CIC Services appoints new risk management VP

CIC Services has named Jackson Arms (pictured) vice president of risk management consulting. According to the firm his appointment strengthens the firm’s advisory capabilities at a time when businesses across industries are increasingly looking to captives to gain more control over risk financing and volatility.

Arms brings more than 15 years of consulting and risk advisory experience, most recently guiding organizations in developing and refining risk management frameworks tied to long-term operational resilience. His industry experience includes architecture and engineering, manufacturing, construction, government entities, utilities, healthcare organisations, educational institutions and municipalities. In his new role, he will support organisations evaluating captive insurance and alternative risk transfer strategies as part of broader enterprise risk initiatives.

“As market conditions tighten and traditional insurance coverage becomes less predictable or less affordable, more organizations are seeking structured, data-driven strategies to manage volatility,” said Randy Sadler, principal and chief marketing officer at CIC Services. “Jackson understands how to translate complex operational risks into strategic captive solutions. His consultative approach will further strengthen our ability to help clients implement programs that improve stability, governance and financial efficiency.”

His addition marks continued growth for CIC Services as captive utilisation expands among middle-market companies, private equity-backed firms and organisations seeking more transparency and control in their insurance spend. The firm has steadily expanded its advisory, operations and compliance teams in response to increased demand for sophisticated captive solutions.

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