The CIC Services Difference
CIC Services is a captive manager and strategist. Since 2005, we’ve been helping small & mid-sized business owners turn their risk into wealth by owning their own insurance company. Scroll down to learn more about our comprehensive Enterprise Risk Management approach.
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Small and mid-market businesses are fragile.
Unlike their Fortune 1,000 brethren, they:
• Lack access to credit and capital markets
• Are geographically concentrated
• Have concentrated revenue streams
Which contributes to the fact that:
40% of small businesses affected by natural or human-caused disaster never reopen their doors.*
1/2 of those that do reopen don’t survive past the second year post disaster.*
*Source: Small Business Administration
*According to statistics provided by the Small Business Administration, March 2015.
Forming and operating a Captive is a complex undertaking. Captives are highly regulated, sophisticated businesses that demand the greatest level of competency from their chosen service providers.
Before undertaking this endeavor, be sure you:
- Choose the best team of professionals,
- Choose an appropriate domicile for your captive, and
- Understand what’s fully involved with forming and operating your captive.
The Good News: CIC Services makes owning and operating your captive simple and turn-key.
Our weekly, clear-headed commentary on the captive industry
On Wednesday, November 4, CIC Services will host a webinar titled, “The 2020 Election & The Outlook For Captive Insurance In 2021 And Beyond.” This webinar will discuss the outcome of the 2020 election and how businesses should prepare for the next 4 years. Sean and Randy will also discuss captive insurance as a strategy […]
Captive Insurance Times recently ran a story based on CIC Services’ expert advice on how companies in the construction industry can help protect their businesses from disruption and potential bankruptcy by electing for a captive insurance program.
Every year, millions of Americans, hundreds of thousands of business owners, states, counties and municipalities make decisions based on what Congress wants them to do.