CIC Services, LLC Principal and Founder, Tom King has described Enterprise Risk Management (ERM) with a Captive Insurance Company (CIC) as “THE BEST SELF-INSURANCE MONEY CAN BUY.” Consider the chart below that visually depicts the game-changing

As part of its Captive Insurance Companies Association (CICA) coverage, CAPTIVE INTERNATIONAL recently reported that “An increasing number of captives are using their retained earnings to launch

Risk management is a challenging business.  In the twenty-first century, companies (particularly small and mid-sized ones) face innumerable existential threats.  For instance, cyber risk is a growing and wildly unpredictable threat as evidenced by the havoc wreaked on Equifax, Sony and Target (to name a few) by hackers.  If cyber risk isn’t enough, terrorism and […]

In a recent article published in the January issue of Business Insurance, Phil Karter, JD and Katherine Jordan, JD of Chamberlain Hrdlicka discuss life insurance as an asset class for captive insurance companies.  In the article, Karter and Jordan explain several scenarios that demonstrate a captive investing in life insurance 

By Sean King, JD, CPA, MAcc Principal, CIC Services, LLC On his Forbes.com blog and elsewhere, captive insurance attorney Jay Adkisson often writes condescendingly about the supposedly poor and tax-motivated work of other captive insurance professionals.  Here is but one recent example: https://www.forbes.com/sites/jayadkisson/2018/01/27/beware-the-puerto-rico-captive-insurance-tax-shelter/#3775cad86c60 By attempting to taint them as “tax shelter promoters”, he implicitly positions […]