RISKWORLD 2024 Pre-Conference Workshop

Captives as an Alternate Risk Financing Technique

Risk managers are working with more data now than ever before. Data, combined with the growing availability of alternative risk solutions, can—and oftentimes does—result in more robust risk finance strategies. And more robust risk finance strategies equals more resilient organizations.

But first, risk managers and the c-suite as a whole must understand how to use alternative risk financing techniques, the most common being captives. Captives offer benefits such as stabilization of costs, ability to earn investment income, access to coverage not available in the market and improved claims handling and risk control, among others. This workshop dives deep into the opportunities and risks associated with captive formation and use, and how alternative risk financing can support your organization’s goals.

Registration Fees
RIMS Members: $560 USD | Non-members: $660 USD

Click here to register for RISKWORLD 2024 and this workshop.

Download the Workshop Outline

 

UPCOMING WORKSHOP

May 4–5 | 9:00 AM – 4:00 PM PT
San Diego, CA

Instructor: Elise Farnham, President, Illumine Consulting

 

WHAT YOU WILL LEARN

    By attending this workshop participants will learn to:

    • Identify opportunities and risks associated with captive formation
    • Analyze various alternative risk financing solutions that support corporate goals
    • Develop a captive feasibility study with the assistance of internal and external resources
    • Analyze risk retention variables
    • Coordinate captive management with other enterprise initiatives to reduce the organization’s overall cost of risk

     

    WHO SHOULD ATTEND

    This program is for insurance distributors, underwriters, risk analysts, and individuals in entrepreneurial companies who want to learn how to deal with exposure to events that could affect their cash flow.

    RIMS education courses are designed primarily for risk and insurance professionals, but anyone within an organization who wants to learn more about a specific topic of interest is encouraged to attend.

    Level: Intermediate

    Formats: Live virtual, in-person, private corporate training, or chapter workshop. Contact PD@RIMS.org regarding corporate and chapter training.

     

    REGISTRATION FEES

    May 4–5

    RIMS Members: $560 USD
    Non-Members: $660 USD
    Purchase

    Click here to register for RISKWORLD 2024 and this workshop.

    Additional Notes

    We suggest that you register on-line for quick registration as soon as possible since registration is limited. If you are mailing us a check or doing a bank transfer, you need to fax us a copy of the registration form in order to hold your seat in the program. Registration is not guaranteed until we receive payment. If you wish to participate in a RIMS course, the registration fee needs to be received by RIMS before the first day of the course.

    If you register by mailing a check or doing a bank transfer, you will be accepted as long as the program is not sold out when we receive your payment.

    Cancellations and Refunds

    RIMS reserves the right to cancel a course if conditions warrant. In the event of such a cancellation, registration fees will be refunded.

    All requests for refunds or changes must be submitted in writing to RIMS at PD@RIMS.org. Registrants who cancel 15 business days or more prior to the start of the workshop can receive a credit to attend another workshop with the same duration and cost within three months.

    You may cancel your registration at any time by emailing PD@RIMS.org. Cancellations received more than 30 days prior to the start of the event will receive a 100% refund. Cancellations received 15 to 30 days prior to the start of the event will receive a 50% refund. No refunds will be provided for cancellations received less than 15 days prior to the event. No refunds will be issued after the event. All refunds will be refunded to your original method of payment. Registrations may not be shared but may be transferred at no cost up to 15 days prior to the start of the event with notification to PD@RIMS.org.