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Capstone's Feldman Speaks at Inside Self-Storage World Expo

Apr 12, 2019, 16:42 PM
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May 9, 2018 (Houston, TX)—On April 5, Capstone CEO and General Counsel Stewart A. Feldman led multiple roundtable discussions at the Inside Self-Storage World Expo at the Paris Hotel and Resort in Las Vegas. Approximately 3,600 self-storage industry participants attended the event.

Feldman's discussions focused on captives as a strategic risk mitigation tool for middle market, self-storage businesses. Also addressed was the revenue generating potential of the planning for facilities' owners. Attendees learned how captive and alternative risk planning can help self-storage businesses address otherwise uninsured risks, such as tenant property loss, business interruption, weather-related losses, regulatory changes, and more. Attendees also learned about how captives could be integrated into a broader risk management strategy, which dovetails with existing commercial coverages. 

Feldman commented: "With the expansion of the self-storage industry comes exposures and increased risk and resulting losses, which may not be addressed with commercial policies due to gaps in coverage. From theft to mold to cyber breaches and regulatory changes, self-storage businesses face risks that can disrupt their operations. Being proactive is especially critical and ensures that businesses are financially resilient in the event of a loss."

Feldman continued: "As an adjunct to existing coverages, a captive can provide a broader insurance program with highly customized policies, while also providing ancillary financial benefits. In the self-storage industry in particular, the captive can help generate ancillary revenue."

For more information on Capstone's 20-year work history in forming and operating captives, please contact:

Capstone Associated Services, Ltd.
888.886.1217
Email

If you would like one of our attorneys to contact you regarding a pending captive insurance tax controversy, please contact:

The Feldman Law Firm LLP
713.850.0700
Email

About Capstone

Capstone Associated Services, Ltd. (www.CapstoneAssociated.com) is the most integrated and comprehensive outsourced provider of captive insurance services for the middle market. We are among the largest in the industry offering stand-alone, single-parent captives as well as cell captive arrangements. In cooperation with The Feldman Law Firm LLP  (www.Feldlaw.com), Capstone administers property and casualty insurance companies that provide alternative risk financing services throughout the U.S.  Now in its 20th year, Capstone provides turnkey services usually under a joint engagement with its affiliated law firm to manufacturers, distributors, service providers, and professional organizations.

Capstone's own staff of insurance professionals includes Chartered Property & Casualty Underwriters (CPCUs), Associates in Risk Management, claims managers, underwriters, accountants and administrators, in addition to The Feldman Law Firm LLP's tax, corporate, financing and regulatory lawyers, who are bolstered by outside CPAs, risk managers, property & casualty professionals, and actuaries. On staff at Capstone are six CPCUs with more than 130 years of experience. Together, this team offers middle market companies the most comprehensive risk planning solution available. Today, captives are the premier risk management and risk-financing tool for qualified middle market companies. 

To learn more about how alternative risk planning and captive insurance can protect your business from uninsured risks, please visit www.CapstoneAssociated.com or contact us at 888.886.1217.

 
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