ICCIE

International Center for Captive Insurance Education

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Captive Board Governance

ELECTIVE COURSE

5 CPE credits are available for the the successful completion of this course.

 

This three session elective course examines corporate governance from the perspective of the board of directors of captives and risk retention groups. The duties and roles of members of captives and risk retention boards are increasing with greater responsibility and liability being placed on the board. Students including those considering becoming a board member, those already on boards as well as those recently approved as a board member by regulators will learn the duties, responsibilities and rights of a corporate director, board structure, operations, interaction with management and counsel and committee structure and involvement. During the course they will gain an understanding of the role of an independent board member, board oversight activities, qualifications for board service, directors and officer’s liability issues, ethical considerations, applicable federal laws, personal liability and indemnification. Special emphasis will be given to traditional material for the interest of those who might be serving on an insurance company board for the first time.

 

Students through interaction and working together with other students who are experienced captive, attorneys, accountants, regulators and other service providers will have the opportunity to learn from each other and how these other service providers service the captive and also are a resource for board members.


Using a series of board operation case studies involving real life situations, participants will engage with their peers and instructors to determine the board best practices. Students will also gain an understanding of onshore and offshore best practices in corporate governance relating to captives and RRGs. Further items covered in this course include,

 

 

Fall Course begins in October 2014

Online Course

Instructor: John O'Brien, Wendy Fisher and Monte Jahnke

In addition to self-paced reading and assignment work, students will be required to attend three webconference sessions and complete two weeks of follow up assignments.

Registration Deadline: October 22, 2014

Webconference one, Wednesday, October 29th from 2:30-3:45 p.m. EDT

Webconference two, Wednesday, November 5th from 2:30-3:45 p.m. EST

Webconference three, Wednesday, November 12th from 2:30-3:45 p.m.EST

Office Hour, Wednesday, November 19th from 2:30-3:30 p.m. EST

For further details please contact at ICCIE at 802-651-9050.

 

To see when this course will be taught again go to the course schedule page