Conferences, Webinars, and Events
Registration is underway for this year's Bermuda Captive Conference. Due to the COVID-19 pandemic, the conference will be held June 14–15, 2020, as a virtual event. Conference organizers say this year's event will provide cutting-edge content, examine emerging trends in the captive market, and provide meaningful networking experiences.
In another sign that the COVID-19 pandemic is easing, the North Carolina Captive Insurance Association (NCCIA) has announced that its upcoming 2021 annual conference will be held in person, not online. The conference will be held August 30 through September 1 in Durham, North Carolina.
For some companies, the move into captive insurance can be a process that evolves with the business, with the organization starting with a segregated cell before ultimately moving into a wholly owned captive. Economies of scale might become available as companies move along the size and premium spectrum.
The COVID-19 pandemic has changed health care in many ways, with those changes increasing employers' consideration of captive insurance stop-loss arrangements. Rising healthcare costs had employers moving to place stop-loss coverage in captives even before the pandemic. Changes in healthcare delivery and shifting employee demographics are increasing the trend.
Among the major changes forced by the COVID-19 pandemic was a move to remote working for many organizations, an arrangement likely to persist after the pandemic in some fashion and bring with it certain risks. Among other things, organizations must apply remote working policies fairly.