Sean King, president of CIC Services, recently spoke at the North Carolina Captive Insurance Association (NCCIA) annual conference about the recent battle with the IRS over micro-captive transactions. Captive International covered the presentation in a recent article quoting NCCIA founding member Alex Webb, “The discussion on the IRS vs CIC court case ruling has been long anticipated. There was obviously a great deal of enthusiasm in the audience for this topic; we certainly had the best players up on the panel today,” he said. “I think it was obvious Sean King has passion about this as he stuck with it even in the face of what he expects in the form of retaliation, which is a shame that he has to think that, but it is a real thing.”
In this article for Entrepreneur, CIC Services’ Randy Sadler dives into how business disruptions like trade wars, tariffs, and trade sanctions caused by global politics can affect a company’s bottom line. He describes ways businesses can offset these by increasing prices, absorbing the costs, switching suppliers, or insuring against them with captive insurance.
How Captive Insurance Can Offset Risk and the Impacts of Litigation in Economic Downturns for Captive International
In this article for Captive International, CIC Services’ Randy Sadler explains how litigation has been shown to rise during economic downturns and how captive insurance can protect companies, especially smaller businesses, in such uncertain times.
Protecting Profitability – Identifying And Mitigating Forces That Impact The Bottom Line for Business Partner Magazine
In this article for Business Partner Magazine, CIC Services’ Randy Sadler discusses the importance of profit for the success of a business. Profits can make or break a business, so Sadler identifies the potential reason your bottom line is suffering. Also, retained earnings provide a safety net during difficult times, so maximizing profit is important […]