Many companies self-insure and don’t create captive insurance companies. They’re only allowed to deduct the actual claims. A captive insurance company can deduct the company funding, negotiate direct with reinsurance companies and profit from the difference between claims and premium. Nationally recognized captive insurance company expert, Wes Sierk, ChFC, ACI, ARM is interviewed in this video blog.
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Steve Savant is the host of the daily producer show, Let’s Get Down to Business, and the weekly consumer show, Steve Savant’s Money, the Name of the Game. Both shows are sponsored by Ash Brokerage. Steve is the number one online author and videographer of insurance content. During his 30-year... More