For Immediate Release

April 22, 2006

ICCIE starts '06 with jump in enrollment,

more Associate in Captive Insurance (ACI) recipients,

and an endorsement from the Cayman Islands

Burlington , VT -- The International Center for Captive Insurance Education (ICCIE) finished the first quarter of 2006 with increased enrollment, more ACI designees, and a new endorsement from the Cayman Islands .

 

In Jan.-March of 2006 ICCIE enrolled 17 new designation students, compared to 6 over the same period in 2005 (in other words, a 283% increase this year).

 

The new enrollees came from the Cayman Islands (3), Vermont (2), Pennsylvania (2), and several other states, as well as England and St. Kitts.

 

Several students last quarter also enrolled in individual courses only, including two students from Bermuda, one from Vermont and S. Carolina, and one from Switzerland .

 

Four ICCIE enrollees recently earned the ACI designation. They are:

 

Jim Wrynn, an attorney with MacKay, Wrynn and Brady in New York ;   

Paula Audibert and Cindy Lyford, both captive managers with USA Risk Group in VT; and

Diane Martin, of American Power Conversion in Rhode Island .

 

The recent ACI recipients bring the total number of ACI designees to 8, with about 25-30 other students one course away from completing the program. About 90 students have enrolled in ICCIE as ACI designation students to date, with another 60 students participating as single course (“modular”) students.

 

The Insurance Managers' Association of Cayman (IMAC) recent gave an official endorsement of ICCIE and the Associate in Captive Insurance (ACI) professional designation. IMAC Education Committee members met with ICCIE Executive Director Mitch Cantor in 2005 to get all the details about the program and recently met to officially put their stamp of approval on the program.

 

“I am excited about the educational opportunities that the ICCIE program offers to those in the captive insurance industry, as I believe it will benefit both the captive insurance manager and our service providers. We will be encouraging those in the industry here in the Cayman Islands to take full advantage of this program and we look forward to its long term success,” says Monique Jackson, chair of IMAC's Education Committee.

 

For additional information, contact Mitch Cantor at 802-651-9051 or mitch@iccie.org.