Small to mid-size private and closely held business owners face a distinct disadvantage when dealing with enterprise risk compared to large corporations. Without the right insurance, all manner of risks can wipe out a company’s resources—cybercrime, legal defense or business interruption, to name a few.
In 2014 alone, the Polar Vortex cost the U.S. economy $15 billion. Think of all the companies that suffered loss of customer traffic, workforce absences, and stalled revenue.
As a business owner, you can afford to insure against enterprise risk by setting up your own captive insurance company. In this educational white paper, we show you how to form a CIC, offer ways to better manage risk, and demonstrate how CICs deliver investment opportunity to cultivate wealth.