Airmic Captive Forum to return in 2023

The Association of Insurance and Risk Managers in Industry and Commerce (Airmic) has announced that it will hold its second Captives Forum on Tuesday, 21 March at Lloyd’s of London, as alternative risk financing continues to become more mainstream.

According to the Association the harsh market of the past three years has revitalised the utilisation of captive insurance companies for existing captive owners and prompted new formations.

Airmic hosted its first Captives Forum in March 2022, with more than 100 delegates attending, including 25 members who were considering or in the process of establishing a captive.

“Our 2022 event was organised in response to a demand coming from members for more captive content, both at entry level for those with limited experience of captives and advanced roundtables for sophisticated captive users,” said Richard Cutcher, Airmic’s captive ambassador.

“A number of members who attended the Forum this year have gone on to complete their captive formations and I expect we will see further activity before we meet again in March 2023.”

Airmic’s Captive Boot Camp, designed for members considering the formation of a new captive, will also return next year, while a Sophisticated Risk Financers stream of panels and roundtables will be run concurrently to offer Airmic’s Captive SIG members and experienced users an environment to share best practices and challenges across a wide range of topics.

Items on the Sophisticated Risk Financers agenda will include Financial Consolidation, Structured Reinsurance and Corporate Risk Pooling, Insurtech and Third Party Risk, while the Captive Boot Camp will include presentations from captive managers, fronting and reinsurance Partners, tax experts, and banking and investments specialists.