DCIA

What DCIA does

The Delaware Captive Insurance Association (DCIA) is a non-profit trade association founded in 2005, headquartered in Wilmington, Delaware (with a mailing address in Simpsonville, SC). It serves as the unified voice of the captive insurance industry in Delaware, representing both captive owners/operators (Captive Members) and the professional service providers that support them — including law firms, captive managers, accounting firms, and consultancies (Industry Members). Its membership base tracks a captive insurance market that has expanded from 38 active captives in 2009 to over 550 active captives today, reflecting Delaware's status as the third-largest captive domicile in the U.S. and the fifth-largest globally.

DCIA's core "products" are non-technological: a two-tier membership program (Captive Members at $500/year and Industry Members at $950/year), an annual Fall Forum with tiered registration fees ($225–$895), event sponsorships ($500–$2,000), regulatory bulletins, advocacy through its OptIns publication, and ongoing liaison with the Delaware Department of Insurance. There is no proprietary software, platform, or technology stack — the organization is relationship- and convening-driven rather than product-driven.

Revenue is generated through three primary streams: (1) recurring membership dues from captive and industry members, (2) event registration revenue from the Fall Forum, and (3) event and program sponsorships. The organization operates with 1–10 employees, and its governance board is drawn directly from captive industry service providers, creating a self-reinforcing stakeholder ecosystem. The single most important external relationship is its strategic partnership with the Delaware Department of Insurance, which underpins DCIA's regulatory influence role.

Name

DCIA

Legal name

Delaware Captive Insurance Association, Inc.

Website

https://delawarecaptive.org

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

1–10 employees

Short description

Delaware Captive Insurance Association (DCIA) is a non-profit trade association founded in 2005 that serves as the unified voice for Delaware's captive insurance industry, representing over 550 active captives and the professional service providers serving them.

Ownership category

akta.pro rank

Headquarters

HQ city

Wilmington

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Membership Dues - Captive Members: Licensed captive insurers pay annual membership dues of $500 to join DCIA, gaining access to networking events, educational seminars, marketing opportunities, and legislative advocacy services.
2. Membership Dues - Industry Members: Companies and individuals other than licensed captive insurers (attorneys, auditors, actuaries, captive managers, etc.) pay higher annual dues of $950 for industry membership and associated benefits.
3. Event Registration Fees: The annual Fall Forum generates registration fee revenue with tiered pricing: Member 1st Registration $525/$625, Member Add'l Registration $350/$450, Captive Owner Registration $350/$450, Non-Member Registration $795/$895, Government Registration $225. Fees vary by early/late registration deadline.
4. Event Sponsorships: Fall Forum sponsorship opportunities at various tiers: Sapphire Sponsor $2,000 (exclusive), WiFi $1,500, Welcome Reception $1,000, Hosted Luncheon $1,000, Lanyards $750, Continental Breakfast $750, Networking Breaks $500 each. These provide promotional consideration for sponsors.
5. Captive Application Processing Fees: DCIA supports members with captive company application/licensing process guidance. Application/processing fees: $300-$3,200 for Captive Company and Series Captive Company applications, managed through the Delaware Department of Insurance Bureau of Captive and Financial Insurance Products.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

DCIA is a non-stock not-for-profit trade association that sells annual memberships and event sponsorships to companies and individuals affiliated with Delaware's captive insurance industry. Its deliverables include two membership tiers (Captive Membership at $500/year and Industry Membership at $950/year), the annual Fall Forum educational and networking conference, legislative and regulatory advocacy before the Delaware Department of Insurance, and member marketing opportunities through sponsorships and website content posting.

Product overview

DCIA (Delaware Captive Insurance Association) is a non-stock not-for-profit corporation formed in 2005 to serve as the unified voice of the captive insurance industry in Delaware. The organization offers two membership categories: Captive Membership for licensed captive insurers at $500/year and Industry Membership for service providers at $950/year. DCIA organizes the annual Fall Forum event and provides legislative/regulatory advocacy, marketing, and educational services to support the development and growth of Delaware's captive insurance industry, which has grown from 38 captive insurers in 2009 to over 550 active captives today.

