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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!
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 […]
15 Years Of Debt Or A Captive Insurance Company
I had a mesmerizing conversation this week with business owner, who is exploring owning his own insurance company, specifically a captive insurance company. I don’t use the word “mesmerizing” often, but it certainly applies here. He founded his company in 1990 and has grown it into a successful and thriving enterprise. When I asked him […]
Non-Damage Events (That Cause FINANCIAL Damage)
What is a “Non-Damage Event”? In its 2017 GLOBAL RISK BAROMETER, Allianz reports that, “Perils such as natural catastrophes and fires are the causes businesses fear most, but the nature of the risk is shifting increasingly
Allianz Releases Its Global Top 10 Business Risks List
Allianz released its Top 10 Global Business Risks for 2017 (CLICK HERE), and it highlights an ongoing and powerful shift in the threats companies face. Many of these threats are emerging (new and developing more fully), imminent (due to active perpetrators), AND not adequately addressed by the commercial insurance market (because coverage is difficult 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!
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 […]
15 Years Of Debt Or A Captive Insurance Company
I had a mesmerizing conversation this week with business owner, who is exploring owning his own insurance company, specifically a captive insurance company. I don’t use the word “mesmerizing” often, but it certainly applies here. He founded his company in 1990 and has grown it into a successful and thriving enterprise. When I asked him […]
Non-Damage Events (That Cause FINANCIAL Damage)
What is a “Non-Damage Event”? In its 2017 GLOBAL RISK BAROMETER, Allianz reports that, “Perils such as natural catastrophes and fires are the causes businesses fear most, but the nature of the risk is shifting increasingly
Allianz Releases Its Global Top 10 Business Risks List
Allianz released its Top 10 Global Business Risks for 2017 (CLICK HERE), and it highlights an ongoing and powerful shift in the threats companies face. Many of these threats are emerging (new and developing more fully), imminent (due to active perpetrators), AND not adequately addressed by the commercial insurance market (because coverage is difficult to […]
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