International Center for Captive Insurance Education




March 10, 2011

Despite an extremely challenging economic environment, the International Center for Captive Insurance Education (ICCIE) closed the book on 2010 by finishing strong -- ending another year in the black – and by graduating 50 Associates in Captive Insurance (ACIs), bringing its total to date of nearly 200 industry professionals who have completed the captive industry’s only designation.

New Courses and Instructors

ICCIE continues to add more new electives to its stable of courses. The first new elective of 2011 is “Captive Board Governance,” which will be offered for the first time this month. Taught by John O’Brien, Wendy Fisher, and Tom McMahon, the course takes an in-depth look at corporate governance from the perspective of the Board of Directors.


John O'Brien                 Wendy Fisher                Tom McMahon

Later in the year a 14th ICCIE course in development will be announced and taught for the first time. Both “Captive Board Governance” and the upcoming elective have been developed with the aid of a Next Generation (Act 46) Grant from the Vermont Department of Labor.

ICCIE is also excited to announce that Derick White will soon be co-teaching (along with Chaz Lavelle) the core course “Forming and Operating a Captive.” The former long-time Vermont regulator, now with Strategic Risk Solutions, will debut in this role later this spring.

In another exciting development, ICCIE continues to partner with industry conferences for live seminar broadcasts. Following up on last October’s live webcast of a seminar panel from the Hawaii Captive Insurance Conference, ICCIE’s next live conference webcast will be from CICA on March 14th. “To FASB or to IASB” is the conference panel to be webcast live and then rebroadcast the following morning. The panel will feature Joel Chansky and Magali Welch.


Scholarships to ICCIE for 2011

Several scholarships to ICCIE available in the past are again being offered in 2011. These opportunities are:

The Bermuda Insurance Managers’ Association (BIMA) is again offering two full scholarships to the Associate in Captive Insurance (ACI) designation program. The scholarships will be announced in early June at the Bermuda Captive Conference.

Housing Authority Insurance Group (HAIG) will again be providing the Harry House Scholarships reserved for minority students in a college or university risk management program. This opportunity will offer one student a complete ACI scholarship and an additional student will be awarded an individual course scholarship.

The Vermont Captive Insurance Association (VCIA) is the sponsor of the Distinguished Scholar Award, a full scholarship to the ACI program offered to a VCIA-member individual based on industry participation and community service.

Both the Harry House Scholarship and the Distinguished Scholar Award will be announced at the VCIA 2011 conference in August.

Recent ACI recipients
The following individuals recently completed the Associate in Captive Insurance (ACI) professional designation:

  • Satyajeet Beekarry, PriceWaterhouseCoopers - Grand Cayman
  • Amber Breaux, Alliant Insurance - TX
  • Tammy Chute, HSBC Bank (Cayman ) Limited - Grand Cayman
  • Jordan Cohen, Physicians' Reciprocal Insurers - NY
  • Audrey Dixon, HSBC Group - Cayman - Grand Cayman
  • Jesse Lussier, USA Risk Group - VT
  • Lynsey Marfleet, Aon Insurance Managers - Grand Cayman
  • Kristen Minton, Regions Insurance - AR
  • Jason Oswald, CNA Insurance - CO
  • Gregory Petrowski, GPWA - AZ
  • Larry Prudhomme, GPWA - AZ
  • Daniel Seman, ALPS Corporation - MT
  • Tracy Stopford, USA Risk Group - VT
  • Tom Syzek, Premier - OH
  • Amanda Wescott, USA Risk Group - VT
  • Lori Wind, Wilmington Trust - SC

For additional information on these or any other matters contact ICCIE Executive Director Mitch Cantor at 802-651-9051 or [email protected].