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Generic business image for news article Image: UCIA_Leane Rafalko

25 November 2025
US
Reporter John Savage

Leane Rafalko Elected VP of Utah Captive Board

CIC Services announces that Leane Rafalko, CFE and ACI, is elected vice president of the Utah Captive Insurance Association (UCIA) Board of Directors. The CIC Services director of captive management has more than 20 years of experience as a captive manager, regulator, auditor, and analyst. Her term as vice president transitions to board president in 2027 following the association’s annual membership meeting. Rafalko joins the UCIA board with extensive regulatory and industry experience. She came to CIC Services in 2023 after serving in senior roles at RH CPAs, PLLC, and Hylant Global Captive Solutions. Earlier in her career, she spent over two decades with the North Carolina Department of Insurance, ultimately serving as chief captive analyst. UCIA highlights that her election will strengthen the association’s leadership and support its mission to advance education, advocacy, and excellence within one of the industry’s largest domiciles. Rafalko currently serves on the Board of Governors for the Society of Financial Examiners (SOFE) and on the Board of Directors for the North Carolina Captive Insurance Association. Bryan Ridgway, CIC Services Chief Operating Officer and Managing Partner, says: “We are thrilled to see Leane step into this important leadership role within the Utah Captive Insurance Association. Her regulatory insight, technical depth and commitment to advancing best practices make her an invaluable resource to the captive community. UCIA and its members will benefit greatly from her guidance.” CIC Services is a captive insurance manager and strategist that helps small and mid-sized business owners turn risk into wealth by owning their own insurance company. The UCIA is a not-for-profit organisation that promotes education, advocacy, and collaboration within the captive insurance industry.

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