Students will address real-world commercial insurance market challenges with captive insurance solutions.
MINNEAPOLIS ─ SEPT. 26, 2024 ─ The Captive Insurance Companies Association (CICA) announced case study topics for its 2024-2025 Essay Contest Captive Insurance Solutions for Today’s Risk Management Challenges. Winners receive cash prizes and the opportunity to present their winning papers at the 2025 CICA International Conference March 9 – 11, 2025 at the JW Marriott Starr Pass Resort & Spa, Tucson, Arizona. The contest is sponsored by Hylant Global Captive Solutions. Essays will be published in Captive Insurance Times.
“The captive industry continues to experience rapid growth, and we need top talent to help create the innovative and effective solutions organizations are looking for. Our CICA Essay Contest lets students see first-hand how captives work and learn about the diverse career opportunities our industry offers,” CICA President Dan Towle said.
Two-person student teams will select one of three case study topics for the competition. Students will analyze and design a captive insurance structure to address the case study’s prime insurance risks and explain the rationale behind their conclusions. The case studies were developed by the Hylant GCS team, who will also provide mentorship for the students.
Case Study Topics
- Acadia Field – A stadium that seats 100,000, is responsible annually for the safety and security of 1,700 employees and 1.6 million attendees at 600+ events. They are experiencing increasing insurance premiums and limited coverage options from traditional insurers for several top risks.
- Seagrass Lodges – A group of 15 oceanfront hotels. Each hotel offers about 50 rooms and a unique restaurant and bar. The company has 900 employees spread across all the properties. Seagrass Lodges is experiencing commercial market premium increases across several primary coverages.
- Choose Your Industry – Select an industry such as healthcare, manufacturing or renewable energy and a type of organization within the industry such as a telehealth provider, a microchip creator or a solar panel distributor. Identify the emerging risks.
Anne Marie Towle, CEO Hylant Global Risk and Captive Solutions, said, “Continuing to engage students and show them the benefits of captive insurance careers is important for the industry. This is a wonderful and exciting industry where you have many new challenges and opportunities for growth. Hylant is thrilled to help provide this experience for students.”
Contest details, full case study descriptions, entry requirements and award details are available on the CICA website.
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