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January 20, 2022
An Educational Webinar: Integrating Captive Insurance and Technology with InsurTech
Over the past five years, many startup companies have entered the insurance marketplace in various technological and underwriting capacities to manage disruption through advanced analytics, data and technological processes. Most of these companies anticipate the possibility of experiencing risk on underwriting results early on in their development stage. This session explored the use of captives in these instances with a specific emphasis on fintech, insurtech and startup companies. Our esteemed speakers, Mr. Robert Gagliardi Head of Captive Management at AIG and Mr. Peter Rapciewicz Senior Vice President Alternative Risk Practice Leader at Lockton discussed this topic and shared their experience with the current marketplace. Mr. John Ferrara, Senior Manager at Ernst & Young, moderated the discussion. The session explored relevant lines of insurance, the captive formation process, risk sharing options and encouraged open discussion with attendees.
Webinar Recordings are available to CTCIA Members. Contact Kathryn Dube at kathryn@conncaptives.org with your request.
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December 7, 2021
An Informative Session About Group Captives Webinar
This half hour webinar was led by Matt Atkinson, the Senior Vice President of Business Development at Artex. Atkinson discussed the benefits of collective purchasing power available to captive members via their underwriting capability, including the ability to select service providers, determine coverage levels, manage losses, direct the use of surplus and, ideally, share in bottom line profits. -
November 4, 2021
Annual Collaborative
CTCIA's 10th Anniversary was celebrated on November 4th at Connecticut's premier captive insurance industry event - CTCIA's Annual Collaborative. Attendees heard from top industry experts in timely and engaging discussions that encouraged collaboration, education, and celebration amongst colleagues.
Click here to listen to Richard Cutcher's "GCP LIVE" podcast Connecticut Leading the Exploration of Captives & the Cannabis Industry.
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September 22, 2021
Constructing Your Captive Solution
This complimentary, educational webinar, led by Christopher Gallo, Managing Director of CIC Services and Chris Jackson, Partner at Marcum, featured a "Captive 101" which included an overview of captive insurance, the pros and cons of captive formation, and a firsthand discussion about forming and managing a captive. -
June 16, 2021
2021 Federal and State Tax Update
On Wednesday, June 16th CTCIA held a webinar update on recent federal and state tax law changes that may affect the governance of captive insurance companies. Each year as tax components are assessed, actuaries provide important contributions to the tax documentation for these companies. This session provided an overview of recent regulatory and court decisions that may impact captives, reviewed reasons for the establishment of captive insurers in Connecticut, and highlighted recent coverages being placed into captives over the past year. Additionally, for actuarial professional consideration, they covered pricing and reserves and actuarial concepts required to support captive tax services. -
February 10, 2021
2021 Virtual Legislative Preview
On Wednesday, February 10th CCIA held a Legislative Preview event with the leaders of the Connecticut General Assembly's Insurance and Real Estate Committee. Attendees heard firsthand about the Insurance Department's proposed captive legislation that was before the Legislature and will be instrumental in fostering the growth of captive business within Connecticut.Panelists
- Senator Matthew Lesser
- Representative Kerry Wood
- Representative Cara Pavalock-D'Amato
- Moderated by: P.J. Cimini, Capitol Strategies Group, LLC.
Webinar Recordings are available to CCIA Members. Contact Kathryn Dube at kathryn@conncaptives.org with your request.
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NOVEMBER 17, 2020
Webinar: Building Your Captive Solution - CT Manufacturing Industry
This webinar provided information about how manufacturing companies can take advantage of cost-effective risk management solutions through captive insurance entities. A Captive 101 segment was included along with a conversation with a Connecticut manufacturer about how his company currently utilizes a captive. Many manufacturers in Connecticut have already organized captive insurance companies that have proven to be financially efficient and valuable risk management resources. The Connecticut Captive Insurance Division is also very supportive of Connecticut manufacturers and is looking for opportunities to work with the industry on supporting captive insurance solutions.Featured Speakers:
Colin Cooper, CT Chief Manufacturing Officer
Michael Serricchio, Marsh Captive Solutions
Mark Turner, Amphenol
PJ Cimini, Capitol Strategies Group (Moderator) -
OCTOBER 22, 2020
Session One: Insurtech and Captives as an Accelerant of Change, 1:00-2:00pm
This session touched on the strength of the Hartford area insurance ecosystem in a manner that focused on the current innovation transformations happening in the field. We heard from an executive at a Top 10 insurance company and an insurtech CEO who discussed how their business relationships have progressed over time and the value that strategic partnerships have brought to the field. The President of the Connecticut Captive Insurance Association moderated and provoked some interesting discussion from the panelists as to how captives could potentially be used as an accelerator of the customer-centric benefits of insurance technology.Featured Speakers:
David Steckel, President, Setter Homes
Andy Kearns, Product Director, American Family Insurance
Stephen DiCenso, Principal, Milliman (Moderator)Session Two: Climate Change, Sea-Level Rise and Flood Insurance, 2:30-3:30pm
This webinar covered the effects of climate change and especially the impact of sea-level rise on Connecticut. There were also discussions on developments in flood insurance, including the growing private flood insurance market, the interest of insurers/reinsurers, and advancements in flood modeling.Featured Speakers:
James O'Donnell, CIRCA Executive Director, Professor
David Evans, FCAS, MAAA, Consulting Actuary, Milliman
Paul Hearn, Managing Member, Baralmar Advisors LLC (Moderator) -
SEPTEMBER 24, 2020
See Through the Smoke: Cannabis, Captives, and All Things In-Between
This session touched on why commercial carriers have been reluctant to write cannabis coverage and on the coverages that have been made available to the cannabis enterprise. There was also a conversation on the cannabis captives that have been formed to date, and which domiciles have seem more inclined to provide coverage. Also included was information and an update on the safe banking act as well as the likelihood of passage and potential ramifications to the captive industry.
