Advantage Insurance , through its operating subsidiaries, specializes in providing customized insurance services to high-net-worth individuals and business owners to serve their risk management and financial planning needs. Headquartered in Puerto Rico with office locations in the United States and Cayman Islands, Advantage has two primary lines of business: Life Insurance and Business Insurance. Advantage’s Life Insurance division issues private placement life insurance policies and annuities, and its Business Insurance division provides captive insurance management services.In addition, Advantage underwrites certain property and casualty insurance risks for its own account and on behalf of its captive insurance clients.