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09 December 2014
Minneapolis
Reporter Stephen Durham

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CICA to tackle cyber in new year

The Captive Insurance Companies Association (CICA) International Conference will explore issues such as cyber risk, reputational risk big data.

“In today’s technology-driven, highly connected environment, everything changes and moves faster than even just a few years ago. This constant change brings increased opportunities to look at new and innovative uses of captives to provide the strategic advantage businesses are looking for,” said CICA president Dennis Harwick.

Some of the highlights as selected by CICA include: New Business Strategy: Designing and Implementing a Cyber Risk Insurance Program; Innovative Uses of Captives to Insure Reputational Risks; CICA’s Best Practices and Strategies for Transfer Pricing; Developing the Operational Strategy of Managing Medical Stop Loss in Your Captive; and Big Data and Captives: Using Data and Dashboards to your Strategic Advantage.

Additional sessions will cover state and Federal income taxes, using reinsurance strategically, and managing employee benefit risk from a Canadian and US perspective.

CICA has stated that captive owners, potential captive owners, captive managers, risk managers, domicile regulators and service providers will all be in attendance at the conference.

The conference is take place on March 8-10 at the Loews Royal Pacific in Orlando, Florida.

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