Most of you have heard that Dan Towle has been named to succeed Dennis Harwick as President of the Captive Insurance Companies Association (CICA). Dan has been Vermont’s Director of Financial Services and a fixture in the state’s captive insurance industry since 1999.   Most of you know him as the person promoting Vermont as the premier captive domicile by successfully touting the State’s reputation as the Gold Standard. He has witnessed and been an integral part of the licensing of over 600 captives, more than half of all the captives licensed in Vermont’s history.

VCIA has been partners with CICA over many years teaming up together on issues critical to the captive industry and I wish Dennis the best of luck in whatever he looks to for the next phase! Dan has been a true partner and friend of VCIA during his tenure in Vermont and I am heartened to know that CICA will continue to be under the leadership of someone who knows (and gets) the captive insurance industry, and someone who has been a friend and colleague for many years.

Although his tenure doesn’t start until April, I am heading out to the CICA conference this weekend and look forward to seeing both Dennis and Dan as they begin to transition into their new roles. Good luck, Dan, and bon voyage, Dennis!

Thank you all very much, and I look forward to hearing from you.

Rich Smith
VCIA President