The CIC Services Difference
- Comprehensive Business Risk Assessment
- Strategic Risk Management Plan
- Superior Structuring within a Captive
- Superior Asset Management Strategies
- Superior Exit Strategies
Discover the financial advantages of…
OWNING YOUR OWN INSURANCE COMPANY.
The Principals of CIC Services, LLC Have Over a Century of Experience in the Insurance Industry.
- Government Contractors
- Medical Practices
- Financial Services
- Transportation / Logistics
- IT / Communications
- Veterinary Practices
Weekly, clear-headed commentary on the captive industry.
An age old battle has been waged over the past three to four centuries regarding the role government is to play in the economy and in its policies toward large and small businesses. It’s always tempting for politicians and government officials to favor large corporations because their wealth and scale can make it easy for [...] Continue reading
Time and again, the I.R.S. has argued that captive insurance companies should be operated like or resemble the practices of commercial insurers. This line of argument and its permutations have repeatedly been struck down by the U.S. Tax Court in cases between the Service and captive owners. In fact, it was most recently shrugged off [...] Continue reading
A common myth we often encounter is that it costs too much to set up and operate a captive insurance company. In many cases, this is a false objection put forward to justify inaction. What is really needed is a cost-benefit analysis that weighs the true cost of captive ownership against all the benefits a [...] Continue reading