ICCIE Elective Course—Regulation of Captives

When and Where:
November 2–16, 2017
International Center for Captive Insurance Education (ICCIE) Online Course
Target Audience:
Captive Managers, Captive Owners, Service Providers
Area of Interest:
Captives and Regulations
Size and Scope:
Number of Attendees: 30
Exhibits: No
Number of Booths: 0
Event Website
While regulation may never be easy, this course provides students with straight talk, engaging exercises, and easy-to-digest resources on the multifaceted subject of captive regulation. This course provides technical and practical insights to enable the student to develop a basic understanding of the regulation process as it relates to captive insurance companies. The material is presented through the examination of the life cycle of a captive. This investigation looks at issues relevant at every stage of the captive—from cradle to grave. The course provides students opportunities to discuss communication, procedures, challenges, and solutions for regulating captive companies. Students are given the opportunity to gain insight into captive regulation through hands-on activities, collaboration with peers, and a high level of access to the instructors though interactive synchronous class sessions and instructor-led prerecorded lectures.

After completing the course, student will be able to identify the documents required to license a captive and ensure they are complete; demonstrate how the documents are used in the review process; explain the importance of clear communication in the licensing process; identify ambiguities, and describe corrections; identify problematic submissions and resolve them; describe common problems associated with licensing; apply principles from the course to analyze, evaluate, and create proper business plan change requests; differentiate between properly designed business plan changes and poorly designed plans; successfully evaluate a business plan change, analyze the plan, and recommend revisions in order to make an accurate business plan change request; differentiate between voluntary and involuntary dissolution; describe various ways a captive insurance company can become financially troubled; and apply the principles from the course to a troubled company, analyze options, and make recommendations for further actions.                                        



Primary Contact: Margaret Welch, Student Support Specialist
Phone: (802) 651–9050
Sponsoring Organization: International Center for Captive Insurance Education
2517 Shelburne Rd.
Shelburne, VT 05482
Margaret Welch, Student Support Specialist
Phone: (802) 651–9050

Fax: (802) 651–6851