Presentation Slides : Cannabis and Captives Presentation
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JULY 15, 2020
Webinar: Runoff Claims Liability: Financial Closure Mechanisms for Captives and RRGs
This webinar covered the claims liability related to the activities of a captive and how they can be closed in a variety of ways. A captive owner does not have to settle claims, continue to deny or pay them year after year. They are no longer faced with the singular options of having to close their captive or consider selling it. Losses and the management of runoff claims can be assumed to be extremely qualified carriers through a variety of transfer processes.
Presentation Slides : CCIA Webinar: Runoff Claims Liability -
June 18, 2020
Webinar: COVID-19 and Captive Insurance – Plateaus and pitfalls in a pandemic world
COVID-19 has impacting many lines of traditional insurance, but some captives planned ahead for pandemic risk. This webinar took a deeper look into the types of captives, coverage afforded and ways to navigate around the potential pitfalls with relevance to managing your captive operation with an eye toward potential applications of a captive in a post-COVID-19 world.
Presentation Slides : Webinar: COVID-19 and Captive Insurance
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December 10 2019
Captive Cafe: Options in a Hardening Property and General Liability Market
Time : 8:00am - 10:00am
Location : VIVO Seasonal Trattoria, 200 Columbus Blvd, Hartford CT
Hosted by : Connecticut Captive Insurance Association (CCIA)
Guest Speakers : Jay Sheehan, Senior Vice President, AON and Scott Sobel, Senior Consultant, AON -
Sep 18, 2019
A free networking event with experts from Connecticut's Captive Industry
Date: Wed, Sep 18, 2019
Time: 5:00-7:30 PM EDT
Location: Stamford Yacht Club 97 Ocean Drive, W Stamford, CT 06902
Hosted by: Connecticut Captive Insurance Association (CCIA) and the Business Council of Fairfield County
The Connecticut Captive Insurance Association (CCIA) and the Business Council of Fairfield County are partnering to raise awareness of Captive Insurance in Connecticut. Please join us on Wednesday, September 18th 5:00-7:30pm EDT at the Stamford Yacht Club for an evening of education and networking with experts from Connecticut's captive industry. Key industry experts will be on hand to discuss the two fastest-growing risks being placed into Captives - cyber and medical stop loss. -
June 6, 2019
InsurTech Networking - Data in Insurance
Location: Upward Hartford, 20 Church Street, Hartford, CT 06103
InsurTech Hartford -
May 21, 2019
Captive Collaborative
Theme: How Captive Owners Get the Most Value from their Service Providers
Date: Tuesday May 21, 2019
Time: 12:30pm - 5:00pm, followed by Hartford Yard Goats AA Baseball Game starting 7pm (including dinner starting at 6pm)
Location: Dunkin Donuts' Park and Conference Center 1214 Main St, Hartford, CT 06103
The Connecticut Captive Insurance Association hosted its eighth annual Collaborative on May 21, 2019. It was a unique event combining captive education and networking available in a fun-filled setting - a baseball game! The one-day event was held at Dunkin Donuts Stadium, home of the Hartford Yard Goats, in downtown Hartford, CT.
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Feb 28, 2019
Blockchain in CT: What does the Insurance Industry need?
Date: Thursday Feb 28, 2019
Location: 225 Asylum Street 11th Floor, Hartford, CT 06103
CCIA 2018 Captive Collaborative Event
October 16-17, 2018This event was a great success by all accounts!
CCIA Cap-a-thon Winners!
First Place - Cyber Risk Innovation Team Members (from left):
Sara Hakim, Rocco Mancini, Mersini Keller, John Ferrara, Frank Tedesco FIRST PLACE CT Captive Pitch:
Closing the gap in cyber risk by working more collaboratively with 3rd party vendors!The Innovation:
A Connecticut Captive to facilitate a more strategic and transparent partnership between the captive owner and its key vendors to manage cyber risk via a Difference In Conditions policy underwritten by the captive.
