Toronto, ON

Monday, June 4th &
Tuesday, June 5th, 2018

Agenda

June 5, 2017
  • 8:15 AM
    Registration & Continental Breakfast
  • 9:00 AM
    Opening Comments from the Chair
    Gordon Anderson
    President, Cidel Trust Company
  • 9:15 AM
    Opening Address
    Does your Captive follow Best Practices?
    Valerie Cusano
    Principal, Palm Insurance Canada

    Captives evolve and so should their best practices. Discover emerging trends on the ways captives can ensure they are not lagging behind, with discussion on:

    • Compliance
    • Transfer Pricing
    • Product Development

    Keep your captive at the head of the pack.

  • 10:00 AM
    Interactive: Speed Networking
    Speed Networking

    Network with your peers and hear about the innovative ways that they are using captives as part of their risk management strategy. Sources insights you won’t hear anywhere else in candid and off-the-record discussions.

  • 10:30 AM
    Mid-morning Networking Break
  • 11:00 AM
    Case Study: College of Registered Nurses of British Columbia
    Adapting Your Captive to Meet Your Changing Needs
    Cynthia Johansen
    Registrar/CEO, College of Registered Nurses of British Columbia

    Due to the cyclical nature of the insurance industry, captive owners should have an exit strategy. This session will explore a situation in which closing a captive was the right strategic move. The session will provide information about:

    • Assessing the risks and benefits of your captive
    • Exploring alternative means of managing risks
    • Preparing to wind up your captive and transition stakeholders impacted by the change
  • 11:45 AM
    Industry Expert
    Turning Risk Management Concepts into a Practical Reality
    Carrie Lam
    Senior Manager, Collins Barrow Toronto

    Many organizations are at a loss for how to incorporate risk management techniques into their day-to-day operations. See how you can elevate risk management beyond a compliance exercise and leverage it as a value-add tool. Explore creative yet practical approaches to:

    • Transform vague concepts and beliefs about risk into something meaningful to your stakeholders
    • Develop practical risk measures to quantify and monitor your risk exposure
    • Integrate risk management into your operations to make sound financial decisions

    Take away creative approaches to use risk management to add value to your organization.

  • 12:15 PM
    Networking Lunch
  • 1:30 PM
    Power Panel – Maximize Performance
    Assess How to Use Captives to Manage Risks and Increase your ROI
    Valerie Cusano
    Principal, Palm Insurance Canada
    Wayne Nishimura
    Sr. Director, Risk Finance, FirstGroup America
    Zach Finn
    Director, Davey Risk Management & Insurance Program, Butler University

    Captives can mitigate risks and provide financial returns. Maximize your captive’s performance based on best practices. Master the success factors to:

    • Create greater value from your captive
    • Protect your organization against risks
    • Respond to your company’s changing needs

    Walk away with a plan to attenuate risk and improve the ROI of your captive.

  • 2:30 PM
    Mid-afternoon Networking Break
  • 3:00 PM
    Case Study: Kelly Services
    Deploying a Global Enterprise Risk Management Program to Deal with New Risks
    Gary Pearce
    Vice President Risk Management, Kelly Services, Inc.

    ERM provides a framework to manage risks through captives and other mechanisms. Explore how to deploy your ERM to manage new and emerging risks. Sources insights on ERM for:

    • Responding to the US/EU Privacy Shield program and the EU General Data Protection Regulation
    • Maintaining compliance and mitigating cyber risks
    • Meeting social responsibility obligations

    Keep emerging risks in check with a systematic approach to risk management.

