ELECTIVE COURSE

5 CPE credits are available for the the successful completion of this course.

Cost for non-designation students and ACI graduates – $750

Good corporate governance is vital to the health of a company. This course examines corporate governance of captives from the perspective of the Board of Directors. Participants are introduced to the duties, responsibilities and rights of corporate directors, as well as the fundamentals of captive board structure, operations, and committees. Other topics include the role of an independent board member, board oversight activities, and liabilities and indemnification issues related to board members. 

Participants will collaborate with peers on a team project to analyze case studies presenting real-world dilemmas faced by directors. The course also covers important corporate governance regulations and standards affecting US and non-US captives and risk retention groups (RRGs).  

Key course takeaways: 

  • Explain roles, responsibilities, and rights of a corporate Director 
  • Discuss “best practices” for captive board structure, operations, and committees 
  • Examine key regulatory and advisory rules of corporate governance relating to RRGs and both US and non-US captives
  • Describe the ideal qualities of a Director, including independence 
  • Analyze case studies and, in collaboration with peers, determine directors’ best course of action in the given situation 

Online Course with weekly instructor-led webconferences

In addition to self-paced reading and weekly assignments, students will be required to attend three webconference sessions, collaborate with peers on a team project, and complete a final exam.

Registration Deadline:  November 27, 2024 or until full

Webconference one, Thursday, December 5, from 12:00 noon – 1:15 p.m. ET
Webconference two, Thursday, December 12, from 12:00 noon – 1:15 p.m. ET
Webconference three and Office Hour, Thursday, December 19, from 12:00 noon – 1:15 p.m. ET

This course will be offered again in Fall 2025

For further details please contact at ICCIE at 802-651-9050.

The International Center for Captive Insurance Education (ICCIE) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

In accordance with the standards of the National Registry of CPE Sponsors, CPE credits have been granted based on a 50-minute hour.