Joel Chansky of Milliman has been elected chair of the board of directors for the Captive Insurance Companies Association (CICA).
Chansky, who serves as a principal and consulting actuary in Milliman’s Boston office, specialises in alternative market issues.
He also works as a faculty member of the International Center for Captive Insurance Education, and a former board member of the National Risk Retention Association, the Arizona Captive Insurance Association, and the Captive Insurance Council of the District of Columbia.
In addition, Chansky frequently speaks on topics such as captives, risk retention groups, and alternative risk financing.
Commented on his appointment, Chansky said: "Our board has charted a strong course for CICA's future. I look forward to our continued growth and increasing CICA's presence and collaboration with our international partners.”
The board has also elected Steve McElhiney as vice chair and Lance Abbot as secretary/treasurer.
McElhiney serves as president of EWI Re, while Abbot works as president of BevCap Management, director of BevCap Captive Group and director of BevCap’s sponsored cell captive.
Board members McElhiney and Fredrik Finnman, who serves as group risk manager at Sandvik Group, located in Sweden, were re-elected to three-year terms.
Returning CICA board members include Courtney Claflin, Carol Frey, Michael Scott, Audrey Rudberg and Sarah Pacini.
Pacini, who works as CEO of the Cooperative of American Physicians, was elected CICA board chair last year.
