The Challenges of Dynamic Change in the Captive Industry

Dec 06, 2019

The Challenges of Dynamic Change in the Captive Industry
From: Captive Insurance Company Reports (CICR)/IRMI, December 2019

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CICA Mentorship Program participants spoke at the CICA 2019 International Conference.


In June of 2019, CICA announced initiatives intended to facilitate the development of new young professionals within the captive insurance industries. This was in response to feedback received from industry professionals and recognition that many of those in the captive insurance industry did not “set out to pursue a career in captive insurance.” In addition, many emerging professionals have not had the opportunity to participate in internships, mentorships, and risk management and insurance curriculums.

This reality is being exacerbated by the quickening rate of retirements of current professionals, emerging technologies, and operational transformations.

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