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Looking to read about ways we are serving the business community through the innovative use of captive insurance companies? If CIC Services is in the news, you’ll be able to read it here. Check out where we’ve made the most recent headlines below.
The article “The Rise in Natural Disasters Is Putting More Businesses at Risk. Are You Protected?” published in Entrepreneur Randy Sadler of CIC Services, warns about the increasing threat of natural disasters to businesses and the need for them adequate insurance protection. Sadler highlights the trend of rising natural disasters and their impact on businesses. […]
In this article for Entrepreneur, CIC Services’ Randy Sadler dives into how business disruptions like trade wars, tariffs, and trade sanctions caused by global politics can affect a company’s bottom line. He describes ways businesses can offset these by increasing prices, absorbing the costs, switching suppliers, or insuring against them with captive insurance.
In this article for Captive International, CIC Services’ Randy Sadler explains how litigation has been shown to rise during economic downturns and how captive insurance can protect companies, especially smaller businesses, in such uncertain times.
In this article for Business Partner Magazine, CIC Services’ Randy Sadler discusses the importance of profit for the success of a business. Profits can make or break a business, so Sadler identifies the potential reason your bottom line is suffering. Also, retained earnings provide a safety net during difficult times, so maximizing profit is important […]
In this article for Risk Management Magazine, CIC Services’ Randy Sadler discusses the effects of the Russian invasion of Ukraine on businesses and supply chains across the world. These effects make the business environment more vulnerable and increase the need for risk management tactics. It’s not too late to act to mitigate and insure this […]
Looking to read about ways we are serving the business community through the innovative use of captive insurance companies? If CIC Services is in the news, you’ll be able to read it here. Check out where we’ve made the most recent headlines below.
The article “The Rise in Natural Disasters Is Putting More Businesses at Risk. Are You Protected?” published in Entrepreneur Randy Sadler of CIC Services, warns about the increasing threat of natural disasters to businesses and the need for them adequate insurance protection. Sadler highlights the trend of rising natural disasters and their impact on businesses. […]
In this article for Entrepreneur, CIC Services’ Randy Sadler dives into how business disruptions like trade wars, tariffs, and trade sanctions caused by global politics can affect a company’s bottom line. He describes ways businesses can offset these by increasing prices, absorbing the costs, switching suppliers, or insuring against them with captive insurance.
In this article for Captive International, CIC Services’ Randy Sadler explains how litigation has been shown to rise during economic downturns and how captive insurance can protect companies, especially smaller businesses, in such uncertain times.
In this article for Business Partner Magazine, CIC Services’ Randy Sadler discusses the importance of profit for the success of a business. Profits can make or break a business, so Sadler identifies the potential reason your bottom line is suffering. Also, retained earnings provide a safety net during difficult times, so maximizing profit is important […]
In this article for Risk Management Magazine, CIC Services’ Randy Sadler discusses the effects of the Russian invasion of Ukraine on businesses and supply chains across the world. These effects make the business environment more vulnerable and increase the need for risk management tactics. It’s not too late to act to mitigate and insure this […]
Sign Up for the Captivating Thinking Newsletter
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.
Captive owners can leverage their ERM and captive programs to improve their negotiating ability when renewing their commercial insurance coverages.
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.
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.
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.
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.
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.