CCIA Supports Connecticut's Captive Insurance Solution to Crumbling Home Foundations

The state of Connecticut has decided to provide over $100 million to fund a captive insurer, Connecticut Foundation Solutions Indemnity Company, Inc., that will insure the replacement or repair of residential foundations damaged by the chemical pyrrhotite. CCIA Member Michael Maglaras & Company has been working feverishly as the Superintendent to make this captive operational. A Board of Directors has been appointed and the captive will be licensed soon. Please refer to www.ct.gov/doh/lib/doh/cf_faqs_6.7.18_final.pdf for frequently asked questions, and refer to conncaptives.blogspot.com/2018/01/captive-to-their-crumbling-foundations.html or www.captive.com/ for more background information. CCIA supports this innovative use of a captive and how it will come to the aid of affected Connecticut homeowners.

CCIA's Strategy

Please read more about how The Connecticut Captive Insurance Association will be the catalyst for change in the captive industry.

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UPCOMING EVENTS
   Connecticut's First Cap-a-thon
October 16-17, 2018

Click here to see the attached updated Save the Date flyer that gives you another look at a transformative and unique captive event to be held in Connecticut. This "captive hackathon", or "Cap-a-thon", will appeal to anyone with a keen interest in the fastest growing exposure in the captive space, cyber risk. As the flyer indicates, registration starts Wednesday August 15. Numerous sponsorship opportunities are available - please reach out to Pam Ferrandino at Pam_Ferrandino@gbtpa.com or John Thomson at johncthomson.ct@gmail.com or Steve DiCenso at Steve@conncaptives.org. Look out for more communications in the near future that provide more details on the Cap-a-thon!

LATEST NEWS
Great news for the CT captive insurance market!
Senate Bill 377 (An Act Authorizing Agency Captive Insurance Companies) was enacted effective July 1, 2018.

LATEST EVENTS
   InsurTech Hartford

May 24, 2018
CCIA Board President Steve DiCenso and Executive Director John Thomson participated in a panel discussion with Anirban Roy of Pentation Analytics and Kwesi Quaye of Fairview Capital regarding InsurTech and Captives. The session was moderated by Martha Kalen, Hartford Innovation Places Program Manager.

The next chapter of InsurTech   ❯❯

April 18, 2018
CCIA was well-represented at the recent Hartford InsurTech Hub Demo Day




InsurTech Hartford ❯❯     Hartford InsurTech Hub ❯❯


EVENTS ARCHIVES
The 2017 Conference archives
CCIA WORKING GROUP MEMBERS






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