About Us
RIC and its subsidiaries provide unparalleled service to trustees. As an independent risk manager and registered investment advisor, we translate our core competencies into value for our customers through consultation, administration and management of life insurance, annuities, variable invested assets and other unique assets. RIC provides a complete risk management solution for professional trustees.
Fiduciary Risk
Trustees have a fiduciary responsibility to maximize the asset(s) held in trust. Our life insurance and annuity reviews feature "Key Performance Indicators" that identify and classify existing and potential issues. Our experienced professional staff assists trustees in the remediation of problematic policies and contracts in the best interest of the trust and its beneficiaries.
Compliance Risk
RIC policy reviews meet OCC, OTS and The Uniform Prudent Investor Act requirements as they apply to regulatory compliance and fiduciary management. Actuarially based reviews lead to a standardized, cyclical method of reviewing life insurance and annuities. Our online reporting center houses all reviews and policy information in a secure, safe, readily accesible environment.
Administrative Risk
RIC's dynamic, customizable ILIT administration system streamlines and automates routine activites, such as printing letters, recording gifts, completing forms and taking notes. This web-based system facilitates a centralized and standardized process. Trustees gain efficiencies and improve overall productivity.
