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duane castles - Chairman


In 1981, the Vermont Legislature passed the Special Insurer Act which was designed to provide a unique and attractive statutory framework for captive formation. These landmark regulations have become the model of captive regulation.( duane castles - CICA Honors 2008)

duane castles - Chairman

Duane Castles - Physician Insurers Association of America (PIAA)

duane castles - CICA Honors 2008

Duane Castles - Chief Executive Officer

Duane Castles - Chairman and Executive Officer
duane castles: Service Provider Member—$2,000 - Individual whose primary business is acting as a service provider to captive insurance companies or risk retention groups. Service provider members do not have voting privileges.

Many of the new doctor-owned companies offered savings by relying on built-in mechanisms within their medical societies to sell their products, as well as using brokers.

duane castles piaa

Duane Castles - Benefits of Membership

Duane Castles: PIAA Marketing Workshop!

Duane Castles - Chairman and Chief Executive Officer

Duane Castles - CICA
Captive Insurance Company: A closely held insurance company whose insurance business is primarily supplied by and controlled by owners, and in which the original insureds are the principal beneficiaries. The insureds have direct involvement and influence over the company's or group’s major operations, including underwriting, claims, management policy, and investments. There are currently over 4,000 captives licensed worldwide, serving their parents' risk financing needs. In Vermont, that figure is 754 (as of December 2005)

CICA Suits You - CICA offers individual memberships that fit your business objectives. Once a primary representative is designated from your company, additional representatives may choose the Additional Member rate.( Duane Castles - Physician Insurers Association of America (PIAA))

Duane Castles - Executive Officer

Duane Castles - Physician Insurers Association of America (PIAA)

duane castles




duane castles - Chairman: Vermont, the largest onshore captive domicile - Vermont is the largest onshore captive domicile, second in the world in terms of assets and the third largest in number of licenses. More than 750 companies (as of December 2005) have been licensed in Vermont since 1981.

Exhibit Cancellation Policy - For exhibit cancellations received more than 60 days prior to the conference, VCIA maintains a cancellation penalty of 50% of the exhibit fees. If the cancellation is received less than 60 days from the first day of the conference, no refunds will be issued. Cancellation requests must be received in writing either by mail, email or fax.

Duane Castles - Executive Officer

duane castles - Chairman

Duane Castles - Physician Insurers Association of America (PIAA)

Duane Castles - Chairman and Executive Officer

Duane Castles: PIAA Marketing Workshop!
Past: A History of Success - CICA was formed in 1972 to foster and support the development of captive insurance companies around the globe. Through the years, CICA has evolved along with the industry to offer alternative risk professionals the latest, most up-to-date viewpoints on captive insurance, and more recently, risk retention groups.

Duane founded Prime Advisors, Inc® in 1988. He has overall responsibility for implementing investment policies for clients and supervising investment operations. Duane has been actively involved with both individual and institutional clients since 1983. Prior to founding Prime, Duane was at Seattle-Northwest Securities. He also managed the Municipal Bond Department at U.S. Bank in Portland, Oregon where he had overall responsibility for trading and underwriting. During his tenure, the bank’s bond trading earnings were consistently at record levels. Along with Vince Rowland, Duane developed the theory of Dynamic Cash Flow Risk Reward AnalysisSM, and the return on surplus portfolio analysis methodology for insurance company portfolios. Duane graduated from Washington State University with a BA in Business Administration (Finance and Economics), and was both an MSRB (Municipal Securities) Registered Representative and an MSRB Principal.( Duane Castles - Chairman and Executive Officer)

Duane Castles - Physician Insurers Association of America (PIAA)

duane castles - CICA Honors 2008

duane castles

Duane Castles - Chairman and Chief Executive Officer

Duane Castles - Benefits of Membership
Duane Castles - Chief Executive Officer: As a leader in the industry, CICA has also taken on the responsibility of recognizing other leaders and visionaries. The CICA Distinguished Service Award, the industry's highest honor, was created in 2006 to recognize individuals or organizations who have made significant contributions to advancing the captive insurance industry. And in 2007, the CICA Outstanding Captive Award was awarded for the first time, recognizing creative uses of a captive or risk retention group.

PIAA Position - The PIAA believes the ramifications of the new reporting requirements need to be better understood by Congress before federal rules are promulgated. As such, the PIAA will be reaching out to Members of Congress to seek adjustments/clarifications in the recently passed language. Another Medicare reimbursement bill must be completed within six months, and this may provide an opportunity for corrections to be made as part of that legislation. In addition, the PIAA will be actively involved in the federal rulemaking process to limit any negative ramifications should legislative changes not be enacted.

duane castles piaa








Duane founded Prime Advisors, Inc® in 1988. He has overall responsibility for implementing investment policies for clients and supervising investment operations. Duane has been actively involved with both individual and institutional clients since 1983. Prior to founding Prime, Duane was at Seattle-Northwest Securities. He also managed the Municipal Bond Department at U.S. Bank in Portland, Oregon where he had overall responsibility for trading and underwriting. During his tenure, the bank’s bond trading earnings were consistently at record levels. Along with Vince Rowland, Duane developed the theory of Dynamic Cash Flow Risk Reward AnalysisSM, and the return on surplus portfolio analysis methodology for insurance company portfolios. Duane graduated from Washington State University with a BA in Business Administration (Finance and Economics), and was both an MSRB (Municipal Securities) Registered Representative and an MSRB Principal.

Encouraging effective alternative dispute resolution mechanisms( Duane Castles - Chairman and Chief Executive Officer)

Duane Castles - Benefits of Membership

Duane Castles - CICA

Duane Castles - Physician Insurers Association of America (PIAA)

Duane Castles - Physician Insurers Association of America (PIAA)

duane castles - Chairman
Duane Castles - Benefits of Membership: As a leader in the industry, CICA has also taken on the responsibility of recognizing other leaders and visionaries. The CICA Distinguished Service Award, the industry's highest honor, was created in 2006 to recognize individuals or organizations who have made significant contributions to advancing the captive insurance industry. And in 2007, the CICA Outstanding Captive Award was awarded for the first time, recognizing creative uses of a captive or risk retention group.

Marketing Policies - Past sponsors and exhibitors are given the first option of refusal. All remaining sponsorships, ads and exhibits are available on a first come, first served basis. All ads and promotional materials are subject to approval by VCIA, and VCIA assumes no liability for content of any ads or promotional materials.

Duane Castles - Executive Officer

duane castles - CICA Honors 2008

Duane Castles - Chairman and Executive Officer

duane castles piaa


Implementation of risk management and patient safety initiatives

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