A History of Success
CICA was formed in 1972 to foster and support the development of captive insurance companies around the globe. Through the years, CICA has evolved along with the industry to offer alternative risk professionals the latest, most up-to-date viewpoints on captive insurance, and more recently, risk retention groups. CICA's expanding membership is a tribute to its growing number of educational offerings and its efforts to keep top professionals informed of the latest developments or challenges in the industry.
CICA members come from a wide range of industries.
More than thirty jurisdictions (Countries & U.S. States) have existing captive or risk retention legislation and many new domiciles are emerging and expanding.
CICA members have an average of 2.5 captives per member.
CICA members are domiciled throughout the world, with the highest number domiciled in Vermont, Hawaii, Bermuda, the Cayman Islands and the British Virgin Islands.
These captives most commonly write workers' compensation and property/casualty lines, but have also diversified into areas such as product liability and employee benefits. Others have diversified into a substantial amount of related outside business and view their captives as important cost-savings mechanisms.
CICA’s Captive Best Practices Guidelines (14 pages) is meant to serve as guidelines applied to business situations for a variety of captives. The document needs to be considered in light of each particular captive’s objectives since each captive entity is unique. The guidelines should serve as principles for captive owners and members as they develop their captive programs. It was drafted and reviewed by the CICA Best Practices Advisory Board, which consisted of a group of domicile regulators (“regulator group”) and a separate group of captive owners/operators with extensive captive experience (“industry group”).
The Coalition for Fairness to Captive Insurers, CICA and VCIA are pleased to report that that on February 20, 2008 the Internal Revenue Service announced that it is withdrawing proposed IRS Regulation §1.1502-13(e) on consolidated returns that would have adversely affected single parent captive insurance companies. Consequently, the public hearing requested by the Coalition on this issue which was scheduled for February 29th has been cancelled.
CICA is the first and best source of unbiased information, knowledge and leadership for captive insurance decision-makers. Look to CICA for the best networking, education and advocacy for the captive insurance industry.
Duane Castles - Physician Insurers Association of America (PIAA)
The Physician Insurers Association of America (PIAA) is the only trade association representing the physician-owned and/or -operated medical professional liability insurance industry.
Duane Castles - PIAA membership
PIAA membership comprises two categories: Primary (Regular and Associate Members) and Affiliate. Primary Members provide medical professional liability coverage to physicians, dentists, and hospitals, among others.
Affiliate Members consist of non-insurance companies that provide goods and/or services to the medical professional liability insurance industry.
The PIAA is pleased to introduce a new tier to its successful Affiliate Membership program: a new, five-year pilot membership program for legal defense firms that have an ongoing business relationship with PIAA regular or associate members.
Duane Castles: PIAA Marketing Workshop!
The PIAA Marketing Workshop will be held at the Planet Hollywood Hotel & Casino in Las Vegas on April 2–4, 2008.
This workshop is intended for marketing professionals of all levels: account representatives, corporate communications personnel, physician and insurance executives, board members, and any PIAA members with an interest in medical professional liability insurance marketing and sales.
This comprehensive program offers a host of presentations on individual issues specific to marketing, sales, and communications, as well as updates on the performance of the medical professional liability insurance industry as a whole.
Duane Castles - To become an Affiliate Member of the PIAA
To become an Affiliate Member of the PIAA, please complete and return the application form.
Please note that first year membership dues will be prorated by number of full months left in the calendar year.
We hope you will take advantage of this unique opportunity to participate in an exclusive forum for defense law firms that serve the physician-owned and/or -operated medical professional liability insurance industry.
Duane Castles
Open discussion among attendees is encouraged, and ample time during the program will be dedicated to informal conversation.
This is a unique opportunity for anyone interested in medical professional liability insurance marketing issues.
If you can attend only one educational meeting this year, make it the PIAANo other program can offer you as much information as this one.
The new program, Affiliate Membership for Defense Law Firms (AMDLF), was designed to be mutually beneficial to PIAA members and the defense law firms that serve them.
Established as a separate subgroup of Affiliate Membership, the new AMDLF category will offer the same high-quality programs and services that regular Affiliate Members receive - adapted to meet the needs of the defense counsel.
In addition, this unique program provides defense firms with unparalleled corporate exposure opportunities-opportunities that are not available anywhere else!
Please refer to our chart that outlines the exposure opportunities available within the different levels of membership, as well as the current benefits of Affiliate Membership.
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