Business Partners
Articles & Interviews
For sophisticated, international investors, incorporating a Private Placement Deferred Variable Annuity (“PPVA”) contract or Private Placement Variable Life Insurance (“PPLI”) policy as part of a broader wealth plan can generate unique tax and reporting benefits, especially when issued by a Puerto Rico International Insure… Read More
Act No. 399 of September 22, 2004, as amended, known as the Puerto Rico International Insurers and Reinsurers Act, and as now complemented by the relevant tax incentive provisions of Act No. 60 of July 1, 2019, known as the Puerto Rico Incentives Code, has established the main legal framework for the development of Puerto Rico as an International Insurance Center, oriented towards the export of insurance and reinsurance services to international markets… Read More
Financier Worldwide discusses the evolution of captive insurance with Christina Kindstedt, Les Boughner, Liam Fleming, and Simon Kilpatrick… Read More
We’re glad to report that Advantage now ranks as the nation’s 5th largest captive manager by the number of Risk Retention Groups under management. Since the top 4 managers are owned by either brokerage houses or insurance carriers, we are the largest independent captive manager of RRGs. Our ranking has earned us a mention in the most recent Risk Retention Reporter… Read More
A key consideration when forming a new captive is the selection of the most appropriate domicile. The local regulatory authority that issues the licence will have primary oversight of the captive. Each domicile has its own unique laws and regulations… Read More
Recently, the Advantage Insurance Inc. corporate website www.advantagelife.com was copied and adapted by a fictitious insurance company calling itself “Cargo Guardian”. We believe this pirating of the Advantage website is part of a malicious attempt by cyber criminals to obtain financial account and personal identity information… Read More
Liam Fleming, of Advantage International Management, refl ects on business continuity management and its increased attention in light of a tumultuous hurricane season… Read More
For this month’s special feature the Risk Retention Reporter interviewed Michael Corbett, Director of Captive Insurance at the Tennessee Department of Commerce & Insurance… Read More
Advantage Insurance has hired former Willis Towers Watson captive expert Christina Kindstedt to serve in its insurance management division… Read More
Ruben Gely-Ortiz and Leslie Boughner of Advantage Insurance discuss how Puerto Rico presents an unmatched opportunity for those in the captive industry… Read More
Ruben Gely-Ortiz of the Puerto Rico International Insurers Association speaks to Captive Review about Puerto Rico’s ongoing captive insurance development… Read More
The captive insurance industry has been at the behest of a soft market for a considerable amount of time… Read More
OneShield Software entered the Life Market with Advantage Insurance as a partner… Read More
The Insurer, within Puerto Rico’s International Insurance Center, establishes physical presence in the island with intentions of expanding… Read More
La aseguradora bajo el Centro Internacional de Seguros establece presencia física en Puerto Rico con la intención de expandirse… Read More
Advantage Insurance Holdings Ltd. (Advantage), an insurance company, announced the opening of a new Puerto Rico subsidiary, Advantage Life Assurance I.I.(ALAI), which will operate in the International Insurance Center and will not accept premiums from Puerto Rico residents… Read More
Advantage Insurance Holdings Ltd. (Advantage), una empresa de seguros, anunció la apertura de su subsidiaria Advantage Life Assurance I.I. (ALAI) en Puerto Rico, que operará en el Centro Internacional de Seguros… Read More
Les Boughner and Ruben Gely Jr. of Advantage Insurance outline the strengths of Puerto Rico as a captive domicile and the services Advantage offers there… Read More
Many small to mid-sized captives struggle to find quality third party risks to insure. But Advantage Insurance has a solution, which involves an innovative alternative to traditional risk pooling, as the firm’s Simon Kilpatrick explains… Read More
In recognition of National Pro Bono Celebration Week, the NYS Courts Access to Justice Program, along with the New York State Bar Association and the New York County Lawyers Association, will present a pro bono awards ceremony at the New York City Civil Court… Read More
Congratulations Advantage’s founder, Ian Kilpatrick, on receiving the CICA 2015 Distinguished Service Award. CICA (the Captive Insurance Companies Association) chose Mr. Kilpatrick to receive “the highest award possible in the captive insurance industry” in recognition of his significant contributions over a long career in the industry… Read More