Randy Sadler, Principal at CIC Services, says in an article for Captive Insurance Times that while Environmental, Social, and Governance (ESG) investing can demonstrate a company’s commitment to making a positive impact, it is essential for businesses to understand and address associated risks using Captive Insurance.
The Insurance News Net article “How captive insurance can save high net worth clients’ hard-earned money” by Randy Sadler of CIC Services explores the benefits of using captive insurance for high net worth individuals. Sadler argues that captive insurance can help protect their assets and save them money in the long run by offering tailored insurance coverage and reinvesting insurance costs.
The recent article published by Insurance NewsNet, “How Captive Insurance Can Save High Net Worth Clients Hard Earned Money,” by Randy Sadler, Principal Chief Marketing Officer at CIC Services, highlights how traditional insurance policies may not adequately cover the unique risks faced by high net worth individuals, such as loss of contracts or reputation damage. The lengthy process of establishing traditional insurance policies and the rising premiums contribute to gaps in coverage and increased financial risks. Captive insurance offers a solution by allowing these clients to retain premiums and tailor policies to their specific risk profiles, supplementing traditional coverage and providing stable rates over time.
In the article “Cyber 101: Protecting Your Business From Cyber Threats with Captive Insurance,” published in the Connecticut Bankers Association Quarterly, CIC Services’ Christopher Gallo, Managing Director, and Dick Boccaccio, Insurance Consultant, discuss the dangers of cyber threats to businesses and the importance of having proper protection in place. The authors provide details about the escalating risk of cyber attacks. They then explain how captive insurance can provide comprehensive coverage and mitigate the financial impact of a cyber breach.