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:
Keep your captive at the head of the pack.
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.
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:
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:
Take away creative approaches to use risk management to add value to your organization.
Captives can mitigate risks and provide financial returns. Maximize your captive’s performance based on best practices. Master the success factors to:
Walk away with a plan to attenuate risk and improve the ROI of your captive.
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:
Keep emerging risks in check with a systematic approach to risk management.
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:
Take away experienced insight on transferring your company’s risk
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:
Maximize the financial benefit of your captive with a solid investment strategy.
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:
Design an action plan to secure the best domicile for your captive.
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.
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:
Use a captive to train new insurance professionals.
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:
Apply objective measures to assess the financial performance of your captive