What is CIC Services?
Founded in 2005 and headquartered in Knoxville, TN, CIC Services specializes in the strategic utilization of Captive Insurance Companies (CICs) to enhance organizational Enterprise Risk Management goals. The firm provides expert consulting, enabling businesses to optimize their risk financing strategies through tailored captive solutions. This focus positions CIC Services as a key player in a niche but critical segment of the financial services industry.
How much funding has CIC Services raised?
CIC Services has raised a total of $66K across 1 funding round:
Debt
$66K
Debt (2021): $66K with participation from PPP
What's next for CIC Services?
With the recent influx of substantial expansion capital, CIC Services is poised for significant scaling. The company's Series B/C stage funding indicates a transition towards broader market penetration and potentially the development of new service offerings. This capital injection will likely fuel strategic initiatives aimed at solidifying its market leadership and expanding its client base within the complex landscape of risk management and captive insurance.
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