Corporate Governance
Why Your Captive Insurance Company Board Needs To Be Actuarially Sound
Captive insurance company boards must go beyond financial literacy and develop a solid understanding of key actuarial principles. Actuarial literacy enables better oversight of reserves, pricing, and risk strategy—helping captives stay solvent and effective. Training and clear communication with actuaries are essential for modern governance. Learn 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. Learn More
5 Top Tips for Building a Captive Insurer Board of Directors
To build an effective board for a captive insurer: develop a clear mission, recruit diverse skills, keep the board size manageable, establish clear roles and governance rules, and foster a culture of healthy debate. These steps ensure comprehensive oversight and efficient decision-making, enhancing governance and performance. Read More
Does Your Captive Insurance Company Suffer from Bad Directors?
Learn how to identify and address "bad directors" in captive insurance companies to ensure effective governance and protect your organization's interests. Read More
Are You Ready To Serve on a Captive Insurance Company Board?
Several trends are creating exciting opportunities for positions on boards of directors, including those of captive insurance companies. Learn about these trends and position yourself for success. Read More
Understanding the Essentials of the CEO and Captive Board Relationship
Explore the essentials of a solid CEO/board relationship for effective captive insurance management, focusing on clear roles, responsibilities, and open communication. Read More
5 Key Pillars of Captive Insurer Corporate Governance
Five key governance pillars for captive insurers: independence, accountability, fairness, responsibility, and transparency. All are crucial for success. Read More