The South Carolina Captive Insurance Association (SCCIA) has gifted $100,000 to the University of South Carolina’s Darla Moore School of Business to create the South Carolina Captive Insurance Endowed Fund.
The fund will provide support for undergraduate scholarships and graduate fellowships for Darla Moore School students, specifically for students who have expressed interest in pursuing a career in captive insurance in South Carolina.
It will give preference to students who have completed or are enrolled in risk management and insurance classes and those who have interned for a South Carolina Captive Insurance Association member organisation.
“The organisation is thrilled to have created this $100,000 endowment with the Darla Moore School of Business to help promote and sustain the captive insurance industry in the Palmetto State,” said SCCIA President, Warren Miller.
The hope is that the fund will help support the captive industry in South Carolina for decades to come and sustain a pool of professionals to support the industry, thus attracting more captives to domicile in the State.
“The South Carolina Captive Insurance Association is honoured to have partnered with the University of South Carolina’s Darla Moore School of Business on this $100,000 endowment,” said Annie Wilson, executive director of the SCCIA.
“We are anxious to see the fund’s impact on our industry and the next generation of captive professionals in our domicile.”
SCCIA scholarship recipients will also receive complimentary registration and access to the SCCIA’s
Annual Educational Conference, networking activities, and the SCCIA’s captive academy course.