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Conference Program and Schedule


PROGRAM UPDATE:
To ensure we meet your needs, we’ve made some exciting changes to enhance your learning and networking experience for 2010…

  • Expansion of Tuesday conference program so you get the most of your investment.

  • Sessions identified as beginner (101), intermediate (201), and advanced (301)
    to simply your education selections.

ONLINE REGISTRATION HAS CLOSED, BUT YOU CAN STILL REGISTER ON-SITE!


SCHEDULE-AT-A-GLANCE

Sunday, March 7

12:30 pm tee-off Golf  Tournament*

2:00-4:00 pm

Golf Clinic**
2:00-5:00 pm Tennis Mixer**
6:30-8:00 pm Reception in the Exhibit Area

* Event is for conference registrants only. Activity registration and fee required.

** Guests are welcome. Activity registration and fee required.



Monday, March 8

7:30-8:30 am Breakfast in the Exhibit Area
8:45-10:30 am Opening General Session
featuring keynoter
Peter Leyden
; presentation of the 2010 CICA Distinguished Service Award and Outstanding Captive Award
10:30-11:00am Networking Break
11:00 am-12:00 pm Education Sessions
12:00-1:15 pm Lunch in the Exhibit Area
1:30-3:00 pm Education Sessions
3:10-4:30 pm Education Sessions
5:30-7:00 pm Networking Reception in the Exhibit Area


Tuesday, March 9
7:30-8:45 am Breakfast in the Exhibit Area
8:45-10:00 am Education Sessions
10:15-11:30 am Education Sessions
11:30 am- 12:45 pm Lunch in the Exhibit Area
1:00-2:15 pm Education Sessions
2:30-3:45 pm Education Sessions
3:45-5:00 pm Education Sessions
5:00-6:30 pm Closing Networking Reception

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CONFERENCE PROGRAM (as of 12-18-09)

Monday, March 8
8:45-10:45 am
Opening General Session
Keynote Address—Technology and Future Trends Expert, Author of What’s Next? and The Long Boom
with Peter Leyden
Peter Leyden tells the big-picture story about the phenomenal transformation the world is going through right now and how these fundamental changes will impact all facets of business and life. Leyden's eye-opening presentation will give you a clear view of how tremendous shifts in technology, the media, the economy and globalization will continue shape and influence how you conduct business every day.

In addition to the keynote address, the opening session also features brief comments from CICA’s President and Board Chair, granting of ICCIE Certificates, and presentation of the 2010 CICA Distinguished Service Award and the 2010 Outstanding Captive Award.
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11:00 am-12:00 pm
Captive Owners Special Forum
This popular session is the ideal forum for candid dialogue among captive owners about their day-to-day challenges and how captives are being used to increase value and success. Attendance is limited to captive owners only.
Moderator: Skip Neilson, Downstream Team Lead-Americas, Shell Oil Company
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NEW! Captive Managers Special Forum
This session features an open dialogue between CICA leaders and captive managers. This is your chance to exchange ideas and discuss longer term strategies to enhance the value of CICA to captive managers.. Attendance is limited to captive managers only.
Moderator: Karin Landry, Managing Partner, Spring Consulting Group, LLC
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1:30-3:00 pm
201: Leveraging Legacy Liabilities-Effective Portfolio Run-Off Strategies in the Current Economic Climate

This reveling session will explore the options for discontinued insurance portfolios with particular emphasis on Captives. Run-off strategies, Loss Portfolio Transfers, Commutations and Novations will be discussed and evaluated as to when they are appropriate and cost effective. 
Speakers: Art Coleman, President, Citadel Risk Management, Inc.; Gregory Lang, Sr. Vice President, Munich Re America
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301: Establishing Captive Value by Building a Healthcare Cooperative
Using captives to fund health insurance gives employers the opportunity to manage a cost that has escalated out of control for many years. For existing group captives and risk retention groups, adding health insurance to the risks covered can create real cost savings for members and attract new participants. These programs follow the same broad principles as the government’s plans for healthcare co-operatives and have generated a great deal of interest.
Moderator: Arthur Perschetz, Attorney, Baker & Daniels
Speakers: John Cassell, Sr. Partner, Spring Consulting Group; Phil Collyer, Vice President, National Human Services Assembly; Marta Hayes, Program Director, ASAE Business Services, Inc.
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101: Captives/RRGs 101
Keep grounded in the vital basics regarding captives, this annual session has proven popular for both captive and risk retention rookies & seasoned veterans.  This session will explain the various steps in the evaluation and implementation of a captive program with topics ranging from the feasibility study to the first audit. The communication of the benefits to senior management will also be highlighted. Session attendees receive CICA’s Captive Overview publication. See what options exist within the risk retention group arena as well as important factors to provide maximum value.
Speakers: Peter Joy, Executive Vice President, Aon Insurance Managers; Michael Scott, Manager-International Insurance, Archer Daniels Midland Company
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3:10-4:30 pm
101: Fine Tuning Your Operations:
CICA Operational Best Practices

