Podcasts about captive insurance

When should an organization seriously consider forming a captive insurance company—and when is it better to wait? In this Captive Insurance 101 episode of The Edge of Risk Podcast by IRMI, Joel Appelbaum speaks with T.J. Scherer, vice president at Spring Consulting Group, about the practical questions organizations should ask before pursuing a captive. The discussion explains what typically prompts companies to explore alternative risk financing, how to distinguish common misconceptions from legitimate opportunities, and why the decision extends far beyond premium size alone. T.J. also walks through the key elements of a captive feasibility evaluation, including total cost of risk, capital requirements, organizational readiness, leadership alignment, and long-term business strategy. Listeners will learn why captives are strategic risk management tools rather than quick cost-saving solutions, how organizations should think about group versus single-parent structures, and what a typical feasibility study can—and cannot—tell decision-makers before moving forward.

In this episode of the Power Producers Podcast, David Carothers sits down with IIlia Pinchuk, founder of Diceus, to discuss how technology is reshaping the captive insuranceindustry. While many conversations around captives focus onstructure, underwriting, ortax strategy, this discussion centers on the operational side of running a successfulcaptive. IIlia explains how captive managers and captive owners can replace spreadsheets anddisconnected systems with integrated technology that automates policy administration,claims management, financial reporting, data organization, and customer portals. Theconversation also explores the growing role of artificial intelligence, data analytics, andautomation in improving underwriting decisions, increasing operational efficiency, andmaking captive insurance accessible to a broader segment of the middle market.David closes by emphasizing that technology should never replace expertise—it shouldfree insurance professionals to spend more timeadvising clients, building relationships,and solving business problems. Connect with:  ⁠⁠⁠David Carothers LinkedIn⁠⁠⁠⁠⁠⁠⁠  ⁠⁠Illia Pinchuk Linkedin ⁠ Visit Websites:  Diceus ⁠⁠⁠⁠⁠⁠⁠Killing Commercial⁠⁠⁠⁠⁠⁠⁠  ⁠⁠⁠⁠⁠⁠⁠Crushing Content⁠⁠⁠⁠⁠⁠⁠  ⁠⁠⁠⁠⁠⁠⁠Power Producers Podcast⁠⁠⁠⁠⁠⁠⁠  ⁠⁠⁠⁠⁠⁠⁠Policytee⁠⁠⁠⁠⁠⁠⁠  ⁠⁠⁠⁠⁠⁠⁠The Dirty 130⁠⁠⁠⁠⁠⁠⁠  ⁠⁠⁠⁠⁠⁠⁠The Extra 2 Minute⁠⁠⁠⁠⁠⁠⁠   

In this episode, Michael Blank sits down with Nicolas Lares, founder and CEO of Insur3Tech, to tackle one of the biggest challenges facing real estate investors today: skyrocketing insurance costs. Nicolas shares how his experience building innovative insurance solutions for Amazon's logistics network led him to create a group captive insurance model that gives real estate investors—from single-family landlords to large multifamily operators—more control over one of their fastest-growing expenses. They discuss why insurance premiums continue to rise, how captive insurance works, and why this alternative model can reduce costs, improve coverage, and even generate profit distributions for policyholders. If you're looking for practical ways to protect your portfolio and improve cash flow, this episode offers a fresh perspective on an often-overlooked wealth-building strategy.Key TakeawaysTraditional Insurance Is Becoming a Major Threat to Cash FlowRising premiums, reduced coverage, and increasing claims costs are making insurance one of the biggest challenges for real estate investors today.Captive Insurance Gives Investors More ControlBy joining a group captive, investors become part owners of the insurance company, allowing them to potentially lower costs while sharing in the company's profits.Smaller Investors Can Now Access a Strategy Once Reserved for InstitutionsGroup captives make it possible for investors with just a few rental properties to benefit from a model that was traditionally only available to large portfolio owners.Lower Claims Lead to Lower Long-Term CostsCaptive insurance aligns incentives by rewarding responsible owners who actively manage risk instead of encouraging unnecessary claims.Strong Underwriting Protects the Entire GroupCareful member selection, property inspections, and ongoing risk management help create a healthier insurance pool and more predictable results.Creative Solutions Can Strengthen Your Investing BusinessExploring alternatives like captive insurance can help investors protect NOI, improve long-term profitability, and build more resilient real estate portfolios.Connect with our Deal Maker PartnersCheck out all Partners hereAttorney - Swafford Law LLC Mentor - Deal Maker MentoringResourcesConnect with Michael BlankTheFreedomPodcast.com Join the Deal Maker MastermindExplore Michael's Mentoring ProgramReview the Podcast on Apple PodcastsGet the Syndicated Deal AnalyzerGet the Book, Financial Freedom with Real Estate Investing by Michael Blank For full episode show notes visit: https://themichaelblank.com/podcasts/session530/

Artificial intelligence (AI) is rapidly changing how captive insurance companies and risk retention groups operate, but where does it create the greatest value, and where should human expertise remain firmly in control? In this episode of The Edge of Risk Podcast by IRMI, Joel Appelbaum is joined by Julie Bordo, president and CEO of PCH Mutual Insurance Company, a Vermont-domiciled healthcare risk retention group serving assisted living and personal care homes across the United States. Julie explains how her organization has used AI to improve claims administration, underwriting workflows, legal operations, and member services while maintaining strong governance and regulatory oversight. The conversation explores how a lean captive organization can use AI to automate repetitive work, summarize complex claims files, enhance operational efficiency, and free staff to focus on strategy and risk management rather than administrative tasks. Julie also discusses why AI should be viewed as a collaborative assistant rather than a replacement for human judgment. She shares practical guidance on AI governance, cyber security, prompt validation, and organizational policies, while offering advice for captive owners and risk retention groups looking to adopt AI responsibly. The discussion also provides valuable background on how risk retention groups operate within the captive insurance industry and why their collaborative structure supports innovation and specialized risk management.

Self-procurement tax is an often overlooked aspect of captive insurance that can create significant compliance and financial implications if not properly addressed. In this episode of The Edge of Risk Podcast by IRMI, host Joel Appelbaum is joined by Allan Autry, CPA and partner at Johnson Lambert, to explore when self-procurement tax applies, why it exists, and how it affects organizations using captive insurance companies. Allan explains the distinction between premium tax and self-procurement tax, discusses the impact of the Nonadmitted and Reinsurance Reform Act, and outlines how an insured's home state is determined for tax purposes. The conversation also examines common misconceptions surrounding self-procurement tax, practical compliance considerations, and the challenges organizations face when operating across multiple jurisdictions. Allan shares insights on how self-procurement tax can influence captive domicile decisions, why it should be included in feasibility studies, and how fronting arrangements may alter tax obligations. The discussion concludes with a look at increasing state enforcement activity and steps captive owners and risk managers can take to stay ahead of potential compliance exposures.

