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

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

While regulation may never be easy, this course provides students with straight talk, engaging exercises, and easy to digest resources on the multifaceted subject of captive regulation. This course provides technical and practical insights to enable the student to develop a basic understanding of the regulation process as it relates to captive insurance companies. The material is presented through the examination of the lifecycle of a captive. This investigation looks at issues relevant at every stage of the captive – from cradle to grave. The course provides students opportunities to discuss communication, procedures, challenges, and solutions for regulating captive companies. Students are given the opportunity to gain insight into captive regulation through hands-on activities, collaboration with peers, and a high level of access to the instructors though interactive synchronous class sessions and instructor led pre-recorded lectures.

After completing the course student will be able to:

  • identify the documents required to license a captive and ensure they are complete.
  • demonstrate how the documents are used in the review process.
  • explain the importance of clear communication in the licensing process, identify ambiguities, and describe corrections.
  • identify problematic submissions and resolve them.
  • describe common problems associated with licensing.
  • apply principles from the course to analyze, evaluate, and create proper business plan change requests.
  • differentiate between properly designed business plan changes and poorly designed plans.
  • successfully evaluate a business plan change, analyze the plan, and recommend revisions in order to make an accurate business plan change request.
  • differentiate between voluntary and involuntary dissolution.
  • describe various ways a captive insurance company can become financially troubled.
  • apply the principles from the course to a troubled company, analyze options, and make recommendations for further actions.

This course will be offered again in Fall 2024

Registration Deadline: Wednesday, October 18, 2023

Webconference one:  Wednesday, October 25th – 12:00 – 1:15 pm ET
Webconference two:  Wednesday, November 1st – 12:00 – 1:15 pm ET
Webconference three:  Wednesday, November 8th 12:00 – 1:15 pm ET
Office Hour: Wednesday, November 15th 12:00 – 1:00 pm ET

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.