MINNEAPOLIS ─ JAN. 14, 2025 ─ The Captive Insurance Companies Association (CICA) today announced the three finalist teams in its Captive Insurance Solutions for Today’s Risk Management Challenges College Student Essay Contest, sponsored by Hylant Global Captive Solutions (Hylant GCS).

The three finalist teams are:

  • Matthew Sharretts and Samuel Brockelman, Connecticut College
  • Isabella Martinez and Skilee Soto, St. Mary’s University
  • Rachel Gibson and Ella Pernsteiner, University of Wisconsin-Madison

For the CICA essay contest, two-person teams were asked to describe how and why a captive insurance company could be used as a cost-effective means of alternative risk financing for new and growing risk challenges. The three finalist teams will now work with mentors from Hylant GCS to revise and enhance their essays, which will be judged again to determine first, second and third place.

“This contest is one of the highlights of our conference, seeing the sparks ignited in the student presentations. We give students an inside view of the increasing career opportunities in the captive insurance industry, how innovative it is, and the exciting challenges it offers.” says CICA President Dan Towle.

Anne Mare Towle, CEO Hylant GCS, and essay contest sponsor, says “The captive insurance industry offers students an incredible opportunity to dive into a field shaping the future of risk management. Engaging students in this industry is crucial, opening various pathways for immediate employment and long-term career growth. It’s encouraging to consider how their involvement can not only benefit their careers but also contribute to the overall development of the industry.”

Winners will be announced at the Monday morning general session during the CICA International Conference March 9-11 in Tucson, Arizona. 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.

Registration information and full conference details are on the CICA website.

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