Differentiator

Problem solved

Functional benefit

Products and services

• DCIA Captive Membership Annual membership offering for licensed captive insurers (single parent, risk retention group, association, branch, industrial insured, sponsored, special purpose, and SPFC captives) at $500/year, providing access to DCIA networking events, educational seminars, member directory listings, broadcast email inclusion, and legislative/regulatory advocacy representation before the Delaware Department of Insurance.
• DCIA Industry Membership Annual membership offering for any person or company other than a licensed captive insurer (attorneys, auditors, actuaries, captive managers, banks, reinsurance companies, etc.) at $950/year, providing access to the captive insurance industry's network, events, Fall Forum, member directory and website marketing, and legislative advocacy updates.
• DCIA Fall Forum Annual premier industry event for those doing business in the Delaware captive insurance domicile, combining timely educational content (including Delaware regulator participation such as Insurance Commissioner Trinidad Navarro) with networking opportunities. Tiered registration pricing: Member 1st Registration $525/$625, Member Add'l Registration $350/$450, Captive Owner Registration $350/$450, Non-Member Registration $795/$895, Government Registration $225.
• Fall Forum Sponsorship Packages Sponsorship inventory for the DCIA Fall Forum across multiple named tiers providing promotional benefits such as logo placement on program, backdrop, website, email communications, verbal recognition, and in some cases complimentary registration.

Quantifiable outcome

• Delaware captive population grew from 38 (2009) to 550+ (current)
• +2 more outcomes

Named customers16 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Delaware Department of Insurance (DOI)coreStrategic or Co-development Partner · 23 October 2023DCIA maintains a strategic partnership with the Delaware Department of Insurance, working together on regulatory improvements and process enhancements for the captive industry. The partnership developed Captive Bulletin No. 14 for D&O coverage requirements and revised Captive Bulletin No. 12 for flexible capitalization requirements. The DOI and DCIA jointly announced process improvements including reduced application review timelines (45 days to 30 days for initial filings) and faster approval processes. Insurance Commissioner Trinidad Navarro and DCIA President Michael Teichman publicly announced these collaborative initiatives at DCIA's Fall Forum.
• Bureau of Captive and Financial Insurance ProductscoreStrategic or Co-development PartnerThe Bureau of Captive and Financial Insurance Products within the Delaware DOI is the regulatory body overseeing captive insurance in Delaware. DCIA works closely with Bureau Director Stephen Taylor on domicile improvements. The Bureau is dedicated to attracting and serving the captive insurance industry with knowledgeable regulatory experts.

Scale indicators3 records

Recent moves7 records

Emerging players

• PLUS (Professional Liability Underwriting Society): Member-driven organization for the professional liability insurance industry with significant captive and D&O overlap. Comparable audience and conference-driven model, especially relevant as DCIA expands into D&O Side A captives via Captive Bulletin 14.

Direct peers

• South Carolina Captive Insurance Association: Trade association supporting South Carolina's growing captive domicile. Operates the same membership/event/advocacy model as DCIA on a smaller scale; notably, DCIA's operational management is based in Simpsonville, SC, making this a particularly close geographic and functional peer.
• Hawaii Captive Insurance Council (HCIC): Trade association representing Hawaii's captive insurance industry. Directly comparable to DCIA as another state-domestic captive association with membership dues, networking events, and legislative advocacy, competing for the same pool of service providers and captive owners.
• Tennessee Captive Insurance Association: Association for Tennessee-domiciled captive insurers offering membership, education, and regulatory engagement. Comparable to DCIA as a newer state-domestic association targeting the same captive formation market.
• Vermont Captive Insurance Association (VCIA): State-level trade association serving the Vermont captive domicile, the largest in the U.S. VCIA is the most direct comparable to DCIA: similar membership model, annual conference, education, and regulatory advocacy focus, but for a competing domicile.

Broad incumbents

• Self-Insurance Institute of America (SIIA): National trade association for the self-insurance/captive ecosystem with a much larger membership base and broader scope. Overlaps with DCIA on alternative risk transfer and captive education, but covers self-insured employers, group captives, and stop-loss markets beyond a single domicile.
• Captive Insurance Companies Association (CICA): International, multi-stakeholder association for the captive insurance industry. Broader and more established than DCIA, but serves a similar member base (captive owners, managers, and service providers) with conferences, education, and advocacy — a more comprehensive incumbent peer.
• National Association of Insurance Commissioners (NAIC): U.S. state insurance regulators' standards-setting body. Not a trade association, but the regulatory counterpart to DCIA's policy work; its model captive acts and bulletins directly shape the environment DCIA operates in.

Others

• International Center for Captive Insurance Education (ICCIE): Educational organization that trains captive insurance professionals and certifies global domiciles (Delaware is one of four ICCIE-trained). Related to DCIA's education mission as an ecosystem enabler rather than a direct competitor, but shares the captive professional development audience.

Regional players

• Risk Retention Group Association (RRGA): Association representing risk retention groups (RRGs), a specific captive structure housed in Delaware and other domiciles. Adjacent to DCIA's membership base (Delaware hosts multiple RRGs) and a useful reference point for product-line captive specialization.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/delaware-captive-insurance-association
• Facebookfacebook.com/profile.php

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about DCIA