How to Implement Innovative Risk Mitigation with Madison Insurance Group (Ep. 135)
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What happens when a business suddenly loses a key player or faces a supply chain disruption?
That’s where Madison Insurance Group’s unique strategies come into play, offering peace of mind and financial protection for unforeseen business challenges.
Join John and Michael Parise as they chat with Mark Sims and Aaron Quinn from Madison Insurance Group to discuss how their partnership, spanning over 15 years, has provided invaluable enterprise risk coverage solutions.
You’ll learn how Madison’s innovative approach allows business owners to participate in underwriting profits and navigate recent IRS regulations with confidence.
Other key conversations in this release include:
- The fundamentals of Madison Insurance’s enterprise risk coverage and how it differs from typical insurance offerings [00:01:48]
- Insights into why businesses often overlook these coverages and the financial advantages of Madison’s reinsurance model [00:09:48]
- The practical steps for businesses to secure their operations against potential disruptions through Madison’s feasibility study [00:13:14]
- How true insurance is defined within Madison’s framework, emphasizing regulation and economic mass [00:15:22]
- The latest IRS regulations concerning micro captives and what sets Madison apart in terms of compliance and economic structure [00:27:11]
- And more!
Connect with Madison Insurance Group:
- Madison Insurance Group
- LinkedIn: Madison Insurance Group
- LinkedIn: Mark Sims
- info@madisoninsurancegroup.org
- msims@madisoninsurancegroup.org
- (787) 773-1812
Connect with John and Michael Parise:
- 856-988-8300
- Copper Beech Financial Group
- LinkedIn: John Parise
- LinkedIn: Michael Parise
- LinkedIn: Copper Beech Financial Group, LLC
- Facebook: Copper Beech Financial Group, LLC
About Our Guests:
Mark Sims is Vice President of Business Development for Captive Alternatives, LLC. He has more than 25 years of experience in risk management and insurance consulting, and focuses on the use of Private Insurance Companies for insuring the catastrophic business risks and employee benefits programs of medical groups, business owners in many sectors, and other high net worth groups throughout the United States. Mark is a charismatic and popular professional speaker on the use of Private Insurance Companies for risk management, asset protection, wealthy preservation and exit strategies. He is a member of the Captive Insurance Companies Association and the Self Insurance Institute of America. Mark has extensive working experience with tax attorneys, estate planning firms and other trusted advisors to high net worth business owners and families, and frequently provides customized webinars to advisor groups who want to learn about Private Insurance Companies and the Puerto Rico solution.