In this episode of The Edge of Risk Podcast by IRMI, Joel Appelbaum speaks with Cherie Baker, vice president of enterprise risk management at Ilitch Companies, about how captive insurance can serve as a strategic tool for managing risk, deploying capital, and supporting business growth. Ms. Baker shares her career journey through brokerage, healthcare, automotive, and enterprise risk management, and explains how Tenda, the organization's captive insurer, has evolved from its original employee benefits focus into a broader risk financing vehicle supporting multiple lines of coverage. The conversation explores how Tenda utilizes both the Michigan and Cayman domiciles, works alongside commercial insurers and reinsurers, and evaluates opportunities across health, property, casualty, management liability, executive life, and other emerging risks. Ms. Baker discusses the importance of aligning captive strategy with organizational objectives, building relationships across diverse business units, and continuously reassessing captive utilization as market conditions change. She also shares insights into the role of entrepreneurship in captive innovation, the value of industry involvement through Captive Insurance Companies Association and Amplify Women, and why organizations should regularly revisit how their captives can support evolving and interconnected risks.

Health insurance is one of the largest expenses on the P&L, but for most businesses it remains a complete black box. In this episode, we hear from Erin Butler from BevCap to unpack how employer health insurance really works, why costs keep rising, and how captive insurance arrangements are giving companies a way to take control. Learn how businesses are reducing healthcare spend by 20–40% while improving employee benefits. You'll also hear a case study of a beer wholesaler saving more than $1 million annually with a captive arrangement. Key Takeaways:Why health insurance deserves the same financial discipline and cost management as any other major operating expense.What captive health insurance is and how it differs from traditional fully insured plans.How employers can create more transparency and control over healthcare costs.The types of businesses that tend to benefit most from a captive approach (and who may not).A real-world case study showing how one beer wholesaler saved over $1 million per year while improving employee benefits.ResourcesConnect with Erin from BevCap, ebutler@bevcapmanagement.comGet the Beer Wholesaler Profit Brief - tactics, strategies and best practices to run a more profitable beer business

In this episode of The Edge of Risk Podcast by IRMI, host Joel Appelbaum speaks with Donny Tong, senior vice president at Truist Bank, about the role of reinsurance trusts—also referred to as "collateral" trusts—in captive insurance programs. The discussion explores how these trust structures function as collateral mechanisms between captives, fronting insurers, and reinsurers, including the operational mechanics behind trust agreements, eligible assets, withdrawal rights, and trustee responsibilities. Mr. Tong explains why many fronting insurers increasingly favor trust arrangements over letters of credit due to their operational simplicity, streamlined administration, and ability to provide ongoing visibility into collateral assets. The conversation also examines how reinsurance trusts compare with other collateral options such as letters of credit and funds withheld arrangements. Topics include investment flexibility within trust accounts, liquidity considerations, balance sheet treatment, multibeneficiary and multicell trust structures, and the growing demand for master trust frameworks. Mr. Tong also shares perspectives on how market conditions, liquidity pressures, and rising letter-of-credit costs may continue driving adoption of collateral trusts across the captive insurance industry in the years ahead.

Landlord insurance has slowly become a major cost for many operators. After 2020, insurance prices began to rise rapidly, and making a claim became even harder when disaster struck. For many operators, it feels like throwing tens of thousands, if not hundreds of thousands of dollars, into the furnace every year, for a benefit you'll rarely use. And who stands to profit from it? Insurance companies. But an overlooked insurance structure is becoming increasingly common among operators, saving them 20% on their premium costs and sometimes even making them a profit on insuring their properties.  Nicolas Lares, CEO of Insur3Tech, worked as an insurance agent for years before ever hearing of "captive insurance” or “risk pooling.” When the small businesses he was tasked with insuring were being priced out so badly they could barely operate, he began building alternative structures, all federally backstopped, but without the middlemen.  Now, Nicolas's clients are profiting from their insurance investment, getting premiums on average 20% lower, and getting claims paid out in a matter of days, not weeks.  How would your NOI improve if one of your greatest costs became a profit driver? Insights from today's episode: The “risk pooling” insurance model that drops your insurance cost significantly  How to get paid to pay your premium (the insurance company actually pays Nicolas's clients) Who can (and should) opt for "captive insurance” instead of the traditional route   The real reason why your landlord insurance premium is so high (it's making insurance companies billions) How do these alternative providers make money without baking in a profit margin?  — Connect with Nicolas on LinkedIn Insur3Tech Recommended Resources: Accredited Investors, you're invited to Join the Cash Flow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club! If you're a high-net-worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.  Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.  Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast. 00:00 Insurance Is Broken in 2026 03:40 They're Making Billions off of Us 06:19 Cutting Out the Middlemen 11:58 The Insurance "Pool" Structure 16:23 Getting Paid to Insure Your Property 19:33 Who Can (and Should) Do This? 26:28 How Do THESE Providers Make Money? 31:15 Work with Nicolas!

Recorded live at the Captive Insurance Companies Association 2026 International Conference, this episode of The Edge of Risk Podcast by IRMI features Kristen Lawler discussing one of the most closely watched captive insurance tax decisions in recent years: the 2025 CFM Insurance Tax Court memorandum opinion. Drawing from her recent article in IRMI's publication Captive Insurance Company Reports, Ms. Lawler explains how the case highlights the growing importance of operational discipline, governance, documentation, pricing support, and claims handling in determining whether a captive arrangement qualifies as insurance for federal tax purposes. The discussion explores the "commonly accepted notions" prong of the four-part insurance test and why it has become an increasingly significant focus of Internal Revenue Service scrutiny and Tax Court analysis. Ms. Lawler examines how the court evaluated risk distribution, premium practices, policy issuance, and state licensure issues under the McCarran-Ferguson framework, while also outlining practical questions captive owners should be asking their advisers today. The episode offers timely insight for captive owners, tax professionals, actuaries, and risk managers seeking to better understand how operational rigor and economic substance continue to shape the captive insurance landscape.

