Nick Hentges, CEO and principal of Captive Resources, LLC, has been appointed the new chair of the board of directors of the Captive Insurance Companies Association (CICA).
Hentges has been with Captive Resources since 1993 and led them in various roles since 2014.
He has been a member of the CICA board since 2020 and also serves on CICA’s NEXTGen Committee.
“This is a phenomenal time to be involved in captive insurance and I am honoured to serve as CICA’s Board Chair,” said Hentges.
“As CICA and the captive industry grow I look forward to working with my board colleagues and our volunteer leaders. We want to provide the education, advocacy, best practices and professional development our members need to help their captives create the innovative solutions that fuel our industry’s growth.”
Hentges discussed the growth of group captives and Captive Resources in GCP #79, released in February.
Mary Ellen Moriarty, vice president for property & casualty at EEIA, has been elected vice chair while Heather McClure, chief risk advisor for Aon’s US Healthcare Practice is now secretary/treasurer of CICA.
Renea Louie, chief operations officer at Pro Group Captive Management Services, serves as the immediate past chair.
Cheryl Baker, head of North American risk management at Stellantis, and Prabal Lakhanpal, vice president at Spring Consulting Group, have been appointed as new CICA board members.
Courtney Claflin, head of insurance at Fluid Truck, Colin Donovan, president of STICO Mutual Insurance Company, a Risk Retention Group, Deyna Feng, director of captive programs at Cummins Risk International, Udo Kappes, director at RWE AG, and Michael Zuckerman, assistant professor at Temple University, are returning CICA board members.