RIC is an independent risk manager serving the fiduciary industry. DATATRACK™, our secure web-based application, provides the tools and expertise required to administer and manage life insurance trusts, value closely held business interests, and track will files.



Solutions for Trust Owned Life Insurance

Independent policy review, administration and remediation solutions to mitigate liability, gain efficiencies, meet regulatory compliance and fiduciary oversight requirements.

Closely Held Businesses

Set of review solutions addressing the significant compliance and reporting challenges professional trustees face today holding closely held business interests.

DATATRACK™ Will File Platform

A secure web-based software application to assist in tracking, maintaining and proactively communicating with a bank's will file and future fee clients.


DATATRACK™ is RIC's secure, web-based platform which allows users to centralize and manage all pertinent data including trust account, life insurance, closely held business asset information, and will files.

No Hidden Agenda

We do not market or sell insurance of any kind. Our entire focus is to provide risk management and administrative solutions for trustees and fiduciaries.


Trustee Refresher on Remediating Life Insurance Funding Issues

Inadequately funded policies—that is, policies lapsing before maturity or maturing with a significantly reduced death benefit—can compose a significant portion of a trustee’s life insurance portfolio. Clie......

Variable Life Insurance: A Pain in the Asset Allocation for Trustees

When purchasing a life insurance policy, the potential to achieve a higher rate of return than a fixed-rate product has made variable life insurance an increasingly attractive option for consumers over the last t......

A Trustee’s Guide: How to Manage TOLI When Your Clients Suspend Premium Payments

More than 40% of the trust-owned life insurance policies RIC reviews each year are identified as being inadequately funded—either lapsing prior to maturity or maturing with a significantly reduced death benefit......

Should You Replace a Life Insurance Policy in an ILIT – What Trustees Need to Know

The life insurance industry continues to innovate, offering a wide spectrum of life insurance policies to consumers. Some life insurance companies may trend away from selling certain traditional......

Impact of Form 1065, Schedule K-1 on Closely Held Entity

As we visit with fiduciary industry professionals, we often hear that a partner’s Schedule K-1 (from Tax Form 1065) is relied upon as the source of value for a closely held business interest held within a trus......

Life Settlements Within the Fiduciary World

We hear it all the time from Trustees managing ILITs. Your client no longer wants that life insurance policy they took out years ago for estate planning purposes. The original reason for the policy is no longer ......



Learn how you can mitigate your liability, meet your fiduciary duty and provide a value-added service to your clients. Contact us today to request information or schedule a WebEx demo.