Captive Insurance Companies Association (CICA) has appointed Nicholas Hentges, CEO and principal of Captive Resources, as chair of its board of directors.
Hentges has served on the CICA Board since 2020 and also serves on CICA’s NEXTGen Committee.
Hentges has more than 30 years’ experience in the captive insurance industry, educating corporations and their brokers about the benefits of pooling their resources and lowering their insurance costs through the formation of member-owned group captive insurance companies.
In addition to Hentges, the board elected Mary Ellen Moriarty, vice president for property and casualty at EEIA, as vice chair and Heather McClure, chief risk advisor at US Healthcare Practice at Aon, secretary and treasurer.
Commenting on his appointment, Hentges says: “As CICA and the captive industry grow I look forward to working with my board colleagues and our volunteer leaders. We want to provide the education, advocacy, best practices and professional development our members need to help their captives create the innovative solutions that fuel our industry’s growth.”