Recorded live at the Captive Insurance Companies Association 2026 International Conference, this episode of The Edge of Risk Podcast by IRMI explores how artificial intelligence (AI) is moving beyond industry hype and into practical application within captive insurance programs. Joel Appelbaum is joined by Steven Bauman of AXA XL to examine where AI is already delivering measurable value—from underwriting support and claims analytics to operational efficiency and reporting enhancements—while also addressing the critical importance of data readiness and governance. The discussion also expands into emerging risks, including the distinction between autonomous vehicles and broader autonomous mobility systems, and how these evolving exposures may reshape captive structures, capital strategies, and risk retention approaches. Mr. Bauman highlights the role of captives as incubators for emerging risks, particularly in environments where loss data is limited, and discusses how fronting insurers and regulatory considerations may evolve alongside these technologies.

Most operators think insurance is about protection. Buy a policy, transfer the risk, move on. But what if that model is quietly draining your margins instead of protecting them? Because here's the reality: in aviation, it's not the catastrophic losses that kill your business; it's everything else.  The unexpected maintenance event that isn't covered. The operational hiccups you don't want to claim. The hangar rash that never makes it to a claim, and you just absorb it. The constant, low-level financial hits that feel too small to insure but too frequent to ignore. Over time, it's death by a thousand cuts, and traditional insurance was never built to solve that. What's starting to emerge instead is a different mindset: stop thinking of insurance purely as a cost center, and start treating it as a financial strategy. Not to replace the traditional market, but to take back control of everything it leaves behind.  Because when you structure it right, the same dollars you're used to losing can actually compound back into your business, building reserves, improving margins, and turning risk management into a profit lever instead of a drain. That's exactly what captive insurance allows operators to do: take control of the risks traditional aviation insurance won't cover and structure them in a way that actually works for the business. John C. Averill and Andy Shuttleworth are two experts working at the intersection of aviation risk and captive insurance.  In this episode, we talk about how operators can formalize self-insurance, why most people misunderstand what captives actually are, and how some businesses are quietly using them to retain profits, smooth volatility, and build long-term financial resilience.   You'll also learn; Why the real financial pressure in aviation doesn't come from where most operators think What actually sits outside traditional aviation insurance and why it matters more than it seems The shift from transferring risk to structuring it How some operators are starting to take control of costs they've always absorbed Why certain risks never make it into a policy and what can be done about them The difference between reacting to losses and designing for them Why the most sophisticated companies approach insurance very differently What changes when risk starts to show up on your balance sheet instead of someone else's How to think about control, claims, and costs in a completely different way Why this isn't a short-term fix, and what happens if you commit to it Where this approach extends beyond aviation into broader operational risk The biggest misconception about captives and why most people misunderstand them   About the Guests  John C. Averill is a Senior Vice President and risk advisor specializing in aviation, aerospace, and defense. His work sits at the intersection of operational risk, insurance, and legal frameworks, allowing him to design highly tailored solutions for complex exposures that traditional brokerage models often miss. With additional expertise in professional liability and environmental underwriting, John brings a broader, more integrated lens to risk, helping operators structure programs that go beyond standard coverage. He is part of a senior-level team with over 100 years of combined experience in insurance and risk management, including more than 50 years focused specifically on aerospace. Connect with John on LinkedIn.  Andy Shuttleworth is a Risk Management and Regulatory Compliance Consultant and the founder of Core Resilience LLC. With over 35 years of experience across federal and state agencies, he brings a deeply practical understanding of how risk, compliance, and operations intersect. Andy works with businesses to assess and strengthen their regulatory compliance, threat mitigation, and risk management strategies, offering an independent, unbiased perspective on where systems break down and how to improve them. His focus is on helping organizations protect not just their assets, but their long-term operational resilience and reputation. Connect with Andy on LinkedIn.  About Your Host Craig Picken is an Executive Recruiter, writer, speaker, and ICF Trained Executive Coach. He is focused on recruiting senior-level leadership, sales, and operations executives in the aviation and aerospace industry. His clients include premier OEMs, aircraft operators, leasing/financial organizations, and Maintenance/Repair/Overhaul (MRO) providers, and since 2008, he has personally concluded more than 400 executive-level searches in a variety of disciplines. Craig is the ONLY industry executive recruiter who has professionally flown airplanes, sold airplanes, and successfully run a P&L in the aviation industry. His professional career started with a passion for airplanes. After eight years' experience as a decorated Naval Flight Officer – with more than 100 combat missions, 2,000 hours of flight time, and 325 aircraft carrier landings – Craig sought challenges in business aviation, where he spent more than 7 years in sales with both Gulfstream Aircraft and Bombardier Business Aircraft. Craig is also a sought-after industry speaker who has presented at Corporate Jet Investor, International Aviation Women's Association, and SOCAL Aviation Association.    For more aerospace industry news & commentary: https://craigpicken.com/insights/.  To learn more about Craig Picken, visit https://craigpicken.com/. 

Recorded live at the Captive Insurance Companies Association Conference, this episode of The Edge of Risk Podcast by IRMI features Victoria Fimea, chief captive analyst with the Arizona Department of Insurance and Financial Institutions. Ms. Fimea discusses the continued growth of Arizona's captive insurance program, emphasizing the state's measured, quality-driven approach and its collaborative ecosystem of regulators and service providers. The conversation explores trends in captive formation, including the rise of first-time owners and evolving use cases as captives become more integrated into broader enterprise strategy. Ms. Fimea also outlines what regulators look for in strong business plans, common areas where applicants underestimate governance and operational requirements, and the importance of communication, compliance, and experienced advisers. She further shares how Arizona balances accessibility with analytical rigor and what the future may hold for the domicile's continued development.

Recorded live at the Captive Insurance Companies Association Conference, this episode of The Edge of Risk Podcast by IRMI features Stephen Taylor, director of the Bureau of Captive and Financial Insurance Products at the Delaware Department of Insurance. Mr. Taylor discusses Delaware's regulatory philosophy, highlighting a balance of flexibility, efficiency, and innovation supported by a collaborative and responsive oversight framework designed to meet evolving business needs. The conversation explores how regulators distinguish between thoughtful and reactive captive evolution, with a focus on governance, capital adequacy, and alignment with enterprise risk strategy. Mr. Taylor outlines key regulatory priorities, including solvency oversight, compliance with approved plans of operation, and additional scrutiny for certain captive structures. He also provides practical guidance on effective communication with regulators and emphasizes the importance of deliberate planning, strong governance frameworks, and consistency between strategy and execution.

