Sign Up for the Captivating Thinking Newsletter
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.
In this Risk Management article, Randy Sadler from CIC Services explores the challenges businesses face when expressing political views. While consumers expect executives to speak out, doing so can also result in significant losses. Companies risk damaging their reputation if they fail to align with their values, and many consumers may even boycott them. Negative […]
The Risk & Treasury article “Challenging the IRS … and Winning” by Sean King discusses the case of CIC Services, which took on the IRS and won in a landmark Supreme Court decision. CIC Services challenged the validity of IRS Notice 2016-66, which required certain taxpayers to disclose information about captive insurance transactions, and the […]
Randy Sadler, Principal at CIC Services, says in an article for Captive Insurance Times that while Environmental, Social, and Governance (ESG) investing can demonstrate a company’s commitment to making a positive impact, it is essential for businesses to understand and address associated risks using Captive Insurance.
The Insurance News Net article “How captive insurance can save high net worth clients’ hard-earned money” by Randy Sadler of CIC Services explores the benefits of using captive insurance for high net worth individuals. Sadler argues that captive insurance can help protect their assets and save them money in the long run by offering tailored […]
The recent article published by Insurance NewsNet, “How Captive Insurance Can Save High Net Worth Clients Hard Earned Money,” by Randy Sadler, Principal Chief Marketing Officer at CIC Services, highlights how traditional insurance policies may not adequately cover the unique risks faced by high net worth individuals, such as loss of contracts or reputation damage. […]
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.
In this Risk Management article, Randy Sadler from CIC Services explores the challenges businesses face when expressing political views. While consumers expect executives to speak out, doing so can also result in significant losses. Companies risk damaging their reputation if they fail to align with their values, and many consumers may even boycott them. Negative […]
The Risk & Treasury article “Challenging the IRS … and Winning” by Sean King discusses the case of CIC Services, which took on the IRS and won in a landmark Supreme Court decision. CIC Services challenged the validity of IRS Notice 2016-66, which required certain taxpayers to disclose information about captive insurance transactions, and the […]
Randy Sadler, Principal at CIC Services, says in an article for Captive Insurance Times that while Environmental, Social, and Governance (ESG) investing can demonstrate a company’s commitment to making a positive impact, it is essential for businesses to understand and address associated risks using Captive Insurance.
The Insurance News Net article “How captive insurance can save high net worth clients’ hard-earned money” by Randy Sadler of CIC Services explores the benefits of using captive insurance for high net worth individuals. Sadler argues that captive insurance can help protect their assets and save them money in the long run by offering tailored […]
The recent article published by Insurance NewsNet, “How Captive Insurance Can Save High Net Worth Clients Hard Earned Money,” by Randy Sadler, Principal Chief Marketing Officer at CIC Services, highlights how traditional insurance policies may not adequately cover the unique risks faced by high net worth individuals, such as loss of contracts or reputation damage. […]
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.