Strategic Planning for Business Owners · 2026-04-09 · 16 min
Most business owners think of insurance as a necessary expense - premiums paid year after year with little thought beyond basic protection. But what if insurance could become a powerful strategic asset for your business and your personal wealth? In this episode of Strategic Planning for Business Owners, host Steven Young explores one of the most sophisticated - and least understood - strategies available to privately held companies: captive insurance companies. Captives have been used by large corporations for decades to manage risk, control insurance costs, and retain underwriting profits. Today, this strategy is increasingly available to successful middle-market business owners. When structured properly, captive insurance companies can allow businesses to insure specialized risks, accumulate substantial financial reserves, and potentially benefit from significant tax efficiency. If you are a business owner, entrepreneur, or advisor who works with privately held companies, this episode will introduce you to a strategic planning tool that has the potential to transform insurance from a recurring expense into a long-term financial asset.
Captive Insurance Companies - Part 2: How to Set One Up and Run It47 / 100Long Term Care PlanningEstate Strategies for Business Owners - Securing Your Business LegacyCash Balance Plans: A Powerful Wealth-Building Tool for Business OwnersRetirement Planning for Business Owners