FORTY under 40: Noah Miller
Noah Miller, risk management consultant, CIC Services.
After graduating magna cum laude from Taylor University, Indiana, in spring 2020, Noah Miller began by selling Medicare and life insurance. Eighteen months later, he joined CIC Services as a risk management consultant and has been working there ever since. In that role he routinely meets mid-market business owners and their trusted advisers to educate them on captive insurance companies and why they should consider owning their own insurance company. In autumn 2023, he earned his associates in captive insurance designation from ICCIE.
How did you first become involved in captive insurance?
My family has been involved in the insurance industry for decades, and through those relationships I made connections at CIC services and captive insurance.
What are the greatest challenges of working in this industry, and what do you find most rewarding?
I think the biggest hurdle is that business owners and their advisers are often unaware of what captive insurance companies are and what they can do. The business owners I work with are frequently in a place where they desperately need the insurance protection captives provide. So I take great joy knowing the work we're doing to form new captives relieves a burden for them.
Would you recommend the captive insurance industry to young people as a future career path?
Absolutely. I think the captive insurance industry has a very bright future, particularly for the younger generation. We're seeing highly successful entrepreneurs that are younger and younger, and they prefer to engage with professionals their age. It's a great time for young people to be a part of the captive industry.
We'll see more captives placing property coverage and other more complex risks as the world becomes ever more complicated
What developments do you see ahead for captives?
I think we're seeing a major shift from business owners seeking alternative ways to protect their business. This is largely due to the struggles they're facing in the commercial market, but captives are becoming increasingly successful at providing stability and creativity for these business owners. I think we'll see more captives placing property coverage and other more complex risks as the world becomes ever more complicated.
Do you think your long-term future remains in the captives market?
Certainly. Businesses are always going to need robust insurance programmes to remain competitive. My goal is to provide successful businesses with a means proactively to protect their business to ensure their short and long-term success.
Click here to read Captive International’s third FORTY Under 40 2025 publication.
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