CIC Services, a Knoxville-based risk management consulting firm and a leader in the captive insurance industry is pleased to announce that Christopher Gallo, CFE, has joined CIC Services as managing director.
If the turmoil of 2020 has shown businesses anything, it’s that they should have been better protected and most businesses could have benefited from more insurance and more money. The pandemic and riots have forced thousands of businesses into bankruptcy with many more still on the ropes. It’s impossible to predict what the next crisis will be, or when it will strike.
An increasing number of tech companies are replacing or supplementing commercial insurance with captive insurance, according to Randy Sadler, principal at CIC Services.