The Captive Insurance Council of the District of Columbia Inc. (CIC-DC) said industry professionals will speak on the ins and outs and dos and don'ts of the captive marketplace at a regional education session Nov. 30 in Chicago.
CIC-DC said the session features presentations by captive insurance experts on the advantages of a captive in the current insurance market, how to form a captive, a case study of a successful captive operation, and the pros and cons of various captive insurance types including single parent-owned captives and group captives.
The meeting, the eighth of its kind, will focus on "what the cutting-edge new captive insurance law in the District of Columbia means to firms and groups in the Midwest area seeking alternative solutions to their risk exposures," said George Pantos, CIC-DC president.
The association said the session is an opportunity for company risk managers and association managers in Illinois and nearby states to learn how to use captives to manage major financial risk.
Some of the most vital lines of insurance--from professional liability to workers' compensation--are moving into captives in the exploding alternative risk transfer market, CIC-DC said.
The organization said the session also offers an educational opportunity for professional service firms such as accountants, attorneys and financial management companies.
Captive Insurance Council of the District of Columbia Inc. represents corporations and associations interested in operating captive insurance companies in the District of Columbia.
Information and registration for the Chicago meeting is available at www.dccaptives.org
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