The Captive Insurance Companies Association (CICA) will host a new webinar entitled, Captives and the Art of Advocacy, detailing key issues and efforts to avert negative impacts on the captive industry.
In a release CICA explained that as the captive insurance industry continues to grow, and in some cases outperform commercial insurance, it is facing increasing threats from regulatory and legal issues around the world.
CICA advocacy programme “helps to dispel misinformation and supports continued industry growth.”
“By monitoring emerging issues and regulatory changes in the US and around the world, CICA and its advocacy partners can influence laws and regulations that affect the captive industry.”
Dennis Harwick, president of CICA, said: “The captive industry has become a vital component of the insurance world. We all share the responsibility to support advocacy efforts that protect our industry. If we don’t protect what we’ve accomplished, the captive insurance industry might not exist in the future.”
The panel, moderated by Harwick, will include: Steven Chirico of A.M. Best; Michael Mead of M.R. Mead Company; and Skip Myers of Morris Manning & Martin.
Chirico will share insights from A.M. Best’s State of the Captive Insurance Market study. Mead and Myers will discuss the most prevalent issues that can impair captive operations, the significance of regulatory advocacy, and the importance of all captives becoming engaged in advocacy efforts to build a stronger voice for the industry.
Register for the webinar online now.
