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Detailed Conference Agenda

Day One: Tuesday April 1st, 2008

7:45 AM

Registration and Continental Breakfast

8:45 AM

Opening Remarks by the Chairperson

Bill Morgan, Managing Director, Aon Insurance Managers (BC)

9:00 AM

Keynote Speaker

Competing in a soft environment: Captives and the state of the traditional marketplace

Hear all about the changes taking place within the commercial marketplace and what this means for the captive industry.

• Examining the implications of renewed competition from commercial insurance
• Understanding the changing policies of the traditional industry and its influence on captives
• Exploring the most recent strategies being employed by the traditional insurance industry
• Learning what the alternative market and captives can offer as this new context takes shape

Gain the strategic insights needed to understand the relevance of captives in this changing environment and what this means for you.

Nancy Gray, Executive Director for North America, Aon Insurance Managers (Vermont)

9:45 AM

Developing loss prevention strategies through captives

Properly managing loss exposure and developing effective loss prevention strategies are an extremely important component for captive success. This presentation will deliver new techniques needed to maximize your captive investment.

• Learn about the process involved in successfully initiating loss prevention programs
• Understand the benefits and intricacies involved in developing and funding loss prevention strategies
• Take away key knowledge from an expert on how to shield your investment from adverse risks
• Listen to concrete examples of loss prevention to help your company move forward

Attend this session and gain a full understanding of how loss prevention funding can mitigate risk and maximize your investment.

Randy Finley, Director of Risk Management, Christus Health (Houston)

10:45 AM

Sponsor Exhibit Area—Networking Break

Take a moment to visit our supporters and learn how their organizations are involved in the insurance, captive, and alternative risk transfer markets in Canada and the domiciles.

11:00 AM

Case Study: Nexen Inc.

Best practices in corporate governance: New regulatory developments and internal business structures

Given the new regulatory environment, corporate governance requirements are a pressing development facing risk management executive. In a case study format, learn the latest best practices in internal governance in addition to how effective risk management strategies can lead to greater transparency and help protect your investment!

• Examine the corporate governance model and its practical benefits for captives
• Learn how to shape your captive’s governance structure to meet regulatory demands
• Evaluate best practices to enhance business performance
• Understand how risk management and evaluation can increase transparency

Acquire the knowledge necessary to improve your company’s internal governance and enhance its performance.

Mark Roberton, Director of Risk Management, Nexen Inc. (Calgary)
Patrick Doig, Senior Vice President, Marsh Canada Ltd.

12:00 PM

Sponsor Exhibition: Networking Luncheon Break

Join the conference speakers and your peers for a relaxing luncheon. This is your opportunity to make new business contacts and discuss the ideas presented in the morning session.

1:30 PM

Panel Discussion

New IRS tax regulation and its implications for Canadian captive owners

The IRS has made significant changes to its requirements, and this will have a major impact on Canadian captives. How can you cope? Source key information on how to navigate these developments including…

• Covering investment opportunities in the context of an uncertain tax environment
• Examining the likelihood and effects of the proposed tax changes by the IRS
• Evaluating how altered tax treaties with foreign countries can affect your domicile choice
• Understanding the impact of IRS proposals on the Canadian regulative environment

Take away the tools to protect and shield your captive from American tax changes and keep your investment profitable.

Stephen B. White, VP, Captive Solutions, Marsh Canada Ltd.
Bill Whitehead, VP Captives Art Div, Lexington Insurance (Boston)
Charles J. Lavelle, Lawyer, Tax and Finance Practice Group, Greenebaum Doll & McDonald PLLC

2:15 PM

Case Study: Verizon Communications

Using captives in innovative ways to reduce costs, enhance insurance coverage, and develop a profit

How can captives be employed in unusual ways to underwrite third party risks? Take away information on using captives in a strategic manner. Learn key information on…

• The advantages of using captives for innovative purposes
• Opportunities for profitable third party business
• The risks and benefits that come with third party business
• Benchmarking captive operations—message to the board

Sheila Small, Director of Risk Management and Assistant to the Treasurer, Verizon Communications Inc. (New York)

3:00 PM

Domicile Showcase:

Choosing a domicile: Evaluating onshore and offshore benefits to maximize your profits and match your specific needs

This session will help you stay up to speed on developments in the largest and fastest growing jurisdictions in North America, Europe, and the Caribbean. Attend this presentation and determine the right fit for your captive.

• Onshore vs. offshore: licensing and administrative issues
• Understand how regulative changes can affect your domicile choice
• Review your options with experts to determine the best investment haven for your captive

Richard Ince, Consultant, Barbados Investment & Development Corporation (Barbados)
Douglas B. McLean, Executive Director, Insurance, Financial Institutions Commission, Ministry of Finance (BC)

3:45 PM

Sponsor Exhibit Area—Networking Break

4:15 PM

Reinsuring your captive: How to balance member needs and maintain financial security

What kind of arrangement is needed to enhance your investment’s performance? Learn about the most recent developments taking place in the reinsurance market.