Recorded live at the Captive Insurance Companies Association Conference, this episode of The Edge of Risk Podcast by IRMI features Christine Brown, deputy commissioner of the Captive Insurance Division at the Vermont Department of Financial Regulation. Ms. Brown shares her perspective on regulating within one of the most established captive domiciles globally, emphasizing Vermont's long-standing focus on solvency, transparency, and maintaining the integrity of the captive insurance industry. The discussion explores how regulators evaluate expansion into new lines of coverage, the importance of early communication with regulators, and the critical role of governance in captive success Ms. Brown also outlines key areas of focus for captive owners in today's environment, including evolving risk exposures, policy exclusions, and claims handling practices, while offering insight into Vermont's continued leadership and collaborative role as the captive landscape grows more competitive.

What if your business could create its own insurance company, protect assets, and potentially reduce taxes?In this episode of the Know Your Numbers Podcast, Chris McCormack explores Captive Insurance, a powerful risk management and tax planning strategy used by many successful businesses. While large corporations have used captive insurance structures for years, more entrepreneurs are now discovering how this strategy can help manage risk, build reserves, and improve financial stability.In this conversation, you'll learn:• What captive insurance is and how it works• Why some businesses create their own insurance companies• How captive insurance can support risk management• Potential tax advantages of properly structured captives• Who captive insurance may be appropriate for• Common misconceptions about captive insurance strategiesIf you're a business owner, entrepreneur, or investor, understanding advanced risk and tax strategies like captive insurance could open new opportunities for protecting your company and building long-term financial strength.••••••••••••••••••••••••••••••••••••••••••••➤➤➤ To become a client, schedule a call with our team➤➤ https://www.betterbooksaccounting.co/contact••••••••••••••••••••••••••••••••••••••••••••Connect with Chris McCormack on Social MediaFacebook: https://www.facebook.com/chrismccormackcpaLinkedIn: https://www.linkedin.com/in/chrismccormackcpaInstagram: https://www.instagram.com/chrismccormackcpaJoin our Facebook Group: https://www.facebook.com/groups/6384369318328034→ → → SUBSCRIBE TO BETTER BOOKS' YOUTUBE CHANNEL NOW ← ← ← https://www.youtube.com/@chrismccormackcpaThe Know Your Numbers REI podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.

In March's VermontBiz we turn the spotlight on Vermont Banking. Vermont's financial sector enters 2026 navigating one of the most complex operating environments in recent memory. Challenges include housing scarcity, rate uncertainty, commercial demand, and a fiercely competitive landscape. We also look at Serve, Earn, Learn - a paid service learning collaborative designed to encourage high school seniors to explore paid service as a path to economic opportunity. VermontBiz' Windsor County economic report sees stability, strain and strategic opportunity, with healthcare costs and property taxes becoming an increasing burden. And finally, we fill you in on Vermont's Captive Insurance industry. It enters 2026 with renewed leadership, strong legislative alignment, and is coming off one of its best growth years on record. All this and more is in the March Issue of VermontBiz. Celebrating more than 50 years of Serious Business...Serious News. For a subscription, call 802-863-8038 or go to vermontbiz.com/subscribe.

In this episode of The Edge of Risk Podcast by IRMI, Joel Appelbaum welcomes Ian Davis, president of the Vermont Captive Insurance Association (VCIA), for a detailed discussion on how captive insurance advocacy works in practice. Building on a prior conversation about Vermont's legislative framework, this episode focuses on VCIA's state and federal engagement efforts—including Vermont Legislative Day and Hill Day in Washington, DC—and what captive owners, managers, and service providers should be tracking in today's regulatory environment. Mr. Davis explains how VCIA sets advocacy priorities, collaborates with regulators, and proactively engages policymakers on issues such as Terrorism Risk Insurance Act reauthorization, National Association of Insurance Commissioners model law discussions, federal tax developments, and emerging regulatory concerns. The conversation highlights how education, relationship-building, and real-world captive owner participation shape effective advocacy—and why staying informed early is critical for the broader captive community.

In this episode, Brent explains how captive insurance can be used as a strategic tax tool for business owners. He discusses how creating your own insurance company may allow you to deduct premiums, reduce taxes, and build a reserve for business risks while potentially benefiting from favorable tax treatment when funds are distributed later. __________________________________________________________________________________ Do you want access to the videos, drawings, templates, tools, and be able to get your questions answered on the live calls or in the community? We'd love to have you join the Wealth Game basics today to get some additional free resources, videos, and tools: Visit www.wealthgame.io For specific one on one, or group support for tax planning, strategy, tax preparation, bookkeeping, accounting, or other CPA firm related services, we recommend going to www.bementcompany.com to connected with our team of CPAs and professionals. Thank you for listening to another episode of the Wealth Game Podcast. The goal is to get informal yet actionable advice directly to business owners and investors. The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes. For additional information and links to all available platforms please visit our website at www.wealthgame.io Contact Us: Websites: www.wealthgame.io www.bementcompany.com You can also stream The Wealth Game on: Spotify: https://open.spotify.com/show/5vKCgwK9K7zw1FrXoNAdoh?si=b95d0293bb4b41ad Apple Podcasts: https://podcasts.apple.com/us/podcast/wealth-game/id1638735155 Connect with Brent Bement: LinkedIn: www.linkedin.com/in/brentbement X: https://x.com/brentbement Instagram: https://www.instagram.com/brentbement/

In the latest episode of “Tax Stuff You Should Know,” hosts Bob Pluth and Gene Magidenko unpack the CFM Insurance decision, spotlighting the complexities of captive insurance arrangements and the Internal Revenue Service's (IRS) scrutiny of them. They underscore the importance of tax planning needing to correspond with economic and substantive reality, the audit risks, including those tied to refund claims, and the implications of the IRS' Dirty Dozen list. The discussion also stresses the importance of meticulous documentation and legal compliance, and notes that reliance on qualified professional advice can help mitigate penalties. Takeaways - Captive insurance companies must operate as bona fide insurance providers. - The IRS continues to flag certain planning strategies as high risk. - Taxpayers must maintain thorough documentation and comply with legal requirements. - Courts focus on the substance of a transaction or structure rather than its form. - Good-faith reliance on competent tax advice may mitigate penalties. - Arrangements that promise outsized tax benefits warrant skepticism.

Artificial intelligence (AI) has become an increasingly important topic across insurance, but its implications for captive insurance and actuarial work are still taking shape. In this episode of The Edge of Risk podcast by IRMI, Steven Abel and Jason Abril of Oliver Wyman share an actuarial and technology-driven perspective on how AI is influencing insurance analytics, data governance, and risk decision-making. The discussion explores how machine learning has long been part of actuarial toolkits, while newer AI technologies are accelerating workflow automation, data enrichment, and analytical insight generation. The conversation also examines how captives differ from commercial insurers in their AI use cases, particularly given differences in scale, mission, and access to actuarial resources. Mr. Abel and Mr. Abril address transparency concerns around AI models, emphasizing governance, documentation, and human oversight. Looking ahead, they outline why AI literacy—rather than deep technical specialization—may become a critical skill for actuaries and captive professionals as advanced analytics continue to reshape risk financing strategies.

