Captive Insurance Companies Association

“As a member of CICA’s Amplify Women committee, I am fortunate to have a front seat on the resources available. We keep [topics about programs for women] on the agenda, whether that is at an insurance conference, on social media, or passed along through conversations and email campaigns. There are programs out there and it’s all about sharing the message with women who might be interested.” Congratulations to #CICAAmplifyWomen member Amy O'Brien, Gallagher Bassett, on being named in Captive International 2024 Influential Women in Captive Insurance! Celebrating her silver anniversary of being involved with captives, Amy is excited to use her experience to recruit students and insurance trainees to captives, grow business, and create a legacy. Read her full interview here: https://ow.ly/WGFv50Tk9CW #CIInfluentialWomen

Happy 20th Anniversary to the Bermuda Captive Conference hosted by our colleagues, the Bermuda Captive Network! ?? #CaptiveInsurance

"You have to get [your new hires] out there, show them the opportunities for growth." CICA President Daniel Towle discusses the importance of investing in and teaching new employees in this article from Captive Intelligence. Read more to learn what other non-traditional methods captive leaders are utilizing to attract and keep talent from other careers. ?? https://ow.ly/O8rt50TjoTM

“Gone are the days of captives being applicable only for the largest companies in the world!” With this mindset in her career and a dedication to educating about reinsurance and accounting, Diana Hardy, CPA, CFE, RH CPAs, has been named in Captive International 2024 Influential Women in Captive Insurance! Diana is a co-chair of the CICA NEXTGen Committee and is working on her goals of “leading strategic initiatives, mentoring emerging leaders, and promoting a culture that thrives on being different.” Read her full interview with other Influential Women here: https://ow.ly/Wojh50T9ewQ #CICAAmplifyWomen #CICANEXTGen #CIInfluentialWomen

CICA Past Board Chair Renea Louie, ARM, ACI, Fellow, Pro Group Management, has been named in Captive International 2024 Influential Women in Captive Insurance! With extensive knowledge of the alternative risk transfer industry, her interview leaves nothing out in discussing the accessibility of captive careers and the importance of programs to create a more equitable and inclusive space for women. “As you consider implementing or refining mentorship and sponsorship programs within your organization, keep the following best practices in mind: Ensure programs are tailored to the unique needs and challenges faced by women. Prioritize matching mentees and sponsors based on shared goals, values, and communication styles. Provide training and resources to help mentors and sponsors effectively fulfill their roles. Track and measure program outcomes to continuously improve and enhance impact.” Congratulations Renea! Read her full interview here: https://ow.ly/swZK50T6H07 #CIInfluentialWomen

"Traditional insurance models often fall short in covering the financial impacts of cyber incidents that do not result in physical damage but cause significant operational disruptions." Read more about the pivotal role that captive insurance can play in managing cyber risks following the July 2024 CrowdStrike outage in this article by CICA member Dr. Marcus Schmalbach, RYSKEX Inc, from Captive International. CrowdStrike Outage: The role of captives in mitigating impacts on NDBI and intangible assets: https://ow.ly/leQA50T5hAg

Welcome to our newest member! ?? Kerith Adams, NASW Assurance Services (ASI)

CICA President Daniel Towle discusses how the captive insurance industry is set to harness the momentum for continued growth in this Captive International US Focus article: Long-Term Value is Accelerating Industry Growth. Read it here, starting on page 7: https://ow.ly/cS0250T3oJU

??? DEADLINE TOMORROW! Last chance to submit your proposal for an educational session at #CICAconf25! CICA’s domicile-neutral conference is the ideal venue to share your experiences, best practices and innovative strategies. We invite submissions for presentations on a broad range of topics around the theme “Captives – Better Solutions for Tomorrow’s Risks.” ?? Send us your topic here: https://ow.ly/69b950SEuVv

“The captive insurance industry is one of the most diverse, dynamic, and exciting places to plant your career flag.“ CICA board member Anjanette Fowler, PNC, is proud to see where the industry is now compared to the start of her career when she was often “the only woman in the meeting.” She is excited to continue seeing opportunities for women to connect and encourages building an easy foundation for young people to get to know captives and each other. Congratulations on being named to the Captive International 2024 Influential Women in Captive Insurance! Read the full interview with other Influential Women here: https://ow.ly/vuU750T2aI6 #CICAAmplifyWomen #CIInfluentialWomen