Here are some recent updates from ICCIE, the official education program of the captive insurance industry. ICCIE Graduates Its 600th ACI We are delighted to announce that ICCIE has reached a huge milestone: this week we awarded the 600th Associate in Captive Insurance (ACI) designation. First launched in August of 2004, ICCIE has had a…
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Press Items
Industry Initiatives – An Educational Offering
ICCIE is featured in the latest issue of “Captive International” Here is the link to the article: https://newtonmedia.foleon.com/captive-international/captives-career-focus-2021/an-educational-offering/
Press Release – September 9, 2021
Here are some recent updates from ICCIE, the official education program of the captive insurance industry. New ICCIE and IRMI / Captive.com Agreement The International Center for Captive insurance Education (ICCIE) is delighted to announce a new partnership with the International Risk Management Institute (IRMI) and Captive.com that will connect IRMI’s online self-paced captive…
Feasibility Studies Update
“ICCIE instructor and Board member Bruce Whitmore recently authored these two articles about feasibility studies for Captive International. Here are links to the two articles” https://www.captiveinternational.com/contributed-article/understanding-captive-feasibility-studies https://www.captiveinternational.com/contributed-article/do-i-need-a-captive-feasibility-study
Captive Formation: The Road to Successful Risk Management
Contributed by Hartley Hartman, ACI Graduate, ICCIE Board Member and Instructor COVID-19 has brought an unprecedented amount of uncertainty to the insurance marketplace and an extra layer of complexity for an entity seeking an affordable means of insuring its business risk. The hardening of the insurance market will lead to the formation of many new…
The Future of Insurance Company Investments: 2021 and Beyond
Contributed by Carl Terzer, ICCIE Board Member and Instructor The general purpose of an insurance company’s investment program is to take current earned premiums and invest them in a manner to assure its solvency when claims are to be paid out at various points in the future. Generally, this requires a more conservative approach to…
Press Release – September 28, 2020
The International Center for Captive Insurance Education (ICCIE) ************* Big Changes at ICCIE Make ACI Maintenance More Convenient and Affordable ICCIE is delighted to announce some new changes to the ICCIE CE Subscription program and the ACI Alumni Network (AAN) that will make maintenance of the Associate in Captive Insurance (ACI) designation more convenient and,…
“The Vanishing Conference Schedule”
Contributed by Joanne Shaver, ICCIE Board Member and ACI Graduate With the number of recent conference cancellations, it has occurred to me that once the business world returns to a sense of normalcy the in-person events that the captive industry thrives on will look a lot different. It started with the CICA annual conference being…
Why Cell Captives Are Surging in Popularity
Cell captives come with many different names, depending on the domicile. But whether they be segregated cell companies, protected cell companies, portfolio insurance companies or rent-a-captives, a growing number of prospective captive owners are choosing these vehicles for the flexibility they offer, say Lawrence Cook and Chris Mandel of Sedgwick.
Being a Captive Owner
Contributed by ICCIE Board Member and ACI Graduate, Linda Syth Being a captive owner has many phases. From exploration to novice to mature each phase has its nuances. In the beginning. the most critical aspect for our organization was education. When I reflect on our captive analysis, it began pretty typically. Explore the Internet. Buy…
The Problem with Bonds
Contributed by ICCIE Board Member and Instructor, Carl Terzer of Capvisor Associates Most Captive Insurers are predominantly bond investors. Since insurers have claims liabilities that must be paid, the bulk of their portfolios consist of high quality, investment grade bonds. These bonds have relatively stable market values as compared to other asset classes, such as…
What do we make of all the recent publicity on risk pools?
Contributed by ICCIE Board Member and ACI Graduate, Joanne Shaver of Intuitive Companies Unfortunately, risk pools are getting a lot of negative attention from the IRS following the Avrahami, Reserve Mechanical and Syzygy Insurance tax court cases. Risk pooling is a standard practice of insurance. It is a way for insurance companies to reduce the…
Insurance Risk vs Business Risk – Where is the line between risks that can and cannot be insured?
Contributed by ICCIE Board Member and Instructor, Michael Douglas of Aon In the US there is no standardized definition of insurance which captive owners can look to in order to ensure that the risks they place with their captive can be properly defined as “insurance” for the purposes of achieving favorable accounting treatment. What is…
Press Release – February 6, 2019
FOR IMMEDIATE RELEASE ************************ The International Center for Captive Insurance Education (ICCIE) Here are some recent updates from ICCIE, the official education program of the captive insurance industry. ************************ New ICCIE Course Discounts For RIMS Members ICCIE is pleased to announce a new cooperative agreement with the Risk and Insurance Management Society (RIMS). Starting…
Is a Captive Run Like an Insurance Company?