Kanika Thukral and Konstantin Langowski, both of AM Best, said captive criteria revisions clarify analytical language without impacting existing ratings. Both spoke with AM Best TV at AM Best's Europe Insurance Market & Methodology Briefings – London.

Jim Whitesides is based in St. Louis Missouri. On today's show we are talking about the use of a captive insurance company to save a bundle on insurance and to lower your tax exposure. This is an extremely informative conversation. To connect with Jim, visit sound-tract.com or call him directly at 314-363-9659 .--------------**Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)   iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)   Website: [www.victorjm.com](http://www.victorjm.com)   LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)   YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)   Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)   Email: [podcast@victorjm.com](mailto:podcast@victorjm.com)  **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com)   Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)   Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)  

Letters of credit remain the most widely used form of collateral in captive insurance programs, valued for their reliability, simplicity, and universal acceptance by fronting insurers and regulators. In this episode of The Edge of Risk Podcast by IRMI, host Joel Appelbaum speaks with Marty Ellis of Comerica Bank about how letters of credit function behind the scenes, from application through draw procedures, and why features such as evergreen clauses and irrevocability are central to maintaining confidence on all sides of a captive program. The discussion also examines how letters of credit compare with trust accounts and cash collateral in terms of cost, liquidity, and investment flexibility. Special attention is given to how group captives use back-to-back letter of credit structures and how banking regulations may influence future pricing and collateral requirements. Together, these insights provide a practical look at why letters of credit continue to anchor collateral strategies in the captive insurance market.

Welcome to Insurance Covered, the podcast that covers everything insurance.In this conversation, Peter Mansfield and Caroline Wagstaff discuss the concept of captive insurance, its benefits, and the current efforts to establish a captive insurance market in London. Caroline shares insights on the regulatory landscape, the historical context of captives, and the potential for growth in the UK market. They also touch on government support and the importance of creating a competitive environment for captives in London.We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release. Hosted on Acast. See acast.com/privacy for more information.

In this episode of The Edge of Risk podcast by IRMI, host Joel Appelbaum, chief content officer at IRMI and Captive.com, is joined by Samantha Poulin, associate actuary, and Craig Brophy, principal and consulting actuary, both with Milliman, to discuss governance best practices for captive insurance companies from an actuarial perspective. Together, they explore how captive boards can strengthen governance through regular strategic reviews, clear communication with service providers, and ongoing education. The conversation covers key topics including aligning captive strategy with organizational goals, evaluating capital and coverage decisions, seeking independent actuarial opinions, and using actuarial data to guide operational and investment initiatives. Ms. Poulin and Mr. Brophy also share actionable steps boards can take over the next year to enhance oversight and ensure their captives remain resilient, data-driven, and strategically aligned.

As the year-end approaches, captive insurance companies face a complex checklist—from renewals and actuarial reporting to audits, governance, and board preparation. In this episode of The Edge of Risk podcast by IRMI, host Joel Appelbaum, chief content officer of IRMI and Captive.com, brings together a distinguished panel to share practical guidance on how to streamline every stage of the process. Guests Kim Guerriero of Milliman, Alex Murray of Johnson Lambert, Claire Richardson of Hylant, and Dave Williams of Father Flanagan's Boys Home discuss key insights on policy renewals, strategy meetings, and regulatory compliance. They highlight how clear communication, proactive planning, and strong coordination among actuaries, auditors, captive managers, and boards can ensure a smooth and compliant close to the year. Whether you're a new captive owner or an experienced executive, this episode offers actionable takeaways for achieving efficiency and excellence in your captive's annual cycle.

Gold prices are soaring, private equity is unraveling, and data centers have become the next speculative frontier. Beneath all of it lies a simple question: what happens when faith in liquidity, stability, and infinite growth begins to fray? From central banks hoarding bullion to insurers gambling on AI infrastructure, the same story unfolds—risk disguised as resilience. And somewhere between coffee tariffs and capital flows, you can glimpse the new shape of a global economy learning to live without certainty.--Timestamps:(00:00) - Introduction(01:03) - Catch-Up and Current Events(02:09) - Gold Market Analysis(08:40) - Global Currency Dynamics(17:42) - US Gold Reserves and Fiscal Policy(25:24) - Podcast Wrap-Up and Listener Engagement(26:25) - Urgent Financial News: Private Equity and Insurance Capital(27:57) - Private Equity's Desperation for Retail Investors(28:33) - The Volatility Spiral and Liquidity Crisis(31:43) - Private Equity's Leverage on Captive Insurance(32:48) - The Data Center Investment Bubble(41:23) - AI Demand and Data Center Overcapacity(48:52) - The Future of Energy Prices and AI(50:45) - Rising Coffee Prices and Tariff Impacts(57:19) - The Global Trade System and Commodity Markets(01:00:05) - Conclusion: The State of Global Markets--Referenced in the Show:--Jacob Shapiro Site: jacobshapiro.comJacob Shapiro LinkedIn: linkedin.com/in/jacob-l-s-a9337416Jacob Twitter: x.com/JacobShapJacob Shapiro Substack: jashap.substack.com/subscribe --The Jacob Shapiro Show is produced and edited by Audiographies LLC. More information at audiographies.com --Jacob Shapiro is a speaker, consultant, author, and researcher covering global politics and affairs, economics, markets, technology, history, and culture. He speaks to audiences of all sizes around the world, helps global multinationals make strategic decisions about political risks and opportunities, and works directly with investors to grow and protect their assets in today's volatile global environment. His insights help audiences across industries like finance, agriculture, and energy make sense of the world.--This podcast uses the following third-party services for analysis: Podtrac - https://analytics.podtrac.com/privacy-policy-gdrp

Show Highlights: What's captive insurance, and how does it work? [05:13] Control over risk attracting agribusinesses to captives. [07:18] How captives offer an underwriting income opportunity. [08:58] Financial and tax benefits in captives compared to self-insurance. [12:54] Get to know TrueNorth Companies and their unique strengths. [16:43] Rural risk factors in ag and insurance market challenges. [20:20] Understand the real costs involved in deductibles. [28:45] How are evolving market cycles redefining co-op insurance? [32:29] Analyze your “total cost of risk” beyond premiums. [39:08] Why partnering with a proactive, consultative broker matters. [42:32] Explore TrueNorth Companies at https://truenorthcompanies.com/. Find Lane Danielsen at LinkedIn at https://www.linkedin.com/in/lane-danielsen-99675456/. Lane can also be reached via email at ldanielsen@truenorthcompanies.com. To connect with Jonathan Stark on LinkedIn, go to https://www.linkedin.com/in/jonathan-stark-649865b7/. If you are interested in connecting with Joe, go to LinkedIn: https://www.linkedin.com/in/joemosher/, or schedule a call at www.moshercg.com.  

