Captive Growth CIC Services has a track record of forming and managing captive insurance structures for small to mid-size businesses, with recent expansion into Utah and specific industry programs. This suggests opportunities to cross-sell additional captive formations, expand into new domiciles, and introduce group captive or industry-specific programs to similar client profiles.
Leadership Moves Recent leadership changes include a promotion to VP of captive operations and a departure of a managing director who is launching a new consulting venture. This indicates potential openings in executive-aligned services, advisory support, and strategic partnerships to secure clients during leadership transitions.
Industry Focus New group captive programs targeted at restaurants and bars and a Utah-domiciled captive indicate a strategy focused on hospitality and niche markets. This opens sales opportunities to adjacent operators in hospitality, nightlife, and service sectors seeking risk management and tax-efficient structures.
Community & Outreach Active participation in local events and community fundraising, plus visible growth initiatives like the 60-Day Countdown program, signals a strong prospecting approach with mid-market business owners who value risk management education and timely action, presenting a channel for seminars, webinars, and outbound campaigns.
Financial Scale Revenue range of 50M to 100M and a mid-sized team position CIC as a credible partner for larger mid-market clients seeking captive solutions, with potential upsell to more comprehensive risk management, compliance, and advisory services as clients scale.