SCCIA provides $100k gift to Moore School

The South Carolina Captive Insurance Association (SCCIA) has gifted $100,000 to the Moore School, part of the University of South Carolina, to create the South Carolina Captive Insurance Endowed Fund.

The fund will provide support for undergraduate scholarships and graduate fellowships for Moore School students, specifically for students who have expressed interest in pursuing a career in captive insurance in the state of South Carolina. The fund will give preference to students who have completed or are enrolled in risk management and insurance classes and those who have interned for a South Carolina Captive Insurance Association member organisation.

“Organisations are challenged by risks each and every day; identifying and managing these risks in a systematic manner is critical to long-term organizational success,” said Robert Hartwig, director of the Moore School’s Risk and Uncertainty Management Center and finance clinical associate professor.

The SCCIA provides advocacy, promotion and education for stakeholders of the South Carolina captive insurance industry, which relates to a smaller insurance subsidiary that is fully owned by a larger parent company helping to manage risk mitigation services and provide insurance for its parent company or related entities.

The SCCIA created the South Carolina Captive Insurance Endowed Fund to sustain and expand the captive insurance industry in South Carolina through supporting future graduates of the Moore School.

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