In this Academy of Insurance aftershow, host George Jack sits down with instructor Michael Koscielny to unpack his class, Captive Insurance and the Ethics Equation: A Framework for … Read More » The post Integrity in a Complex Risk Landscape | IJA Aftershow: Michael Koscielny appeared first on Insurance Journal TV.

In this episode of The Edge of Risk podcast by IRMI, host Joel Appelbaum welcomes Courtney Boles, director of operations at Management Services International (MSI), one of the largest captive managers in North Carolina. Courtney brings her unique perspective on how small businesses can harness organizational alignment to maximize the success of their captive insurance programs. Drawing on her experience in both commercial insurance and captive management, Courtney discusses the importance of identifying internal champions, demystifying the captive formation process, and addressing common skepticism among business owners and their advisers. She highlights the value of communication, education, and cultural buy-in as cornerstones of long-term alignment. The conversation also explores real-world examples of successful captives, strategies for balancing emerging risks with conservative growth, and the role of innovation—from parametric solutions to artificial intelligence-driven tools—in shaping the future of small-business captives.

In this episode of The Edge of Risk by IRMI, host Joel Appelbaum speaks with Dr. Marcus Schmalbach, CEO of RYSKEX, about a groundbreaking application of captive insurance and parametric risk transfer to support carbon sequestration. The discussion centers on the Arx Veritas project, which monetizes environmental restraint by leaving fossil fuels in the ground—turning unmined coal into a verifiable and tradable asset. Dr. Schmalbach explains how the captive structure, paired with blockchain-based verification, artificial intelligence, and satellite imagery, creates trust and financial credibility for this emerging asset class. The conversation explores how parametric triggers address complex, forward-looking risks, why third-party validation is essential, and how similar models could scale to oil, gas, and rare earth minerals. He also shares his perspective on the paradigm shift needed for risk professionals to work effectively in the evolving carbon economy.

Send us a textMost business owners think of insurance as a necessary expense, but what if it could double as a tool to cut taxes? With a Section 831(b) captive insurance company, you can set aside pre-tax dollars to cover risks traditional insurance won't touch… All while building a financial safety net for your business. In this episode, Van Carlson, founder of SRA 831(b), explains how captives work, the types of risks they can cover, when it makes sense to use one, and how to stay compliant under IRS rules. 

In this episode of The Edge of Risk by IRMI, host Joel Appelbaum sits down with Joe Rosenberger, chief captive analyst at the North Carolina Department of Insurance, to discuss how one of the leading US captive domiciles is evolving to meet the needs of modern risk management. Mr. Rosenberger shares his journey into regulation, the key drivers behind North Carolina's growth, and how the state has positioned itself as a business-friendly but credible regulator. Listeners will gain insights into how the state balances responsiveness with oversight; how it's adapting to emerging risks like cyber and environmental, social, and governance; and why its consistent analyst engagement model sets it apart. Mr. Rosenberger also addresses trends in captive formations, provides a glimpse into potential innovations like crypto premium models, and outlines tech-forward priorities for improving efficiency and transparency.

Send us a textIn this episode of the Family Office Podcast, host Andrés Ospina sits down with Van Carlson, founder and CEO of SRA 831(b) Admin — the nation's leading administrator of 831(b) plans. With 25+ years of experience, Van unpacks how traditional insurance is failing today's business owners and reveals powerful, compliant strategies to self-insure risk using pre-tax dollars.You'll learn how smart risk management can:Help businesses weather economic stormsTurn tax liabilities into financial assetsFund deductibles, protect brand reputation & survive disruptionsProvide a competitive edge through 831(b) plansTimestamps 00:00 – Meet Van Carlson: Coast Guard vet turned insurance innovator01:37 – How the 2008 recession exposed traditional insurance gaps05:10 – What is an 831(b) plan and why was it created?06:40 – How 831(b) helps manage unfunded liabilities with pre-tax dollars08:58 – How 831(b) plans reduce tax burdens and boost financial stability13:01 – How 831(b) covers cyber risk, brand protection & supply chain risk19:38 – 831(b) vs. 401(k): tax implications & exit strategies21:31 – What business owners must understand before setting up an 831(b)26:01 – The future of risk management: what's coming next32:49 – Today's world is riskier — here's how to stay resilientWhether you're an investor, advisor, or entrepreneur, this episode offers real tools to protect what you've built and position your business for long-term success.

Stephen Cross, founding partner of McGill and Partners, CEO of McGill and Partners Europe, discusses the U.K. government's new captive-friendly regulations and their potential to boost London as a top global captive insurance hub.

In this episode of The Edge of Risk by IRMI, we explore one of the most complex and consequential aspects of captive insurance: tax qualification and compliance. Host Joel Appelbaum is joined by Allan Autry, CPA, and partner at Johnson Lambert, who brings deep experience advising hundreds of captive insurance companies across the country. Mr. Autry breaks down the essential criteria for qualifying as insurance for federal tax purposes, clarifying how those differ from regulatory requirements. The discussion covers key tax considerations in captive formation, the impact of entity type, and scenarios where tax qualification may not even be necessary. Mr. Autry also flags common pitfalls—from failing the risk distribution test to overlooking self-procurement tax—and shares thoughts on evolving tax strategies as captive insurance companies take on climate, cyber, and supply chain exposures. Whether you're involved in captive formation, management, or as an adviser, this episode offers actionable guidance on compliance, structure, and strategic planning.

In this episode of The Edge of Risk by IRMI, host Joel Appelbaum speaks with David Beyer, director of risk management at Alaska Airlines and board chair of ASA Assurance, Inc., the airline's Hawaii-based captive insurance company. David shares the story behind the creation of ASA Assurance, including why Hawaii was chosen as a captive insurance domicile and how long-term education efforts helped gain board approval. Listeners will learn how Alaska Airlines uses its captive insurer to manage a wide range of complex exposures—from workers compensation and aircraft damage to cyber liability and auto risk. David offers insights into how Alaska balances innovation with its conservative risk posture, including the use of artificial intelligence to analyze safety trends and avoid losses before they occur. He also touches on governance strategy, the role of third-party administrators, and key considerations for companies exploring a captive of their own. Whether you're in aviation, transportation, or simply curious about how captive insurance can transform enterprise risk management, this episode provides a grounded, strategic perspective from a seasoned captive owner.

