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Captivating Thinking
Knowledge is power. That’s why we’re always looking to educate business owners on the best practice when it comes to Captive Management. But we also want to give you the resources you need to guide you through the risk management process. In the CIC Services Knowledge Center, you can:
- Read about CIC in the news
- Learn about industry standards
- Stay up-to-date on upcoming events
Explore these resources and equip yourself for the future!
Stop Hating Insurance By Turning Sunk Costs Into Sunk Profits
A “sunk cost” is typically defined as money that once spent is never recovered. If you paint your house and decide you hate the color, you can paint over it with a color you like. Nevertheless, the cost for the old paint was a “sunk cost.” In many ways, commercial insurance is a “sunk cost.” […]
Insurance Is A Parachute But Captive Insurance Is THE RIGHT Parachute
Insurance is like a parachute. If it’s not there when you need it, you probably won’t ever need it again. This is particularly true for many small and mid-market businesses. Unlike large corporations that can usually weather disaster, small and mid-market companies are often one disaster away from extinction.
CIC Services Applauds CICA’s Recent Guidance On Risk Pools & Accepted Industry Practices
The Captive Insurance Companies Association (CICA) recently released Commercial Insurance and Captive Insurance Industry: Commonly Accepted Practices. CICA is the world’s largest domicile-neutral captive insurance association. This guidance from CICA for captive managers and service providers focuses largely on risk pools
Grow Profit By Vertically Integrating Insurance Into Your Business
As a business grows and matures, its owners may look for additional means to grow revenue, boost profits and accumulate wealth. Vertical integration is a common approach and includes forming or acquiring a second business that serves the core business. Vertical integration works because the supplier or service provider is already making a profit serving […]
CIC Services Applauds SIIA’s Code Of Conduct For Captive Managers
The Self Insurance Institute of America (SIIA) recently released a Code Of Conduct For Captive Managers. CIC Services has not been shy about its praises
Captivating Thinking
Knowledge is power. That’s why we’re always looking to educate business owners on the best practice when it comes to Captive Management. But we also want to give you the resources you need to guide you through the risk management process. In the CIC Services Knowledge Center, you can:
- Read about CIC in the news
- Learn about industry standards
- Stay up-to-date on upcoming events
Explore these resources and equip yourself for the future!
Stop Hating Insurance By Turning Sunk Costs Into Sunk Profits
A “sunk cost” is typically defined as money that once spent is never recovered. If you paint your house and decide you hate the color, you can paint over it with a color you like. Nevertheless, the cost for the old paint was a “sunk cost.” In many ways, commercial insurance is a “sunk cost.” […]
Insurance Is A Parachute But Captive Insurance Is THE RIGHT Parachute
Insurance is like a parachute. If it’s not there when you need it, you probably won’t ever need it again. This is particularly true for many small and mid-market businesses. Unlike large corporations that can usually weather disaster, small and mid-market companies are often one disaster away from extinction.
CIC Services Applauds CICA’s Recent Guidance On Risk Pools & Accepted Industry Practices
The Captive Insurance Companies Association (CICA) recently released Commercial Insurance and Captive Insurance Industry: Commonly Accepted Practices. CICA is the world’s largest domicile-neutral captive insurance association. This guidance from CICA for captive managers and service providers focuses largely on risk pools
Grow Profit By Vertically Integrating Insurance Into Your Business
As a business grows and matures, its owners may look for additional means to grow revenue, boost profits and accumulate wealth. Vertical integration is a common approach and includes forming or acquiring a second business that serves the core business. Vertical integration works because the supplier or service provider is already making a profit serving […]
CIC Services Applauds SIIA’s Code Of Conduct For Captive Managers
The Self Insurance Institute of America (SIIA) recently released a Code Of Conduct For Captive Managers. CIC Services has not been shy about its praises
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