One approach for a business owner to increase profit and further protect the business is the buy-up or stand-up all of the vertical businesses that support the core business. Think of starting or acquiring additional businesses as an approach to build and protect a wealth engine. Continue Reading
On March 24, Randy Sadler of CIC Services hosted a webinar titled, “Trouble Right Here In River City – The Captive Insurance Presentation To Share With Your Business Owner Clients” that explores how a captive insurance program can help businesses prepare for a potentially hard financial decade to come.Continue Reading
Chris Gallo, Managing Director of CIC Services, as well as several other distinguished panel guests, discuss how businesses and companies can attain cost-effective, comprehensive risk management solutions through captive insurance companies. Presented by the Greater New Britain Chamber of Commerce & the Connecticut Captive Insurance Association, this webinar will unravel the mystery of captive insurance and the opportunities available through the creation of captive entities.Continue Reading
A captive insurance program is an alternative licensed insurance company that is usually owned by a business owner(s). The main focus of the captive insurance company is on providing coverage to the business owner(s) and mitigating their exposure to traditional insurance companies’ volatile prices or that can’t meet the specific requirements of a company.Continue Reading