Mahwah, NJ, March 21, 2011: The New Jersey Captive Insurance Association (NJCIA) has announced its charter Advisory Board. NJCIA's Advisory Board will provide strategic guidance and industry leadership from within the organization. The association has also announced a new logo as its first step toward re-branding the organization for the newly enacted captive insurance industry.
Each charter board member is highly regarded in his or her area of expertise. “The board’s high regard and standing within the industry will be beneficial for the association and the New Jersey captive insurance industry,” said Gregg Sgambati, President of NJCIA. Since each board member has a different professional history, each will have an individual perspective on steering the organization. Future board members will come from captive insurance companies.
“The association is honored by the involvement of our charter board members, some of whom are in linked to the beginnings of the captive insurance industry,” said Sgambati. No short list of individuals has the expertise to “do it all.” For this reason, NJCIA sought a board comprised of individuals with broad and exceptional industry expertise. The Advisory Board members are:
Andrew Barile, President of Andrew Barile Consulting Corporation Inc. who has over 35 years of experience with an intricate knowledge of the insurance and reinsurance industries.
Harry M. Baumgartner, of Bressler, Amery & Ross, P.C. who has more than 20 years of experience as an attorney and legal executive in the insurance industry with a significant record of achievement in private and corporate legal practice including the creation and operation of captive insurance companies.
Leonard P. Crouse, CFE of The Towner Management Group who is one of the most respected professionals in the captive insurance world and who was the Deputy Commissioner and Director of Captive Insurance for the Vermont Department of Insurance for most of the past two decades. Mr. Crouse holds an esteemed place in the history of captive insurance.
Christina Mancini, CEO/Partner, Captive.com who, after 16 years with Captive.com has seen Captive.com become a leading source of news and information about the captive insurance industry.
Herbert R. Selander, Jr., Managing Director, Marsh USA Inc. who has more than 40 years of experience in the insurance industry. He has been a client executive for major Fortune 100 clients and is based in Morristown, NJ.
Nicholas H. Teetelli, Chief Executive Officer, Maple Technologies, LLC who has extensive experience in the insurance industry, spanning nearly three decades particularly in specialty insurance product development, design and implementation, and reinsurance intermediation.
Richard W. Wright, ARM, Senior Vice President, Willis Captive Consulting Practice who uses his deep industry knowledge to perform captive feasibility studies for his clients. His background includes brokerage, consulting, and risk management with large property and casualty risk financing programs. Rick has helped form several new captives in various domiciles.
Goals for the board this year include cooperating with the New Jersey Department of Banking and Insurance, promoting the new captive insurance industry, and guidance on member development and the member benefits package. The board will meet twice yearly and hold quarterly conference calls.
Gregg Sgambati has been involved in the captive insurance industry since 2006 and was previously an insurance producer. His expertise is in business development and organizational leadership. Having served as a leader of public service nonprofit for 7 years, he is now completing a Master of Public Administration at Columbia University’s School of International and Public Affairs.
NJCIA has announced a new logo and branding strategy. NJCIA’s new logos were graphically designed by the creative artists at Maple Technologies, LLC of Manalapan, NJ. The logos recall George Washington’s historic Battle of Trenton from a time when New Jersey became known as the crossroads of the revolution. In addition, the circular globe of the logo reflects the invention of the first commercially viable incandescent light bulb by Thomas Alva Edison at his Menlo Park, NJ laboratory. The new logos may be seen at www.njcia.org.
For additional information, please visit www.njcia.org or contact Gregg Sgambati of NJCIA at (201) 252-2444 or email@example.com.
New NJCIA Logos