After the success of the initial Best Practices Guidelines, and positive industry feedback, CICA has created a set of guidelines focusing more closely on the operational best practices of captives in utilizing service providers, such as, captive managers, consultants, actuaries, auditors and lawyers.  These new guidelines provide captive owners and captive regulators with best practice guidelines regarding what they should expect from their service providers and how they should measure their performance.  Hear from participants involved in the process of drafting the next iteration of best practices. 
Moderator: Karin Landry, Spring Consulting Group, LLC;
Speakers: Ryan Ralston, ICM Inc.; David Provost, Deputy Commissioner, State of Vermont

201: Setting Loss Reserves: What You Don't Know Can Hurt You
Loss reserves are the largest liability item on a captive’s balance sheet, and management has responsibility for deciding on what amount will be recorded in the company’s financial statements.  Loss reserves can contain significant uncertainty and are sometimes presented as “ranges” of reasonable loss reserve estimates in the actuarial report.  Each panelist (actuary, auditor and captive manager) will discuss their role in deciding what amount to set.
Speakers:
Robert Johnson, Managing Director, Marsh, S.C.; Paul Struzzieri, Principal & Consulting Actuary, Milliman, Inc.; Magali Welch, Principal, Johnson Lambert & Co.
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301: Middle Market Captive Growth
Long the bastion of the largest publicy held companies, captives have become viable for the substantial, closely held business that seeks to supplant or supplement current property and catastrophe coverages. For the business owner, a captive provides the insureds with greater influence over the financial health and well being of the insurer, rather than being at risk of having coverages effectively negated due to poor investment decisions by conventional insurers or the traditional propensity to deny commercial claims. As a result of the growing uncertainty in the conventional insurance markets, more and more middle market companies are looking to captives as a viable risk-planning alternative.
Moderator: Anne Marie Unger, Vice President, Willis
Speakers: Lanston Connors, Anguilla Registrar of Companies; Stewart Feldman, CEO, Capstone Associated Services, Ltd.; Steve Kinion, Delaware Department of Insurance
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4:30-5:30 pm
Breakout Meetings with Domicile Regulators
This session is an opportunity for the captive insurance regulators from the various domiciles to meet with owners and managers of existing captive insurance companies and with owners of potential captive insurance companies.  Conversely, captive owners and those thinking about forming a captive insurance company will be able to visit with one or more domicile regulators!

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Tuesday, March 9

8:45-10:00 am
201: New Data! CICA Fronting Survey

This annual research advances its scope to include employee benefits, expanded financial information and enhances the details based upon the answers provided by captive owners throughout the industry. Learn how your captive measures up.
Speakers: CICA Fronting Survey Committee: Catherine Duffin, Div. Chief Operating Officer-Group Strategy, Artex Risk Solutions, Inc; Carol Pierce, Vice President, Munich Reinsurance America, Inc.; Kathleen Dickenson, Vice President–Operations-Alternative Risk Programs, FinCor Solutions; Carol Frey, Vice President, Ace Risk Management; Magali Welch, Principal, Johnson Lambert & Co. LLP; Michael Mead,President, M.R. Mead & Company, LLC; Carrie Rice, CPA, Johnson Lambert & Co. LLP
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201-301: Regulatory Update-NAIC & Solvency II and their Impact Globally
This is your chance to find out the latest on NAIC issues with specific emphasis on Captives by Zurich's Chief Compliance Officer for North America and an Update on the developments of Solvency II and their applications on Captives. Following presentations by the speakers, there will be a panel discussion on the possible impact on North American Captives by Solvency II.
Speakers: Damian Sepanik, Chief Compliance Officer, Zurich North America; Tim Byrne, Managing Director, Willis Management(Dublin) Limited; Guenter Droese, Global Head of Corporate Insurance, Deutsche Bank Group
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101: Collateral Alternative During a Credit Crisis
This session identifies the acceptable forms of collateral used for corporate and captive insurance programs as well as defining the features and benefits (including costs), carrier acceptance, accounting treatment, and answers to relevant treasury and risk management questions for each alternative.
Speakers: Monique Jackson, Sr. Vice President, Global Captive Management Ltd.; Mike Ramsey, Vice President-Product Development, Wells Fargo; Pete Rapciewicz, Assistant Vice President, Chartis
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10:15-11:30 am
201: Captive Re-Domiciling: Is Now the Time? What are the Issues?
With the rapidly changing captive environment more captives are, for various reasons, redomesticating from one domicile to another. This session will feature an experienced group of captive experts who will explore the legal, regulatory, tax and management aspects of redomestication. Several actual case studies will be discussed.
Moderator: Arthur Perschetz, Attorney, Baker & Daniels
Speakers: April Panton, Sr. Client Services Manager, Lionheart Insurance Group; Gordon Rowell, Cayman Islands Monetary Authority; Tom Jones, Parnter, McDermott Will & Emery LLP; Dana Sheppard, Associate Commissioner of Risk Finance Bureau, DC-Department of Insurance

