Ian Oakley
The ACI designation has been a fascinating and relevant journey into the complex world of captive management and provided insight into the value and establishment of the ever increasing use of this risk transfer mechanism. As a reinsurer of many captives the increased knowledge and understanding of clients use and goals is extremely useful as an aid to design and tailor reinsurance products to further benefit the client. The designation gives an overall knowledge of the reasons for establishing captives through to deriving ultimate benefit through sensible and conservative financial management and keen awareness of risk and ways to manage risk, focusing on exceptional results. It also provides a clear guide to accounting, business ethics, alternative risk financing methods – including reinsurance – and how to balance risk appetite through the commercial cycle. The ever increasing options being provided allow for either specialization on a particular area of captive management or to gain an overall macro view of the potential fiscal advantage to be gained.
Completed designation: May 12, 2010