Annual Collaborative – CTCIA https://ctcaptives.org Connecticut Captive Insurance Association Tue, 17 Sep 2024 16:37:37 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 203654270 2024 Annual Collaborative Recap https://ctcaptives.org/2024-annual-collaborative-recap/?utm_source=rss&utm_medium=rss&utm_campaign=2024-annual-collaborative-recap Tue, 17 Sep 2024 16:37:00 +0000 https://ctcaptives.org/?p=2911

September 12, 2024

CTCIA hosted Connecticut’s premier captive insurance industry event, our 2024 Annual Collaborative, on Thursday, September 12th at UCONN School of Law in Hartford, Connecticut.

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
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2024 Annual Collaborative https://ctcaptives.org/2024-annual-collaborative/?utm_source=rss&utm_medium=rss&utm_campaign=2024-annual-collaborative Thu, 12 Sep 2024 01:00:20 +0000 https://ctcaptives.org/?p=2662

September 12, 2024

CTCIA hosted Connecticut’s premier captive insurance industry event, our 2024 Annual Collaborative, on Thursday, September 12th at UCONN School of Law in Hartford, Connecticut.

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

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2023 Annual Collaborative https://ctcaptives.org/2023-annual-collaborative/?utm_source=rss&utm_medium=rss&utm_campaign=2023-annual-collaborative Thu, 21 Sep 2023 15:30:13 +0000 https://ctcaptives.org/?p=2476

September 21, 2023

CTCIA hosted Connecticut’s premier captive insurance industry event, our Annual Collaborative, on September 21st at UCONN School of Law in Hartford, Connecticut.

Theme: 2023 Collaborative: Captivating the Future
Date: Thursday, September 21, 2023
Time: 1:00pm – 7:00pm
Location: UCONN School of Law, Hartford CT | Starr Reading Room

CTCIA hosted our Annual Collaborative, Connecticut’s premier captive insurance industry event, on September 21st. Guests joined us in the Starr Reading Room at the UCONN School of Law for insight to the trends driving the future of captive insurance, including climate change risk management, ESG (environmental, social and governance) principles, automated intelligence (AI), insurtechs and runoff/legacy solutions. Throughout the day, there were opportunities to network with fellow attendees, and we celebrated Connecticut’s recognition as “Captive Domicile of the Year” in the less than $5 billion in gross written premiums category!

Agenda:

12:30 – 1:00 PM | Registration 

1:00 – 1:30 PM | Featured Remarks

Jared Kosky Fenhua Liu

Jared Kosky, Deputy Commissioner, Connecticut Insurance Department

Fenhua Liu, Assistant Deputy Commissioner of Captive Insurance, Connecticut Insurance Department

Susan Winkler, Vice President & Executive Director, Connecticut Insurance and Financial Services (CT IFS)

1:30 – 2:30 PM | Panel I: An Analysis of AI & Insurtech Applications in Captive Insurance

Automated Intelligence (AI) I is the wave of the future as it equips insurance professionals with powerful predictive intelligence coupled with more efficient use of one’s time and resources. Similar to AI, insurtechs are innovations that improve insurance processes – specifically those related to distribution, processing and predictive analysis. Both AI and insurtechs have been integrated in the insurance business by new players as well as established industry leaders. This session will summarize the roles that AI and insurtech currently play in captive insurance, and explore predictions about their roles in the future.

Featuring:

Elizabeth Foughty Matthew Schmidt

Moderator: Frank Sentner, Principal, Sentwood Consulting

Roberto Sicconi, Co-founder & CTO, dreyev

Elizabeth Foughty, Strategy Consultant & Fractional CSO, reThought Flood

Matthew Schmidt, Senior Associate – Insurance, Ecopia AI

2:30 – 3:00 PM | Coffee Networking Break 

3:00 – 4:00 PM | Panel II: Captive Insurance Solutions for Managing ESG & Climate Risk 

Environmental, social and governance (ESG) principals converged with climate change are having an impact on the captive insurance industry. Organizations are increasingly turning to captive insurance for risk management as they navigate sustainability and make a plan to address climate challenges. This session will unravel the intricate connections between ESG considerations, the pressing challenges of climate change and the strategic utilization of captive insurance to manage associated risks.

Featuring:

  Joe MacDougald Robert Bird John Traynor

Moderator: Leah Berry, Director, Deal Advisory & Strategy – Insurance & ESG Reporting, KPMG

Joseph MacDougald, Professor-in-Residence, UCONN School of Law & Executive Director, Center for Energy and Environmental Law

Jason Ballentine, Director, Climate Risk & Resilience, KPMG

Robert Bird, Professor of Business Law, UCONN School of Law & Chair of Business Ethics, Eversource Energy

John Traynor, President, Cambridge Trust Wealth Management of Connecticut

4:00 – 5:00 PM | Panel III: An Overview of Run-Off & Legacy Solutions & Their Implications

Yesterday’s underwriting is today’s run-off…using innovative risk management for all situations! Run-Off and Legacy Solutions can help reduce and eliminate potential captive liabilities. This session will discuss innovative solutions and the legal, financial and balance sheet implications that come with these types of transactions.

