Oxford Risk Management Group

09/05/2024 **Oxford Risk Management Group** 954 Ridgebrook Road, Suite 100 Sparks, Maryland 21152 Dear Oxford Risk Management Group, I am writing to formally express my frustration and disappointment with the service (or lack thereof) that I have received over the past two months. My attempts to contact both Lula and Oxford Risk Management Group have been met with constant unresponsiveness. Despite calling during normal business hours, I have been continuously directed to voicemail with no follow-up or resolution to my concerns. After finally getting in contact with your secretary, Lauren, I was placed on hold for over 10 minutes, only to be provided with an incorrect email address. I have yet to receive a call back or email regarding my declaration page for my car insurance, which is

Oxford is very good at setting up micro-captives and maintaining them for all of you who want alternative risk management solutions. They go to great lengths not to discuss any tax advantages, which there are plenty. What they don't do well is communicate how badly the IRS and states view captives. They are not upfront about the significant risk to your small business and quite frankly, your health. The current head of the IRS personally wrote the micro-captive targeting strategy to take down any and all 531b micro-captives. Everyone I know who has or has had a captive over the last several years is under audit or under threat of audit. That's no way to live. After several years of very legitimate risk management in the 531b micro-captive program managed by Oxford, the IRS came knocking o

They won’t answer your calls. You have to file through your own insurance company and lose money.

Experts in the captive field

Mike is the man!