Conferences, Webinars, and Events
While risk retention group (RRG) formations have fallen short of their pace during previous hard insurance markets, RRGs continue to fill an important role addressing challenging insurance markets. Panelists discussed "Are RRGs a Mature Industry?" Tuesday on the first day of this year's virtual Vermont Captive Insurance Association Annual Conference.
Advancing technology and new analytics tools have put businesses in a position to better understand their risks and how they finance them, including the role of captive insurance. Ultimately, the organization's broader risk financing strategy should determine the proper role for the captive.
The Captive Insurance Companies Association (CICA) has opened registration for its 2021 Fall Forum scheduled for October 10–13 in Tucson, Arizona. The Fall Forum's agenda includes 18 45-minute education sessions on timely topics and best practices in captive insurance, more than 35 exhibitors, and 25 hours of networking opportunities.
The Vermont Captive Insurance Association (VCIA) has offered additional details about some of the new features to be offered at its 36th annual conference August 10–12. Due to uncertainty around the COVID-19 pandemic, this year's VCIA conference will be held online.
With insurance buyers turning to captive insurance more than ever as a risk financing solution, tax developments in the United States or on the international front should have little impact on the captive industry, a panel of experts suggested. The panelists spoke during a Self-Insurance Institute of America webinar.