The recent article published by Strategic Risk, “How SMEs Can Tackle Product Liability Risks,” by Randy Sadler, Principal Chief Marketing Officer at CIC Services, highlights the escalating challenges of product liability risks faced by businesses in an era of globalization and increased consumer awareness. Large corporations can weather legal damages, but smaller enterprises lack financial cushioning against such crises. Complex global supply chains make businesses susceptible to unforeseen risks, often outpacing traditional insurance models which is why Captive insurance, an established yet increasingly relevant form of self-insurance, is gaining momentum.
The recent article published by Insurance Thought Leadership, “Insuring Risks Amid AI’s Constant Evolution,” by Chris Gallo, Managing Director at CIC Services, highlights how AI’s rapid advancement brings undeniable benefits to businesses, including enhanced efficiency, automation, and customer service. However, the unregulated landscape of AI poses significant risks, such as cybersecurity threats, regulatory concerns, and […]
The recent article published by Captive Insurance Times, “Noah Miller CIC Services,” by Frances Jones, Noah is interviewed about his experience working at CIC Services and his future aspirations for working in the captive industry including the main benefits of captives and his main influences. Read the full article here
The recent article published by Medical Economics, “How Captive Insurance Safeguards Patient Privacy in Medical Practices,” by Chris Gallo, Managing Director at CIC Services, highlights how the healthcare industry is facing a growing threat of data breaches and ransomware attacks, with 295 breaches in the first half of 2023, impacting millions of patients. Small to […]