  • 3:45 PM
    Industry Expert: Appleby
    Insurance-Linked Securities: Launch Your Company’s Own Insurer to Offload Risk and Raise Capital
    Gavin Woods
    Counsel, Appleby

    Insurance-Linked Securities (ILS) is the means by which insurance risk is transferred to the capital markets.  Explore how Bermuda, the domicile with more than half of the world’s ILS market capitalization and one of the world’s largest captive domiciles, can help you form and administer a tailored ILS structure.  Develop a blueprint to:

    • Create your company’s own special purpose insurer
    • Fully fund your company’s exposure by securitizing insurance risk
    • Consider additional ways to achieve your company’s needs (including segregated accounts and listing on a public exchange)

    Take away experienced insight on transferring your company’s risk

  • 4:15 PM
    Conference Adjourns to Day Two
  • 4:20 PM
    Executive Evening Networking Reception
June 5, 2017
June 6, 2017
  • 9:00 AM
    Registration
  • 9:45 AM
    Opening Comments from the Chair
    Valerie Cusano
    Principal, Palm Insurance Canada
  • 10:00 AM
    Opening Address
    Develop Investment Strategies for your Captive to Preserve Capital and Maximize Returns
    Gordon Anderson
    President, Cidel Trust Company

    Your organization’s ability to retain risk will depend on the captive’s financial viability. Determine what you want to get out of your investments, what options are available to your captive, and how to work with your investment manager to create a portfolio that meets your current and future needs. Establish a roadmap to:

    • Determine your asset allocation according to your risk profile and stage in captive lifecycle
    • Evaluate the current capital market outlook and expected returns on your investments
    • Maximize your captive’s investment return

    Maximize the financial benefit of your captive with a solid investment strategy.

  • 10:45 AM
    Mid-morning Networking Break
  • 11:15 AM
    Expert Panel: Domicile Selection
    Evaluate the Advantages of Domiciles to Meet your Insurance and Investment Objectives
    Valerie Cusano
    Principal, Palm Insurance Canada
    Kester Guy
    Deputy CEO, Financial Services Commission (Barbados), Invest Barbados
    Ron Sulisz
    Chairman, Legislative & Regulatory Committee, Insurance Managers Association of Cayman

    Current and potential captives can utilize many different domiciles, each with their own benefits. Create an action plan for measuring each domicile’s value for your captive. Create a roadmap to:

    • Identify and strengthen the goals of your captive
    • Discover the optimum regulatory environment for your captive
    • Maximize the tax benefits of your captive

    Design an action plan to secure the best domicile for your captive.

  • 12:15 PM
    Networking Lunch
  • 1:30 PM
    Case Study: Province of Nova Scotia
    Using a Risk Register to Improve your Risk Management Strategy
    Bruce Langille
    Managing Director of Risk Management & Security Services, Province of Nova Scotia

    Before you can manage risk, via captives or other tools, it’s essential to understand the value of those risks. Using a risk register can help quantify your risks in order to better inform your risk management. Source insights to:
    ·      Understand major corporate categories of risk
    ·      Frame the risk question
    ·      Assess and select appropriate treatment plans

    Quantify your risk to know what needs to be covered by your captive.

  • 2:15 PM
    Mid-afternoon Networking Break
  • 2:45 PM
    Case Study: Butler University
    Developing a Student-run Captive Insurance Company to Develop New Talent
    Zach Finn
    Director, Davey Risk Management & Insurance Program, Butler University

    The insurance and risk management industry is expecting a talent shortage as employees retire in the coming years. A captive insurance company offers a means of working with students to fill your talent gap. Source insights on working with young professionals to:

    • Develop a captive feasibility plan
    • Select a domicile
    • Determine risks and appropriate coverage

    Use a captive to train new insurance professionals.

  • 3:30 PM
    Case Study: FICOM
    Gauge Your Captive With Financial Ratios to Assess Performance
    Doug McLean
    Deputy Superintendent, Financial Institutions Commission of British Columbia

    In order to benefit from a captive it’s important to have a barometer for its performance. Using key financial ratios can allow you to measure your performance against best practices. Develop a plan to:

    • Identify relevant financial ratios
    • Benchmark your captive against ratios
    • Develop a strategy around financial measures

    Apply objective measures to assess the financial performance of your captive

  • 4:15 PM
    Conference Adjourns
June 6, 2017

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