201: Maximizing Value with Successful Management of Captive Claims
This panel features representatives from two prominent and successful captives as well as Discover Re and Gallagher Basset will discuss their experiences in how to out perform industry loss ratios and address the many claims management challenges they have faced. This session will be very interactive, touching on many claims related issues such as: How to compare and contrasting RFP’s, How to keep your files at the top of the adjusters desk, Stewardship Reports, Measuring TPA’s Performance, Best Practices, and Are all contracts in sync – claims, reinsurance, policies and much more.  
Moderator: Lawrence Cook, Vice Presdient, Discover Re
Speakers: Robert Bulter, Account Exeuctive, Gallagher Bassett Services, Inc.; Peggy Kehoe, Second Vice President, Discover Re; Mike O'Neill, President, American Contractors Insurance Group Ltd.; Derek D'Onofrio, Account Executive-Captives, Risk Retention Groups, Gallagher Bassett Services, Inc.
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101: IFRS Captivating Accounting
Explore the impact of IFRS on the captive insurance industry. The panel will present IFRS as a financial reporting framework, lessons learned from converting to IFRS, the broader business impacts of adopting IFRS, and the convergence of IFRS and US GAAP including key milestones in the timeline.
Moderator: Anne Marie Unger, Vice President, Willis
Speakers: Glenn Saslow, Parnter, Saslow, Lufkin & Buggy; Eric Elman, Partner-Insurance Practice, KPMG;Tomas Wittbjer, Global Head of Insurance, IKANO SA
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1:00-2:15 pm
301: Expectations in the Reinsurance Markets
This eye-opening session explores the state of the current global reinsurance market for captives and provide examples of innovative captive reinsurance placements.  
Moderators: Les Boughner, Executive Vice President, Willis; Anne Marie Unger, Vice President, Willis
Speakers: John Briggs, President, General Agency Services, Inc.; Brian First, EVP-Chief Marketing Officer, SPARTA Insurance Company; Michael Woodroffe, President, Kirkway International Ltd.
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201: Rating Agencies Under Attack: Will they Survive regulatory Reform?
Rating agencies have been vigorously criticized for "aiding and abetting" the financial crisis by giving "A" ratings to junk investments.  What caused this?  Legislation is pending in Congress to tighten regulation of rating agencies and even the NAIC has looked at establishing its own rating agency.  Good rating agencies are a vital part of a stable financial system, but bad ones can result in a financial catastrophe.  Our panel will look at these issues from various perspectives and provide insight as the future of rating agencies in our financial system.
Speakers: John Andre, A.M. Best Company; Chris Evangel, Managing Director of the Securities Valuation Office, National Association of Insurance Commissioners; Skip Myers, Managing Partner-Insurance Group, Morris, Manning & Martin, LLP
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201-301: Customer Centric Insurance
Hear from two companies that successfully used their captives to provide unique coverage aimed at the specific needs of their customers including workers’ compensation, general liabilities and warranties.
Moderator: Karin Landry, Managing Partner, Spring Consulting Group, LLC
Speakers: Dan Keenan, Business Development Manager, National Interstate Insurance Co.; Mike Lubben, Vice President-Risk Management, Ryder System, Inc.; Tony Mercurio, Vice President, Alternative Products, National Interstate Insurance Co.
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2:30-3:45PM
201:
Financial Measurers that Matter-Across the Globe
Regulators have their ratios and guidelines for captives, fronting companies have theirs. But how do these compare to what a captive owner has to contend with when justifying the captive to the members?  This session will test accepted ideas and rules, and involve the audience in the debate.
Moderator:
Hugh Rosenbaum, Tillinghast-Towers Perrin
Speakers: David Provost, Deputy Commissioner, State of Vermont; David Raymond, Second Vice President, Discover Re
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301: Use Your Captive for Fun, Profit…and Estate Planning
Today, many wealthy families and managers of family offices are using captives to provide risk management by segregating exposures and insuring the risk in a captive set up for that purpose. This is a rapidly growing phenomen driven by the ever creative market for wealth management. Speakers: Charles Harris, Partner, KattenMuchinRosenman LLP; Philip Tortorich, Partner, KattenMuchinRosenman LLP
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201: Are Benefits in Your Captive's Future?
Employers wrestle with options for funding benefits cost effectively. Retiree medical and executive plans don't require funding, but companies may benefit by offsetting the liability they hold. Other benefits can also reduce savings. Learn from seasoned captive managers and a major fronting company about their experiences.
Moderator: Karin Landry, Managing Partner, Spring Consulting Group, LLC
Speakers: Peter Bandarenko, National Sales Director-Advanced Markets, Prudential; Robert Schmid, Energy Insurance Mutual Ltd.; David G. Schwartz, President, YKK Insurance Company of America.
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3:45-5:00 pm
301: Tax Update
Hear leading captive tax practioners in the industry share their insights on current and potential issues affecting your captive's tax status in this important presentation.
Speakers: Richard Irvine, PricewaterhouseCoopers; Tom Jones, Partner, McDermott Will & Emery LL; Bruce Wright, Dewey and LeBoeuf, LLP
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Questions?
Call CICA at 952-928-4655 or email CICA.

         

    

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