Dan Towle gets top CICA job


Vermont’s Dan Towle is the new president of the Captive Insurance Companies Association (CICA).

Towle will take over from the retiring Dennis Harwick on 24 April. He will take part in his first CICA board meeting on 9 June.

Towle has been a mainstay of captive insurance since 1999.

He has served as the director of financial services for Vermont, putting him at the centre of marketing and business development for the state’s growing captive insurance industry, which is largely held as one of the best in the world.

Within state government, Towle advises Vermont’s governor and secretary of commerce on new legislation and policy recommendations, so he’s highly practised at talking to legislators and pursuing an agenda that is beneficial to captive insurance.

He’s also active with the Vermont Captive Insurance Association and a current member of the Risk & Insurance Management Society.

CICA board chair Michael Bemi, president and CEO of the National Catholic Risk Retention Group, said: “Dan Towle brings the mix of industry knowledge, passion and new strategies that we felt were the best fit for CICA’s next chapter. He has built strong relationships across the captive industry, and has worked successfully with businesses and captive colleagues to help shape Vermont’s success.”

“I am both humbled and excited to be CICA’s next president,” Towle said. “CICA has a long history of strong leadership, advocacy and providing unbiased information, continuing that tradition and delivering value for our members is a top priority for me.”

Commenting on his career in Vermont, Towle said: “I am proud of our growth and all that we have achieved together. I am fortunate to have worked alongside some of the most talented individuals in all of captive insurance, including legends, Len Crouse and David Provost. I am thankful for the knowledge and insight they and fellow leaders in the broader captive insurance industry have passed down to help shape my own understanding and experience.”
Features
The latest features from Captive Insurance Times
Jeremy Colombik of MSI and NCCIA chair explains to Becky Butcher that Notice 2016-66 could be detrimental to not just North Carolina, but other domiciles that are home to smaller captives
Dan Towle, president of CICA and Zach Finn, professor at Butler University, discuss their new professional development partnership, which will see students learn about the variety of career opportunities in captive insurance
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Alan Cabello of AGCS discusses blockchain technology, captives and the future
Alan Fine of Brown Smith Wallace explains how the industry should proceed after the Avrahami court case ruling
Dana Hentges Sheridan, general counsel and chief compliance officer at Active Captive Management, provides insight into the differences between business risks and insurance risks
Predicting when interest rates will change is difficult, which is even more reason to maintain a disciplined approach to your investments, according to Stephen Nedwicki of Comerica Bank
Looking ahead to 2018, Phillip Giles of QBE North America predicts continued uncertainty for the healthcare reform
Michael Schroeder of Roundstone explains why transparency, control and cost savings are the secret sauce offered by a medical captive
Domicile profiles
The latest domicile profiles from Captive Insurance Times
Tennessee’s governor, commissioner, general assembly and business community have all worked together to create ‘explosive growth’ in the state’s captive insurance industry. Julie Mix McPeak explains more
Newly-appointed chairman of CCIA Michael Maglaras suggests that the future is bright for state’s captive industry
Asset Servicing Times

Visit our sister site
for all the latest asset servicing news and analysis

assetservicingtimes.com
Although the Isle of Man is currently focusing on updating its regulatory framework, Solvency II, Brexit and the Asian market all hold big opportunities for the island
Debbie Walker of the North Carolina Department of Insurance tells Becky Butcher why the state is among 2017’s standout performers
Experts convene to talk to Becky Butcher about the stability that Guernsey represents in a challenging financial and political environment
In an era of increasing uncertainty, Tamatoa Jonassen suggests that the Cook Islands can be a bridge to financial security in a captive
With a dedicated captive plan in place, the Lone Star State is on the rise, says Josh Magden of the Texas Captive Insurance Association
After 36 years of captive business, Vermont boasts a culture of legislative change, and still has a few tricks up its sleeve. Dan Towle and David Provost explain
Interviews
The latest interviews from Captive Insurance Times