Keeping Your Captive On Track

Transcription

1 ,. Keeping Your Captive On Track 8th Annual Executive Educational Conference December 5-7, 2007 Charleston Place Hotel Charleston, SC 8th Annual SCCIA Conf Booklet.in1 1 9/25/2007 9:17:34 AM

2 GENERAL INFORMATION What fuels today s captive insurance industry? Captive professionals like you. In a year that has found the domicile moving forward with more momentum than ever, it s now critical to keep your industry education and your industry network up-to-speed. SCCIA s 8th Annual Conference is your ticket to fully developing your understanding of captive insurance trends, niches and regulations. It also offers more opportunities to meet the folks you need to know in order to thrive in the relationship-driven business world. Conference Highlights Pre-Conference Seminars SECURITIZATION IN SOUTH CAROLINA This pre-conference seminar will offer a special in-depth analysis of the South Carolina Financial Transaction program featuring its history, experience and recent improvements in application review, on-going monitoring and examination of licensees and future developments. The program will feature four informative general securitization sessions and will also focus on South Carolina s experience in this arena. This first-of-its-kind program follows the tradition of South Carolina leading the way in this rapidly growing area with its unique Special Purpose Financial Captive vehicle. *Separate Registration Required. CAPTIVES ACADEMY This seminar is the perfect introductory or refresher course on captive insurance basics. Designed specifically for those who are either new to the industry, have been away for a while, or have been in it so long that the basics are a distant memory; the Captives Academy will both set the stage for understanding the full conference program and stand alone as an educational tool. *Separate Registration Required. Concurrent Industry-Specific Roundtables Open to captive/rrg owners and board members only, these industry specific roundtables will offer a forum for open discussion about healthcare, transportation and building trade captives within South Carolina. New NAIC Regulation of RRGs This is a very important and informative session for ANYONE working with RRGs in ANY domicile. An industry expert will explain the new guidelines for RRG governance, expected to be officially implemented by the NAIC in the coming months, that will affect all RRG operational staff, captive managers, attorneys, and more! Other Info Conference dress is business casual Continuing Education Credits for South Carolina-based Insurance Professionals, CPAs, and Attorneys will be offered on contingency of program acceptance. If you require special accommodations or food preparations to fully participate, please notify SCCIA headquarters in writing of your needs. SCCIA reserves the right to adjust the conference program and schedule. For the most updated information please visit 8th Annual SCCIA Conf Booklet.in2 2 9/25/2007 9:19:17 AM

3 EXCEPTIONAL EXHIBITING AND SPONSORSHIP OPPORTUNITIES Exhibiting and sponsoring are great ways to gain exposure for your company and show your support for the industry. SCCIA s Annual Conference offers a limited number of spaces for companies to exhibit their products and services to conference attendees. If you re looking to increase company and product awareness, develop sales leads and new customers, and make immediate sales, then exhibiting at this event is a must! The Conference also offers a wide range of sponsorship and advertising packages designed to fit any budget, starting as low as $275. Becoming a sponsor is a cost-effective and targeted tool that can help your company accomplish its marketing and sales goals and position you as an industry leader to attendees. For information on exhibiting and/or sponsorship opportunities, please call Don t delay exhibiting and sponsorship opportunities will SELL OUT! WHO SHOULD ATTEND Owners/Board Members of Captive Insurance Companies & RRGs Entrepreneurs with Risks to Insure Risk Managers & CFOs Captive Managers & Attorneys Accountants, & Actuaries Chartered Property Casualty Underwriters Insurance / Reinsurance Executives Brokers Other Service Providers / Consultants Marketing & Insurance Sales Representatives Interns/Staff of Industry Service Providers THE HOST HOTEL The luxurious and historic Charleston Place Hotel will be the host for SCCIA s 8th Annual Executive Educational Conference. Reserve your room through SCCIA when you register for the conference. Rooms sell out every year, so register before November 7, 2007 in order to stay at the host hotel. SCCIA s room rate for the conference is $ ($205/night % tax). Visit for more information on the hotel and historic downtown Charleston. ABOUT SCCIA SCCIA provides unparalleled advocacy in the interest of its members and the South Carolina Captive Domicile. The organization: Fosters a variety of networking opportunities Delivers superior, professional educational programs Informs members via multiple communication sources Liaises with regulators/legislative advocates Engenders a friendly business climate with a global scope Downtown Charleston, SC 8th Annual SCCIA Conf Booklet.in3 3 9/25/2007 9:19:25 AM

