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Captives can play a powerful role in a construction company’s risk management program. CIC Services can help assess and analyze your risk company’s risk profile and current risk management and insurance program.  Captives can turn your risk management program into another profit center.  We can help your organization determine of owning your own captive insurance company is the right move for your company.

How CIC Services Can Help Your Construction Business

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Analyze your current risk management profile and insurance program

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Analyze your current risk financing strategy

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Provide education on alternative risk transfer utilizing a captive insurance company

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Develop potential captive insurance strategies to help your firm control costs, manage rate increases and keep a portion of insurance profits

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Implement your captive insurance program and work with you to optimize it over time

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Common Construction Risks That Can Be Insured In A Captive Program:

  • General Liability

  • Builder’s Risk

  • Construction Defect

  • Workers’ Comp

  • Warranties

  • Auto Liability

  • Business Interruption

  • Environmental

  • Property

  • Cyber Liability

  • Product Liability

  • Performance Bonding

  • Sub-Contractor Default

  • General Liability

  • Builder’s Risk

  • Construction Defect

  • Workers’ Comp

  • Warranties

  • Auto Liability

  • Business Interruption

  • Environmental

  • Property

  • Cyber Liability

  • Product Liability

  • Performance Bonding

  • Sub-Contractor Default

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Create Found Money By Offering
Sub-Contractor Default Insurance To Your Subs

Successful General Contractors (GCs) already have strong operational practices regarding qualifying and managing their subs, preventing potential sub-related losses, and ensuring quality control to their clients.  A captive owned by the construction company can issue Surety Bonds to sub-contractors or write Sub-Contractor Default Insurance policies.  This powerful approach creates “found money” for the GC.

About CIC Services

CIC Services, LLC is a Risk Management consulting firm, specializing in the utilization of Captive Insurance Companies (CICs) to help organizations achieve their overall Enterprise Risk Management goals. We have been helping business owners manage risk through CIC ownership since 2005 by providing superior expertise, and full-service, turn-key captive management services. Our principals have over a century of combined experience in the insurance industry.

Ready to utilize CIC Services to improve your construction company’s risk management profile? Call a CIC representative today at 865-248-3044 and learn more about our Captive Insurance Program!

Ready to Get Started?
We Are, Too.

Contact Us Today.

    About CIC Services

    CIC Services, LLC is a Risk Management consulting firm, specializing in the utilization of Captive Insurance Companies (CICs) to help organizations achieve their overall Enterprise Risk Management goals. We have been helping business owners manage risk through CIC ownership since 2005 by providing superior expertise, and full-service, turn-key captive management services. Our principals have over a century of combined experience in the insurance industry.

    Ready to utilize CIC Services to improve your construction company’s risk management profile? Call a CIC representative today at 865-248-3044 and learn more about our Captive Insurance Program!

    Ready to Get Started?
    We Are, Too.

    Contact Us Today.