AGENDA
Monday, April 15, 2024
8:30 am - Golf Tournament, Shotgun Start
Indian Springs Country Club
Located at 16006 East 131st St S, Broken Arrow, OK 74011
2:00 - 5:15 pm Association Meetings (members only)
2:00 - 2:45 pm Utah Captive Insurance Association - Business Meeting
2:50 - 3:35 pm Missouri Captive Insurance Association - Business Meeting
3:40 - 4:25 pm Oklahoma Captive Insurance Association - Business Meeting
4:30 - 5:15 pm Nevada Captive Insurance Association - Business Meeting
3:00 - 4:30 pm - Captive 101 Introduction
Jesse Olsen, HELIO Risk, Sonya Bergquist, Taylor Walker Consulting Actuaries, Allison Johnson, Larson & Co
Thinking about forming a Captive? Here's what you need to know. Join this panel discussion with various leading experts and learn how to evaluate, license, and operate a captive insurance company.
6:00 - 7:30 pm - Opening Reception
Join us for a lovely evening
Meet your friends, old and new, as we celebrate the opening of the Western Region Captive Insurance Conference!
Tuesday, April 16, 2024
7:15 - 8:15 am Breakfast with Exhibitors
8:15 - 8:30 am - Opening Remarks
8:30 - 9:30 am - Opening Keynote
Commissioner Glen Mulready, Oklahoma Insurance Department
9:40 - 10:30 am - Amplify Women
Renea Louie, Pro Group, Claire Richardson, Hylant Captive Management, Melissa Hollingswood, Atlanta Housing
Presentation will feature a panel of women who are deeply involved in the captive industry as risk managers, captive owners or industry veterans.
Session Presentation Materials
9:40 - 10:30 am - Economic Landings: Touch and Go, Soft or More Severe
Gregory Cobb, Sage Advisory, Nick Cimino, PNC Institutional Asset management, Mike Hyzdu, 3 Point Legacy Advisors
Presentation will address the implications of asset allocation, stress testing and buffering portfolios.
Session Presentation Materials
10:30 - 11:00 am - Networking Break
11:00 - 11:50 am - Case Study One
Michael Corbett, Pinnacle, Rosemary Wickham, Merlinos & Associates, Inc., Andrew Rhea, Align Risk Solutions, Robert Davidson, Davidson Risk Consulting
Case study on 12 year operational considerations, recent renewals or similar topics selected by the presenters for their property casualty captive insurance company including how the captive grew and added coverages.
Session Presentation Materials
11:00 - 11:50 am - Artificial Intelligence in Loss and Risk Analysis
Alan Cantor, Risk Analysis Services, John Talley, TAL Consulting
This session will cover the competitive advantage provided by AI assisted loss and risk analysis. Advantages include more accurate risk pricing and placement, better reinsurance negotiations and better collateral adjustment outcomes. Session will cover the uses of AI at various stages of analysis - data prep and ingestion, annual loss analysis, loss expectations and projected outcomes. Approved for ICCIE CE / webconference credit. To secure credit, sign the attendance sheet in the back of the session room
Session Presentation Materials
12:00 - 1:30 pm - General Session and Lunch
12:30 - 1:15 pm - Commissioner Fireside Chat
Commissioner Scott Kipper, Nevada, Commissioner Chlora Lindley-Myers, Missouri, and Commissioner Glen Mulready, Oklahoma
A favorite annual event exclusive to WRCIC is on tap, not to be missed. The fireside chat on stage promises to be a highlight of the week. This special session promises to provide an intimate setting for all attendees to hear the thoughts and perspectives of these top national leaders on topics including the future of captive insurance, innovation, NAIC trends, and the future of our industry in growth and transformation. Attending this session gives you a step above the crowd and a chance to stay updated on the latest developments.
1:30 - 2:20 pm - Captive Finance & Collateral Complexities
Leon Rives, RH Accounting, Nate Reznicek, Captives.Insure, Kristen Foltz, Pro Group, Doug Butler, Womble
Session will cover the impact of Vestoo and Chinese Construction Bank frauds on reinsurance and its implications on collateral security. Session will focus on the purpose and collateral needs of counter parties. Session will also do a deep dive into contractual security, accounting methodologies and types of collateral instruments in a fun and practical manner. Approved for ICCIE CE / webconference credit.
