Is it really possible to reduce net commercial insurance premiums by up to 40%? In this 3 minute video, Randy Sadler, Principal at CIC Services, LLC gives an overview of the Bundled Captive Insurance program. Learning about this program is a must for middle-market business owners, CEOs, CFOs, Risk Managers and Property & Casualty Insurance Brokers and Agents serving middle-market companies.
This almost sounds like an infomercial doesn’t it? But wait… there is more!
But, there really is more.
As a business grows and matures, its owners may look for additional means to grow revenue and boost business wealth. A common approach is to start or acquire an additional business that serves the core business. This is often described as vertical integration, and it is often effective because Continue Reading
The writing is on the wall. The world is changing fast, and business owners, CFOs and risk managers will have to bring their “A Game” to keep up with rapidly evolving risks.
This was the thesis of “Defying Disruption,” an educational session at the 2017 Risk Management Society (RIMS) Conference. CIC Services, LLC attends the RIMS conference every year to stay abreast of industry trends, best practices in risk management, insurance, and risk financing. The “Defying Disruption” session focused on the tremendous changes being thrust upon businesses, government, society and culture Continue Reading
Question: How is insurance like a parachute?
Answer: If it’s not there when you need it, you probably won’t ever need it again.
This was the opening slide for the “Small Captive Claims Management” educational session at the 2017 Captive Insurance Companies Association (CICA) Conference on March 12-14 in San Diego, California. CIC Services regularly attends CICA to Continue Reading