As we begin 2015, one thing is certain.  Businesses face increasing uncertainty in today’s interconnected global economy.  Recent headlines have been dominated by terrorism, data breaches, cyber-crimes and employment lawsuits.  Unfortunately, most small and medium size businesses are underinsured. 

I recently had a conversation with a Finance Officer at a mid-size company, where we discussed Enterprise Risk Management (ERM) and Captive Insurance Companies (CICs).  This company is successful and growing with complex operations, hundreds of employees, over

North Pole, December 22, 2014 Santa Claus, Inc. announced the formation of its first captive insurance company, Sleigh Bell Insurance, Inc. The move comes as the toy delivery operation has determined a need to overhaul its approach to risk management with the goal of protecting the enterprise well into the future.  Owner and CEO, St. […]

After a two week hiatus to cover the recent IRS defeat in the Securitas captive insurance case, we finally turn our attention to the finale of our Top Ten Captive Myths.  It’s critical to address these myths because they so often cause business owners to miss out on the benefits of captive ownership or the […]

Next week, we will finish our series on the Top 10 Captive Myths.  However, late in 2014, the I.R.S. has fortuitously provided a gift to the captive industry and businesses considering owning their own insurance company.  That gift is another defeat in U.S. Tax Court in the Securitas case, providing even more reason to be […]