This time last year, I wrote about the much discussed and then rejected plan to merge two important alternative market groups–the Captive Insurance Companies Association and the National Risk Retention Association.

I reasoned that united they would be better able to serve all alternative risk-transfer market constituents. One group rather than two, I thought, would have meant one less meeting for captive owners and ancillary businesses to attend, and less money paid out in annual dues to multiple organizations. Most importantly, it would have meant a stronger lobbying organization and a bigger voice representing the alternative market.

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