Trusted Captive Insurance Manager
Ram C. Patel
Principal, CIO
Ram serves as Chief Investment Officer for CIC Services, where he helps with compliance, financial modeling, operational support, and advanced financial strategies for the Captives. He has spent his whole life in the hotel industry while also having a background in Supply Chain Management and Insurance. He also holds a Life license active in TN.
Ram is a very adventurous person and likes to learn about new industries and concepts. He is still very involved in the hotel industry and is part of several major hotel associations. Ram received his Bachelor of Science in Supply Chain Management from the University of Tennessee in 2015.
Ram can be found playing golf, going to UT sporting events, or hanging out with friends when he isn’t working. He resides in Lenoir City, TN.
Recent Industry News
What Is a Captive Insurance Company?
A captive insurance company is a licensed insurance company owned by the business, business owner, or group of businesses it insures. Instead of sending all insurance premiums to third-party commercial carriers, a company can use a captive to insure selected risks through an insurance company it owns or controls. For business owners, CEOs, CFOs, CPAs, […]
Kadau v. Commissioner — Captive Insurance that Wasn’t
The recent memorandum decision in Kadau v. Commissioner (T.C. Memo. 2025-81) provides a clear example of how the Tax Court currently analyzes micro-captive arrangements. Importantly, the opinion does not create new law; rather, it applies the well-established captive-insurance framework developed in Avrahami, Reserve Mechanical, Caylor, and Syzygy. We have previously distinguished how our clients do […]
United in Hope: CIC Services Leads Community Fight Against Blood Cancer
On November 6, CIC Services had the privilege of joining the East Tennessee community at Covenant Health Park in Knoxville for the annual Light The Night event. The evening was a powerful reminder of what can be achieved when people unite around a shared purpose. Surrounded by lanterns glowing in honor of survivors, in remembrance […]
CIC Services Appoints Jackson Arms as Vice President of Risk Management Consulting
CIC Services, LLC, a leading risk management consulting firm specializing in the formation and management of captive insurance companies, has named Jackson Arms vice president of risk management consulting. His appointment strengthens the firm’s advisory capabilities at a time when businesses across industries are increasingly looking to captives to gain more control over risk financing […]