• Understand how a reinsurance transaction can stimulate capital growth and enhance your company’s strategic goals
• Examine the importance of reinsurance capital in a soft market environment
• Take away information to help ensure your company’s access to favorable insurance terms

Mike Mulville, Senior Vice President, Towers Perrin
Pierre Laurin, P/C Practice Leader, Tillinghast Towers Perrin

5:00 PM

CONFERENCE ADJOURNS to Day Two

Day Two: Wednesday April 2nd, 2008

7:45 AM

Registration and Sponsor Exhibits open—Continental Breakfast

8:45 AM

Opening Remarks by the Chairperson

9:00 AM

What’s new with fronting arrangements and are they still needed?

This presentation will tackle the most important developments that have recently taken place in the area of fronting, and will provide answers to some pressing questions pertaining to the relevance and significance of creating and maintaining fronting relationships.

• Learn about the new developments surrounding fronting arrangements
• Evaluate the benefits and drawbacks that come with fronting
• Hear what kind of standards and expectations buyers should have when approaching fronting companies
• Understand how changing tax regulations may affect captive fronting

Leave this session with the facts required to decide whether fronting arrangements are still needed and what is right for you.

Arthur G. Koritzinsky, Managing Director in Risk Management, Marsh Inc. (New York)

10:00 AM

The strategic uses of captives: Transcending traditional boundaries

The employment of captives for unconventional purposes is now a viable risk transfer strategy. Take away key business knowledge on the benefits that arise to you from such a strategy.

• Examining the strategic utilization of captives for original risk financing
• Evaluating obstacles to innovative risk coverage: how to overcome them
• Understanding how innovative captive use can generate greater risk awareness
• Learning through case studies about the specific successes of this strategy

Hear from an expert on how to transcend traditional risk boundaries in order to maximize investment benefits.

Karen MacWilliam, Chief Operating Officer, BCR Captive Insurance Company (BC)

11:00 AM

Risk management in a new global economy

As the world’s economies continue to become more tightly integrated, new challenges are presenting themselves to risk managers and captive operators. Take away key information on original ideas for dealing with an evolving economic landscape.

• Learn about the new challenges facing captive owners in a changing security environment
• Examine how an increasingly globalizing economy may impact effective risk management
• Gain insight into how to adapt your company’s practices to the realities of a global infrastructure
• Equip yourself with the facts needed to maintain company profits in the face of global adversaries

Take away practical knowledge to manage your investment and reduce your cost of risk.

Paul Barlow, President, Transportation Property & Casualty Company Inc. (BC)
Michael Baddeley, Principal, Integro Insurance Brokers (BC)

12:00 PM

Sponsor Exhibition—Networking Luncheon

Take advantage of this opportunity to connect with someone you might have missed yesterday. Compare notes on the sessions so far and questions for the afternoon.

1:15 PM

BC Captives operating impediments: Overcoming provincial trade barriers and implications for captive growth

One of the most important topics within the Canadian captive insurance industry is the legislation that impedes their operations across provincial boundaries. Take away the most current information on:

• Current provincial legislation and how it regulates the operating capabilities of BC captives and effectively limits business access to Canada’s only captive domicile
• The possibility of inter-provincial trade barrier removal
• The effect of trade liberalization on captive mobilization and growth

Learn about the steps being taken to improve opportunities for Canadian businesses and captives, significantly.

David Barker, Director of Risk Management & Insurance, Credit Union Central of British Columbia (BC)

2:00 PM

Collateralization of captives in the new and uncertain credit environment

What are the implications of the credit crunch in the US for collateral availability in Canada? Learn about recent developments taking place in the capital markets, and how these developments may affect the financial health of your company.

• Examining what the current credit environment may mean for your captive’s banking relationship
• Understanding the impact of recent capital market developments on the credit terms extended by banks to captives
• Learning about the financial ripple effects of distant capital disturbances
• Developing strategies to maintain your company’s access to letters of credit

Take away the solid financial information required to set the current credit atmosphere against your company’s need for collateral.

Gary Tobin, Director, Reinsurance Placements & Markets, RBC Insurance

3:00 PM

Covering new types of risk: Incorporating product recall into the captive structure

As market conditions change, new and unusual risks are always emerging. This session will review specific loss exposure risks and reveal how effective risk management strategies can help shield your investment from potential damages.

• Examine the loss potential of product recall exposure and how to better guard against the threat
• Learn how extending your company’s risk protection plan can safeguard future profits
• Develop best practice procedures in innovative risk transfer techniques to maximize company revenue

Hear from an expert about the cost benefits of integrating product recall risks into your captive structure.

Ian Matheson, Chief Development Officer and Director, Aon Reed Stenhouse

4:00 PM

CONFERENCE ADJOURNS