2020 Lessons Learned: Captive Insurance And What The Future Likely Holds For Middle-Market Companies
On Wednesday, February 24, CIC Services hosted a webinar titled, “2020 Lessons Learned: Captive Insurance And What The Future Likely Holds For Middle-Market Companies.”
This webinar, CICS’s own Randy Sadler and Chris Gallo discussed the important lessons 2020 taught business owners, as well as how to take this new-found knowledge to help better prepare for the future, including:
- Catastrophic Events Can And Will Happen
- Business Continuity (aka Interruption) Plans Are Critical
- Insurance Policy Language Is Extremely Important
- Business Interruption Insurance Often Isn’t Enough
- Having Access To Sustainable Cash Flow And Liquidity Is Crucial
- Captive Insurance Could Have Prevented Many Business Closures
Watch the recording: