The 2020 Election & The Outlook For Captive Insurance In 2021 And Beyond
We are sure you’ll agree that 2020 has been a year like no other in recent memory. And, it has also been a year with a significant impact on small and middle-market businesses. Many businesses have been upended, and insurance markets have hardened sending premiums costs soaring. As we have discussed in prior webinars, captive insurance companies have helped many small and mid-market businesses survive during the recent pandemic and civil unrest. Captives are the only vehicle that can provide both more insurance and more money to the businesses and business owners that rely on them.
As if it wasn’t enough already, 2020 will also culminate in a national election that will impact the direction of most businesses, risk management, and insurance through at least 2024. What should businesses and the captive insurance industry expect in the next four years and what steps should small and middle-market business owners take in the next 3 to 6 months?
In this webinar, Sean King, JD, CPA, and Randy Sadler of CIC Services 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 for small and middle-market companies in uncertain times. They will also discuss the potential impact of the election on the captive industry.
Watch the recording: