Mr. Towle has been President of the Captive Insurance Companies Association (CICA) since 2017. CICA is the only domicile neutral trade association for the captive insurance industry. CICA hosts an international conference annually in the United States and bi-annually in Europe. CICA currently has nearly 700 members, which is made up of many of the most prominent captive owners and leading service providers for the industry. Towle is a frequent presenter at conferences throughout the U.S. and internationally. He is highly visible in international media and is viewed as an authority on captive insurance. He has been recognized for his contributions to the global captive insurance industry and was voted #5 in the 2025 British publication, Captive Review Magazine “Power 50” which recognizes the most influential individuals in the global captive insurance industry and has been on the list annually since 2016. He was also selected as one of the twenty-five most influential individuals over the last twenty-five years in Captive Review Magazine’s 25 at 25 also published in 2024. Previously, he worked as the Director of Financial Services for the state of Vermont for 17 years. At Vermont he was the chief marketing and business development director for the state’s captive insurance industry and was instrumental in its growth. During his tenure more than 500 captive insurance companies were licensed in Vermont. He has thirty years of leadership and experience in the captive insurance industry. He currently serves on the Board of Directors for the International Center for Captive Insurance Education. He previously has served as an Advisory Board Member for World Captive Forum, Chaired the Risk & Insurance Management Society Exhibitor Advisory Committee and was active in various capacities with the Vermont Captive Insurance Association.