From: Captive Review
PNC’s Anjanette Fowler in a Q&A tells Captive Review we’re going to continue to see more entities of all sizes consider how a captive structure might allow them more risk control
Talk a little bit about your career path to the captive insurance industry?
I like to joke that my ability to throw from third base to first is as responsible for where I am today as anything because some of my introduction to more seasoned and management level leaders at my firm came through a work-sanctioned softball team early in my career.
But honestly, I feel like insurance asset management is something I accidentally fell into. Risk management is certainly a more common component of business education today, but when preparing for my career during college, there weren’t many people who were focusing on it. I think most underestimate the challenges, potential rewards and excitement a career in insurance can provide. Truly, no two days are alike. I’ve spent more than 30 years serving both commercial and captive insurance clients and am thankful this is where my path has led.
How have you seen the captive insurance industry change over the course of your career?
The change has certainly been dramatic. There was a lot of mystery around captives 20 years ago – the industry was a bit of an enigma. There were many misconceptions about what a captive could do, how they were regulated and the reputable justification of the structure. But all that has changed.
