Captive Insurance Brisbane

As a Brisbane-based business, it is important that you invest in the best insurance options available. As award-winning, AFS licensed specialists, we at Crucial Insurance and Risk Advisors are well equipped in helping you find the right strategies for your company. If you would like to know more about Captive Insurance, call us on 1300 400 707, contact us or get a quote now.



We are award-winning Brisbane 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, Brisbane: 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 several financial benefits to Brisbane businesses, including:

Stronger command over policy terms and conditions

Cost benefits: the potential for lower premium payments

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

A strategy used for better cash flow control

More control over insurance allocations

Insure against risks that may not be as obtainable through traditional means

Revenue generation through underwriting profits

This is not an extensive list. Please contact us to see if Captive Insurance is right for your Brisbane 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 Brisbane-based business?

captive insurance broker

While Captive Insurance can be beneficial in managing risks, it is not meant to be a standalone solution and is often used alongside traditional insurance options. However, the initial investment required to establish a captive insurance company is high, making it a tool that is best suited for companies with a good track record of low losses and a premium size of at least $1 million.

captive insurance consultant

For a company to implement a Captive Insurance approach, it needs the means to create an insurance company that can provide coverage for possible losses and cooperate with experienced experts like lawyers, accountants, and tax consultants. To gain more authority over insurance expenses and limitations, Protective Cell Companies (PCC) can be an economical method of transferring risk.

Contact us before pursuing a Captive Insurance strategy to fully understand its advantages and disadvantages.


brisbane captive insurance specialist

Captive Insurance: Brisbane Snapshot

Brisbane is the capital city of sunny Queensland and is the third-largest city in Australia. With a diversified economy, the city is host to an array of major companies encompassing financial services, health care, education, construction, and tourism industries. Several large organisations within these industries call Brisbane their home, including well-known finance corporation Suncorp, Virgin Australia, and Flight Centre. Through 2020-21, Brisbane's Gross Regional Product (GRP) was reported to be around AUD 181 billion.

The city has well-developed infrastructure, including a modern international airport, a deep-water port, and a network of highways and reliable public transport systems. Brisbane has also invested heavily in renewable energy, with plans to become carbon-neutral by 2050.

Additionally, the city is known for its historic buildings like City Hall, and famous landmarks such as the twisting Brisbane River, known as ‘Maiwar’ in Turrbal. Additionally, Brisbane is home to several universities, including the University of Queensland, Queensland University of Technology and Griffith University.

Why Brisbane clients choose Crucial Insurance and Risk Advisors

two men discussing business insurance in Brisbane

As lauded Captive Insurance specialists, our efforts have won us multiple awards, including the NIBA Broker of the Year Award, and the Queensland Stephen Ball Memorial Award.

We attribute these successes to the Crucial Insurance mentality—seeing every client’s business as our own and priding ourselves in our proactive approach to customer support.

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 Captive Insurance in Brisbane? Speak to an award-winning Captive Insurance specialist today.