FORTY under 40: Nina Hurley
Nina Hurley, Senior account executive, captive management, AIG Captive Solutions
Nina Hurley started in captives right out of college, as an auditor with Johnson Lambert in Burlington, Vermont. After about four years in audit, she made the switch to captive management, and worked at Beecher Carlson (now Brown & Brown) for six years, before starting her career at AIG in 2021.
She is licensed as a certified public accountant in Vermont, and is working on her Associate in Risk Management designation. As a senior account executive at AIG she works on about seven different clients in varying industries and captive structures. Her responsibilities include financial reporting, regulatory compliance, and client service.
It’s been important to her that captives are an easy solution for the risk management needs of AIG’s clients.
She previously participated in the Vermont Captive Insurance Emerging Leaders group, and serves as board member and treasurer for the Vermont Brewers Association.
How did you become involved in captive insurance?
I hadn’t heard of captive insurance, despite being raised in and going to college in Vermont. I interviewed with Johnson Lambert during college, and learned about captives when I started there in 2011.
What are the biggest challenges of working in this industry, and what do you find most rewarding?
The biggest challenge is keeping up with growth. There’s been an increase in new captive formations—whether single-parent, group or protected cell captives—and expansion in coverages for current clients. It is rewarding to find solutions for our clients, especially when the solution is unusual or new for the industry.
Would you recommend the captive insurance industry to young people as a future career path?
Captive insurance is an amazing career option. It’s flexible, innovative, and every day is different. I have found a great work/life balance and amazing benefits. Every place I have worked emphasises community, so there have always been opportunities to volunteer.
The people in this industry are smart, talented, collaborative and friendly. Despite many of us being competitors, everyone is willing to share knowledge and solutions to build up the industry as a whole.
“Everyone is willing to share knowledge and solutions to build up the industry as a whole.”
What developments do you see ahead for captives?
More innovative solutions to commercial market problems. I think that the increased severity and frequency of intense weather events, the growth of social media and AI, and increasing political instability will all filter into the captives space.
We’re facing the same challenges of attracting new talent that many other industries are struggling with, so I think groups such as CICA’s NEXTGen and the Vermont Captive Insurance Emerging Leaders will gain more traction.
Do you think your long-term future remains in the captives market?
It’s a community I’m happy to be a part of. Growing up and living in Vermont, I am proud to be part of an industry that supports our state.
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