--- title: MSI Risk Management Solutions description: Expert risk managers specializing in captive formation and management along with Captive back-office support and risk management focus on profitability. image: https://themsicorp.com/hubfs/wp-assets-msi/welcome/msi_welcome_banner.jpeg --- # Enabling businesses and asset owners to cover, and manage, their own risks.     [Explore Our Solutions](https://themsicorp.com/solutions?hsLang=en) ![msi_welcome_banner](https://themsicorp.com/hs-fs/hubfs/wp-assets-msi/welcome/msi_welcome_banner.jpeg?width=1735&height=1084&name=msi_welcome_banner.jpeg) ###### Download for free today #### **Risk Management** **for Business Growth**   ##### Why your business needs risk management and investment    [Download The Free eBook](https://themsicorp.com/risk-management-for-business-growth?hsLang=en) This ebook is a must-read for all business owners who want to control their risk, but need more insight on how to do so. **Learn how to:** 1.) Connect to your point of business growth 2.) Fast-track your business growth 3.) Encourage your business clients 4.) Produce Prosperity   ![risk management for business growth ebook cover](https://themsicorp.com/hs-fs/hubfs/risk%20management%20for%20business%20growth%20ebook%20cover.png?width=250&height=324&name=risk%20management%20for%20business%20growth%20ebook%20cover.png)   ### Jeremy Colombik, CPA & Managing Partner --- Jeremy Colombik is an experienced, licensed financial professional. His accomplishments include being named as a Top of the Table member since 2008 for Life Insurance sales as well as a financial specialist for executives & business owners.  Furthermore, he has been in the captive industry for over 15 years and is a member of the Captive Insurance Companies Association and the North Carolina Captive Insurance Association. ![Jeremy colombik](https://themsicorp.com/hs-fs/hubfs/wp-assets-msi/welcome/Jeremy%20colombik.jpeg?width=479&height=593&name=Jeremy%20colombik.jpeg) ## The **MSI** Difference We create powerful opportunities to help our clients make risk profitable and take their business to the next level.     ** > Jeremy is a true expert in the field of deferred compensation and income tax reduction strategies. I have worked with him in the past and look forward to doing additional work with him in the future. ![matt](https://themsicorp.com/hs-fs/hubfs/wp-assets-msi/testimonials/matt.jpg?width=1024&height=1024&name=matt.jpg) Matt Dicken Strategic Wealth Designers ** > Per my offer, I am writing this letter as a strong recommendation for anyone considering employing the services of Management Services International (MSI). I have been a client of theirs for over ten years and I couldn’t be happier with the results. They are honest, knowledgeable, and extremely effective. Their entire staff from top to bottom are most friendly and helpful. I have recently retired and, thanks to MSI, my future is financially secured. You can’t go wrong with this company. ![Dr.T-300x300](https://themsicorp.com/hs-fs/hubfs/Dr.T-300x300.jpg?width=300&height=300&name=Dr.T-300x300.jpg) Dr. John Thomas Terrence PsyD, PhD ** > Jeremy is one of the preeminent specialists in this field. His expertise and knowledge of product and his ability to communicate are also valuable commodities. He has far exceeded my expectations assisting me in my own personal planning, as well as the planning for many of my clients. I highly recommend the services of Jeremy Colombik. ![curtis](https://themsicorp.com/hs-fs/hubfs/wp-assets-msi/testimonials/curtis.jpg?width=242&height=287&name=curtis.jpg) Curtis Blair The Blair Group, LLC ** > Jeremy is extremely helpful in the design and implementation of complicated tax planning strategies. His expertise and knowledge of products and his ability to communicate are valuable commodities. He has been extremely helpful in my personal planning as well as for many of our clients. I would highly recommend the services of Jeremy Colombik. ![Judy](https://themsicorp.com/hs-fs/hubfs/wp-assets-msi/testimonials/Judy.png?width=282&height=342&name=Judy.png) Judy Smith The Blair Group, LLC ** > Jeremy has been great to work with in my desire to make my business more profitable. His advice has allowed me to accomplish financial goals that are very difficult to reach in these uncertain times. ![1516455321365](https://themsicorp.com/hubfs/1516455321365.jpg) Terry & Sandi Leggett Leggett Motor Carriers, Inc. ** > Jeremy is a highly qualified professional that can improve your business's financial goals with specific revenue enhancement strategies. He takes a hands-on approach with financial concepts designed for your situation. He takes you through every step so you understand what is next and why each phase of the process is important. His work is an outstanding example of delivering a complete package that produces great results. His follow up is timely and is available after the sale, which I truly