Help Your Construction Clients Turn Risk Management & Insurance Into A Profit Center
On Wednesday, June 24, CIC Services hosted a webinar titled: “Help Your Construction Clients Turn Risk Management & Insurance Into A Profit Center.”
This webinar was designed for CPAs, Financial Advisors and Insurance Agents that are looking to set themselves apart from their competition and become even more trusted advisors. The knowledge gained from this webinar can also help you engage and win over new construction clients.
What Was Covered in the Webinar:
This webinar focused on captive insurance for construction companies. Many middle-market construction companies can benefit significantly by owning their own insurance company, known as a captive insurance company.
This recording covers:
- How to lower insurance costs for general liability, property, builder’s risk, construction defect, inland marine / equipment and many other insurance coverages
- How to turn sub-contractor default insurance into a profit center for the GC
- How construction companies can issue performance bonds from their own insurance company
- How construction companies can insure enterprise risks via their own insurance company
- The impact of keeping all or a portion of insurance profits
- Taxation of captive insurance companies
Watch the full recording: