SRA 831(b) Admin

Whatever happens at the ballot box, let’s remember that, regardless of the outcome, one issue stands above all: the need for effective insurance and risk management for small businesses. In his latest piece for Captive International, SRA CEO Van Carlson highlights how the current insurance crisis impacts everyone. It’s vital for us as business owners to unite and advocate for commonsense reforms that make it easier to operate and thrive. Moving forward, let’s: ⚫ Educate ourselves on innovative solutions like microcaptive insurance. ⚫ Collaborate with local organizations to advocate for legislative changes. ⚫ Engage with policymakers to share our challenges and solutions. Together, we can shape a more supportive environment for all small businesses. Let’s stand united for a stronger economy! Read more about these pressing issues in the full article here: https://lnkd.in/gqPS9dXA #SmallBusinessUnity #InsuranceReform #SupportLocal

As you head to the polls today, consider this perspective from SRA CEO Van Carlson, featured in Captive International:  “Regardless of party, voters need to be conscious of the plans and issues that will have the greatest impact on their success and security. As we look forward toward recovery and rebuilding, I encourage every voter to continue to research the proposed solutions to the issues we see today and vote for candidates who will introduce commonsense regulatory oversight in order to move our country forward.” What do you think is the most crucial change needed in the insurance industry? Drop your answer or any questions you have in the comments.  1. Greater transparency in pricing 2. More tailored coverage options 3. Enhanced support for small businesses 4. Improved risk management strategies Make your voice heard today! Your vote matters—exercise your right and help shape the future of the insurance industry! For more insights from Van Carlson, check out the full article here: https://lnkd.in/gGxa4kxg #ElectionDay #Vote2024 #InsuranceReform #RiskManagement

It was an honor to be named on Idaho’s fastest growing companies. Thank you BoiseDev

Custom warranty programs aren’t just for big corporations—if you missed the recent Financial Tech Times article on how SRA is helping small businesses gain a competitive edge through resilience, you can still check it out here: https://lnkd.in/gYQxNUkU  Discover how these programs prepare businesses of all sizes for unexpected challenges. Highlights: • Tailored warranties adapt to each business’s specific risks. • Smaller companies can access the same risk management benefits as larger competitors. • These programs enhance resilience by covering a broader range of potential risks. Want to explore a custom warranty program? Contact us today to learn more! #CustomWarranties #SmallBusiness #RiskManagement #BusinessResilience

Could a custom warranty program be the secret to a stronger, more resilient business? Recently, Jordan Frenchof Financial Tech Times explored how SRA’s 831(b) warranty programs let companies handle underinsured risks and free up funds, providing a smart alternative to standard insurance. By using tax-deferred dollars to manage unexpected events, businesses can gain an advantage—especially in unpredictable markets. Read the full story to see how custom warranties are reshaping business resilience: https://lnkd.in/gWN6xwa5 #RiskManagement #FinancialResilience #BusinessStrategy

Why do 831(b) plans matter for the trucking industry? CEO Van Carlson unpacks it all in his appearance on the Trucking Risk and Insurance Podcast last week.  "You are paying more and getting less today when it comes to your insurance program. It doesn't matter what business you're in," says Carlson. Just a few of the benefits reviewed on the show include: • Proactive Risk Management: Many business owners are ready to take on more risk—adapt your strategies accordingly. • Tax Advantages: Use tax-deferred dollars to address risks that may be underinsured or not covered at all. •Cost Management: Minimize insurance costs, as they can significantly affect your bottom line. Learn more about how 831(b) plans can benefit your trucking business––tune in to the full episode here: https://lnkd.in/g2rm4MnC #TruckingIndustry #RiskManagement #831BPlan #BusinessStrategy

Avoid these costly hacks! 🚨 Cyberattacks can bring businesses to a halt, costing even more when operations are interrupted.

Why is it important to protect yourself against wire fraud? Unlike losing credit cards, banks usually won’t refund it if YOU were the one who transferred the money. 😱 When sending money STOP & verify any request through a different, trusted communication channel first.

Cyber threats are on the rise in 2024. Stay ahead this Cybersecurity Awareness Month 🔒💻

AI innovation is transforming businesses, but it also brings unpredictable risks, some of which still fall outside traditional insurance coverage. That's where 831(b) Plans come in. These policies let businesses set aside tax-deferred reserves, providing a safety net for risks like cyber-attacks or system failures—issues that even AI can't foresee. In this evolving landscape, having a robust plan to cover these gaps is vital. Discover how 831(b) Plans can enhance your risk management strategy beyond traditional insurance. Learn more from SRA today! Read more about AI and risk management in this article from Insurance Journal: