Content Provider
Transparentlogo
Handout Materials
Presentation Slides
Additional Materials
Webinar Technical FAQs
Free cpe webinars
What Advisors Need to Know About Captive Insurance: Red Flags and Best Practices

WHAT ADVISORS NEED TO KNOW ABOUT CAPTIVE INSURANCE: RED FLAGS AND BEST PRACTICES

Cost Free
Presentation Length 1.0 hour

Recorded DateSeptember 22, 2020
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaSpecialized Knowledge
Course LevelBasic
Course Description

In light of the COVID-19 pandemic and hardening insurance market, business owners are realizing that enterprise risk management is more relevant and necessary than ever, yet, insurance captives still face significant scrutiny from the IRS. In this course, Mark Sims will discuss captive insurance and the issues the IRS has with such arrangements. Join us for: What Every Advisor Needs to Know About Captive Insurance: Red Flags and Best Practices, where we'll discuss these issues and more. Cut through the noise, find out what risk management models work for small and middle-market business owners in 2020 and why.
 
Learning Objectives: 


  • Identify top 10 “red flags” of problematic captive arrangements

  • In contrast to the red flags, determine best alternative risk transfer practices for true insurance purposes

  • Identify what the options are if you find yourself in a “red flag” captive arrangement

Not logged
PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
Linkedin

Mark Sims

Captive Alternatives LLC
President – Global Business Development
[email protected]
(404) 823-6200

Transparentlogo

Mark Sims is President of Global Business for Captive Alternatives, LLC. With more than 25 years of experience, Mark is an expert in the field of enterprise risk management and insurance consulting. In his role as President, Mark helps businesses insure catastrophic risk and employee benefit programs, converting premiums into financial assets through Private Insurance Companies. Since joining CapAlt in 2000, Mark has worked closely with tax attorneys, estate planning firms, family offices, and trusted advisors to create customized risk management solutions for HNW individuals and businesses owners across multiple sectors.
 
Mark is a charismatic and popular professional speaker who is regularly invited to speak to professional groups and associations throughout the country on the use of Private Insurance Companies for risk management, asset protection, wealth preservation and exit strategies. He is certified by the National Association of State Boards of Accountancy as a National Registry CPE Sponsor on the topics of Enterprise Risk Management and Insurance. He regularly provides industry-specific webinars and group live presentations to advisor groups and CPAs who want to learn more about the Private Insurance Company and the Puerto Rico domicile.
 
Mark is a graduate of Indiana University Bloomington. He is an active member of the Captive Insurance Companies Association and sits on the Captive Committee of the Self Insurance Institute of America.

About Our Presenter

Transparentlogo
Captive Alternatives is an insurance consultancy that helps business owners convert their insurance premiums into financial assets that can be grown and tapped for their benefit.

CapAlt’s pioneering risk management strategy, Private Insurance, enables businesses and organizations to self-insure selected risks, transfer high exposure to third parties, and financially reward themselves for effective risk management.

As a result, CapAlt clients build wealth to help protect and assure their future. CapAlt manages Private Insurance operations from their offices in Atlanta and Puerto Rico.