Housing Authority Insurance Group continues to leave its mark on the insurance industry. HAI Group sponsored a pair of college students for the International Center for Captive Insurance Education’s Associate in Captive Insurance program, which educates insurance professionals in all aspects of captive insurance.

To earn ICCIE’S ACI designation, students must complete four steps. They must pass five classes – An Introduction to Alternative Risk Financing Mechanisms; Understanding Risk and Risk Retention Mechanisms; Protecting the Captive: Predicting Risk, Reinsurance and other Transfer Mechanisms; Forming and Operating a Captive; and Business Ethics in the Captive Insurance Industry – and two elective courses. Also they must participate in three “hot topic” teleconferences and complete 12 more continuing education credits upon earning the ACI designation.

Harry House Scholarship

ICCIE awarded the first Harry House Scholarship at its general session on Aug. 8. HAI Group sponsored the scholarship in honor of its longtime former board member, who retired in 2006. It’s awarded to a minority student at an accredited risk insurance management program to pursue the Associate in Captive Insurance designation.

Samit Shrivastava

Samit Shrivastava of the Robinson College of Business in Risk Management and Insurance at Georgia State University was awarded the first House Scholarship. He earned a 3.5 GPA in the MBA Program at Georgia Tech.

Shrivastava was considered an exceptionally well-rounded candidate. He was a highly-regarded graduate assistant, developed a networking association for graduate students, and made key contributions to the 2008 Georgia Tech graduation celebration.

ICCIE Designation

Khadine Adams from Howard University completed the ICCIE program to become the first college student to receive the Associate in Captive Insurance. HAI Group sponsored her and sent her a $100 gift card as a “graduation gift.”