Sarah Pacini has been elected chair of the Captive Insurance Companies Association (CICA) board of directors, replacing Michael Bemi, president and CEO of the National Catholic Risk Retention Group.
Pacini, previously vice chair of the board, also serves as CEO of the Cooperative of American Physicians.
In addition, Joel Chansky, principal and consulting actuary of Milliman, has been elected vice chair, while Steve McElhiney, president of EWI Re and director of Tall Pines Insurance Company, has been elected secretary/treasurer of the CICA board.
The board also re-elected Ken Arguello, senior director of risk management at Schwarz Partners, to a three-year term as a director.
Finally, Carol Frey of Great American Insurance Group and Michael Scott of Agrinational Insurance Company were elected to three-year terms as board directors.