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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 – #9 – If A Financial Advisor Introduces You To A Captive, Run
Every year, a few self-proclaimed captive experts will write articles warning “if a financial advisor approaches you about setting up a captive insurance company, run”. They don’t mean that you should necessarily run away from doing a captive, mind you, only that you should run from your financial advisor and toward (they never actually say […]
Top 10 Captive Myths – #10 – Captives Are An Audit Target
Every year, hundreds (maybe thousands) of business owners that would benefit immensely from the risk management, asset protection and tax saving benefits of owning their own captive insurance company are frightened away by advisors or so-called experts who suggest that, “captives are an audit target.” Myth # 10 is characterized by both injustice and disservice. […]
A Video Is Worth A Million Words
As your business or clients review 2014, estimate 2014 tax liabilities, and enter the planning season for 2015, now is the right time to consider a captive insurance company. Sean King, JD, CPA, MAcc, Principal and In-House Counsel of CIC Services, LLC has recently developed an educational video explaining the powerful benefits of Enterprise Risk […]
Start A Second Business To Create A Proven Wealth Engine
Under the right circumstances, business owners can often increase their success, profitability and asset protection by starting or acquiring a second business that serves their primary business. This is often described as vertical integration, and it is often effective because a supplier or service provider is already making a profit serving the parent company. Consider […]
“Hot Topic” Discussion At Vermont Captive Conference Reflects Typical Large Company Bias
It appears the same old song and dance was trotted out at the Vermont Captive Insurance Association conference this Summer. The “Hot Topic” was Internal Revenue Service (IRS) scrutiny of “micro-captives,” a misnomer for small insurance companies typically utilized by small and mid-sized businesses. Small captive insurance companies are largely misunderstood by the captive managers […]
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 – #9 – If A Financial Advisor Introduces You To A Captive, Run
Every year, a few self-proclaimed captive experts will write articles warning “if a financial advisor approaches you about setting up a captive insurance company, run”. They don’t mean that you should necessarily run away from doing a captive, mind you, only that you should run from your financial advisor and toward (they never actually say […]
Top 10 Captive Myths – #10 – Captives Are An Audit Target
Every year, hundreds (maybe thousands) of business owners that would benefit immensely from the risk management, asset protection and tax saving benefits of owning their own captive insurance company are frightened away by advisors or so-called experts who suggest that, “captives are an audit target.” Myth # 10 is characterized by both injustice and disservice. […]
A Video Is Worth A Million Words
As your business or clients review 2014, estimate 2014 tax liabilities, and enter the planning season for 2015, now is the right time to consider a captive insurance company. Sean King, JD, CPA, MAcc, Principal and In-House Counsel of CIC Services, LLC has recently developed an educational video explaining the powerful benefits of Enterprise Risk […]
Start A Second Business To Create A Proven Wealth Engine
Under the right circumstances, business owners can often increase their success, profitability and asset protection by starting or acquiring a second business that serves their primary business. This is often described as vertical integration, and it is often effective because a supplier or service provider is already making a profit serving the parent company. Consider […]
“Hot Topic” Discussion At Vermont Captive Conference Reflects Typical Large Company Bias
It appears the same old song and dance was trotted out at the Vermont Captive Insurance Association conference this Summer. The “Hot Topic” was Internal Revenue Service (IRS) scrutiny of “micro-captives,” a misnomer for small insurance companies typically utilized by small and mid-sized businesses. Small captive insurance companies are largely misunderstood by the captive managers […]
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