In episode 126 of the Global Captive Podcast, supported by the EY Global Captive Network, Richard is joined by CICA President Dan Towle, while Senior Reporter Luke hosts a discussion with 831(b) captive owner Drake Plastics Ltd and Dustin Carlson, President of SRA 831(b) Admin.

02:11 - 14:24 : CICA President Dan Towle explains why he is confident the UK can become a successful captive domicile, the Association's growing involvement in the UK and European markets and plans for the CICA International Conference, held in Palm Desert, California from March 8 - 10, 2026.

Further reading from Captive Intelligence:

UK has all the tools for captive success, but proportionality “key ingredient”

Captives Coming Home? … What DataHub tells us about UK-owned captives

16:06 - 31:40 : Luke interviews Dustin Carlson, President of SRA 831(b) Admin, and Steven Quance, President of Drake Plastics Ltd, to explain how micro-captives are valuable risk financing and management tools, and why they are pushing back through the courts against what they see as regulatory overreach by the Internal Revenue Service in the United States.

Further reading from Captive Intelligence:

Drake Plastics files second lawsuit against IRS concerning 831(b) captives

IRS finalises 831(b) regulations, concedes on loss ratio criticism

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