The Captive Insurance Companies Association will be holding its annual conference from March 8-10 at the Westin Mission Hills Gold Resort & Spa in Rancho Mirage, California. The theme for this year’s conference is “Building on the Best.” The conference will feature a range of educational sessions, including sessions exploring apparent hardening in the market, and gives opportunities for attendees to network with captive regulators and service providers. The Risk Retention Reporter inter viewed CICA President Dan Towle to see how the conference is shaping up and to explore what a hardening market may mean for CICA and its members.
There numerous reports that the market is hardening. Are you excited for the opportunities a hardening market affords to the captive industry?
We continue to hear from our members about the market hardening. As companies feel the economic effects of the hardening market, they will quickly look to form captives. Companies with existing captive structures will be expanding the use of their captives. The industry has been waiting for this time for quite a while and will be ready to assist the many companies that will want to form captives to help them better manage their risks.