Corporate Governance
Assessing the Human Element in Board Culture
A recent white paper explores four significant biases that affect board culture. Do any of these lurk within your captive insurance company's board? Here is an analysis of the white paper and a discussion of its applicability to captive insurance company board culture. Learn More
How Effective Is Your Board? The Answer Might Surprise You
A recent report from PwC and the Conference Board examines how management views board effectiveness. Public company executives were each asked to rate their company's board of directors, and the results were surprising. Captive boards should be asking themselves how effective they are and whether management agrees with their self-assessment. Learn More
Do Your Mental Models Need Updating?
Rapid and profound change requires us to reexamine our mental models. This is true for everyone, including captive owners, board members, and managers. Here are some ideas and suggestions for those interested in updating their mental models. Read More
For Captive Owners, There's No Transferring Governance Responsibility
Corporate governance is critically important for captive insurance companies, as well as the managers and other service providers the captive employs. It's the captive's owner, though, that bears the ultimate responsibility for governance. The captive owner is responsible for operating a regulated insurance company and the associated compliance. Read More
Understanding the Essentials of the CEO and Captive Board Relationship
The importance of good CEO/board relationships cannot be underestimated. The purpose of this article is to look at what constitutes the essential elements of a good CEO/board relationship and how these elements can be adapted to fit the management model employed by a large number of captives. Read More
Key Facets of Captive Insurance Company Board Assessments
Board assessments can be valuable tools in improving the performance of captive insurance company boards. This article explores reasons why board assessments might be necessary for captive insurance companies, the benefits they can offer, and options for conducting them. Read More
Why Your Captive Insurance Company Board Needs To Be Actuarially Sound
In today's environment, it's imperative that a captive insurance company board, or at least a number of board members, be actuarially sound. Take a look at what captive board members should know about actuarial analysis and why as well as actuarial terms board members should understand. Read More