Environmental risks are becoming increasingly difficult to manage owing to their growing number and size, as well as emerging contaminants, according to Environmental Risk Managers and CIC Services
ERMI and CIC Services have teamed up to launch the EnviroCap programme to help businesses control environmental risk and cost factors tied to escalating pollution liability threats
CIC Services has appointed Shoshanna Simmons to lead its client services division
The US Supreme Court ruling in the CIC Services case against the IRS has been described by Ryan Work, vice president, government relations at SIIA, as “an important victory” for the captive insurance industry
The US Supreme Court has ruled in favour of the CIC Services in their case against the Internal Revenue Service over Notice 2016-66, in a unanimous decision
There has been an increase in manufacturing companies pursuing captive insurance as a solution to the insurance conundrum, according to Randy Sadler, a principal with CIC Services
Nate Reznicek has joined International Re, the specialist captive insurance and reinsurance MGU, as head of US distribution
Christopher Gallo has joined CIC Services, a Knoxville-based risk management consulting firm as managing director
The use of AI platforms such as ChatGPT is exponentially on the rise and there is potential for the captive industry to use the platform. However, the risks shouldn’t be taken lightly
Shoshanna Simmons of CIC Services explains the increased complexities in the excess and surplus insurance markets
ESG investing can set businesses apart in showing their solidarity in improving the world around them. This is good, but businesses need to understand the risks and have plans in place to mitigate them, says Randy Sadler, principal at CIC Services
Ben Whitehouse of Butler Snow and Kevin Walters of the Tennessee Department of Commerce and Insurance discuss regulatory updates and the importance of having a symbiotic relationship between the regulator and captive companies
Emerging talent Noah Miller talks to Frances Jones about his experience working at CIC Services and his future aspirations working in the captive industry
Arizona Captive Insurance Association president Rae Brown says the state’s captive service providers are not only seeing an increase in captive formations but also inquiries to determine the use of captives as a strategic tool in risk management programmes
Sean King of CIC Services discusses the firm’s upcoming case against the IRS in the Supreme Court, what a win would mean for the industry, and the support they are receiving from the captive insurance industry throughout this legal process
With the US Government’s longest ever shutdown still fresh in the minds of many Americans, could captives offer a solution to cover an estimated loss of more than $10 million per hour?
