Upcoming Events

August 18 2020

Webinar – Common Objections To Owning A Captive Insurance Company

On September 2 at 11:30 a.m., CIC Services hosted a webinar called, “Common Objections To Owning A Captive Insurance Company.”

July 14 2020

Webinar: Tumultuous 2020 Highlights Obvious Need For Middle-Market Companies To Own An Enterprise Risk Captive

CIC Services will be hosting a webinar titled: “Tumultuous 2020 Highlights Obvious Need For Middle-Market Companies To Own An Enterprise Risk Captive,” on July 22 at 2 p.m.

June 16 2020

Webinar: Help Your Construction Clients Turn Risk Management & Insurance Into A Profit Center

CIC Services will be hosting a webinar titled: “Help Your Construction Clients Turn Risk Management & Insurance Into A Profit Center,” on June 24 at 2 p.m.

May 6 2020

Webinar: Helping Your Small & Middle-Market Business Clients Keep Assets In Play

CIC Services will be hosting a webinar titled: “Helping Your Small & Middle-Market Business Clients Keep Assets In Play,” on May 20 at 2 p.m.

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Captivating Thinking

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Businesses Turn to Captives for Health Insurance
CIC Services Files Second Lawsuit Against the IRS, Continuing Fight for Small and Mid-Sized Businesses
Insuring Virtual Care Risks: Captives as a Safety Net For Telehealth Expansion
P&C Insurance Brokers Must Evolve

Contact CIC Services

9721 Cogdill Road, Suite 202
Knoxville, TN 37932
Phone: 865.248.3044
Fax: 865.244.1312

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Stronger Business Model

Businesses who implement ERM programs combined with a captive to plan for unforseen risks stand a better chance of surviving, and passing to the next generation.

Improved Cost Controls

Captive owners can leverage their ERM and captive programs to improve their negotiating ability when renewing their commercial insurance coverages.

Wealth Accumulation

Profitable captives will see their reserves grow over time to significant sums which can be utilized by their owners for retirement or other life cycle needs.

Advantageous Tax Treatment

Insurance companies are the only entities allowed to expense projected future expense against current-year revenues (claim reserves). Small captives (premiums of $2.2M or less per year) may also elect to only be taxed on their investment income, potentially resulting in substantial tax savings for their owners.

Insurance Profits

Utilizing your captive to reduce or replace your commercial insurance coverage with policies issued by your captive allows you to capture insurance profits previously realized by the carriers.

Improved Risk Management

Adding a captive and ERM program will result in a higher awareness and enhanced strategies for how your organization thinks about and plans for all risks.

Asset Protection

The assets held by a properly organized and managed captive enjoy a very high degree of protection from both the business’ and business owner’s creditors.