September 2020

September 21 2020

Webinar: 60 Day Countdown & Ideal Business Candidates For A Captive Insurance Company

On Wednesday, September 30, CIC Services will host a webinar titled, “60 Day Countdown & Ideal Business Candidates For A Captive Insurance Company.”

This webinar will discuss the significance of the countdown for small and middle-market business owners and their trusted advisors, including P&C Insurance Agents, Risk Managers, CPAs, and Financial Advisors. This webinar will also discuss the characteristics of businesses and business owners that make for an ideal captive insurance company candidate.

Lastly, this webinar will explain why successful business owners should not enter 2021 without a captive insurance program!

View Recording:

September 18 2020

The IRS vs Captives

Captive Review recently published an article discussing the IRS and the captive insurance industry titled: The IRS vs Captives

September 18 2020

Cyber Risk – Captive Insurance Times

After a surge of online criminal activity during the COVID-19 pandemic, industry participants suggest why a captive can play a significant role in assisting with cyber risks.

Randy Sadler, principal of CIC Services, suggests that having a captive can play “a significant role” in assisting with cyber risks.One of the biggest problems with commercial cyber policies, according to Sadler, is that they are not written broadly enough and contain too many exclusions, effectively rendering the business uninsured when the unexpected happens.

“Cyber is an insidious and rapidly

evolving risk, and captives can write broad policies

to address both known and even unknown

threats. And, captive cyber policies can be

drafted with fewer exclusions, so they can provide

far more robust coverage.”

Read the full article in Captive Insurance Times here on pg. 25.

September 17 2020

More Insurance and More Money: The Path to a Stronger Business Model

CPA Practice Advisor recently published an article written by CIC Services’s own, Randy Sadler, on how a captive insurance program provides a strong business model during a tumultuous year.

Webinar: 60 Day Countdown & Ideal Business Candidates For A Captive Insurance Company

The IRS vs Captives

Cyber Risk – Captive Insurance Times

More Insurance and More Money: The Path to a Stronger Business Model

Stronger Business Model

Improved Cost Controls

Wealth Accumulation

Advantageous Tax Treatment

Insurance Profits

Improved Risk Management

Asset Protection