10 June 2022USA analysis

Oklahoma to host captive conference

Oklahoma is to host the first Oklahoma captive & insurance business transfer conference.

The conference will be held on August 24-25 in Oklahoma City, Oklahoma.

According to the Oklahoma Insurance Department (OID) the conference will address new and emerging risks facing companies and organizations worldwide.

The OID said that the conference will demonstrate how captives can offer solutions that may not be available in the traditional insurance marketplace.  It added that attendees will learn how to resolve run-off and discontinued books of insurance business through an insurance business transfer.

“This two-day conference will provide in-depth educational content to risk managers, insurance owners, benefit managers and financial executives whose organisations have risks insured by a captive or who are exploring the formation of one,” the OID stated.