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Mission Statement

Our goal is:

  • To represent members in the development of B.C. as a captive domicile
  • To provide a forum for the professional development of all members
  •  To generally promote the B.C. captive insurance industry
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    To support this mission statement, the British Columbia Captive Insurance Association ("BCCIA") will:

    • Review and comment on government-proposed legislative changes;
    • Provide a forum for the professional development of all members, through training sessions and industry updates;
    • Make recommendations to regulators regarding changes to the legislation that would enhance the attractiveness of the domicile.

    What is a "captive"?

    According to Tillinghast, the publishers of Captive Insurance Company Reports, a captive is "A closely held insurance company whose insurance business is primarily supplied by and controlled by its owners, and in which the original insureds are the principal beneficiaries."

     
     

    © 2009 Canadian Captive Insurance Association