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
2020 has turned the world on its head and sent legions of employees home to do their work remotely. And, this sudden shift has created opportunities for cybercriminals to prey on unsuspecting workers and newfound cyber vulnerabilities.
A Cohort Of Support: Numerous State Captive Insurance Associations Show Support For CIC Services’ Suit Against The IRS
These distinguished organizations are all signatories on the latest Amicus Brief to the U.S. Supreme Court in support of CIC Services’ lawsuit against the IRS.
Discover how you can protect your business against cybersecurity threats associated with working remotely with a captive insurance program in a recent article published in CPA Practice Advisor by CICS’s own Randy Sadler.