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

Course cost for non-designation students – $750

Captives are designed to take risk, with premiums calculated to fund expected losses over time. There are a number of methods of developing expected loss projections, and there are different rating methodologies, each designed to allow an insurer to be adequately funded. The lines of insurance underwritten, the terms of the policies, the rating methodology, and the availability of capital and surplus determine how much risk can be insured. Consideration of efficient use of capital influences the actual amount of risk that a captive should retain. Participants will learn how much risk should be retained in a captive.

The flexibility of captive insurance allows an insured to finance risk off or on balance sheet depending on which approach delivers the most financial benefit. Participants will learn how a captive can be used to allow an insured to finance retained risk off balance sheet.

In this course, topics covered include:

  • Models for predicting risk
  • How to use loss triangles
  • Rate making
  • Pro forma financial projections

Online course

In addition to self-paced reading and assignment work, students will be required to attend three webconference sessions. There are no prerequisite requirements for this course.  Prior to the first webconference participants need to access Canvas to review webconference directions and course material.

Registration Deadline: Tuesday, November 21, 2023 or until full

Webconference one, Tuesday, November 28, 2023, from 12:00 – 1:15 p.m. ET
Webconference two, Tuesday, December 5, 2023 from 12:00 – 1:15 p.m. ET
Webconference three, Tuesday, December 12, 2023 from 12:00 – 1:15 p.m. ET

Instructors for the November/December Offering are Kim Guerriero and Kyle Mrotek

This course will be offered again in Spring 2024

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


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:

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