Introductory Presentation – Micro Captive 831(b)
Posted on: April 7th, 2016May 17, 2016
10:00 am – 11:00 am & 2:00 pm – 3:00 pmInterWest Insurance Services
Training Room
1357 E. Lassen Avenue
Chico, CA 95973
831(b) captives, also called Micro Captives, are gaining attention and being marketed by many business advisors. IRS rules require that the small insurance company be a legitimate risk transfer vehicle and that there is risk sharing between captives.
Advantages of this program:
- Business may reduce insurance costs by insuring coverage unavailable or too expensive in the commercial marketplace through the captive.
- Coverage and risk sharing with other captive members can offset loss, which currently may be fully uninsured.
- How can coverage offset loss?
- Fully uninsured or self insured?
- Declared dividends belong to the owner of the captive. entity, family or others.
Who Should Attend
- Business Owners, Chief Financial Officers, Insurance Buyers and Safety Directors.
- Qualified Organizations should have $7 Million Dollars in Revenue
Presenter: David Ginsberg, CLU, ChFC, LUTCF Vice President Sales, Oxford Risk Management Group
Recognized by Captive Review in 2015 as one of the top 20 key influencers in the enterprise risk captive industry.
Create an Asset – Assign Value to uninsured risk through the use of a Captive Insurance Company.
***Register Now***