The Texas Captive Insurance Association (TxCIA) appoints T.J. Scherer to its board of directors. Scherer, who currently serves as vice president at Spring Consulting Group (Spring), brings more than 10 years of experience in advising organisations on complex risk management and captive insurance programmes. Based in Modesto, California, Scherer joined Spring in July 2023. In his current role, he is responsible for developing the firm’s domestic and international property and casualty (P&C) and employee benefit consulting and actuarial business. In his new position on the TxCIA board, Scherer will collaborate with industry peers to support the association’s mission through strategic oversight, regulatory guidance and industry advancement as Texas continues to grow as a captive domicile. Commenting on the appointment, Spring says: “As Texas continues to grow as a premier domicile, we are thrilled to have TJ helping shape the future of the industry. We know his expertise and leadership will be an incredible asset to the board and the broader captive community.” The TxCIA serves as a primary information resource for members and regulators, providing networking and marketing opportunities for individuals and organisations involved in the sector. The association actively advocates for state and national policies that encourage the use of captive insurance for risk management. Key objectives for the TxCIA include promoting Texas as a premier domicile and encouraging captives in other jurisdictions to re-domicile to the state. Through an aggressive advocacy programme in Austin and Washington, D.C., the association works to protect the interests of captive entities by building relationships with key decision-makers and state regulatory officials, including the Texas Department of Insurance.
