The Delaware Insurance Department Bureau of Captive and Financial Insurance Products has been selected to become an International Center for Captive Insurance Education (ICCIE) trained organisation.
To qualify as an ICCIE trained organisation, the Delaware captive bureau had to have at least 20 percent of its professionals in possession of the associate in captive insurance (ACI) distinction in good standing.
At least 30 percent of the captive bureau’s professionals also had be ACIs, certificate in captive insurance (CCI) holders, or currently enrolled in the ACI or CCI programme.
Commenting on the recognition, Delaware’s insurance commissioner Trinidad Navarro said: “This recognition by the ICCIE reflects the education, experience, and professionalism of Delaware’s captive insurance staff. One of my objectives is to build upon a staff of highly competent regulators who know and understand how to regulate insurance for the benefit of my fellow Delawareans.”