In this episode of The Edge of Risk Podcast, host Joel Appelbaum speaks with Steven Bauman, head of global programs and captive practice for AXA XL in North America. With over 35 years in the insurance industry, Steven brings a depth of expertise on how multinational organizations can structure captives to navigate regulatory complexity, diversify risk, and support global growth strategies. The conversation covers best practices for aligning captive programs with parent company objectives, the importance of selecting the right partners, and how emerging risks—from cyber threats to climate exposures—are influencing the future of captive insurance. Steven also shares reflections on his long career and offers final advice for companies looking to launch or expand their global captive footprint.

In this episode of The Edge of Risk Podcast by IRMI, host Joel Appelbaum sits down with Jeremy Colombik, president of Management Services International (MSI), to explore how captive insurance can solve hard-to-place risk challenges. Drawing from over 2 decades of industry experience, Jeremy unpacks the advantages of integrating unrated and nonadmitted paper into captive structures, including cost efficiency, greater flexibility, and custom coverage solutions. The conversation dives deep into fronting arrangements, regulatory considerations, and the evolving use of captives across high-risk sectors. Whether it's environmental exposures, cyber liability, or excess layer risks, Jeremy explains how businesses can use captives to craft tailored strategies that go beyond what the traditional market offers. Tune in for insights on quarterbacking a successful captive, structuring reinsurance relationships, and ensuring compliance while building innovative programs that stand the test of time.

Dr. Cory Walters, associate professor in the Department of Agricultural Economics at UNL, joins to discuss a unique and potentially valuable tool for farm risk management —micro-captive insurance. This concept allows farm operations to manage risk and insurance costs in a more customized way while also presenting financial opportunities. But, as with any financial tool, micro-captives come with complexities, regulations, and risks that must be fully understood before implementation. More: https://cap.unl.edu/news/strategically-insuring-your-farm-rise-micro-captive-insurance/

In this episode of The Edge of Risk podcast, host Joel Appelbaum welcomes Andy Stoelting, senior director of insurance and risk management at Webcor, to discuss the evolution of Webcor's Hawaii-domiciled captive insurance company, Paramount Insurance, Inc. Andy shares his journey from insurance defense attorney to risk management leader and provides an inside look at how Paramount transitioned from a pure captive to a sponsored captive with protected cells. The discussion explores how Paramount supports Webcor and its affiliates in managing construction risks, including innovative uses of the captive to address unique challenges, such as a 10-year performance obligation for the University of California, Merced project. Andy also highlights the benefits of domiciling in Hawaii, the influence of Japanese governance from Webcor's parent company, Obayashi Corporation, and the strategic considerations for balancing captive utilization with opportunities in the commercial market. Whether you're in the construction industry or exploring captives as a risk management tool, this episode offers valuable insights into the power of captive insurance in a complex and evolving landscape.

The regulatory landscape for captive insurance in the European Union is evolving, with Solvency II amendments bringing significant changes to capital requirements, proportionality, and reporting obligations. In this episode, Joel Appelbaum, chief content officer at IRMI and Captive.com, sits down with Alex Gedge, senior captive consultant at Hylant, to discuss what these updates mean for captives and how organizations can adapt. Solvency II, introduced over a decade ago, was designed to enhance the financial stability of insurers operating within the European Union. However, its one-size-fits-all approach has long been a challenge for captives, which operate with distinct risk profiles compared to traditional insurers. The latest amendments introduce a more proportional regulatory framework, reducing capital burden and simplifying governance requirements for small and noncomplex undertakings. Alex provides insights into how captives can leverage these changes, including the benefits of the reduced cost-of-capital rate in risk margin calculations, strategies for adapting to evolving environmental, social, and governance regulations, and how captives can position themselves for long-term success in a shifting regulatory environment.

As Vice President of Operations at BLISCare, Maia Jarvis provides executive leadership for the company's MGU activities, spearheads product development, and oversees the ever-evolving BLISCare insurance management platform. With over 10 years of experience in the insurance industry (focused on creating innovative, niche solutions) and more than two decades of leadership under her belt, Maia has mastered the art of problem-solving and resource-wrangling. A key player in the launch of the BLISCare captive, Maia now serves on its Board of Directors. Maia earned her BA from the University of Portland and her MBA in IT Management from Western Governors University. She holds CPCU and ARe designations along with several Salesforce certifications; she is working on her ACI (Associate in Captive Insurance) certification. In this episode of In the Know, Chris Hampshire and Maia explore the niche products offered at BLISCare, how this captive was formed, and the many exciting careers that can be found in the insurance industry.   Key Takeaways   Maia's insurance career started, like so many, somewhat unintentionally. The offerings at BLISCare began with a problem that needed to be solved. Lessons learned as this niche bariatric program launched. Marketing this targeted product started with word of mouth and has expanded with the help of medical provider referrals. The benefits behind the decision to create this captive product. Maia's journey from executive assistant to establishing a captive product with alternative risk financing was successful, in part, because of her mentors. An overview of the benefits of earning CPCU, ARE, and ACI certifications. Maia's IT Management MBA helps her understand how to cultivate solutions in the insurance industry. The exciting role of IT in navigating industry pain points to find solutions. Maia's message to anyone who is considering an insurance career. A promising look at the five-year future of the insurance industry. Maia's motivating advice to her early-career self.  

In this episode of Impact Healthcare, host Lester Morales sits down with Phillip Holowka, COO of Complete Captive Management Services, to dive deep into the world of captive insurance. Together, they explore how captives empower employers to take control of their healthcare expenses, build equity, and improve employee benefits. Phillip shares his journey from EMS to the insurance industry, offering insights into why captives are a game-changer for businesses of all sizes. Whether you're a seasoned CFO or new to the concept, this episode provides a clear roadmap to understanding captives and their potential for revolutionizing your healthcare strategy. Key Takeaways:       Captive Insurance 101: Understand the difference between group captives, single-parent captives, and traditional insurance models. Control and Ownership: Learn why owning a captive puts you in charge of your healthcare dollars and policy language.        Risk Mitigation: Discover the importance of identifying and addressing high-cost claims to drive long-term savings.         Real-World Examples: Hear how employers, big and small, have leveraged captives to generate underwriting profits and reduce expenses.   Employee Impact: Learn how captives can align incentives, improve transparency, and enhance employee satisfaction. Actionable Insights: Captive insurance is more than a financial strateg it's a commitment to proactive risk management and long-term savings. Connect with Phillip Holowka: Visit completecaptive.com or connect with him on LinkedIn to explore if a captive is the right solution for your organization. Subscribe now and join the movement to disrupt the health benefits industry with innovative strategies and actionable insights!

