Corporate Governance

Setting up, owning, and managing a captive insurance company is a significant undertaking. This article aims to guide individuals assuming positions on a captive board. Read More

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. Read More

Responding to the increasing size and sophistication of captive insurance companies as well as the rapidly changing corporate and regulatory environment in which they operate, Airmic, the UK risk management association, has updated its Captive Governance Guide. The guide was originally published in 2019 in partnership with Aon plc. Read More

A recent white paper explores four significant biases that affect board culture. Do any of these lurk within your captive insurance company's board? Here is an analysis of the white paper and a discussion of its applicability to captive insurance company board culture. Read More

A recent report from PwC and the Conference Board examines how management views board effectiveness. Public company executives were each asked to rate their company's board of directors, and the results were surprising. Captive boards should be asking themselves how effective they are and whether management agrees with their self-assessment. Read More