At its annual international conference, the Captive Insurance Companies Association (CICA) awarded Paul Phillips, partner, Global Captive Network Tax & Strategy leader, Ernst & Young, with the CICA 2025 Distinguished Service Award.
In addition, Tenda, a member of the Ilitch Companies family of businesses, was awarded with the CICA 2025 Outstanding Captive Award.
The Distinguished Service Award is presented annually to an individual or entity that has made a significant contribution to the captive insurance industry, while the Outstanding Captive Award is presented to captive insurance company or risk retention group that has demonstrated creativity in captive use, or has offered some form of outstanding performance in terms of net results or prevailing in difficult times.
Phillips has worked in the captive industry for over 30 years, having been involved in over 1,000 captive formations. Speaking about the award, he says: “I am very honoured and appreciative of the recognition. When I see the list of past recipients, I am humbled to be standing in their company.”
Tenda found success through its customised approach to offering health insurance for the family members and others in the Ilitch Family Office.
Speaking about the announcement, Jennifer Allen, director, Insurance & Risk Solutions at IFO Group, says: “This recognition from industry peers affirms our dedication to delivering exceptional value and advancing the industry through tailored and forward-thinking insurance solutions.”
