Renea Louie, chief operations officer of Pro Group Captive Management, will assume the position of chair for the Captive Insurance Companies Association’s (CICA) 2022 board.
In her role at Pro Group Captive Management, Louie is responsible for managing the day-to-day operations, including marketing, underwriting, accounting, audit, risk management, client acquisition and retention, regulatory compliance and corporate communications.
With extensive experience in the alternative risk transfer industry, Louie has served on the CICA board for the past four years.
Commenting on her upcoming term as chair, Louie says: “It is an honour and privilege to serve as CICA’s 2022-2023 board chair. CICA’s strength stems from our members, leadership and staff who are all passionate in serving the industry to create innovation, solutions and progress.
“The global pandemic has revealed to a much larger universe of business owners the power of captives and the coming years will bring large growth for the industry. With growth comes new challenges, and CICA remains committed to providing the education, insights, perspectives and best practices in all facets of captive operations, guidance and leadership needed to thrive.”
In addition, Nick Hentges, CEO of Captive Resources, has been elected as vice chair, while Mary Ellen Moriarty, vice president for property and casualty at EIIA, has been elected as secretary/treasurer.
Returning CICA board members are Courtney Claflin, executive director of captive programmes at the University of California, Office of the President; Colin Donovan, president of STICO Mutual Insurance Company; Deyna Feng, director of captive programmes at Cummins Risk International; Heather McClure, chief risk advisor of Aon’s US healthcare practice; Michael Scott, attorney at the Law Office of Allison & Mosby-Scott; and Michael Zuckerman, associate professor at Temple University.
The association also elected Udo Kappes, head of property and casualty, employee lines and reinsurance at Airbus Insurance Risk Management, where he is responsible for the group-wide risk transfer of global property, liability, employee and financial lines of risk.
Kappes also chairs the board of directors of the European Captive Insurance and Reinsurance Owners’ Association.
Finally, Prabal Lakhanpal, vice president of Spring Consulting Group and chair of CICA’s NEXTGen Young and New Professionals Committee, will begin his appointed term on the board.
