NCCIA Board of Directors
Lea Riddle, CIC, Chairman
Lea graduated from University of Tennessee with BA in History and from Wake Forest University with a Master’s in Business Administration. He began his career with McGriff Insurance Services in 2007. Lea specializes in alternative risk financing focusing on the formation of captive insurance companies.
Lea is actively involved in the community by serving as the Board Chair for SVH Services as well as being an advisor for Leadership Roanoke Valley. He and his wife brought the iCan Shine bike camp to the Roanoke Valley in 2013 and have run this camp every summer since then. This program teaches children, teens, and young adults with developmental disabilities how to ride a bike in 5 days.
Lea lives in Roanoke, VA with his wife Ginny, and two children, Sarah and Charlie.
Anne Marie Towle, Vice Chairman
Anne Marie is an industry leader and Senior Vice President with Hylant. Anne Marie was previously Senior Captive Consultant, Senior Vice President for Willis Towers Watson. A Captive Review Power 50 from 2016 through 2018, she also served Fortune 500 insurance companies as a manager of tax with KPMG and E&Y. Anne Marie serves on the Board of Directors for the Vermont Captive Insurance Association (VCIA) and the International Center for Captive Insurance Education (ICCIE). She is on the curriculum committee and is an instructor for ICCIE, and she has served on the conference committees of the (2017 Chair) VCIA, Captive Insurance Companies Association (CICA), World Captive Forum (WCF) and the South Carolina Captive Insurance Association (SCCIA). Anne Marie is a frequent speaker and presenter at industry conferences and has presented at all four NCCIA conferences.
Thomas L. Adams, LHD, CAE, President & CEO
Thomas Adams is a founder of the NC Captive Insurance Association and serves as it’s first President & CEO located in Southern Pines, NC. Mr. Adams previously held positions as the Chief Executive Officer of several major state, national and international associations. Adams was named Executive Vice President & CEO of the State Medical Society of Wisconsin in 1986. Subsequently he served as President & CEO of the Medical Group Management Association in Denver, CO and Washington, DC; Executive Director & CEO of the American Society of Plastic Surgeons; President & CEO of the Association of Clinical Research Professionals, and CEO of the Board of Certified Safety Professionals.
His service has included appointment as a member of the Secretary of the United States Department of Health & Human Services Advisory Committee on Human Research Protections. He served as Chairman of the Wisconsin Governor’s Task Force on Health Insurance for the Uninsured, which created a number of pilot projects to address the issue. Mr. Adams was also named to the Advisory Board of the Hawaii Visitors and Convention Bureau. He currently serves as Chairman of the Professional Certification Accreditation Committee in the United States for ISO Standard 17024.
He served for 9 years as a Board member of the WI Physicians Insurance Company as a member of both the Executive and Investment Committees. An active member of a number of professional societies and charities, he was elected a member of the Board of Directors and Officer of the American Association of Medical Society Executives, a member and committee member of the American Society of Association Executives, and a Division Chairman of the United Way.
He is a graduate of Lenoir Rhyne University and in 2002 was awarded an Honorary Doctor of Humane Letters by his alma mater. An avid sailor and sometime golfer, he resides with his wife Diane in Southern Pines, NC. He has two children, Benjamin, a hedge fund manager in New York City and a daughter, Ashley, an international public health consultant in Addis Ababa, Ethopia.
Matthew A. Holycross, Treasurer
Matthew A. Holycross is a Financial Executive with extensive practical experience in the design, planning, implementation, and operation of creative and effective insurance structures.
After spending nearly a decade in both Controller and CFO roles for Property & Casualty insurers, Matt joined The Taft Companies in 2012 as their Director of Finance. At Taft he is responsible for the design, implementation, and ongoing operation of Taft’s captive clients. His experience in leading the financial functions of insurance companies, coupled with specific experience in program design and both GAAP and Statutory financial reporting, provide a unique background to develop creative risk-transfer solutions for traditional carriers, Managing General Agents, and Non-insurance enterprises.
Matt is a graduate of the University of South Carolina with a Bachelor of Science in Business Administration (Finance and Accounting). He is a Certified Public Accountant, with memberships in the American Institute of Certified Public Accountants and the South Carolina Association of Certified Public Accountants. He has served on the Alternative Risk Transfer Committee of the Self-Insurance Institute of America, and received his ACI designation from the International Center for Captive Insurance Education. He is also a Past-Chairman of the Young Alumni Council for the University of South Carolina Alumni Association.
Matt is a resident of Columbia, South Carolina; where he lives with his wife, Julie, and their two children.
D.M. “Mickey” Payseur, CPA, Secretary
Mickey Payseur joined the Board of Directors in August 2016. A lifelong resident of Cherryville, North Carolina, he is Managing Partner of Butler & Stowe, a local firm of Certified Public Accountants based in Gastonia, North Carolina, with offices also located in Forest City, North Carolina and Belmont, North Carolina.
Mr. Payseur has served the community in a variety of endeavors and is currently on the Board of Visitors of Lenoir-Rhyne University, Board member of Cherryville Community Development Corporation, and a member of Gaston County Bar Association’s Grievance Committee (non-lawyer member). In 1994, Mickey was named Small Business Advocate of the Year by the Gaston County Chamber of Commerce. He was recently publically recognized for his assistance in forming Cherryville High School Education Foundation, Inc. for the benefit of his Alma Mater. He has spoken to numerous professional groups and non-profit organizations on subjects ranging from formation of tax-exempt organizations and their governance, internal revenue regulations and tax law changes at the state and federal levels.