4 Wednesday, December 5, :30 am 8:00 am Continental Breakfast 8:00 am 12:00 pm Special Pre-Conference Seminar: Securitization in South Carolina This pre-conference seminar will offer a special in-depth analysis of the South Carolina Financial Transaction program featuring its history, experience and recent improvements in application review, on-going monitoring and examination of licensees and future developments. The program will feature four informative general securitization sessions and will also focus on South Carolina s experience in this arena. This first-of-its-kind program follows the tradition of South Carolina leading the way in this rapidly growing area with its unique Special Purpose Financial Captive vehicle. * Separate Registration Required. Speakers: To be annouced 12:30 pm 4:15 pm Pre-Conference Seminar: Captives Academy This seminar is the perfect introductory or refresher course on captive insurance basics (including risk retention groups). Designed specifically for those who are either new to the industry, have been away for a while, or have been in it so long that the basics are a distant memory; the Captives Academy will both set the stage for understanding the full conference program and stand alone as an important educational tool. *Separate Registration Required. Speakers: Sean B Rider, HSBC Insurance Management Additional speakers to be announced. 4:30 pm 5:00 pm Annual Membership Meeting 5:00 pm 6:30 pm Welcome Reception in Exhibit Hall 6:30 pm 8:30 pm Annual Conference Party 8th Annual SCCIA Conf Booklet.in4 4 9/25/2007 9:19:35 AM

5 Thursday, December 6, :30am 8:15 am Networking Breakfast in Exhibit Hall 8:15am 8:30 am Welcome: SCCIA On Track! The SCCIA President recaps the association s exciting achievements this year. Speaker: Roy Hutchison, SCCIA President 8:30 am 8:45am All Aboard! The mayor of Charleston shares his enthusiasm for the state s booming captive industry. Speaker: Mayor Joe Riley (invited), City of Charleston, SC 8:45 am 9:45 am SPECIAL KEYNOTE PRESENTATION The Summer of Economic Discontent & Sub-Prime Derailment Dion will walk us through the carnage and rough rides that ensued in the third and fourth quarters of 2007, and will give his analysis of what 2008 holds, not only for the economy, but the political and global outlook. Speaker: Michael Dion, CFA Co-Head, Corporate Research UBS Financial Services, Inc. 9:45am 10:15 am Networking Break in Exhibit Hall 10:15 am 10:45 am Moving Full Steam Ahead A View from the Conductor s Seat South Carolina Insurance Director Scott Richardson comments on the positive momentum of the domicile and recaps the regulatory process improvements implemented in the department this year. Speaker: Insurance Director Scott Richardson South Carolina Department of Insurance 10:45 am 11:45 am When Nature Huffs & Puffs - Catastrophe Modeling for Property Captives: the Key to Assessing Viability A discussion of the possible ART solutions for coastal property insurance coverage, including an overview of the CAT market and modeling techniques. Speakers: William J. Bill Hodson, Axiom Re Additional speakers to be announced 11:45am 1:30 pm Lunch on Own or Noon 1:15 pm Discussion Junction Enjoy frank, open discussions in these concurrent industryspecific roundtables Open to Captive / RRG owners only. Lunch will be served. *Advance registration is required. Healthcare Roundtable Moderators: Dr. Mike Gerardi, Superior Insurance Company Carol Dixon, Physicians Captives Transportation Roundtable Moderator: Rick Hamilton, CSX Insurance Company Building Trade Roundtable Moderator: Bruce Harrell (invited), Asset Protection 2:00pm 2:45 pm Breakout Session A: Jumping Tracks: From Off-Shore to On-Shore A captive owner discusses the decision to move their captive from Turks & Caicos to South Carolina, what their experience has been so far, and the new potential uses for their captive that were not possible off-shore. Basic Speakers: Daniel Tandy, Mercedes Homes Charlie Woodman, Willis Breakout Session B: The Ticket to Understanding Special Purpose Financial Captives A panel of captive owners discusses their decision to form a South Carolina SPFC and the operational protocols surrounding securitization and reinsurance. Advanced Speaker: Keith Ryan, Lincoln Financial Additional panelists to be announced 2:45pm 3:30 pm Breakout Session C: Avoiding Tunnel Vision: New Niches for Your Captive Could your already established captive protect more risks than you think? This session will discuss what additional liabilities your captive program could cover. Basic Speaker: Arthur Koritzinsky, Marsh, Inc. Breakout Session D: Accounting, Auditing and Tax Update Keeping Speed with Your Auditors & Tax Advisors Curious to know what your auditors and tax advisors have been up to recently? With the introduction of three new auditing standards last year and nine new auditing standards this year, the auditing world has undergone a significant change in how audits are now being conducted. Learn what to expect for your 2007 audit from your auditors and what will be expected from management. Federal income taxes are a constant hot topic of discussion in the captive world. This course will also focus on specific tax issues related to captives and any new recent tax updates and trends. Advanced Speakers: Will Russell, Jarrard, Nowell & Russell Additional speakers to be announced 3:30pm 4:00pm Networking Break in Exhibit Hall 4:00pm 5:00 pm Breakout Session E: Bells & Whistles: Building the Best Investment Plan A risk retention group owner, with an independent member of the board of directors and the investment committee of a well established RRG, along with key members of his service team, shares the experience of building a solid financial investment plan, what has worked, what hasn t, and what approaches will be focused on to ensure future financial stability. Basic Speakers: Carleton Burtt, Central Pennsylvania Risk Retention Group Scott Spencer, Stevens & Lee Ronnie Dennis, Merrill Lynch Breakout Session F: The Inside Track: Reinsurance Commutation A panel of experts will explore the procedures and benefits of utilizing reinsurance commutation, including strategies for claims settlements. Advanced Speakers: Henry Neal Conolly, CP Associates Donald Wustrow, Chiltington International 5:00pm 7:00pm Networking Reception in Exhibit Hall 1:30pm 2:00 pm Dessert Reception in Exhibit Hall 8th Annual SCCIA Conf Booklet.in5 5 9/25/2007 9:19:43 AM

