The Captive Insurance Companies Association (CICA) has revealed the case study topics for this year's Captive Insurance Solutions for Emerging Industries essay contest for college insurance and risk management students sponsored by Strategic Risk Solutions (SRS).
Essay contest winners will receive cash prizes, and the opportunity to present their winning papers at the CICA 2020 International Conference in California.
The essay contest invites college risk management and insurance students in teams of two to describe how and why a captive insurance company could be used as a cost-effective means of alternative risk financing for emerging risks and their corresponding loss exposures.
This year’s case studies focus on the home healthcare industry, the cannabis industry and craft brewing industry.
Dan Towle, president, CICA, said: “I am excited about this year’s topics. All three case studies use real-world situations focused on rapidly growing industries.”
Brady Young, CEO of SRS, said: “We’re providing real-world examples so students can experience being at the forefront of helping businesses in these emerging industries and understand how captives can help manage cost, coverage and risk management issues.”
Student teams need to complete the intent to participate form by 28 October 2019, with final essays being submitted by 15 November 2019. Finalists will be notified on 7 January 2020. Click here to find out more information.
