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.
Strong leadership and a healthy culture may be the ultimate defining qualities of a successful company today. A recent survey by WomenCorporateDirectors foundation and executive compensation consultancy Pearl Meyer provides insight on how boards of directors can advance their organization's business strategy by cultivating the right leadership strategy, talent development, and corporate culture.
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.