International Center for Captive Insurance Education (ICCIE)

What International Center for Captive Insurance Education (ICCIE) does

The International Center for Captive Insurance Education (ICCIE) is a Vermont-based nonprofit educational organization founded in 2004 to address what its founders described as a critical lack of formal training in the captive insurance industry. Operating from South Burlington with 1-10 employees, ICCIE is the only organization dedicated exclusively to captive insurance education and grants the industry-standard Associate in Captive Insurance (ACI) designation, the intermediate Certificate in Captive Insurance (CCI), and the honorary ICCIE Fellow recognition. Its curriculum covers captive structures, risk retention mechanisms, reinsurance, actuarial science, cell captives, risk retention groups, governance, accounting, and investment, and is delivered through a Canvas-based learning management system (hosted via the University of Vermont) that combines instructor-led webinars, readings, homework, and chatboard interaction.

ICCIE generates revenue from a mix of designation-program tuition, individual course and webinar fees, modular course bundles ($1,800 for three enrollments usable within one year), CE subscription packages ($850 prepaid for 12 credits over three years), annual ACI Alumni Network dues ($100/year or $50 bundled with CE packages), and donations through its "Fill The Fountain" campaign. It pursues a direct-to-consumer go-to-market through iccie.org with inside-sales support for enterprise designation programs, and relies heavily on employer sponsorship by captive managers, brokers (Aon, Marsh), corporates (Deere, Electrolux), and state insurance departments.

The organization maintains partnerships with 16 captive insurance conferences and a broad ecosystem of scholarship sponsors (BIMA, BFSB, VCIA, HAI Group, SCCIA, ASHRM, CICA, PRIMA, RIMS, VSAC). Since 2005, hundreds of professionals across the USA, Bermuda, the Cayman Islands, the Bahamas, the British Virgin Islands, and Barbados have earned the ACI designation, with eight current ICCIE Fellows representing the program's prestige tier.

Name

International Center for Captive Insurance Education (ICCIE)

Legal name

International Center for Captive Insurance Education

Website

https://iccie.org

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

1–10 employees

Short description

ICCIE is the sole provider of dedicated captive insurance education, offering the industry-standard ACI designation, CCI certificate, and Fellows recognition through online instructor-led programs serving insurance professionals, regulators, and employers worldwide.

Ownership category

akta.pro rank

Product category

Insurance Professional Education

NAICS

Professional and Management Development Training (611430), Educational Services (61)

SIC

Services-Educational Services (8200), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Insurance (EDAAAPAH)

akta.pro secondary industries

Captive Insurance Advisory & Management (FSAEADAF), Financial Services & Insurance (FINRA, CFP, IAR, Insurance CE) (EDAAALAJ)

Keywords

• Captive insurance education
• Professional designation programs
• Insurance industry training
• Continuing education courses
• Online instructor-led learning

Headquarters

HQ city

Shelburne

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Others

Revenue model

1. Education Program Tuition: Revenue from Associate in Captive Insurance (ACI) designation program, Certificate in Captive Insurance (CCI) program, and individual course enrollments. Students pay for courses and designation programs.
2. Modular Block Sales: Individual or company purchases three modular course enrollments for $1,800 total, usable by same or different individuals within one year from purchase date.
3. ACI Alumni Network Membership: Annual membership dues of $100 per member per calendar year, or $50 per year if purchased with CE Subscription Package. Provides course discounts and other benefits.
4. CE Subscription Package: Prepay subscription for ACI graduates to obtain 12 credits in webinars and live sessions at captive conferences for $850 (non-refundable), valid for three years.
5. Donations and Fundraising: Financial support through 'Fill The Fountain' annual donations program and general contributions that help maintain educational standards and keep tuition prices down.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

ICCIE delivers online instructor-led captive insurance education programs leading to the Associate in Captive Insurance (ACI) and Certificate in Captive Insurance (CCI) professional designations, using a Canvas learning management system with live webinars, readings, and interactive assignments. It also offers standalone modular courses, a continuing education (CE) subscription package, and an alumni network for graduates.

Product overview

ICCIE offers a portfolio of educational products centered around captive insurance professional development. The core offerings include the Associate in Captive Insurance (ACI) Designation Program as the flagship comprehensive curriculum, and the Certificate in Captive Insurance (CCI) for intermediate-level specialization. Students can also access Individual Courses and Webinars on a modular basis. Additional products include the ACI Alumni Network for continuing engagement of graduates, Modular Blocks for bundled course purchases, and CE Subscription Packages for prepaid continuing education credits. The ICCIE Fellows program represents the highest recognition tier for industry leaders.

Differentiator

Problem solved

Functional benefit

Products and services

• Associate in Captive Insurance (ACI) Designation Program A comprehensive designation program providing in-depth captive insurance education through online instructor-led webinars, readings, and interactive assignments, leading to the Associate in Captive Insurance (ACI) credential. Designed for captive insurance professionals, service providers, and regulators.
• Certificate in Captive Insurance (CCI) Program A shorter certificate program covering the fundamentals of captive insurance, delivered online with instructor-led components, leading to the Certificate in Captive Insurance (CCI) credential. Suited for professionals seeking foundational captive insurance knowledge.
• ICCIE Modular Block

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Twelve partnerships are on record, tiered minor and core.

