The 2017 Captive Insurance Companies Association (CICA) Conference, Defying Disruption, provided a bookend of sorts concerning the need to attract and retain new talent within the captive industry. The 2017 Conference was the final time Dennis Harwick, president of CICA, will preside over the event. President Harwick announced in June 2016 that he would step down as president in June 2017 after more than a decade at CICA’s helm. In his opening remarks, he noted that 25 percent of the captive insurance industry workforce was on track to retire in the next 5 years.
Clearly there is a need for managers in captive industry to plan succession and develop local talent?
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