Captive insurance companies are often misunderstood by mid-market business owners, CFOs and their trusted advisors. The result for many is an unnecessary vulnerability in a complex marketplace and operating environment with ever-shifting risks. In its June 2019 issue, CPA Practice Advisor (CPAPracticeAdvisor.com) has published a definitive article on captives titled, “Protect & Build Wealth Through A Captive Insurance Company,” authored by Randy Sadler, Principal at CIC Services.
Randy discusses many threats mid-market businesses face and outlines the “third-party insurance dilemma.” He also proposes “a better way – blending third-party insurance with formal self-insurance.”
To read the entire article in CPA Practice Advisor, CLICK HERE and flip to pages 8 and 9.