
Coaches Corner: Captive Insurance with Randy Sadler
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About this listen
Mike Strickland sits down with Randy Sadler of CIC Services to unpack how “captive” insurance lets successful companies set up and own their own insurer. Randy explains who qualifies (often $5M+ in revenue) and how captives can control costs, expand coverage, protect assets, and build profit through favorable tax treatment. You’ll hear practical ways captives fill gaps that commercial policies miss—like IP theft, key-person loss, and government shutdowns.
From construction and manufacturing to fast-growing tech, Randy shares real outcomes—including $15M in pandemic claims paid that kept 150 client businesses afloat. He clears up group-captive misconceptions, outlines reinsurance backstops, and shows why “keeping premiums in the family” can be a strategic advantage. If you’re a growing, profitable business, this intro will help you decide whether owning your insurance company belongs on your risk-management roadmap.