CIC Services, LLC Principal and Founder, Tom King has described Enterprise Risk Management (ERM) with a Captive Insurance Company (CIC) as “THE BEST SELF-INSURANCE MONEY CAN BUY.”
Consider the chart below that visually depicts the game-changing
As part of its Captive Insurance Companies Association (CICA) coverage, CAPTIVE INTERNATIONAL recently reported that “An increasing number of captives are using their retained earnings to launch
Risk management is a challenging business. In the twenty-first century, companies (particularly small and mid-sized ones) face innumerable existential threats. For instance, cyber risk is a growing and wildly unpredictable threat as evidenced by the havoc wreaked on Equifax, Sony and Target (to name a few) by hackers. If cyber risk isn’t enough, terrorism and natural perils also pose significant threats to businesses and their operations (How long could your business last without power?). Environmental disasters are more and more common
In a recent article published in the January issue of Business Insurance, Phil Karter, JD and Katherine Jordan, JD of Chamberlain Hrdlicka discuss life insurance as an asset class for captive insurance companies. In the article, Karter and Jordan explain several scenarios that demonstrate a captive investing in life insurance