From:TheBahamasWeekly.com
Industry Practitioners Selected for 2015 ACI Designation Scholarships
By Bahamas Financial Services Board (BFSB)
May 13, 2015 - 2:26:01 AM
Seated are recipients Rashanna Thompson and Yolanda Moss. Standing, left to right are Dr. Rhonda S. Chipman-Johnson, Coordinator of the Bahamas Insurance Association (BIA); Aliya Allen, CEO, Bahamas Financial Services Board (BFSB); Yvette Ingraham, President of the Insurance Institute of The Bahamas (IIB); and Carl Culmer, Analyst (ICB). Selection Committee Member not pictured is D. Nguyen-Comito, Senior Consultant at BFSB.
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The
Bahamas Financial Services Board (BFSB) and the Insurance Commission of
The Bahamas (ICB) announced today that the Selection Committee has
decided on the recipients for the two scholarships they provide for the
Associates in Captive Insurance (ACI) designation, offered by the
International Center for Captive Insurance Education (ICCIE).
This
BFSB and ICB scholarship initiative was launched in 2013, in
collaboration with the Bahamas Insurance Association (BIA) and the
Insurance Institute of The Bahamas (IIB), both of which also serve on
the Selection Committee. CEO Aliya Allen says BFSB selected this
programme because it was strongly supported by industry and also because
of its stated mission:
“to
be the premier provider of captive insurance education and to offer the
pre-eminent professional designation in captive insurance.”
Designation students complete a comprehensive captive insurance
education programme - including ICCIE’s own proprietary curriculum and
testing - in order to earn the ACI professional designation.
The
recipients for 2015 are Rashanna Ingrid Thompson, an Account Executive
at RMS Insurance Agents & Brokers Ltd.; and Yolanda G. Moss, an
Account Executive at J.S. Johnson & Co. Ltd. Ms. Allen explains that
one of the criteria the Selection Committee looked at in particular was
the track record of applicants in terms of their dedication to
enhancing their skills sets through ongoing professional development.
Additionally, consideration was given to employment history within the
sector as well as to personal statements by the applicants on why they
were pursuing the scholarship. Both of these applicants impressed the
Committee with their perceived and planned role in the development of
the captives sector and the financial services industry as a whole.
Development
and promotion of the insurance sector, inclusive of Captives, is an
integral part of BFSB’s strategic and business development efforts.
BFSB, in collaboration with the ICB, regularly participates in
international conferences such as CICA and RIMS, supports ongoing sector
print and online marketing campaigns, and hosts annual
insurance-relevant industry briefings and seminars.
ICCIE
is the first and only comprehensive captive insurance education
programme in North America, and its courses are relevant to any domicile
around the world. The ACI designation is recognised and respected
globally and though this scholarship programme, BFSB and the ICB - and
industry partners - hope to build a cadre of qualified professionals.
ICCIE
was developed in 2004 in direct response to a need expressed by captive
insurance professionals for in-depth educational offerings, information
on current topics, and a professional designation. ICCIE recruits some
of the most recognized names in captive insurance to serve as
instructors.
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