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NCCIA Board Elects New Officers

NEWS RELEASE For Release Tuesday September 3, 2019

(Southern Pines)…..The NC Captive Insurance Association has named Lea Riddle, McGriff Insurance Services as it’s Chairman for 2019-20. Riddle succeeds Leon Rives of Rives & Associates who served as Chairman in 2018 & 2019.

Also elected in a unanimous vote at the associations annual conference were Anne Marie Towle as Vice Chair, succeeding Dan Reppert and Matt Holycross, The Taft Companies as Treasurer, succeeding Riddle. Mickey Payseur, Butler and Stowe was reelected Secretary.

Riddle said ” I am honored and excited to have been elected Chair of NCCIA in this time of great growth and maturation of the domicile.” Continuing, “North Carolina has everything going for it’s continued growth, a customer service orientation of the regulators at the NC Department of Insurance, strong bi-partisan support in the legislature and a state of the art practice act. I am going to be working to make changes that will further enhance the statute to insure that North Carolina’s reputation as a go to domicile for captive insurance continues.”

According to Association President & CEO Thomas Adams, The Board of Directors voted a change in the Bylaws that moved the Annual

Meeting of the NCCIA Board from December to coincide with the Annual Conference of the association that is moving from August to May in subsequent years. This means that the newly elected offices will serve a slightly shorter term in 2019-20 than in previous years. Mr. Riddle told us “that change is not going to slow us down this year. All of our committees met at our just concluded annual conference and have meetings scheduled in September. Keep your eye on North Carolina.” he concluded.

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