CICA Board Elects Captive Resources' Nicholas Hentges Chair

Nicholas Hentges, CEO and principal of Captive Resources, LLC, is the new chair of the board of directors of the Captive Insurance Companies Association (CICA).

At Captive Resources, Mr. Hentges uses his 30 years of captive insurance experience to educate corporations and their brokers about the benefits of pooling their resources and lowering their insurance costs through the formation of member-owned group captive insurance companies. As CEO, he focuses on long-term strategic planning and business development and oversees all aspects of his company's operations.

Mr. Hentges has served on the CICA board since 2020. He is an active champion and supporter of young professionals and also serves on CICA's NEXTGen Committee.

"This is a phenomenal time to be involved in captive insurance, and I am honored to serve as CICA's board chair," Mr. Hentges said in a statement. "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."

In addition to electing Mr. Hentges board chair, CICA's board elected Mary Ellen Moriarty, vice president for property-casualty at EIIA, as vice chair and Heather McClure, chief risk advisor of US healthcare practice at Aon, as secretary/treasurer. Renea Louie, chief operations officer of Pro Group Captive Management Services, serves as the CICA board's immediate past chair.

Returning CICA board members include Courtney Claflin, head of insurance at Fluid Truck; Colin Donovan, president at STICO Mutual Insurance Company, a risk retention group; Dayna Feng, director of captive programs at Cummins Risk International; Udo Kappes, director at RWE AG-Germany; and Michael Zuckerman, assistant professor at Temple University.

Joining CICA's board are Cheryl Baker, head of North American risk management at Stellantis, and Prabal Lakhanpal, vice president at Spring Consulting Group. Mr. Lakhanpal previously served in an appointed position as CICA's NEXTGen chair.