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Are captives the Swiss Army Knives of insurance?
Rob Walling discusses what makes hybrid captives such a versatile tool to manage risk.
A year and a half ago, I moved to Biltmore Lake, North Carolina. One of the most beautiful natural vistas in this area is the view of Scott Mountain. The north face of the mountain, up to a section of the mountain called Scott’s Ridge, is owned by the Cecil family. After a long period of ownership, the Cecils made the decision last year to sell the 138 acres that make up Scott’s Ridge. I would hate for it to become a condominium development – but, as it turns out, Pinnacle has a client that can help conserve this natural beauty..
I had an interesting conversation with a colleague the other
day about the difference between being a consultant and a trusted advisor.
There’s been a lot of ink spilled over the
difference. Increasingly, companies have marketed advisory services as a
replacement or supplement to consulting services. Although the distinction
between the two can seem unclear, there is separation.
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