To learn more about captives, browse this industry leading site. Also read"Navigating Captive Insurance Companies - Storm Proof Your Risk Vessel," released July 2013, and it's supplement, "831(b) Captives - Design and Tax Planning Guidance," released in 2014. These inexpensive books explain in detail the use of captives for closely held businesses of all sizes, associated costs, and the steps to design, form and operate them in compliance with industry best practice standards.