CICA reveals study topics for 2023-24 essay contest

The Captive Insurance Companies Association (CICA) has announced case study topics for its 2023-2024 Captive Insurance Solutions for Today’s Risk Management Challenges essay contest.

The essay contest is sponsored by Hylant Global Captive Solutions. Winners receive cash prizes and the opportunity to present their winning papers at the 2024 CICA International Conference March 10-12 at the Westin Kierland Resort & Spa, Scottsdale, Arizona.

Student teams will select one of three case study topics for the competition. Case studies focus on developing strategies to help fictional organizations in real-world situations develop captive insurance solutions. Students will analyse and design a captive insurance structure to address the case study’s prime insurance risks and explain the rationale behind their conclusions.

“The captive insurance industry needs curious minds and creative thinkers who will help develop innovative solutions for the complex problems captive insurers are addressing,” said CICA president Dan Towle. “We also need a broad array of skills from disciplines that might not see insurance as a first-choice career path. That’s why we are pleased CICA’s Essay Contest brings in students from insurance, risk management, actuarial science and business majors.”