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In this video, “Captive Insurance Risk Pooling Explained,” Bruce Wright of Eversheds Sutherland breaks down how risk pools benefit captive insurers by spreading risk effectively and providing tax advantages by enabling parent corporations to deduct premiums paid to the captive. Risk pools supply unrelated risk to a captive insurer, allowing it to qualify under the insurance method of accounting. For federal income tax purposes, the key elements of insurance include: ✔️ Risk transfer ✔️ Risk distribution ✔️ Common elements of insurance.   Ready to dive deeper? Watch the full video to gain valuable insights: https://lnkd.in/gZc7uMw3

Franchise operators face mounting challenges: intense competition, supply chain disruptions, labor shortages, and compliance with food safety regulations—all driving up operational risks and insurance costs. Jeannie Hylant and Sarah W. of Hylant explain how these pressures, coupled with nuclear verdicts in court cases, have made securing liability insurance both difficult and expensive. Captive insurance can offer franchises: ✅ More affordable, tailored coverage ✅ Financial incentives for safety initiatives ✅ Potential tax benefits.  Learn how franchisors can use captives to "supersize" cost savings. https://lnkd.in/gAew89Bw #FranchiseInsurance #CaptiveInsurance #RiskManagement

In this episode, Michael Maglaras, principal of Michael Maglaras & Company joins Joel Appelbaum, CPCU, CRIS, ARM, AIS to discuss how Lloyd's captive insurance syndicate is transforming the global insurance landscape. Together, they explore the syndicate’s groundbreaking approach—eliminating the need for traditional fronting capacity while enabling seamless cross-border coverage on Lloyd's paper.  Learn why this innovative model is a game-changer for Fortune 500 companies and how it bolsters the United Kingdom's standing as a competitive captive domicile post-Brexit. 🎧 Tune in now:  https://lnkd.in/ggNyHuJp

Registration is still open for the Cayman Captive Forum 2024! Join the Insurance Managers Association of Cayman at the beautiful Ritz-Carlton, Grand Cayman, from December 3rd - 5th, 2024, for unparalleled networking opportunities. Don’t miss the chance to connect with captive owners and service providers at the world’s biggest captive insurance conference. Secure your spot today! https://lnkd.in/gsjZxWSt #CaymanCaptiveForum #CaptiveInsurance #RiskManagement #IMAC

Daniel Linton of Pinnacle Actuarial Resources, Inc. and Wesley Sierk of Risk Management Advisors, Inc. explore the advantages of risk pooling in a captive insurance structure. By exchanging a portion of individual risk for a share of pooled losses, organizations can enhance risk distribution and potentially meet IRS safe harbor requirements under Revenue Ruling 2002-89. This ruling clarifies that captives meet the risk distribution threshold if at least 50 percent of premiums are derived from third parties. Discover how risk pooling supports risk management goals while providing additional benefits.  Read more here. https://lnkd.in/gVYtbqUP

In the video "What Captive Owners Should Know About the 953(d) Tax Election," Bruce Wright of Eversheds Sutherland (US) LLP, explains Section 953(d) of the Internal Revenue Code (IRC). This provision allows non-U.S.-domiciled captive insurers to elect to be taxed as domestic entities for all federal tax purposes. Essentially, this means the captive is treated as if it were formed in a U.S. state for tax purposes. Watch the video to learn more: https://lnkd.in/gwpqWahT

Registration for the 2025 Business Insurance World Captive Forum is now open! Join fellow captive insurance professionals February 5-7, 2025 at the JW Marriot Orlando Grande Lakes Resort. This captive insurance conference is known for its high-caliber educational content and meaningful networking opportunities, so secure your spot today. Register now: https://lnkd.in/gjH9UvJB

In this article, Alex Gedge from Hylant Global Captive Solutions discusses the growing role of captive insurance in managing climate-related risks, with a focus on wildfires. As devastating fires in regions such as Canada, California, Australia, and Europe reveal the limitations of traditional insurance, captives are stepping in to address the unique challenges of these unpredictable risks. Explore how addressing the rising frequency of wildfires through a captive insurance structure requires a deep understanding of current risks, as historical data alone is no longer a reliable predictor. Read more here: https://lnkd.in/gqUQBnvS #CaptiveInsurance #Wildfires #ClimateRisk

Watch for registration info coming here soon! 🤩 Looking forward to #CICAConf25!

CICA's Amplify Women program is celebrating 5 years of inclusivity in the captive industry! 🎉 Did you know that includes men too? Courtney Claflin explains why it's important to him to be a part of Amplify Women in this video. 🤝 https://lnkd.in/gsnBjY8Q #CICAAmplifyWomen