ACM proudly sponsored the WRCIC, which was held May 21-23 in St. Louis, Missouri at the Chase Park Plaza Hotel. Shelly Caprio, Chief Underwriting Officer (left) and Deanna Gilpin, Chief Financial Officer (right), represented ACM at this conference and attended interesting seminars. Deanna Gilpin’s favorite seminar was titled “Leadership for the 21st Century,” presented by Jimmy Blackmon. This presentation was inspiring, and the speaker gave personal examples of how to balance leadership and management to drive success of an organization.
ACM is excited to attend Laura’s House 6th annual Hope Golf Tournament at the Aliso Viejo Country Club on June 18th. Laura’s House is a charity that strives to inspire hope and empower change to end domestic violence. Programs and services include: crisis hotline support, emergency shelter, counseling and resource center, legal services, children’s programs and much more. Through the comprehensive domestic violence programs and services at Laura’s House, victims of domestic violence receive the time and the tools necessary to live healthy, independent, and violence-free lives.
ACM’s EVP of Business Development, Cinda Carbone, proudly attended the Veterans Legal Institute Charity Event. Cinda Carbone was one of over 250 supporters who attended and donated to the Veterans Legal Institute and Lawyers for the Warriors. The charity raised enough funds to support one attorney who can serve up to 200 homeless veterans for a year.
Fred will be speaking on the topic “When is a Business Risk an Insurance Risk?”, a subject Fred is well versed in as his article with the same title was published by the ABA in May of 2016. Dana will be presenting on “Regulatory Interaction: A Small Captive Perspective in the Evolving State and Federal Climate”. Dana was recently named to Captive Review’s ERC Pioneers List. This year’s CICA International Conference offers a deeper understanding of the causes of disruptions and strategies for harnessing these changes to optimize your captive’s performance. The conference will be held in San Diego, CA from March 12-14 2017.
Please visit http://www.cicaworld.com/EventsEducation/EventsIntConf/ConferenceRegistration.aspx to register.
The awards ceremony showed off the diverse nature of the North American captive industry with particularly competitive fields in all captive management categories, the US Captive Domicile award and Employee Benefits Specialist. The 2015 US Captive Services Awards are judged by risk and insurance professionals from seven American captive owning corporations. ACM’s President, Park Eddy, attended the awards held in Burlington, Vermont.
The article is entitled “Selecting and Working with a Captive Manager”. Calling on his over 25 years of experience in the formation of captives and in the alternative risk management industry, Mr. Fred Turner shares his insights and views on the process of choosing a captive manager.
You can find the article at:
You can also view the full article here:
Dana Hentges Sheridan, General Counsel and Chief Compliance Officer of Active Captive Management (ACM), a pioneering company in the captive insurance field, has been named to the prestigious 2014 Power 50 list by Captive Review. More than 600 nomination submissions were received, with each submission containing votes for three individuals. Captive Review ranked Dana #29 and cited her as among the top experts working in the “growing smaller captive space.”
View PDF of Article at: http://www.activecaptive.com/pr/CR135_Power50-1.pdf
It looks like the industry can breathe a sigh of relief as it appears the NAIC’s F Committee will be revising the problematic definition in response to industry outcry that it was over-broadly worded.
ACM’s General Counsel and Chief Compliance Officer Dana Hentges Sheridan spoke to Captive Review and her commentary was made part of the article – You can find the article via the link below (at pages 24-25): http://e-captivereview.com/_act/link.php?mId=O911009941771337003487856321728&tId=31386546
ACM recently took a public position in opposition to a proposal by the NAIC’s F Committee to add the definition of “multi-state reinsurer” in the preamble to the NAIC Accreditation Standards. We believe this proposal has unintended and broad reaching consequences and are joining other regulators and industry leaders such as CICA in opposing it. You can find our position letter via this link and if you have any questions about ACM’s position or the issue generally, please do not hesitate to contact ACM’s General Counsel and Chief Compliance Officer, Dana Sheridan.
Current comment letters may be viewed on the NAIC site at: http://www.naic.org/committees_f.htm. The NAIC periodically updates and changes their website and this link may change.
Active Captive Management’s founder and visionary, Frederick E. Turner is featured in Captive Insurance Times August 2014 “VCIA Special” publication as part of a US Panel of experts discussing captive considerations.
The article is entitled “Nothing Ventured, Nothing Gained.” Calling on his over 25 years of experience in the formation of captives and in the alternative risk management industry, Mr. Fred Turner shares his insights and views on the use and growth of captives in the US.
You can find the article here: