Captive Insurance Companies Association
What Does Captive Insurance Companies Association Mean?
The Captive Insurance Companies Association (CICA) is an organization focused on advancing the education, networking, and professional skills of individuals in the captive insurance industry. It also aims to support those who are interested in entering the field but are not yet captive insurance professionals. CICA is one of the leading resources for individuals and businesses involved in the captive insurance industry.
Insuranceopedia Explains Captive Insurance Companies Association
The Captive Insurance Companies Association, also known simply as CICA, is not limited to a specific region or company; it has a broad reach across various areas of the captive insurance industry. However, it is particularly prominent in Bermuda and Vermont. Founded in 1972, CICA plays a significant role in the sector.
CICA also presents the CICA Distinguished Service Award, which recognizes an insurance professional who has made outstanding contributions to the captive insurance industry and serves as a model for others in the field. This award highlights the importance of leadership and excellence within the industry.
