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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!
Top 10 Captive Myths – #4 – Captives Are Only For Large Companies
An age old battle has been waged over the past three to four centuries regarding the role government is to play in the economy and in its policies toward large and small businesses. It’s always tempting for politicians and government officials to favor large corporations because their wealth and scale can make it easy for […]
Top 10 Captive Myths – #5 – If Commercial Coverage Isn’t Available, It’s Not An Insurable Risk
Time and again, the I.R.S. has argued that captive insurance companies should be operated like or resemble the practices of commercial insurers. This line of argument and its permutations have repeatedly been struck down by the U.S. Tax Court in cases between the Service and captive owners. In fact, it was most recently shrugged off […]
Top 10 Captive Myths – #6 – It Costs Too Much To Set-Up And Operate A CIC
A common myth we often encounter is that it costs too much to set up and operate a captive insurance company. In many cases, this is a false objection put forward to justify inaction. What is really needed is a cost-benefit analysis that weighs the true cost of captive ownership against all the benefits a […]
Top 10 Captive Myths – #7 – 831(b)s Are Giving The Captive Industry A Bad Name
Every year, a vocal group of self-proclaimed captive experts trot out their marketing propaganda disguised as news articles or industry commentary. In reality, these articles are marketing pieces and they often suggest that small captive insurance companies, often described as “831(b) captives,” are giving the captive industry a bad name. One of the keys to […]
Top 10 Captive Myths – #8 – It Takes Too Long To Set Up A Captive
It used to take a long time, in many cases a year or more, for a business to set-up a captive insurance company. And stories about the long road many companies faced in setting up their captive arrangement linger on, often in the minds and lore of “old guard” captive managers and attorneys who were […]
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!
Top 10 Captive Myths – #4 – Captives Are Only For Large Companies
An age old battle has been waged over the past three to four centuries regarding the role government is to play in the economy and in its policies toward large and small businesses. It’s always tempting for politicians and government officials to favor large corporations because their wealth and scale can make it easy for […]
Top 10 Captive Myths – #5 – If Commercial Coverage Isn’t Available, It’s Not An Insurable Risk
Time and again, the I.R.S. has argued that captive insurance companies should be operated like or resemble the practices of commercial insurers. This line of argument and its permutations have repeatedly been struck down by the U.S. Tax Court in cases between the Service and captive owners. In fact, it was most recently shrugged off […]
Top 10 Captive Myths – #6 – It Costs Too Much To Set-Up And Operate A CIC
A common myth we often encounter is that it costs too much to set up and operate a captive insurance company. In many cases, this is a false objection put forward to justify inaction. What is really needed is a cost-benefit analysis that weighs the true cost of captive ownership against all the benefits a […]
Top 10 Captive Myths – #7 – 831(b)s Are Giving The Captive Industry A Bad Name
Every year, a vocal group of self-proclaimed captive experts trot out their marketing propaganda disguised as news articles or industry commentary. In reality, these articles are marketing pieces and they often suggest that small captive insurance companies, often described as “831(b) captives,” are giving the captive industry a bad name. One of the keys to […]
Top 10 Captive Myths – #8 – It Takes Too Long To Set Up A Captive
It used to take a long time, in many cases a year or more, for a business to set-up a captive insurance company. And stories about the long road many companies faced in setting up their captive arrangement linger on, often in the minds and lore of “old guard” captive managers and attorneys who were […]
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