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 […]

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 […]

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. […]

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 […]

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 […]