appreciate. ![Paul J Madson](https://themsicorp.com/hubfs/Paul%20J%20Madson.jpg) Paul J. Madson President/CEO of Private Corporations Experienced Financial Strategist ** > John and the MSI team have been fantastic to work with. Last year, my financial advisor had introduced me to John and his team. I must admit at first, I had some minor hesitation and reluctance to start our program with MSI. However, after spending much time with John to get a better understanding of how the program could help me and my company, it became abundantly clear it would be a no brainer. Throughout the entire process John was extremely helpful, informative, and responsive. Due to recent events with Covid-19, I am quickly realizing that moving forward with the MSI program has been one of the smartest decisions I have made for me and my business. ![TJ](https://themsicorp.com/hubfs/TJ.jpg) TJ Hannon Principal at New England Enrollment Strategies ** > I am so thankful for the captive plan. It has helped my business during an unforeseen shutdown and slowdown. My other insurance coverage company sent out a preemptive email stating that they would not be covering any business Interruption due to COVID-19. I am grateful for Kim and Clarissa, for giving me the information that I needed to file a claim. MSI has made a bad situation so much better for my business and my family. ![1568604262_med](https://themsicorp.com/hubfs/1568604262_med.jpg) Dr. Jack M. Neagle ** > Jeremy completes tasks in a very timely manner with solid knowledge of complicated & detail-oriented tax planning & wealth-building strategies. Craig L. Hayward Hayward & Associates PC - Captives - NQDC - Insurance A captive can be a great solution for business owners as it can provide better risk management, share in the underwriting profits as well as qualify for the ancillary tax benefits. A "captive insurer" is generally defined as an insurance company that is wholly-owned, and controlled, by its insureds; its primary purpose is to insure the risks of its owners, and its insureds benefit from the captive insurer's underwriting profits. A non-qualified deferred compensation plan reduces a portion of an employee’s taxable income in the current year and is paid out at a date after which is income actually earned.   NQDCs, often referred to as 409A plans due to the section of the tax code they exist in, emerged in response to the cap on employee contributions to government-sponsored retirement savings plans. Because high-income earners were unable to contribute the same proportional amounts to their tax-deferred retirement savings as other earners, NQDCs offer a way for high-income earners to defer the actual ownership of income and avoid income taxes on their earnings while enjoying tax-deferred investment growth. We partner with leading insurance brokers to provide non-traditional coverages tailored to your business. A broker, independent of any insurance company, who represents the interests of the buyer in searching for insurance coverage at the lowest cost and providing the highest benefit to the buyer. ![Business team discussing the graphs in the office](https://themsicorp.com/hs-fs/hubfs/Business%20team%20discussing%20the%20graphs%20in%20the%20office.jpeg?width=1000&height=667&name=Business%20team%20discussing%20the%20graphs%20in%20the%20office.jpeg) ###### 4 min read #### [Focused on lowering your Total Cost of Risk not just finding cheaper insurance.](https://themsicorp.com/resources/focused-on-lowering-your-total-cost-of-risk-not-just-finding-cheaper-insurance?hsLang=en) Sep 14, 2022 by John Dohn When an insured finds themselves in a hard insurance market, the business is faced with increasing premiums and often... ###### 4 min read #### [Captive Insurance Breaks Barriers to Indemnify Against COVID](https://themsicorp.com/resources/captive-insurance-breaks-barriers-to-indemnify-against-covid?hsLang=en) Feb 17, 2022 by Jeremy Colombik News that could ruin your day is finding out your insurance claim is not covered by your policy. This can and has... ###### 5 min read #### [Captive Compliance 101](https://themsicorp.com/resources/captive-compliance-101-a-checklist-for-maintaining-a-healthy-captive?hsLang=en) Dec 27, 2021 by Jeremy Colombik Keeping your captive compliant is key in the event of an audit or Internal Revenue Service (IRS) challenge. Making... ```json { "@context" : "https://schema.org", "@type" : "VideoObject", "contentUrl" : "https://8845140.fs1.hubspotusercontent-na1.net/hubfs/8845140/themsicorp/videos/How%20To%20Manage%20a%20Captive%20More%20Efficiently.mp4", "dateModified" : "2023-03-28T15:50:17.553Z", "description" : "", "duration" : "PT56.557S", "height" : 1080, "name" : "How To Manage a Captive More Efficiently", "thumbnailUrl" : "https://api-na1.hubapi.com/filemanager/api/v3/files/thumbnail-redirect/63316333582?portalId=8845140&size=medium", "uploadDate" : "2022-01-06T23:12:11.001Z", "width" : 1920 } ```