Lou gave a wonderful presentation this afternoon to a group of accountants for their continuing education. Lou was first licensed in 1992, so he has extensive experience and I heard some of the details. As a subject matter expert, he filled the group in on “Enhancing Shareholder Value through the Use of Captive Insurance Arrangements. Although this was not approved by the Florida Board of Accountancy, his course on insurance qualifies for technical business CPE credit for Florida CPAs. Written proof of attendance was supplied. He offered this as a 2 hour course for Technical Business CPE on the subject matter of insurance, and he told the attendees that he would go to other accountants’ offices to offer this course.
One of the attendees said “great presentation today Lou. We really appreciate all of the knowledge.” I can tell you that I learned a lot about insurance, comparing domestic domiciles, premium tax rates. Most importantly, he gave specific details of how companies can use these as ways to expand their revenues to existing customers while attracting new customers.
As a Wharton graduate, Lou’s entrepreneurial insight combined with education and experience to capably describe how owning an insurance company inter-relates to risk management, tax planning, wealth transfer, investment financing, asset protection and many other areas of concern to business owners, shareholders and executives of middle market companies.