Chris Stormer, shareholder with Bauknight Pietras & Stormer, has been elected to the Delaware Captive Insurance Association (DCIA) board of directors.
Stormer, who joins a 14-member strong DCIA board, will serve a three-year term.
Insurance has been a key part of Stormer’s practice since he joined Bauknight Pietras & Stormer in 1992, and today the firm is recognised as a leading firm in the captive industry.
Currently, he leads the firm’s services to regulated insurance carriers, risk retention groups, association captives, and pure captive insurance companies throughout the US.
Additionally, Stormer is the former chairman, president, and treasurer of the South Carolina Captive Insurance Association, and a member of the Vermont and North Carolina captive associations.
Delaware has more than 550 active captive insurance companies, making it one of the top ten domiciles in the US.
Stormer said he looks forward to being an active board member and helping to lead the state’s captive insurance initiative.
He added: “Captive insurance continues to be highly attractive to companies and associations that want greater control over their insurance programs, their coverage, and costs.”
Joanne Shaver, DCIA president, described Stormer as “a highly regarded member of captive community”.
Shaver continued: “The DCIA is looking forward to having him serve on the board of directors.”
