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In this podcast episode, I interview Clay Ogden, the national business development manager at 831 B. Clay explains that 831 B helps business owners in various industries manage risks more efficiently. He discusses how 831 B allows business owners to set aside excess revenues and profits in their own reinsurance company, creating a tax-deferred fund for managing uncommon risks not covered by traditional insurance. 
Clay also explains the claim process for 831 B plans and mentions some complex scenarios they have encountered, such as supply chain interruptions during the pandemic. He emphasizes the importance of proper implementation and compliance.

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