 'captive,' which gives you more authority over the risks you insure. Captive entities are valid entities that are used by various organizations, such as private, publicly listed, and non-profit organisations, both in Australia and around the world.

It is important to note that Captive Insurance should not be considered a complete solution to risk management. Businesses must have the resources available to set up an insurance company to provide cover for potential losses.

Additionally, Captive Insurance has a high barrier to entry, and it is generally recommended for companies with exemplary loss histories (and continued lower loss expectations) that have a premium size of at least $1 million.

Is Captive Insurance right for your Adelaide business?

captive insurance broker

Crucial Insurance recommends Captive Insurance for companies with exemplary loss histories (and continued lower loss expectations) that have a premium size of at least $1 million as this type of cover has a high barrier to entry. Your captive may also be expected to engage with various experienced professionals, such as insurance brokers (like us), attorneys, administrators, accountants and tax advisors.

captive insurance consultant

We recommend that before pursuing a Captive Insurance approach for your Adelaide business, you should consult with an experienced Crucial insurance broker who can advise whether this cover is suitable for your business. As an Australian Financial Services Licence holder since 2014, Crucial Insurance brokers are guaranteed to provide you with a high level of skill and an exceptional quality of service.

adelaide captive insurance copy

Captive Insurance: Adelaide Snapshot

The cosmopolitan capital of South Australia, Adelaide is renowned for its rich art and culture scene, and unique historical background. Established in 1836, the sprawling city was the only capital planned for free British settlers, though is now home to an array of cultures and faiths. It is also host to Australia’s largest display of Indigenous artefacts at the South Australia museum, with a collection of more than 38 000 artworks.

In 2020, the city's Gross Regional Product (GRP) was estimated to be around $40 billion AUD, which represents a growth rate of 1.7% from the previous year. The largest contributors to Adelaide's economy during this time were the health care and social assistance sectors, accounting for around 12% of the city's GRP, and followed by manufacturing, which accounted for around 10%. Other important industries in Adelaide include education and training, professional and technical services, and construction.

Why businesses clients choose Crucial Insurance and Risk Advisors

two men discussing business insurance in Brisbane

Crucial Insurance brokers are specialists you can trust. With a strong reputation in the industry and multiple awards recognising our dedication and efficiency, you can rely on us to find the best cover for your Adelaide business.

Our proven approach to business insurance brokerage has helped business owners and senior executives develop clear and effective insurance and risk management strategies. Elevate your Adelaide business and speak to an experienced Crucial Insurance broker today.

Transparent advisory: our number one priority is adding value to your business and placing your needs first

Extensive experience in solving insurance challenges: from small businesses to publicly listed companies, we have and will negotiate with insurers on your behalf

We have the connections: we help companies find hard-to-place insurance options through our national and international insurer networks

We have the drive: we are about helping clients reduce their premiums while still accessing the right forms of cover for their needs


Read more Crucial Insights about Captive Insurance.

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Looking for Adelaide Captive Insurance? Speak to an award-winning Captive Insurance specialist today.