GCP #126: CICA's Dan Towle, and 831(b) captive owner Drake Plastics

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Global Captive Podcast

329 episodes

6 days ago

The Global Captive Podcast, supported by the EY Global Captive Network, provides independent, expert insight, presented and curated by Richard Cutcher with the leading voices from the international captive community. Weekly 15 to 40 minute episodes feature high profile captive individuals from across the captive world from Singapore and Luxembourg to Vermont and Bermuda. You can find the latest episodes and subscribe to the Global Captive Podcast on Apple Podcasts, Google Podcasts, SoundCloud, Spotify or any other podcast platform of your choice.

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GCP #126: CICA's Dan Towle, and 831(b) captive owner Drake Plastics

Global Captive Podcast

32 minutes 19 seconds

1 month ago

GCP #126: CICA's Dan Towle, and 831(b) captive owner Drake Plastics

In episode 126 of the Global Captive Podcast, supported by the EY Global Captive Network, Richard is joined by CICA President Dan Towle, while Senior Reporter Luke hosts a discussion with 831(b) captive owner Drake Plastics Ltd and Dustin Carlson, President of SRA 831(b) Admin.

02:11 - 14:24: CICA President Dan Towle

Further reading from Captive Intelligence:

UK has all the tools for captive success, but proportionality “key ingredient”

Captives Coming Home? … What DataHub tells us about UK-owned captives

16:06 - 31:40: Luke interviews Dustin Carlson, President of SRA 831(b) Admin, and Steven Quance, President of Drake Plastics Ltd, to explain how micro-captives are valuable risk financing and management tools, and why they are pushing back through the courts against what they see as regulatory overreach by the Internal Revenue Service in the United States.

Further reading from Captive Intelligence:

Drake Plastics files second lawsuit against IRS concerning 831(b) captives

IRS finalises 831(b) regulations, concedes on loss ratio criticism

For the latest news, data-driven analysis and thought leadership on the global captive market, visit Captive Intelligence and sign up to our twice-weekly newsletter.