2024 Annual Collaborative

Theme: Connecticut Captives Rising
Date: Thursday, September 12, 2024
Time: 1:00pm – 7:00pm
Location: UCONN School of Law, Hartford CT | Starr Reading Room

CTCIA hosted Connecticut’s premier captive insurance event, the 2024 CTCIA Collaborative: Connecticut Captives Rising, on September 12th at UConn School of Law in Hartford, CT. Leaders in the captive insurance industry discussed timely trends in the captive industry.

Key topics included:

• Parametric solutions for climate related risk management
• Financial asset & investment management via a captive policy
• Connecticut captive insurance legislation reforms
• Connecticut’s economic development outlook

Agenda:

1:00-1:15 PM | Introductory & Welcoming Remarks

Featuring:

• PJ Cimini, CTCIA President
• Jared Kosky, Deputy Commissioner, Connecticut Insurance Department
• Fenhua Liu, Assistant Deputy Commissioner of Captive Insurance, Connecticut Insurance Department

1:15-2:00 PM | Keynote Address

• Jim Penders, Head Coach of the UConn Men’s Baseball Team

2:00-2:30 PM | Panel I: Climate Change & Parametric Solutions

Climate change is at the forefront of many conversations in the business world – especially those surrounding insurance and risk management. While commercial insurance policies for climate-related risk can be expensive and limited in scope, captive insurance policies designed with parametric solutions often encompass more for a lower cost. This discussion will explore the versatility and advantages of parametric solutions for insuring climate-related risks.

Featuring:

• (Moderator) Joseph MacDougald, Professor-in-Residence, UConn School of Law and Executive Director, Center for Energy and Environmental Law
• Alex Korb, Head of Parametric Insurance Practice, ICEYE
• Nick Bradley, Vice President of Parametric Solutions, Marsh

2:30-3:00 PM | Panel II: Investment & Financial Management

The “Investment and Financial Management” discussion will provide an overview of captive investments, the working relationship between captive and investment managers, and the unique financial benefits that can result.

Featuring:

• Jack Meskunas, Executive Director-Investments, Oppenheimer
• John Traynor, President, Cambridge Trust Wealth Management of Connecticut
• Ron Roth, President & CEO, National Network of Accountants

3:00-3:30 PM | Coffee Networking Break

Sponsored by CT IFS

3:30-4:00 | Panel III: Connecticut Captive Insurance Legislation Reforms

Connecticut’s business-friendly insurance environment, bolstered by a strong in-state workforce, continues to establish itself as one of the top captive locations in the world. During this year’s legislative discussion, attendees will hear from key legislators about Connecticut’s recent captive insurance reforms and how they reaffirm Connecticut’s competitive edge as a top choice domicile.

Featuring:

• (Moderator) PJ Cimini, President, CTCIA
• Tom Delnicki, Connecticut State Representative
• Tammy Nuccio, Connecticut State Representative
• Kerry Wood, Connecticut State Representative

4:00-4:30 PM | Panel IV: CT Economic Development Outlook 

From tax benefits to a business-friendly regulatory environment, there are lots of reasons why more than 75 captive insurance companies are domiciled in Connecticut. In the “CT Economic Development Outlook” discussion, attendees will hear firsthand from local captive professionals as they outline Connecticut’s economic development plans and how they will benefit captive entities!

Featuring:

• (Moderator) John Ferrara, Managing Director, Advisory, Crowe
• Susan Winkler, Vice President and Executive Director, Connecticut Insurance and Financial Services (CT IFS)
• Fenhua Liu, Assistant Deputy Commissioner of Captive Insurance, Connecticut Insurance Department
• Wyatt Bosworth, Associate Council, CBIA

4:30-5:00 PM | Closing Remarks

The self-proclaimed “Aaron Lewis of Insurance,” Chris is an experienced insurance professional and captivating speaker. Don’t miss the opportunity to hear from him firsthand at the Collaborative!

Featuring:

• Chris Paradiso, Independent Insurance Agent & Insurance Marketing Expert, Paradiso Financial and Insurance Services

5:00-7:00 PM | Networking Cocktail Reception

Sponsored by Capitol Strategies Group LLC