Featuring:

Brian Reardon

Moderator: John West, Senior Vice President, Guy Carpenter

Christopher Becker, Director of Corporate Legal, The RiverStone Group

John Bauer, Vice President and General Counsel/Leader, Corporate Legal and Audit Services, The RiverStone Group

Brian Reardon, Head of Claims, Maiden Holdings Ltd.

5:00 – 7:00 PM | Networking Cocktail Hour & Closing Keynote

Featuring:

Representative Joe Courtney

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2022 Annual Collaborative https://ctcaptives.org/2022-annual-collaborative/?utm_source=rss&utm_medium=rss&utm_campaign=2022-annual-collaborative Wed, 02 Nov 2022 23:16:54 +0000 https://ctcaptives.org/?p=2171

November 2, 2022

CTCIA hosted Connecticut’s premier captive insurance industry event, our Annual Collaborative, on November 2nd at the Dunkin’ Donuts Stadium in Hartford, Connecticut.

Theme: 2022 Collaborative: Building on the Past, Innovating for the Future
Date: Weds, November 2, 2022
Time: 1:00pm – 6:30pm
Location: Dunkin’ Donuts Stadium, Hartford CT

CTCIA hosted our Annual Collaborative, Connecticut’s premier captive insurance industry event, on November 2nd. The day featured panel discussions with industry leaders, who explored the benefits of captive insurance in times of economic uncertainty and the effects of Connecticut’s new captive legislation changes that came into law this summer. Colleagues also had the opportunity to network in-person and celebrate Connecticut’s recognition as the Top State Domicile in 2022 by Captive Review and Captive International.

Conference Agenda 

1:00-1:30 PM | Registration and Welcoming Remarks

1:30-2:15 PM | Opening Keynote

Kenneth Dautrich, Ph.D., Leading International Pollster & Market Consultant

2:15-3:00 PM | Panel I: Creative Captive Solutions

Pierrick Livet, KPMG

Hong Guo, Arbol

Peter Gerken, Steel City Re

William Murphy, Arch Insurance Group (Moderator)

3:00-3:20 | Networking Coffee Break

3:20-3:30 | Update on Connecticut InsurTech

Stacey Brown, InsurTech Hartford 

3:30-4:00 PM | Fireside Chat: Inflationary Impacts on Captive Insurance Companies

Dawne Ware, Arch Insurance Group Inc.

4:00-4:30 PM | Panel II: The Impact of New Legislation on Connecticut Captive Growth

Bruce Wright, Eversheds Sutherland (US) LLP

Fenhua Liu, Connecticut Insurance Department

Kerry Wood, Connecticut State Representative

P.J. Cimini, Capitol Strategies Group (Moderator)

4:30-5:15 PM | Closing Keynote

Mike Baker – Former CIA Operative & Host of TV Show “Black Files Declassified” on Discovery Science Network 5

5:15-6:30 PM | Networking Reception

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2021 Annual Collaborative https://ctcaptives.org/2021-annual-collaborative/?utm_source=rss&utm_medium=rss&utm_campaign=2021-annual-collaborative Thu, 04 Nov 2021 01:07:38 +0000 https://ctcaptives.org/?p=1733

November 4, 2021

CTCIA’s 10th Anniversary was celebrated on November 4th at Connecticut’s premier captive insurance industry event – CTCIA’s Annual Collaborative.

Theme: 2021 Collaborative: Captivating CT Business
Date: Thurs, November 4, 2021
Time: 1:00pm - 6:30pm
Location: Hartford Yard Goats Stadium, Hartford CT

CTCIA’s 10th Anniversary was celebrated on November 4th at Connecticut’s premier captive insurance industry event—CTCIA’s Annual Collaborative. Attendees heard from top industry experts in timely and engaging discussions that encouraged collaboration, education, and celebration amongst colleagues.

For a review of the panel discussion “CT Leading the Exploration of Captives & the Cannabis Industry”, listen to Richard Cutcher’s “GCP LIVE: CTCIA 2021” podcast episode featuring Cassie Bachman, Esq., of Captives Insure, Jack Meskunas of Oppenheimer & Co. Inc., and P.J. Cimini of Capitol Strategies Group, LLC.

The episode is available at globalcaptivepodcast.com/gcplive1 or on SoundCloud, iTunes, or Spotify.