6 Friday, December 7, :00 am 8:30 am Networking Breakfast 8:30 am 9:15 am Discussion Junction Update A selective overview of what was discussed in the lunchtime roundtables from the previous day. Speakers: Dr. Mike Gerardi, Superior Insurance Group Carol Dixon, Physicians Captives Rick Hamilton, CSX Insurance Company Bruce Harrell (invited), Asset Protection 9:15 am 10:45 am What Lies Around the Bend for ART One of the ART world s most cutting-edge thinkers will share his insights on what lies ahead for the ART industry as it barrels down the tracks. Speaker: Ernie Csiszar, Former SC Director of Insurance 10:45 am 11:00 am Networking Break 11:00 am 11:30 am What Lies Around the Bend for RRGs With new Corporate Governance Standards for RRGs being introduced by the NAIC in the near future, everyone needs to know what to do to stay compliant. The new guidelines will affect all corners of the captive industry. This is a can t- miss session for captive managers, RRG board members, attorneys and more. Speaker: Skip Meyers, Morris, Manning & Martin 11:30 am Conference Concludes Conference Fees Regular (Received on or before December 4, 2007) Onsite (December 5-7, 2007) Pre-Conference Seminar Registration/ Securitization in South Carolina Regular Member $395 $495 Non-Member $495 $595 Pre-Conference Seminar Registration/ Captives Academy Regular On-Site Member $395 $495 Non-Member $495 $595 Full-Conference Registration Regular On-Site On-Site Member $695 $795 Add l Member $495 $595 Non-Member $995 $1195 Government $125 $125 Spouse/Guest $150 $150 8th Annual SCCIA Conf Booklet.in6 6 9/25/2007 9:19:52 AM

7 8th Annual Executive Educational Conference Attendee Registration Form To register, please type or print all information requested below. A separate form must be completed for each conference registrant. Name First Name for Name Badge Title Company Address City, State, Zip Telephone Fax Web site Hotel Accommodations All hotel reservations must be made through SCCIA. Hotel reservations will only be confirmed for paid conference registrants. If you are planning to stay at the Charleston Place Hotel, please complete the information below and return this form to SCCIA with arrangements to pay one night s lodging as deposit. The hotel address is: 201 Meeting Street; Charleston, SC Visit their website at Room Rate: $205/night % tax= $ Limited hotel space is available. The SCCIA conference rate ends November 7, Preference: King Double/Double Arrival Date: Time: Departure Date: Time: Guarantee My Conference Registration By: Total Amount Due: $ Enclosed is my check made payable to SCCIA in US Funds. Please charge: MC Visa AmEx Discover Card in the Name of Card No. Exp. Date VAL Code (MC, Visa, Discover last 3 digits on card back; AMEX 4 digits on card front) Billing Address (if different than above) Signature IMPORTANT: Please return completed registration form with payment information to SCCIA Conference Headquarters, PO Box 1237, Simpsonville, SC If you do not receive confirmation of your conference registration, please notify SCCIA at CANCELLATION POLICY: Written cancellations received on or before November 2, 2007 will receive a 50% refund. Sorry, but due to hotel staffing requirements, all cancellations received on or after November 3, 2007 are not eligible for a refund; however substitutions are permitted. Guarantee My Hotel Reservation By: Total Amount Due: $ (One night s loging plus tax as deposit) Enclosed is my check made payable to Charleston Place Hotel. Please charge: MC Visa AmEx Discover Card No. Exp. Date VAL Code (MC, Visa, Discover last 3 digits on card back; AMEX 4 digits on card front) Billing Address (if different than above) Signature IMPORTANT: You will receive a hotel confirmation directly from the Charleston Place Hotel. One night s lodging plus tax will be charged to your credit card upon receipt of reservation. Hotel cancellations must be directly through the hotel at To avoid charges, cancellations must be made 72 hours prior to check-in date. Four easy ways to register! Fax Call Mail: SCCIA PO Box 1237 Simpsonville, SC Securely online: December Charleston Place Hotel Charleston, SC Questions? Please call SCCIA at or visit 8th Annual SCCIA Conf Booklet.in7 7 9/25/2007 9:20:00 AM

8 PO Box 1237 Simpsonville, SC PRST STD U.S. POSTAGE PAID GREENVILLE, SC PERMIT NO th Annual SCCIA Conf Booklet.in8 8 9/25/2007 9:20:03 AM