From: Captive.com/IRMI
The 2025 Captive Insurance Companies Association (CICA) Conference once again spotlighted rising talent in the captive insurance field through its annual student essay contest panel. Designed to encourage applied learning and creative problem-solving, the competition drew participation from students across the country who were tasked with developing fictional case studies illustrating how captive insurance could be used to address complex risk management challenges.
This year’s panel featured the top three finalist teams: students from the University of Wisconsin—Madison, St. Mary’s University, and Connecticut College. Sponsored by Hylant Global Captive Solutions, the contest paired each student team with an industry mentor to refine their proposals and prepare for the panel presentation.
Second-place finalists Matthew Sharretts and Samuel Brockelman of Connecticut College participated via pre-recorded video while studying abroad in Spain and Germany. Although their discussion is not included here, their presentation was shared with the conference audience and recognized for its thoughtful approach and technical merit.
The University of Wisconsin—Madison team of Rachel Claire Gibson and Ella Pernsteiner earned first place for their analysis of risk financing strategies for a fictional hospitality group, Seagrass Lodges.
Third place was awarded to Isabella Martinez and Skilee Soto of St. Mary’s University, who developed a captive solution for a large stadium and event venue.
