12 October 2015Actuarial & underwriting

CCIA to hold 2015 Symposium on captive insurance

The Connecticut Captive Insurance Association (CCIA) is holding its annual symposium on captive insurance in the US state this week.

The event is being held on Thursday 15 October at the Sheraton Stamford Hotel in Stamford, Connecticut.

This year’s theme will be Understanding the Possibilities: Captive Solutions for Optimising Capital. The one-day event will feature presentations on a number of current state and federal issues and examples of solutions to captive operational problems.

Presenters will include insurance regulators and experienced experts in the captive insurance industry.

CCIA said: “Captive insurance has become an increasingly important tool used by companies to manage their business risk and promote strategic initiatives.  Captives are, essentially, a form of self-insurance, but with all the advantages of true insurance.  These advantages include the opportunity to earn an underwriting profit, improved risk management and loss control, coverage for unusual or hard to place risks, direct access to reinsurance, and potential tax savings.

“This is the premier educational and networking event for Connecticut's fast growing captive insurance initiative.”