Ian Kilpatrick, founder of Advantage International Management, has received the Captive Insurance Companies Association’s (CICA) Distinguished Service Award.
Kilpatrick was presented with the award at the CICA 2015 International Conference by CICA president Dennis Harwick, who said: “This award is given to someone who has contributed to the broader understanding of captives and has assisted in the growth and success of the industry; someone who has raised the reputation of the industry, promoted professionalism, creativity and ground-breaking ideas for the industry.”
Kilpatrick’s achievements include being a founding member of the Insurance Managers Association of Cayman (IMAC), founding Crusader International Group of Companies, now Advantage International Holdings, and serving as the captive industry’s voice in interfacing with the Organisation for Economic Co-operation and Development (OECD).
As part of the CICA agenda, Ian Kilpatrick presented a paper that he had prepared for the OECD, which addressed the organisation’s plans to introduce an Action Plan on Base Erosion Profit Sharing, which is expected to have a significant impact on captives writing business across many countries.
Kilpatrick commented: “Naturally, I am delighted to have won the award and am humbled by it. I was fortunate enough early on and throughout my career to have had the very best teachers in the industry at a time when knowledge of captives was not as available as it is now.”