Trusted Captive Insurance Manager
SEAN KING, JD, CPA, MACC
Founding Principal, In House Counsel
Sean is a Principal and one of the Founders of CIC Services, where he serves as In-House Counsel. With a background in accounting, law, taxation, and insurance, Sean is uniquely qualified to work in the captive insurance industry. He co-founded CIC Services in 2005 and specializes in creatively structuring captives to assist clients in achieving their risk management, asset protection, and wealth accumulation. In 2015, Sean served on the Captive Insurance Companies Association (CICA) committee that developed CICA’s formal Information Statement On Small Captive Insurance Companies. He has also been a panel speaker on captive insurance companies with CICA and at continuing professional education conferences of the Estate and Trust Section of the American Bar Association.
Sean received his Bachelor of Science degree in Business Administration, Cum Laude, from the University of Tennessee (UT). He also earned his Master’s degree in Accounting with a concentration in Taxation, as well as his Doctor of Jurisprudence (law) degree from UT. Sean holds active licenses as a CPA and attorney.
Sean currently resides in San Juan, Puerto Rico with his wife and soul mate, Cindy. He is the proud father of identical twin sons, Shelton and Logan, and a daughter, Clara.
Recent Industry News
The Courtroom Risk No One in Power Generation Can Afford to Ignore
In today’s energy landscape, power companies face not only the challenges of decarbonization, market volatility, and aging infrastructure but also a rapidly growing legal threat that demands board-level attention.
Captive Consolidation: Why Focused Management Matters More Than Ever
In today’s dynamic risk environment, captive insurance companies have become essential tools for businesses seeking more control over risk financing. By forming their own insurance entities, companies gain the ability to customize coverage, better manage costs, and achieve improved transparency across their risk programs. Captives are no longer just niche solutions—they’re strategic assets used by […]
CIC Services Files Second Lawsuit Against the IRS, Continuing Fight for Small and Mid-Sized Businesses
CIC Services, a Knoxville-based firm that helps small and mid-sized businesses form and manage captive insurance companies, has filed a second lawsuit against the Internal Revenue Service (IRS), challenging what it describes as a continued campaign of regulatory overreach that harms legitimate business owners. The complaint, filed in the U.S. District Court for the Eastern […]
New IRS Captive Rules Beg To Be Challenged
On January 14, just days before the end of the Biden Administration, the US Treasury continued its multi-decade-long attacks on Congressionally-authorized captive insurance arrangements by issuing a new final regulation relating to 831(b) small captive insurance companies: https://public-inspection.federalregister.gov/2025-00393.pdf. Unfortunately, the new rule very much resembles the originally proposed rule that received overwhelmingly negative feedback from […]