Captives as an Alternate Risk Financing Technique

Virtual Workshop

 

 

COURSE DETAILS

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: $775 USD | Non-members: $1,175 USD (review registration details below)

Download the Workshop Outline

 

UPCOMING WORKSHOPS

June 26-27 | 10:00 am–5:00 pm ET
Registration Closes June 25 | Enroll Now

Instructor: Elise Farnham, President, Illumine Consulting

 

September 17-18 | 10:00 am–5:00 pm ET
Registration Closes September 16 | Enroll Now

Instructor: Chris Mandel, President & Managing Consultant, Excellence in Risk Management, LLC

 

December 17-18 | 10:00 am–5:00 pm ET
Registration Closes December 16 | Enroll Now

Instructor: Elise Farnham, President, Illumine Consulting

 

WHAT YOU WILL LEARN

Workshop participants walk away with the ability 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

June 26–27, 2024

RIMS Members: $775 USD
Non-Members: $1,175 USD
Purchase

September 17-18, 2024

RIMS Members: $775 USD
Non-Members: $1,175 USD
Purchase

December 17-18, 2024

RIMS Members: $775 USD
Non-Members: $1,175 USD
Purchase

For registration assistance, please contact us at PD@RIMS.org.

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 less prior to the start of the workshop can send a replacement from their company or receive credit to attend another workshop with the same duration and cost within a year of the cancelled registration. Please note if the member rate was paid for the original registration and you elect to send a replacement or transfer the credit to another employee of your organization who is not a member, an additional fee will be charged to offset the difference between the member and nonmember rate. No refunds will be issued for cancellations less than 15 days from the start of the workshop.