The Captive Insurance Companies Association (CICA) has presented Ward Ching with the 2026 Distinguished Service Award at its annual International Conference. The award is presented annually to a single individual or entity that has made a significant contribution to advancing the captive insurance industry. Ching, who currently serves as chief client officer, global risk finance at Aon Commercial Risk, has worked within the global risk finance and insurance industry since 1978. Throughout his career, he has been extensively engaged in the strategic use of captive insurance companies, focusing on integrating captives with corporate strategy, risk finance, reinsurance and alternative risk transfer. In addition to his role at Aon, Ching is an adjunct professor of management in the Marshall Business School at the University of Southern California, where he teaches insurance and risk management courses. He was instrumental in the development of Hawaii as a captive domicile and served as a core member of the design teams for ACE and XL in the early 1980s. Commenting on the achievement, Ching says: “When I see the list of past recipients, I know this is an incredible honour. Working at a university, I believe in equipping the next generation of captive leaders. I hope to encourage them by showing what impact they can make when you commit yourself to developing your skills and make intentional industry connections.”
