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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
CPE Credits 1.0 hour
Subject Area 1.0 - Specialized Knowledge
CE Credits 0.0 hours
Course Level Basic
Instructional Method Group Internet Based
Prerequisites None
Advanced Preparation None
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, learn about best alternative risk transfer practices for true insurance purposes

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

Linkedin

Mark Sims

Captive Alternatives LLC
President – Global Business Development
msims@captivealternatives.com
(404) 823-6200

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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.

Frequently Asked Questions
  • To receive CPE credit, you must register for the webinar before it starts.
  • CPE is available to all eligible participants within 24 hours of each webinar.
  • To receive CPE for multiple attendees, at least one person must sign up for the webinar. The post-webinar email contains a link to instructions for the proctor letter. Alternatively, you may log in to your account following the webinar and click on the MY ACCOUNT button to find a link to instructions. For paid courses, payment needs to be made for each attendee before credit will be issued.
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NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

About Our Presenter

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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.