Corporate Governance
A Captive Insurer Template for Corporate Governance Standards
The focus on corporate governance standards continues to receive both political and regulatory attention. As a captive board member or senior management, does your captive insurer meet the requirements set forth in the Corporate Governance Model of the National Association of Insurance Commissioners? We outline a practical exercise for your board to consider. Learn More
Key Concepts for New Captive Board Members
Captive insurance company board members have a responsibility to understand the key concepts that underpin how the captive performs. This is the first in a series of articles that explores these concepts, focusing on financial statements and actuarial reports. Learn More
A Primer on Governance Models for Captive Insurers
Explore governance models tailored for captive insurers. Learn about key frameworks to integrate policies, align board-CEO collaboration, and drive success. Read More
Captive Insurer Boards: Roles and Governance Guide
Setting up, owning, and managing a captive insurance company is a significant undertaking. This article aims to guide individuals assuming positions on a captive board. Read More
Corporate Governance and External Peer Review
In this article by Robert Walling, Pinnacle Actuarial Resources, he discusses how the use of a peer review of the consulting actuary's work results in better corporate governance. Given the lack of insurance expertise on many captives' board of directors, the use of a peer review is certainly justified. Read More
Airmic Updates Its Captive Governance Guide To Address Captive Changes
Responding to the increasing size and sophistication of captive insurance companies as well as the rapidly changing corporate and regulatory environment in which they operate, Airmic, the UK risk management association, has updated its Captive Governance Guide. The guide was originally published in 2019 in partnership with Aon plc. Read More
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. Read More