Commercial Insurance: Protecting Your Business Legacy With Engaging Tips from an Insurance Specialist | The Mills Knows Bills Podcast Episode 37, Season 5 Link to video podcast episode: https://youtu.be/r2iIjRHSod0 Welcome to Season 5 of The MKB Podcast! Host Mills Bender, founder and CEO of Mills Knows Bills, discusses strategies for business owners and variable income earners to manage their finances effectively. Let's get to those burning financial questions! In this season premier episode, Mills welcomes Jeff Rountree, an expert in commercial insurance, to discuss the importance of insurance for business owners. They dive deep into the significant role that insurance plays in protecting businesses, especially those with variable incomes, and how it helps to mitigate risks. Jeff shares his extensive experience and explains various types of insurance coverages, including Employment Practices Liability Insurance (EPLI) and the innovative concept of Captive Insurance. The episode also covers practical advice for business owners on when to review insurance policies, how to handle new hires, and the considerable advantages of being proactive about insurance. With an engaging discussion and useful tips, this podcast is a must-listen for any business owner looking to safeguard their financial future. To connect with Jeff: Website: https://www.therountreeagency.com/ Office phone: 904.539.4637 Do you have your own burning financial question for Mills or the MKB team? Email: info@MillsKnowsBills.com Website: https://MillsKnowsBills.com Instagram: https://instagram.com/@millsknowsbills LinkedIn: https://www.linkedin.com/company/mills-knows-bills Subscribe to our YouTube channel for the latest from The Mills Knows Bills Podcast and MKB: https://youtube.com/@MillsKnowsBills 00:00 Introduction to The Mills Knows Bills Podcast 01:04 Season Kickoff and New Format 01:34 Guest Introduction: Jeff Rountree 01:53 Jeff's Journey into Insurance 04:47 Understanding Business Insurance 06:42 Common Insurance Mistakes 10:39 Advice for Business Owners 28:52 Captive Insurance Explained 34:51 Contact Information and Conclusion #financialpodcast #millsknowsbills #podcast #entrepreneurfinances #variableincome #insurance #commercialinsurance #businessinsurance

Amanda Crusie and Ash Patel discuss captive insurance with Jerry Messick, CEO of Unity Captive Solutions. They explore the concept of captive insurance, its mechanics, ideal clients, and the administrative aspects involved. Jerry emphasizes the importance of education in understanding captive insurance and highlights the challenges and risks associated with it. The conversation also touches on the future of captive insurance and the need for client education in navigating this complex field. Sponsors: Crystal View Capital Altra Running Learn more about your ad choices. Visit megaphone.fm/adchoices

Nick Hentges is CEO of Captive Resources, which represents over 6,700 shareholders in 48 member-owned casualty and medical stop loss group captives, with a total annual written premium of $4.7 billion. He has an extensive background in insurance company, brokerage, and captive consulting and management operations. As Captive CEO since 2022, Nick has presided over unprecedented growth in the company's casualty and medical stop loss group captive business. He has been instrumental in supporting the further development and expansion of the Risk Management and Insurance program at the University of Iowa. He has served on the Board of Directors of the Captive Insurance Companies Association (CICA) since 2021, and he holds a BBA degree with majors in Finance and Insurance from the University of Iowa and an MBA from Drake University. In this episode of In the Know, Chris Hampshire and Nick discuss the captive space and alternative risk transfer, the evolving buyer's journey, and the future of the insurance industry.   Key Takeaways   Nick's career journey from small-town Iowa to global captive leader. Opportunities that can be found in the captive space. Insights into the evolving buyer's journey. Growth at Captive Resources can be attributed to the education of both insurance buyers and brokers. Hiring and retaining great new talent starts with assembling a team that wants to serve the client. Questions that leaders ask when approached with new opportunities. The importance of planning for future transitions years in advance. Nick's take on addressing the retirement issue in the insurance industry. Possibilities in the five-year future of the insurance industry. Nick's encouraging advice to his early career self.   Quotes “Captive is an exciting and growing, dynamic field… that is going to change insurance.” “Growth at Captive Resources can be attributed to the education of both insurance buyers and brokers.” “The captive industry has exploded, and more and more people have heard of or know of captives.” “We have a retirement issue in the insurance industry. We've got to get young people into this industry.” “We cannot accomplish what we're hoping to do unless we are willing to change.”

On today's episode, Dr. Mark Costes sits down with Adam Marburger, co-founder of the Dental Protection Group, to dive into the innovative 831B captive insurance model transforming the dental industry. Adam explains how this program offers dental practices a win-win solution: improving patient retention, creating tax advantages, and providing an opportunity for substantial long-term savings. With parallels to the auto industry, this system leverages a portion of fees for reinvestment, offering significant financial benefits for fee-for-service practices. In the second half, Adam shares his journey to earning a Brazilian Jiu-Jitsu black belt, discussing the mental discipline and humility that translate seamlessly from the mat to business and life. From lessons in strategy to the therapy of physical challenge, Adam reveals how Jiu-Jitsu shaped him as an entrepreneur and a leader. Don't miss this dynamic conversation that blends cutting-edge business strategy with the life-changing philosophy of martial arts. EPISODE RESOURCES https://www.dentalprotectiongroup.com https://www.truedentalsuccess.com Dental Success Network Subscribe to The Dentalpreneur Podcast

Jarid creates and manages captive insurance firms for businesses in a range of industries such as construction, real estate, manufacturing, trucking, and finance. Jarid is a recognized expert in the implementation, design, and management of captive insurance and an insightful speaker on a range of topics. CONNECT WITH HIM https://www.riskmgmtadvisors.com/ Subscribe to this channel now!  https://www.youtube.com/user/lunidelouis/?sub_confirmation=1    ---------------------------------------------------- Join our exclusive Facebook group @ https://www.facebook.com/groups/339709559955223  --------------------------------------------------- Looking for accountability to do your morning routine -- join us tomorrow morning, it's FREE:   https://bestmorningroutineever.com/  ----------------------------------------­­­­­­­-------------