The Spring 2025 offering of this course is *full*. We are no longer accepting registrations. The course will be offered again in Fall 2025.
9 CPE credits are available for the successful completion of this course.
Course cost for non-designation students – $1050
What are the steps in forming a captive? What types of information is required in a feasibility study? What is the legal environment facing captives? What roles and responsibilities do directors and service providers have in the operation of a captive? How is the financial strength of a captive measured? These are all critical considerations in the formation and operation of a captive that are examined in this course.
Participants in this course will explore the captive formation process, important considerations in operating a captive, the legal environment facing captive insurance companies, and how financial records are used to assess the captive’s financial strengths. Specific topics covered in this course include what determines domicile choice; requirements of a feasibility study; regulations that impact the management of captives; solvency and liquidity ratios; required organizational documents and filing procedures; taxation of captives; ongoing responsibilities of directors; required underwriting documentation, records and captive policies; reports and filing requirements; board reporting requirements; and the pros and cons of using a cell company.
Key course takeaways:
- Describe steps in captive formation
- Explore components of a feasibility study and how they are used
- Examine tax implications in forming a captive
- Explain accounting methods used to determine financial strength of captive
- Discuss considerations in using a cell company
Online Course with weekly instructor-led webconferences
In addition to self-paced reading and weekly assignments, students will be required to attend six webconference sessions and complete a final exam.
Webconference one: , from 12:00-1:15 pm ET
Webconference two: , from 12:00-1:15 pm ET
Webconference three: , from 12:00-1:15 pm ET
Webconference four: , from 12:00-1:15 pm ET
Webconference five: , from 12:00-1:15 pm ET
Webconference six: , from 12:00-1:15 pm ET
Instructors for this offering are
The course will be offered again in Fall 2025
For further details please contact ICCIE at 802-651-9050 or email@example.com
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.