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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!
How Would War Impact Your Business? – Most Businesses Are Underinsured – Part 2
Crisis Group recently reported that “The world is entering its most dangerous chapter in decades,” and, “The sharp uptick in war over recent years is outstripping our ability to cope with the consequences.” In a recent report titled “10 Conflicts to watch in 2017” Crisis Group’s CEO, Jean-Marie Guehenno, wrote about
Uncertainty Abounds – Most Businesses Are Underinsured
2017 is off to a fast start, and one thing is certain. Businesses face increasing uncertainty today’s interconnected global economy. Recent headlines have been dominated by immigration, border walls, political instability, terrorism, data breaches, cyber crimes and employment lawsuits. Unfortunately, most small and medium size businesses are underinsured. Today, businesses face far greater risks than […]
Holy Expanding Captive Insurance Domiciles Batman
That’s right Robin, it appears domestic captive insurance domiciles grew in 2016. Batman, did you see that Tennessee added 37 new captives and 67 new cells? I did, Robin. And did you see that North Carolina doubled their number of licensed captives from 2015 to 2016, ending the year with 550 pure captives or cell […]
SIIA and Sean King Call for the Repeal of 2016-66 – Captive Insurance Times
The Self Insurance Institute of America (SIIA) and Sean King, JD, CPA, of CIC Services, LLC have called on the IRS to either suspend or repeal Notice 2016-66, as reported in Captive Insurance Times (CIT). Notice 2016-66 places additional reporting requirements on small captive insurance companies (CICs) that make an 831(b) tax election. According to […]
2017 Will Be A Major Tipping Point In The Insurance Industry
This week, CIC Services attended the World Captive Forum (WCF) in Boca Raton, Florida. One of the large focal points of the conference was the impending change facing the insurance industry, fueled by the “Sharing Economy” and “extreme risks” like cyber, flood and terrorism. In this shifting landscape, captive insurance companies (CICs) are expected to […]
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!
How Would War Impact Your Business? – Most Businesses Are Underinsured – Part 2
Crisis Group recently reported that “The world is entering its most dangerous chapter in decades,” and, “The sharp uptick in war over recent years is outstripping our ability to cope with the consequences.” In a recent report titled “10 Conflicts to watch in 2017” Crisis Group’s CEO, Jean-Marie Guehenno, wrote about
Uncertainty Abounds – Most Businesses Are Underinsured
2017 is off to a fast start, and one thing is certain. Businesses face increasing uncertainty today’s interconnected global economy. Recent headlines have been dominated by immigration, border walls, political instability, terrorism, data breaches, cyber crimes and employment lawsuits. Unfortunately, most small and medium size businesses are underinsured. Today, businesses face far greater risks than […]
Holy Expanding Captive Insurance Domiciles Batman
That’s right Robin, it appears domestic captive insurance domiciles grew in 2016. Batman, did you see that Tennessee added 37 new captives and 67 new cells? I did, Robin. And did you see that North Carolina doubled their number of licensed captives from 2015 to 2016, ending the year with 550 pure captives or cell […]
SIIA and Sean King Call for the Repeal of 2016-66 – Captive Insurance Times
The Self Insurance Institute of America (SIIA) and Sean King, JD, CPA, of CIC Services, LLC have called on the IRS to either suspend or repeal Notice 2016-66, as reported in Captive Insurance Times (CIT). Notice 2016-66 places additional reporting requirements on small captive insurance companies (CICs) that make an 831(b) tax election. According to […]
2017 Will Be A Major Tipping Point In The Insurance Industry
This week, CIC Services attended the World Captive Forum (WCF) in Boca Raton, Florida. One of the large focal points of the conference was the impending change facing the insurance industry, fueled by the “Sharing Economy” and “extreme risks” like cyber, flood and terrorism. In this shifting landscape, captive insurance companies (CICs) are expected to […]
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