For many profitable businesses, there is a simple, well-proven path to form a second, profitable business. Simply put, businesses can choose to OWN THEIR OWN INSURANCE COMPANY, known as a captive insurance company. In so many ways, a captive insurance company is the perfect second business (or third, or fourth…).
In “The Music Man,” there was a famous quote:
We got trouble! Right here in River City!
We’ve got trouble right here in the U.S. for small and mid-market businesses. 2020 was a disaster and 2021 is looking even worse with continued civil unrest, border chaos, the threat of an over-reaching DOL and other bureaucratic entities, international chaos, unreliable “green energy” as Texas learned the hard way, and impending regulations on businesses and looming tax hikes.
This is an important time for advisors to small and mid-market companies to put on their “part-time CFO” hat to help business clients prepare for the decade ahead. This includes CPAs, P&C insurance brokers and financial advisors. This webinar will provide a step-by-step guide to help you introduce captive insurance as a risk management and financial strategy to your small and mid-market business clients.
There is trouble in River City, and owning a captive insurance company is the best strategy for companies to employ to prepare for it.
Watch the recording:
Join Chris Gallo, Managing Director of CIC Services, as well as several other distinguished panel guests on Tuesday, March 9, for an informative discussion on 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.
On Wednesday, February 24, CIC Services will host a webinar titled, “2020 Lessons Learned: Captive Insurance And What The Future Likely Holds For Middle-Market Companies.”
This webinar will discuss the important lessons for business owners to help better prepare for the future, including: