CIC Services, LLC announces the formation of Knox Reinsurance Company, Inc.
Yahoo! Finance reports on CIC Service’s new reinsurance pool for property and casualty coverages, Knox Reinsurance Company Inc.
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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.
Yahoo! Finance reports on CIC Service’s new reinsurance pool for property and casualty coverages, Knox Reinsurance Company Inc.
Captive International reports on CIC’s launch of Knox Re in North Carolina.
Captive Review covers CIC’s new reinsurance pool, Knoxville Re.
Captive Insurance Times reports on CIC Services launching a new reinsurance pool for property and casualty coverages. The new pool, Knox Reinsurance Company, is licensed and regulated by the North Carolina Department of Insurance.
CIC Services’ exciting new bundled captive insurance program is making headlines.
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.
Yahoo! Finance reports on CIC Service’s new reinsurance pool for property and casualty coverages, Knox Reinsurance Company Inc.
Captive International reports on CIC’s launch of Knox Re in North Carolina.
Captive Review covers CIC’s new reinsurance pool, Knoxville Re.
Captive Insurance Times reports on CIC Services launching a new reinsurance pool for property and casualty coverages. The new pool, Knox Reinsurance Company, is licensed and regulated by the North Carolina Department of Insurance.
CIC Services’ exciting new bundled captive insurance program is making headlines.
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.