CIC Services was featured in Captive International‘s latest issue of US Focus 2020. In the article, titled “The IRS and captives: a tale of COVID-19 loss“, CICS’s own Randy Sadler outlines a recent case study signifying the importance of a captive insurance program to protect businesses against financial loss due to COVID-19.
As firms moved to a work-from-home environment in response to COVID-19, cybersecurity has been highlighted as an increasing challenge. Industry experts suggest while captive coverage is tailored to the needs of the business, a commercial policy is just as important. Although many firms use commercial cyber policies for coverage, there can be gaps, leaving firms […]
If the turmoil of 2020 has shown businesses anything, it’s that they should have been better protected and most businesses could have benefited from more insurance and more money. The pandemic and riots have forced thousands of businesses into bankruptcy with many more still on the ropes. It’s impossible to predict what the next crisis […]
An increasing number of tech companies are replacing or supplementing commercial insurance with captive insurance, according to Randy Sadler, principal at CIC Services.