Second Place - Cyber Risk Innovation Team Members(from left): Chris Jackson, Janet Grace, Joseph Bastien, Anthony Klettner, Bob Butler, Patricia Henderson, Dawne Ware, George Levine, Janeanne Lubin-Szafranski, Fenhua Liu, Hugh Rosenbaum, James Panning SECOND PLACE CT Captive Pitch:
A reciprocal excess cyber liability captive for risks adhering to defined rules!The innovation:
A Connecticut Captive to act as a reciprocal to provide excess cyber liability coverage for a layer $100 million x’s $10 million. To be part of the group, members must adhere to defined risk management and risk mitigation rules.
For further information on the Collaborative, please see ...
Agenda Attendee List
What is a Cap-a-thon?
Connecticut's first Cap-a-thon
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September 19, 2018
Please join InsurTech Hartford at a Pitch Night on September 9 at Upward Hartford. More information about the Agenda and Tickets -
May 24, 2018
CCIA Board President Steve DiCenso and Executive Director John Thomson participated in a panel discussion with Anirban Roy of Pentation Analytics and Kwesi Quaye of Fairview Capital regarding InsurTech and Captives. The session was moderated by Martha Kalen, Hartford Innovation Places Program Manager. -
April 18, 2018
CCIA was well-represented at the recent Hartford InsurTech Hub Demo Day
InsurTech Hartford Hartford InsurTech Hub
CCIA 2017 Captive Collaborative Event
Creating the New Captive RevolutionDate: October 25th & 26th, 2017
Location: The Sheraton Hotel, 700 East Main Street, Stamford, CT 06901
In October 2017, business owners and captive insurance service providers joined together in Stamford for the 2017 Collaborative on Captive Insurance to engage and learn about this important and growing industry in Connecticut.
Photogallery:
The 2017 Collaborative PhotogalleryPresentations:
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The 2016 Symposium on Captive Insurance in Connecticut
Date: October 12th & 13th, 2016
Location: Sheraton Stamford Hotel, Stamford, CT
Following the tremendous success of the Symposium over the last few years, we have expanded this year's educational content and networking opportunities. In addition to offering sessions for those new to captives, we will offer an advanced track for seasoned veterans. Our networking opportunities include exhibit space, sponsorships, and significant time to meet Connecticut's captive regulators and others important to the development of a captive insurance program.
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The 2015 Symposium on Captive Insurance in Connecticut
Date : 10/15/15
Location: Sheraton Stamford Hotel, Stamford, CT
This is the premier educational and networking event for Connecticut’s captive insurance initiative! Over the last three years, this event has almost doubled in size and receives rave reviews from both newcomers and industry veterans. This year will feature even more education and networking opportunities! -
Connecticut booth at the 2015 VCIA Annual Conference
(Special Member Reception 8/12/15!)
Date : 8/11/15 through 8/13/15
Location: Burlington, VT
Once again, we will be hosting our Member’s reception with invited guests at the Ice House Restaurant on Wednesday afternoon! Connecticut’s new Insurance Commissioner, Katharine Wade, will be our special guest of honor! Come meet Commissioner Wade and find out why Connecticut is a leading captive domicile for capital and innovation.
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The 2014 Symposium on Captive Insurance in Connecticut
Date : 9/17/14
Location: Sheraton Stamford Hotel, Stamford, CT
This is the premier educational and networking event for Connecticut's fast growing captive insurance initiative. Following the tremendous success of last year's event, we have expanded this year's educational content and networking opportunities.Link to Photogallery:
Symposium 2014 Photogallery -
Connecticut booth at the 2014 VCIA Annual Conference
(Member Reception 8/13/14!)
Date : 8/12/14 through 8/14/14
Location: Burlington, VT
Once again we will be hosting our Members' reception with invited guests at the Ice House Restaurant on Wednesday afternoon! -
Connecticut booth at the 2014 CCIA Annual Conference
Date : 3/9/14 through 3/11/14
Location: Scottsdale, AZ
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The 2013 Symposium on Captive Insurance in Connecticut
Date : 10/02/2013
Location: Sheraton Hotel, Stamford, CT
This is the premier educational and networking event for Connecticut's fast growing captive insurance initiative. Following the tremendous success of last year's event, we have expanded this year's educational content and networking opportunities.
Link to Photogallery:
Symposium 2013 Photogallery -
Connecticut Booth at the CICA 2013 International Conference!
Date: 03-10-2013 through 3-12-2013
Location: Westin Mission Hills, Palm Springs, California
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November 2012
Captives Coffee Hour (Stamford)
Date: Friday, 11-02-2012, 7:30am-9am
Location: University of Connecticut, 1 University Place, Stamford, CT
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Captives Coffee Hour (Hartford)
Date: Friday, 10-19-2012, 7:30am-9am
Location: The Hartford Club, 46 Prospect Street, Hartford CT -
October 2012
THE 2012 SYMPOSIUM ON CAPTIVE INSURANCE IN CONNECTICUT
Date: Friday, 10-5-2012, 8:30-11:30
Location: Bushnell Performing Arts Center, Hartford, CT
A copy of the Power Point Presentations from the Symposium can be found at our Newsstand
Link to recording of the event:
http://ct-n.com/ondemand.asp?ID=8252Link to Photogallery:
Symposium 2012 Photogallery