Session Presentation Materials
2:30 - 3:20 pm - Underwriting Best Practices for Captive Insurance Companies
John Davidson, Davidson Risk Consulting, Solomon Frazier, Taylor Walker Consulting Actuaries
Presentation will address an overview of underwriting from multiple perspectives. Will also present the relationship between underwriting and the captive structure as it relates to risk shifting and risk distribution. Approved for ICCIE CE / webconference credit. To secure credit, sign the attendance sheet in the back of the session room
Session Presentation Materials
3:20 - 3:45 pm - Networking Break
3:45 - 4:30 pm - Case Study Two
Dan Schmidt, Managing Director, Symphony Risk, Cathi Willett, RN Risk Manager OU Health Tulsa, Beth Huntington - Arkansas Baptist Children's System, moderator Heather McClure, General Counsel and Chief Risk Officer, Helio Risk
Presentation will address coverages that can be considered for healthcare entities to include in their captive. Will also describe programs and opportunities available to healthcare captives to mitigate losses and increase success. Presentation will identify tools and resources specifically tailored to healthcare captives to deploy where appropriate. Real life healthcare captive case studies will be used as examples of structure determinants and outcomes over time. Approved for ICCIE CE / webconference credit. To secure credit, sign the attendance sheet in the back of the session room
Session Presentation Materials
3:45 - 4:30 pm - Cannabis Captive Insurance
Doug Butler, Womble Bond Dickinson, Rich Golz. Symphony Grow, Kyle Sweet, HELIO Risk, Gregory Fears, Pinnacle Actuarial Resources
This session will present information on the challenges and nuances relative to formation, banking, regulation and broking of cannabis captives. Approved for ICCIE CE / webconference credit. To secure credit, sign the attendance sheet in the back of the session room
4:40 - 5:30 pm - New and Emerging Uses of Captive Insurance Companies
John Capasso, Captive Planning Associates, Greg Fears, Pinnacle Actuarial, Dennis Daggett, Enterprise Ag Strategies, LLC
The session will present examples of emerging risks which are being addressed through captive insurance. The panel will include a captive owner actively engaged in multiple new captive uses. We will also cover the challenges for actuaries and reinsurers for loss projection and pricing of unique exposures. Approved for ICCIE CE / webconference credit. To secure credit, sign the attendance sheet in the back of the session room
Session Presentation Materials
6:00 - 8:00 pm - Philbrook Art Museum Reception
Enjoy one of the most beautiful cultural institutions in the Country!
We will leave the Tulsa Club on provided bus transportation after the last session on Tuesday and make our
way to the world-renowned Philbrook Museum for a memorable networking reception.
Formerly the home of oilman Waite Phillips, Villa Philbrook was given to the city of Tulsa and restored to preserve the grandeur of the 1920s. Philbrook exhibits more than 8,500 works of art and has 23 acres of exquisite English gardens.
We're proud to welcome Osage Native American, Yancey Red Corn, for a special cultural visit. Just returning from the Academy Awards red carpet, Yancey can't wait to meet all of the WRCIC attendees.
Yancey is best known for his work on the Emmy-nominated film, Killers of the Flower Moon (2023), and is an Osage Native American. Starring with Leonardo DiCaprio, Robert De Niro and Lily Gladstone and dubbed a new Martin Scorsese masterpiece.
The story of the Oklahoma tribes begins with the people already here many centuries ago. These proud people flourished as an extension of the Mississippian mound builders east of the great Mississippi River. In the following generation early people settled along rivers: indigenous Caddoans (Caddo, Wichita, and Pawnee), Siouans (Quapaw and Osage), and Athapascans (Plains Apache).
We will all become part of Yancey's Osage community on Tuesday evening at the special event.
Yancey and his guests will also be available for photos with the attendees for you to take home and treasure at this cultural event you will always remember.
Please don't forget this event requires a special ticket. To register, if you have not already, Click here.
Wednesday, April 17, 2024
7:15 - 8:15 am Breakfast with Exhibitors
8:15 am - 8:30 am - Conference Opening Remarks
8:30 - 9:20 am - Keynote Session:
Mike Breeze, Founder and Owner of Made4Success
9:30 - 10:20 am - Captive Tax Update
Kevin Doherty, Dickinson Wright, Blake Kerr, HELIO Risk, Charles Lavelle, Dentons Bingham Greenbaum, Brittney Kocaj, Crowe
Update on tax issues impacting captive insurance companies. The session will review existing and new tax issues impacting captive operations. Session will include the special considerations involving non-profits. Approved for ICCIE CE / webconference credit. To secure credit, sign the attendance sheet in the back of the session room
Session Presentation Materials
9:30 - 10:20 am - Measuring Third Party Risk
John Capasso, Captive Planning Associates, Kirk Watkins, Promethean Risk Solutions
The presentation will address third party risk and discuss common risk distribution practices in the captive industry. The presentation will present three case studies explaining how profit sharing voluntary benefits initiatives can be seamlessly integrated into captive organizations for the benefit of all all stakeholders. Approved for ICCIE CE / webconference credit. To secure credit, sign the attendance sheet in the back of the session room
10:20 - 11:00 am - Networking Break
11:00 - 12:00 pm - Regulator Roundup
Nick Stosic, Nevada, Travis Wegkamp, Utah, Kari Leonard, Montana, Steve Kinion, Oklahoma, Mark Wiedeman, Tennessee, Jodi Harrison, Missouri, Victoria Fimea, Arizona
Attendees will receive first hand information on regulatory issues from the perspective of the individuals charged with regulation of captive operations. Approved for ICCIE CE / webconference credit. To secure credit, sign the attendance sheet in the back of the session room