• ASHRMminorOthersAmerican Society for Healthcare Risk Management - Scholarship partner for ICCIE programs, providing application forms and deadlines for ICCIE scholarship process.
• CICAminorOthersCaptive Insurance Council of Canada - Scholarship partner for ICCIE programs, providing application forms and deadlines for ICCIE scholarship process.
• PRIMAminorOthersPublic Risk Management Association - Scholarship partner for ICCIE programs, providing application forms and deadlines for ICCIE scholarship process.
• RIMSminorOthersRisk and Insurance Management Society - Scholarship partner for ICCIE programs, providing application forms and deadlines for ICCIE scholarship process.
• VCIAcoreOthersVermont Captive Insurance Association - Provides VCIA Distinguished Scholar Award (full ACI scholarship), annual conference hosting where ICCIE announces award recipients, and ongoing support for ICCIE education mission.
• VSACminorOthersVermont Student Assistance Corporation - Scholarship partner for ICCIE programs, providing application forms and deadlines for ICCIE scholarship process.
• BIMA (Bermuda Insurance Management Association)coreOthersProvides $4,600 ACI scholarship bursary to cover tuition fees and course materials for Bermudians, spouses of Bermudians, or PRC Holders. Scholarship awarded at Bermuda Captive Conference.
• BFSB and Insurance Commission of The BahamasminorOthersBahamas Financial Services Board and Insurance Commission of The Bahamas, in partnership with Bahamas Insurance Association and Insurance Institute of The Bahamas, offer two tuition scholarships for Bahamians to study toward ACI designation.
• HAI Group (Harry House Scholarship)minorOthersHAI Group of Cheshire, Connecticut sponsors two Harry House Scholarships annually - one for full ACI designation tuition and one for one modular course. Reserved for minority students in actuarial or risk management programs at accredited colleges.
• South Carolina Captive Insurance Association (SCCIA)minorOthersOffers full scholarship through ICCIE for ACI or CCI designation for employees of SCCIA member companies.
• 16 Captive Insurance ConferencescoreStrategic or Co-development PartnerParticipating conferences include Arizona Captive Insurance Association, Bermuda, Cayman Captive Forum, CICA, Connecticut, DC, Hawaii, Montana, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Vermont, Western Region Captive Insurance Conference, and World Captive Forum. Winner of raffle receives free admission to all 16 conferences.
• University of VermontminorOthersICCIE utilizes University of Vermont's web platform for online course delivery and learning management.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• RIMS (Risk and Insurance Management Society): The largest professional association for risk managers, offering the RIMS Fellow designation, certifications, and live/virtual education. Comparable to ICCIE as a risk-management educator and an ICCIE scholarship/affinity partner.
• St. John's University School of Risk Management, Insurance and Actuarial Science: Offers the ARM (Associate in Risk Management) designation and academic insurance programs via online delivery. Comparable to ICCIE in format (online insurance designation) and a listed HAI Group scholarship partner that funnels minority students into both pipelines.

Direct peers

• International Risk Management Institute (IRMI): Offers the CRM (Certified Risk Manager) designation and reference publications for risk management and insurance professionals. Highly comparable to ICCIE as a niche insurance/risk-management credentialing body with proprietary curriculum and CE offerings.
• The Institutes: Provides the CPCU (Chartered Property Casualty Underwriter), ARM and other widely recognized insurance professional designations through self-study and online courses. Directly comparable as a designation-granting insurance educator, with a much broader scope but identical business model.
• Bermuda Insurance Institute (BII): Provides insurance education and designations in Bermuda — a core captive domicile. Comparable to ICCIE as a specialty insurance educator serving captive-adjacent professionals in a key geographic market ICCIE's students come from.
• American College of Financial Services: Awards the CLU, ChFC and other financial-services professional designations through distance education. Directly comparable as a long-established designation-granting institution using online instructor-led delivery to financial-services professionals.

Regional players

• Insurance Institute of Canada / IIC: National insurance education and designation body serving Canadian practitioners. Comparable to ICCIE as a designation-granting insurance educator, though operating in a different geography with some overlap with CICA captive programs.

Others

• National Association of Insurance Commissioners (NAIC): U.S. state insurance regulator association providing insurance regulator training. Indirectly comparable to ICCIE because state insurance departments are an ICCIE customer segment for regulator education (Vermont, Tennessee, Delaware, etc.), making NAIC an adjacent rather than directly competing entity.

Emerging players

• Insurance Library Association of Boston: Long-running nonprofit providing insurance education, designation prep, and CE programming. Comparable to ICCIE as a smaller-scale specialty insurance educator operating a course catalog for working professionals.
• CPCU Society: Alumni/membership association for CPCU designation holders, offering continuing education, networking, and member benefits. Comparable to ICCIE's ACI Alumni Network as the post-designation engagement and recurring-membership layer of a professional insurance designation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/school/iccie

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about International Center for Captive Insurance Education (ICCIE)