New CICA Mentorship Program is One Step Forward in Developing Future Captive Leaders

MINNEAPOLIS ─ The Captive Insurance Companies Association (CICA) today announced the launch of its new Mentorship Program. The CICA Mentorship Program will provide opportunities for professionals from all levels of experience to build their career skills and be a part of an energetic movement to develop future captive industry professionals.

“With a surprising number of our insurance professionals expected to retire in the coming years, we have to accelerate our efforts to promote the dynamic nature of captive insurance and the career opportunities it provides. CICA is committed to taking a strong leadership role in helping to develop the next generation of captive leaders and the Mentorship Program is one component of these efforts,” CICA President Dan Towle said.

The CICA Mentorship Program provides young and mid-career professionals the chance to broaden their career opportunities by receiving counsel, advice and support from seasoned industry veterans from a wide range of skill sets and positions. Mentors can facilitate their own professional growth by strengthening their coaching and leadership skills while giving back to the industry.

Details on the Mentorship Program can be found on the CICA website. Today marks the beginning of recruiting both mentors and mentees into the program.  Once 30 mentors and 15 mentees have been recruited CICA will launch the second phase of the program.

“We’re excited that people want to be involved in CICA and offering the Mentorship Program is one more way we can provide benefits to our members and the industry,” Towle said. The Mentorship Program is one component of CICA’s growing professional development program. “Earlier this summer we announced a new Professional Development Track for the 2018 CICA Conference — The Challenge of Change,” Towle added. The new track will provide training on skills captive and risk management professionals need to successfully engage human resources, finance, risk management and executives in developing strategies for optimal uses of captive insurance companies.