Robert “Skip” Myers and Woodward Straits Insurance Company have received the captive industry’s highest honours.
Myers, senior counsel for Morris, Manning and Martin LLP, won the CICA 2024 Distinguished Service Award.
Myers says: “It is a great honour! This puts me among those who have worked hard to improve the captive industry.”
Meanwhile, Woodward Straits earned the CICA 2024 Outstanding Captive Award.
Woodward Straits were credited for their flexibility and adaptability.
Fred Driscoll, responsible for Woodward Straits daily operations, says: “The captive increases our flexibility when there is a need for new or unique insurance and reinsurance across the enterprise.
“For example, we have written, but have not had to utilise, $5 to $10 million layers across our most important programs in the event the traditional market is not competitive regarding pricing or terms.”
