Become a Member
HCIC provides the means to communicate and meet with others in the captive industry. Specifically, the HCIC works closely with Hawaii’s Insurance Division and can act as a voice to address members' concerns or questions. At various functions and seminars, you will have the opportunity to network with other captive owners, service providers, and regulators.
Membership Benefits
The HCIC proudly announces the establishment of its Member Benefits Program! Under this unique program, HCIC members will be entitled to receive, among other things, discounts on HCIC-sponsored seminars and our annual forum.
Benefits of membership in HCIC include, but are not limited to:
- Volunteering
Opportunity to be actively involved in the captive industry through HCIC as a board member, officer, committee chairperson, or committee member. The more you invest, the greater the return. - Legislative Affairs
Opportunity to participate in HCIC’s recommendations to the State Legislature and other regulatory bodies - Discounts
Participate in the HCIC Aloha Member Benefit Program which entitles you to receive, among other things, discounts on HCIC sponsored seminars, along with reduced rates on many fine hotels throughout our beautiful Hawaiian Islands. - Education
Attendees of the biennial conference and educational and informative seminars are most often eligible to receive continuing education credits. - Affiliation
Opportunity to participate at the State of Hawaii/HCIC Risk and Insurance and Management Society booth. - Speaking Opportunities
Create and participate in educational workshops as a coordinator or speaker. - HCIC News
Stay up to date on captive issues and member activities through the newsletter. - Marketing
Sponsorships are available for HCIC’s annual conference and numerous other seminars held in Hawaii and the mainland U.S. - Captive Directory
Organization/Name listing for Service Provider Members on the HCIC website.
Membership Categories
A “Member” shall be defined as an entity or individual that has registered for membership and is in good standing. Each member shall appoint one representative who shall be a Director, Officer, Employee, or duly authorized representative of the member.
Categories of membership in HCIC include, but are not limited to:
- Captive Owner Member
Any licensed captive insurer formed under Hawaii Revised Statutes 431:19 and its parent or sponsor. Captive Owner members can sit on the Board or Executive Committee, head committees and have voting privileges. - Non-domicile Captive Owner Member
Any non-domicile captive owners and any protected cell participants within a sponsored cell facility. Members can sit on the Board or Executive Committee, head committees and have voting privileges. One person from each company will be designated for annual voting, and only one membership is required per company. - Service Provider Member
Any person or firm providing products or services to captive insurance companies. Service Provider members can sit on the Board or Executive Committee, head committees and have voting privileges. - Honorary Member
Any person elected by a majority vote of the Board of Directors. Honorary members can head committees but cannot sit on the Board or Executive Committee and have no voting privileges.
| Membership Categories | Dues |
| Captive Owner Member | $500 |
| Non-domicile Captive Owner Member | $600 |
| Service Provider Member | $1050 |
| 10% of your net dues are not deductible in accordance with IRC Section 6033, regarding Lobbying Expenditures. | |
| Honorary Member | No Charge |
Membership Requirements
The criteria to join or maintain membership in HCIC include, but are not limited to:
- A bona fide interest consistent with the positive maintenance, development, and promotion of the captive insurance industry in the State of Hawaii.
- Memberships are for the calendar year. Dues are not prorated or refunded.
- Termination of membership is at the discretion of two-thirds votes of the Board of Directors.