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2019 Annual Collaborative: How Captive Owners Get the Most Value from their Service Providers https://ctcaptives.org/2019-annual-collaborative-how-captive-owners-get-the-most-value-from-their-service-providers/?utm_source=rss&utm_medium=rss&utm_campaign=2019-annual-collaborative-how-captive-owners-get-the-most-value-from-their-service-providers Tue, 21 May 2019 19:24:30 +0000 https://ctcaptives.org/?p=1945

May 21, 2019

Theme: How Captive Owners Get the Most Value from their Service Providers
Date: Tuesday May 21, 2019
Time: 12:30pm - 5:00pm, followed by Hartford Yard Goats AA Baseball Game starting 7pm (including dinner starting at 6pm)
Location: Dunkin Donuts' Park and Conference Center 1214 Main St, Hartford, CT 06103
Event Agenda: CCIA 2019 Collaborative Agenda
Exhibit & Sponsor: Exhibitor and Sponsorship Packages
Attendee List: CCIA 2019 Collaborative Attendee List

The Connecticut Captive Insurance Association hosted its eighth annual Collaborative on May 21, 2019. It was a unique event combining captive education and networking available in a fun-filled setting - a baseball game! The one-day event was held at Dunkin Donuts Stadium, home of the Hartford Yard Goats, in downtown Hartford, CT.

Exciting and innovative educational sessions are shown in our Program Agenda.

Presentations

Keynote Speaker - Walid Al Saqqaf, Insureblocks:
Blockchain is Dead, Long Live Blockchain!

General Session Panel - Bruce Wright, Partner, Eversheds Sutherland:
Procurement Tax Implications for Captives

Session 1:
Innovative Exit Strategies for Captives and RRGs

Session 2: Medical Stop Loss and the Role of Captives as a Risk Financing/Mitigation Tool
CT PRIME, A Captive Insurance Company created by and for Connecticut Towns and Schools
CCIA May 21 Presentation
MSL-Medical Stop Loss, The Role of Captives in Financing/Mitigating Risk

Session 3:
Great Ideas for Board Presentations

Session 4:
Thinking Differently: Unique Alternative Reinsurance Structures for Captives

Session 5:
Captive Investment Strategies

Session 7:
Captive Venue Selection: The Why and How of Captive Domicile Selection

Session 8:
Innovative Uses of Captives: Cyber and Beyond

Session 10:
Emerging Risks by Industry and the Role of the Captive

We are very grateful for the following sponsors of the 2019 Collaborative

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2018 Annual Collaborative https://ctcaptives.org/2018-annual-collaborative/?utm_source=rss&utm_medium=rss&utm_campaign=2018-annual-collaborative Tue, 16 Oct 2018 19:28:01 +0000 https://ctcaptives.org/?p=1949

October 16, 2018

Location: 225 Asylum Street 11th Floor, Hartford, CT 06103

CCIA Cap-a-thon Winners!

FIRST PLACE CT Captive Pitch:
Closing the gap in cyber risk by working more collaboratively with 3rd party vendors!

The Innovation:
A Connecticut Captive to facilitate a more strategic and transparent partnership between the captive owner and its key vendors to manage cyber risk via a Difference In Conditions policy underwritten by the captive.

First Place - Cyber Risk Innovation Team Members (from left): Sara Hakim, Rocco Mancini, Mersini Keller, John Ferrara, Frank Tedesco

SECOND PLACE CT Captive Pitch:
A reciprocal excess cyber liability captive for risks adhering to defined rules!

The innovation:
A Connecticut Captive to act as a reciprocal to provide excess cyber liability coverage for a layer $100 million x’s $10 million. To be part of the group, members must adhere to defined risk management and risk mitigation rules.

Second Place - Cyber Risk Innovation Team Members(from left): Chris Jackson, Janet Grace, Joseph Bastien, Anthony Klettner, Bob Butler, Patricia Henderson, Dawne Ware, George Levine, Janeanne Lubin-Szafranski, Fenhua Liu, Hugh Rosenbaum, James Panning

For further information on the Collaborative, please see ...
Agenda
Attendee List
What is a Cap-a-thon?
Connecticut's first Cap-a-thon

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2017 Annual Collaborative https://ctcaptives.org/2017-annual-collaborative/?utm_source=rss&utm_medium=rss&utm_campaign=2017-annual-collaborative Wed, 25 Oct 2017 10:26:46 +0000 https://ctcaptives.org/?p=2082

Creating the New Captive Revolution

Date: October 25th & 26th, 2017
Location: The Sheraton Hotel, 700 East Main Street, Stamford, CT 06901

In October 2017, business owners and captive insurance service providers joined together in Stamford for the 2017 Collaborative on Captive Insurance to engage and learn about this important and growing industry in Connecticut.

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