Artificial intelligence is no longer an experiment. From customer service to medical diagnostics, companies are embedding AI into core operations. But as adoption accelerates, so do the risks, and accountability for AI failures is far from clear.
We’re honored to share that CIC Services has been recognized as Highly Commended for Captive Manager of the Year in the Captive Review US Captive Awards 2025. This recognition reflects not only our commitment to excellence but also our focus on delivering meaningful results and value for the businesses we serve. It continues a tradition […]
Businesses are discovering that catastrophic events are not only growing in frequency and intensity but are also becoming increasingly difficult, and sometimes impossible to insure. The macro forces driving this shift are complex, interconnected, and accelerating. From extreme weather to cyberattacks, supply chain collapses, and litigation shocks, the risks that keep leaders up at night […]
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.