Contributed by ICCIE Board Member, Ben Whitehouse of Butler, Snow LLP One of the most common admonitions given to prospective and current captive owners is that a captive must be run like an insurance company. I’m still not exactly sure what that means in the context of a captive in the sense that many attributes…
A New Standard for the Captive Industry
Dennis Silvia, Cedar Consulting The beginning of a new year always causes me to think back over the previous year, and in the captive insurance world there has been a lot happening. Captives continue to be a target for the IRS and they have been successful in winning cases against a couple of egregious captive…
Press Release – August 30, 2018
FOR IMMEDIATE RELEASE Here are some recent updates from ICCIE, the official education program of the captive insurance industry. ************************ CICA Continues as Leading Financial Supporter of ICCIE The Captive Insurance Companies Association (CICA) continued its terrific financial support for ICCIE with a contribution of $10,000, presented during the ICCIE Board’s Annual Meeting just prior…
Press Release – June 28, 2018
Here are some recent updates from ICCIE, the official education program of the captive insurance industry. ************************ CICA to Offer One-Year Free Membership to New ACI Graduates ICCIE is delighted to partner with the Captive Insurance Companies Association (CICA) on a new program intended to support the career development and educational needs of captive professionals.…
Update from the National Association of Insurance Commissioners (NAIC)
“Contributed from ICCIE Board Member Hartley Hartman (of Johnson Lambert):” The annual Spring Meeting of the National Association of Insurance Commissioners (NAIC) has come and gone and with it comes a variety of changes to the statutory accounting guidance that’ve we’ve all come to know and love. As the NAIC statutory accounting guidance is…
Press Release- April 17, 2018
Here are some recent updates from ICCIE, the official education program of the captive insurance industry. ************************ ICCIE Announces New CE Guidelines ICCIE is delighted to announce some changes to our continuing education (CE) guidelines for graduates of our Associate in Captive Insurance (ACI) designation. The new schematic will make it more convenient and easier…
Press Release – February 22, 2018
FOR IMMEDIATE RELEASE Here are some recent updates from ICCIE, the education program of the captive insurance industry. ************************ ICCIE Launches Its New LinkedIn Page It’s finally here! ICCIE has launched its LinkedIn page (https://www.linkedin.com/school/iccie/). We expect our site to be an excellent resource to help you connect with other captive professionals…
Press Release – January 18, 2018
FOR IMMEDIATE RELEASE As we launch into 2018, ICCIE is looking forward to a year of tremendous activity. Just as the new year brings a number of fresh initiatives, the past year ended with a bang. Here are some developments we would like to share with you: ************************ Lesley Thompson Announced as ICCIE Fellow At…
Press Release – September 21, 2017
FOR IMMEDIATE RELEASE ICCIE finished the summer with some big updates on the heels of a number of changes we have enacted in the last 18 months. We’re very proud to make the following announcements: ************************ Tina Truax McCuin Announced as ICCIE Fellow At the Vermont Captive Insurance Association (VCIA) annual conference general session last…
ICCIE Press Release – July 20, 2017
FOR IMMEDIATE RELEASE The International Center for Captive Insurance Education (ICCIE) Announces Some Big Changes ICCIE has announced some big changes and improvements in recent months – we want to be sure you haven’t missed any of the news. Here are some noteworthy developments: ************************ The Captive Career Center The International Center for…
ICCIE Press Release – September 12, 2016
FOR IMMEDIATE RELEASE THE WAIT IS OVER!… New ICCIE Website Is Live… For those of you who have not been to our cyber home in the last few days… take a moment to stop in and peruse our new ICCIE website, which went up late last week. The freshly-minted site makes finding information about ICCIE…
ICCIE Press Release – August 2, 2016
Anniversary Celebration – 12 Big Ones! On the evening of Monday, August 8th, ICCIE will celebrate another anniversary: number 12! The big Burlington Community Boathouse event – which has become recognized as the unofficial opening of the VCIA conference – is open to all and runs from 7:30-9:30 p.m. Come celebrate the success of the…
ICCIE Press Release
Announcing two big initiatives: the Certificate of Captive Insurance (CCI) and the Modular Block Purchases
ICCIE Press Release
Announcing new core and elective courses.
ICCIE Press Release
Announcing over 300 graduates and scholarship winners.
ICCIE Press Release
ICCIE’s 10th Anniversary Celebration and new instructors.
ICCIE Press Release
Announcing ICCIE at The ASHRM Academy, Successful New ICCIE Elective: “Captive Claims Management Best Practices & Reinsurance”, More ICCIE Webcasting Live From Captive Conferences, ICCIE Sustainability Fund, New Faculty and Board Member, Upcoming Events and Recent ACI Recipients