Advantage Insurance Inc., through its subsidiaries, provides specialty insurance contracts and related insurance services to business owners and high-net-worth individuals for their risk management and financial planning needs worldwide. It operates through two segments: life insurance and business insurance. The Life Insurance segment offers private placement life insurance and annuity policies. The Business Insurance segment specializes in the creation of customized risk finance, and risk protection and transfer solutions for small and medium-sized businesses using captive insurers and other alternative risk transfer methods. It also provides customized management services for professional insurance agents and risk managers; captive management solutions; consulting and advisory services to clients; life insurance captives; and risk diversification sourcing solutions. The company was formerly known as Advantage Insurance Holdings Ltd and changed its name to Advantage Insurance Inc. in September 2016. Advantage Insurance Inc. was founded in 1993 and is headquartered in San Juan, Puerto Rico with additional offices in Burlington, Vermont; Grand Cayman, Cayman Islands; and Hamilton, Bermuda.