Mr. Payseur has represented clients before the Internal Revenue Service and other taxing authorities and often provides testimony as an expert witness in cases involving property settlements, stockholder disputes and other financial and tax-related matters.
Prior to his election to the NCCIA Board, he was Chairman of the Association’s Government Affairs Committee and had an influential role in shaping the 2016 Technical Amendments Bill to the NC Captive Practice ActMickey Payseur joined the Board of Directors in August 2016. A lifelong resident of Cherryville, North Carolina, he is a Senior Partner of Butler & Stowe, a local firm of Certified Public Accountants formed in 1949 and based in Gastonia, North Carolina, with offices also located in Forest City, North Carolina and Belmont, North Carolina.
Mr. Payseur has served the community in a variety of endeavors and is currently on the Board of Visitors of Lenoir-Rhyne University, President and Board member of Cherryville Community Development Corporation, and a member of Gaston County Bar Association’s Grievance Committee (non-lawyer member).
He has recently been named to the Charles M. Snipes School of Business and Economics Business Advisory Board at Lenoir-Rhyne University. In 1994, Mickey was named Small Business Advocate of the Year by the Gaston County Chamber of Commerce. He was recently publicly recognized for his assistance in forming Cherryville High School Education Foundation, Inc. for the benefit of his Alma Mater. He has spoken to numerous professional groups and non- profit organizations on subjects ranging from formation of tax-exempt organizations and their governance, internal revenue regulations and tax law changes at the state and federal levels.
Mr. Payseur has represented clients before the Internal Revenue Service and other taxing authorities and often provides has provided testimony as an expert witness in cases involving property settlements, stockholder disputes and other financial and tax-related matters. Prior to his election to the NCCIA Board, he was Chairman of the Association’s Government Affairs Committee and had an influential role in shaping the 2016 Technical Amendments Bill to the NC Captive Practice Act.
Wesley L. Deaton, Board Member
Wesley L. Deaton is the founder and managing member of The Deaton Law Firm, PLLC in Denver, North Carolina. He earned his B.A. at the University of North Carolina at Chapel Hill and his Juris Doctoris Cum Laude from the University of Georgia. Wesley has practiced law in the Charlotte area for almost 20 years and has been recognized in his area for his business, captive insurance, banking and transactional practice. He currently serves as general counsel for a number of local businesses and financial institutions, and as the resident manager or director of a number of captive insurance companies. He has been licensed to practice law in North Carolina since 1998, and in 2014, he obtained his New York law license. He and his wife, Virginia, live in Catawba County, and in his free time he enjoys international travel, swimming, tennis, and learning to surf.
Morgan Weatherly, CPA, Board Member
Based in Charlotte, NC, Morgan Weatherly is a NC Certified Public Accountant who began with Atlas Insurance Management in 2016 as an Account Manager. Morgan’s responsibilities include overseeing a team of staff that manages a diverse portfolio of captive insurance companies. Morgan began her career in accounting with PricewaterhouseCoopers (PwC) in the audit function. During her time with PwC, Morgan managed a team of associates while working with a variety of clients ranging in size and industry and operating under both GAAP and IFRS standards. She interfaced with managers, directors, and partners in the firm to work through urgent client needs and strategize internal process improvements.
Mike Meehan, Board Member
Mike is a consultant with Milliman, Inc. and he has over 25 years of experience working with captive insurance companies and other alternative risk financing programs. Mike is an active participant in the captive industry and is a frequent speaker and author on captives and alternative risk financing. Mike is an active member on numerous captive domicile committees, and is a former Board member and Treasurer of the VCIA. Mike was named to Captive Review’s Power 50 in both 2016 and 2017.
Diana Hardy, Board Member
Diana Hill, CPA #36753, is a Senior Audit Associate in the Raleigh office of Rives & Associates, LLP. Diana joined the firm in April 2015 and practices in the areas of auditing and attestation. She has over six years of experience in public accounting and her experience and areas of expertise include: Not-for-profits, HUD and affordable housing audits, community health centers, A-133 audits, charter schools, private schools, churches, foundations, manufacturing companies, retail companies, and trade associations. Continuing Professional Education Her continuing education includes attendance at courses concentrating on audit services for general, nonprofit, governmental, HUD industry and fraud topics.
Diana is a proud member of the North Carolina Association of Certified Public Accountants and the American Institute of Certified Public Accountants. Diana is also a member of the Association of the Certified Fraud Examiners.
Accreditations and Licenses
Diana graduated from North Carolina State University with a Bachelor of Science in Accounting and a Masters of Accountancy. She is licensed as a Certified Public Accountant in North Carolina.
Civic Organization and Activities
Diana serves as a board member and volunteer of the Kinston Community Council for the Arts.
Adam Forstot, Board Member
Adam is an experienced and creative insurance/alternative risk executive with more than 20 years of industry experience. He has been involved with all aspects of captive program development and management including program design and structuring, the placement of reinsurance and ongoing program administration. Adam has also provided consultation on coverage, claims analysis and risk management issues. His areas of focus include:
Risk Retention Groups