The Bermuda Insurance Management Association (BIMA) said today it is endorsing the Associate in Captive Insurance (ACI) professional designation offered by the International Center for Captive Insurance Education (ICCIE).

The BIMA membership voted today to officially endorse the ACI program, which is the only professional designation for the captive insurance industry. The program can be completed online and consists of seven courses and three teleconferences. Several Bermudian students are already participating in the program, the association said.

"We're extremely pleased to receive this recognition of the ACI designation," said ICCIE Executive Director Mitch Cantor. "Because Bermuda is the world's largest captive domicile, its endorsement means the program has truly been accepted as the educational standard for professionals working in the captive insurance industry."

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