(PRWEB) September 18, 2015
Based on the response to the Captive Insurance Companies Association’s (CICA’s) recent Information Statement Regarding Micro-Captives, CICA has made “Doing Micro-Captives the Right Way” the topic of its 2015 Fall Webinar, 12- 1 p.m. Central Time, Tues., Oct. 6.
“We’ve had a lot of interest in the Information Statement,” said CICA president Dennis Harwick. “As more mid-market companies consider using captive insurance as part of their risk management strategy, companies and their service providers are seeking the best information on structuring a micro-captive to achieve their business goals while avoiding the minefield of potential problems,” Harwick explained.
Webinar speakers Sean King, CIC Services, LLC; Chaz Lavelle, Bingham Greenebaum Doll LLP; and Jeff Simpson, Gordon, Fournaris & Mammarella, P.A. will provide guidance on effectively establishing the non-tax purpose of a micro-captive and clarify the risks and concerns when using a micro-captive. They will also outline the business benefits of following best practice guidelines for coverages, premiums, risk management, governance, investments, and claims.
“These practices can be critical to distinguishing a micro-captive as a legitimate insurance company from IRS, regulatory and audit perspectives,” said Harwick, who will moderate the panel.
Webinar registration is free for CICA members. Non-member rate is $50.
About the Captive Insurance Companies Association (CICA)
CICA is the only global domicile-neutral captive insurance association. CICA is committed to providing the best source of unbiased information, knowledge, and leadership for captive insurance decision makers. CICA is your advocate around the world, key to the captive industry and the resource for captive best practices.