When evaluating risks, companies often focus on tangible assets and internal fraud, overlooking the potential impact of intangible assets. Intellectual property (IP) is a prime example of such intangible assets, comprising copyrights, trademarks, patents, trade secrets, and proprietary knowledge. For companies heavily reliant on IP, preserving intellectual property becomes as crucial as protecting cash flows […]

When unexpected crises strike, businesses must be ready to handle the fallout and ensure smooth operations. While most companies are familiar with traditional insurance coverage, many are unaware of the advantages offered by captive insurance. In this article, we will explore the concept of captive insurance planning and provide five hypothetical examples to illustrate how […]

Many middle-market businesses are turning to captive insurance in today’s challenging risk management and economic climate. A captive is really just a choice to own your own insurance company. Owning your own insurance company may sound daunting, but it’s really not. Businesses have been setting up and owning their own insurance companies since the 1950s, […]

Captive insurance is gaining popularity as a valuable risk management tool for businesses of all sizes. It offers numerous benefits and can be particularly advantageous for small and mid-size businesses. Unlike traditional insurance, captive insurance allows businesses to capture profits from low-risk exposures and cover uninsured or underinsured losses. In the past, forming a captive […]