The Captive Insurance Companies Association (CICA) has announced case study topics for its 2024-25 essay contest ‘Captive Insurance Solutions for Today’s Risk Management Challenges’.
Winners will receive cash prizes and present their winning papers at the 2025 CICA International Conference, which will take place on 9–11 March 2025 at the JW Marriott Starr in Arizona.
The winning essays from the contest, sponsored by Hylant Global Captive Solutions, will be featured in Captive Insurance Times.
The competition is open to two-person teams, who will select one of three case study topics and design a captive insurance solution addressing risk management challenges. These case studies, created by Hylant, come with mentorship from the company’s expert team.
The first case study, Acadia Field, centres on a 100,000-seat stadium responsible for the safety of 1,700 employees and 1.6 million attendees at over 600 events each year. The stadium is grappling with rising insurance premiums and limited coverage options for major risks.
The second one, Seagrass Lodges, features a group of 15 oceanfront hotels with 900 employees across all properties. The company faces increasing premiums across multiple core commercial coverages.
The last case allows students to choose an industry — such as healthcare, manufacturing, or renewable energy — and select a specific organisation. Teams will identify emerging risks and design an appropriate captive insurance strategy.
Dan Towle, president at CICA, remarks: “The captive industry continues to experience rapid growth, and we need top talent to help create the innovative and effective solutions organisations are looking for.
“Our CICA Essay Contest lets students see firsthand how captives work and learn about the diverse career opportunities our industry offers.”
Anne Marie Towle, CEO of Hylant Global Risk and Captive Solutions, says: “Continuing to engage students and show them the benefits of captive insurance careers is important for the industry.
“This is a wonderful and exciting industry where you have many new challenges and opportunities for growth. Hylant is thrilled to help provide this experience for students.”
Contest details, full case study descriptions, entry requirements and award details are available on the CICA website.
