The CIC Services Difference
- Comprehensive Business Risk Assessment
- Strategic Risk Management Plan
- Superior Structuring within a Captive
- Superior Asset Management Strategies
- Superior Exit Strategies
Discover the financial advantages of…
OWNING YOUR OWN INSURANCE COMPANY.
The Principals of CIC Services, LLC Have Over a Century of Experience in the Insurance Industry.
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Weekly, clear-headed commentary on the captive industry.
We received very exciting news from the Tennessee Captive Insurance Association (TCIA) this week. As you are aware, CIC Services, LLC is a member of the TCIA and manages many captive insurance companies domiciled in Tennessee. In the past, I have noted that Tennessee is pro—business and pro small business, making it a great home […] Continue reading
By: Sean King, JD, CPA, MAcc Principal & In-House Counsel, CIC Services, LLC As I have noted in prior articles, “rules of thumb” offered up offhand by the IRS and certain others for distinguishing a “sham” captive transaction from a legitimate one are often too broad to be helpful. With that in mind, I have […] Continue reading
By: Sean King, JD, CPA, MAcc Principal & In-House Counsel, CIC Services, LLC Question: If a business owner lacks “sophistication” regarding insurance and relies on a captive manager to operate a captive insurance company, is this evidence of a sham? Welcome to part 6 of my series, addressing naïve and misguided criticisms of small captive […] Continue reading