San Juan · Puerto Rico

Captive Insurance in Puerto Rico

Form and manage a captive insurer in Puerto Rico's International Insurance Center — a U.S.-aligned, capital-efficient jurisdiction. IICG guides you from licensing through day-to-day operations.

A captive insurance company is an insurer formed to underwrite the risks of its owner or an affiliated group, rather than buying coverage entirely from the commercial market. A well-structured captive can improve risk financing, stabilize costs, access reinsurance directly, and create underwriting profit that stays within the group.

Puerto Rico has become a leading domicile for captives through its International Insurance Center — combining a modern regulatory framework under U.S. jurisdiction with attractive treatment for qualified international insurers.

Why form a captive in Puerto Rico

How IICG helps

IICG is an independently owned consulting and management firm based in San Juan. We handle the full lifecycle of a Puerto Rico captive:

Frequently asked questions

What is a captive insurance company in Puerto Rico?

An insurer formed to underwrite the risks of its owner or affiliated group, licensed through Puerto Rico's International Insurance Center as a stand-alone insurer or a protected cell.

How long does it take to form a captive?

It depends on structure and line of business. Protected cells can be turn-key; stand-alone insurers require a full certificate of authority application. IICG manages the entire process.

Does IICG manage the captive afterward?

Yes — bookkeeping, policy issuance, AML/KYC compliance, principal representation, and resident office operations.

Considering a captive in Puerto Rico?

Talk to IICG

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