I hope all is well with you. These are very busy times for the captive insurance industry with continued uncertainty and a hardening insurance market. This has caused increased interest in captive formation and greater utilization for many existing captives. Throughout all of the interruption of the past year, captives have proven their importance to many organizations’ risk management strategies. It also reminds us of how important it is to support, defend and celebrate a captive industry that is often misunderstood and under attack. I thank all of you who have renewed your CICA membership, and I encourage you to support your domicile associations. These are challenging times, and it is important to support your captive association.
I am encouraged by the roll-out of vaccinations that are available to many of us now. This gives me new optimism for captive conferences and business travel resuming in the near future. I have officially booked my first flight for business travel to attend the in person Western Region Captive Insurance Conference in June. It feels great to actually have a flight booked in my “upcoming trips” folder! Things will likely be modified for some time, as strong risk management is core to our values, but I am eager to again see my captive friends and colleagues in person! I have enjoyed seeing many of you through video conference, seeing the insides of your home, perhaps meeting a spouse, pet or child, but I am looking forward to the days of less video conference calls! I continue to hear from members how eager you are to get together with industry colleagues.