Alternative Risk Transfer Track
presented by

A1: PRE-CONFERENCE SESSION: Introduction to Captive Insurance
This beginner-level session will provide an overview of common captive insurance structures, including risk retention groups, and discuss the advantages and disadvantages that employers should be aware of when considering captive insurance.

Monday, October 1, 2012, 3:30-5:00 pm


Christopher L. Kramer
Director of Marketing – Captives
ULLICO Casualty Group Inc.

A2: Employee Benefit Captives – The Basics
This session will serve to provide a beginner-level presentation explaining how employee benefit captives are structured, both for single employer and group captive arrangements and what companies should consider when evaluating these alternative risk transfer (ART) program solutions.

Tuesday, October 2, 2012, 10:15-11:30 am


Greg Arms
Co-Leader Mercer Marsh Benefits
Global Leader, Employee Health & Benefits Package
Marsh Inc.

Andrew Cavenagh
Managing Director
Pareto Captive Services, LLC

A3: IRS Tax Treatment of Employee Benefit Captives – Are Big Changes Coming?
A longstanding tax interpretation, as echoed in Revenue Ruling 92-93, treats captive insurance of employer accident & health risk as unrelated party risk. The IRS has signaled that it may reverse that interpretation via a new revenue ruling that would distinguish between captive insurance of A&H risk from an employee health benefits plan (which counts as unrelated party risk) vs. A&H risk from an employer’s budget (which would be construed as related-party risk). Drawing this distinction would make it harder for captives to demonstrate sufficient risk distribution to qualify for tax characterization as insurance companies. A panel of industry experts discusses these important developments and the potential implications for companies that want to utilize captive insurance to fund employee benefits risks.

Tuesday, October 2, 2012, 10:15-11:30 am


Randall Beckie, CPA
Managing Director
Frontrunner Captive Management

Thomas M. Jones, P.C.
McDermott Will & Emery LLP

Charles J. Lavelle
Bingham Greenebaum Doll LLP

A4: Captive Manager Panel Discussion – Employee Benefit Captives
A panel of leading captive managers will address a series of hot topics related to employee benefit captives, both for single parent and group programs. This moderated session will also encourage audience interaction in order to facilitate a free exchange of questions and comments.

Tuesday, October 2, 2012, 1:45-3:00 pm


Brady Young
President & CEO
Strategic Risk Solutions, Inc.

Kathleen Waslov
Senior Vice President
Willis North America, Inc.

Kirk Mooneyham
Managing Director, Captive Management Services
Wilmington Trust SP Services, Inc.

A5: State Regulation Panel Discussion – Employee Benefit Captives
A panel of captive regulators from three different domiciles will share their unique perspectives on how they view employee benefit captives from a licensing and examination standpoint. This promises to be an extremely useful session for those involved in the development of employee benefit captive business plans to ensure that such planning fully recognizes potential regulator concerns.

Tuesday, October 2, 2012, 3:15-4:30 pm


Michael Corbett
Director of Captive Insurance
Tennessee Department of Commerce & Insurance

Steve Kinion
Director, Bureau of Captive & Financial Insurance Products
Delaware Insurance Department

Steve Matthews
Chief Financial Examiner
Montana Commissioner of Securities & Insurance

A6: Anatomy of a Group Captive Designed to Control Health Care Costs – Case Study Presentation
This case study-style presentation will profile an actual group captive that has been established to help multiple individual employers better manage their group health plan costs without compromising covered benefits. All key operational and financial risk transfer details will be discussed.

Wednesday, October 3, 2012, 10:15-11:30 am


Sean Willoughby-Ray
Vice President - Practice Lead
Scott Insurance

Burt Wilson
Sr. Vice President, Captives
AIG Benefit Solutions

A7: Building Single Parent Employee Benefit Captives – Case Study Presentation
Our speaker for this session has successfully set up employee benefit captives for multiple Fortune 500 employers such as Google and Microsoft. He will share a collection of real world case studies to help attendees better understand how these ART programs are “built” and what needs to be done to ensure appropriate regulatory approval at both the federal and state level.

Wednesday, October 3, 2012, 1:45-3:00 pm


George O’Donnell
Technical Director
AON Global Risk Consulting

A8: Reinsuring Your Employee Benefit Captive
Leading experts provides practical advice on accessing the reinsurance market and securing favorable terms and pricing for employee benefit captives.

Wednesday, October 3, 2012, 3:15-4:30 pm


Chris Carlson, FSA, MAAA
Oliver Wyman Actuarial Consulting, Inc.

David A. Rains, FSA, MAAA
Managing Director
Guy Carpenter