12 March 2019

CICA presents annual awards to Johnson Lambert partner Bowers and ACIG

The Captive Insurance Companies Association (CICA) has presented its distinguished service award to Gary Bowers, tax partner at Johnson Lambert and Co, and its outstanding captive award to American Contractors Insurance Group (ACIG).

This was announced at the opening general session at the CICA annual conference in Tucson, Arizona.

CICA’s distinguished service award recognises individuals or organisations that have made significant contributions to advancing the captive insurance industry. The 2018 award went to the European Captive Insurance and Reinsurance Owners’ Association (ECIROA), and 2017’s award went to Karin Landry.

Bowers joined Johnson Lambert in 2001 and helped grow its North Carolina office with founding partner Debbie Lambert. He is said to be instrumental to developing the firm’s tax practice for 15 years.

The association’s outstanding captive award recognises creative uses of a captive or risk retention group, along with captives that have been successful in managing itself in terms of net results and usefulness to its owners. 2018’s award went to Energy Insurance Services (EIS), and 2017’s award went to Fiat Lux Risk and Insurance Company.

ACIG is a group captive that started in Bermuda in 1981, and provides direct workers’ compensation, employers liability and general liability. It serves 38 group members which are all privately owned construction companies.