2026 North Carolina Captive Conference sees growth

The North Carolina Captive Insurance Association's (NCCIA) annual conference, held August 24 - 26 in Charlotte, saw an attendance of 200 risk managers, captive owners, managers and service providers.  

Multiple concurrent and plenary sessions covered topics around establishment, growth and challenges.  “We now have a great platform to build on.” said Zach Almond, the president and chief executive of the NCCIA. 

One of the primary goals of the association is to educate and advocate with the North Carolina legislature about resources for the State's Department of Insurance. “There are no issues around professionalism within the Department,” said Almond, “but with the growth that we are seeing in captive formations as well as the expansion and changes of the current captives, we want to make sure that the capacity is there to enable the department to maintain and enhance service levels.”

Some of the themes explored at the NCCIA Conference included:

• Volatility.  From a global mining entity with operations in places that are constantly in the headlines, to property developers looking at revised flood and wind event models, there was an underlying theme of corporate responses to political, social, and climate issues that then require the captives to respond accordingly. Within North Carolina, this is one of the drivers of the activity that the Department of Insurance is seeing.

• Education. Many participants covered the need to educate C-Suite on the changes in attitude needed as a captive is adopted as a strategy. Lea Dulin Grandbois of Albemarle Corp told her panel's audience that many captives face the challenge of building an understanding of the change in philosophy required when you retain some aspects of risk rather than getting more complete coverage in the commercial marketplace.

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