Harrison White and Bailey Sims proposed a Cell Captive Solution to help a university diversify its risk coverages and better manage its risks.
SCOTTSDALE ARIZ. – MARCH 11, 2024 ─ Butler University students Harrison White and Bailey Sims received first-place honors and a $2,500 prize in the 2023-2024 Captive Insurance Companies Association (CICA) College Student Essay Contest Captive Insurance Solutions for Today’s Risk Management Challenges. The contest is sponsored by Hylant Global Captive Solutions (Hylant GCS). The winner was announced today during the opening session of the CICA 2024 International Conference at the Westin Kierland Resort & Spa.
Second place went to Gracie Law and Sofia Davis of Temple University with a $1,500 prize and third place to Brian Dunn and Rose Gendy of Middle Tennessee State University with a $1,000 prize.
“It is impressive to see the students’ captive knowledge increase throughout the two rounds of submitting essays for the contest. The experience of developing a captive solution helps them see the interesting and unique coverage challenges that captives address and the opportunities to make a difference by helping an organization better manage these risks,” says CICA President Dan Towle.
Anne Marie Towle, CEO global risk & captive solutions, Hylant Global Captive Solutions, says “The captive insurance industry is dynamic and offers a wide variety of career opportunities. Once the students learn more about captive insurance, they carry that knowledge and interest with them and we hope they will consider working in the captive industry,” Anne Marie Towle said.
In addition to cash prizes, the students will present their essays during an education session at the CICA Conference and have them published by CICA Essay Contest Media Partner Captive Insurance Times.
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