Andrew Rennick and Jeffrey Simpson Speak at DCIA Mid-Year Forum and ABA Section of Taxation
The Delaware Captive Insurance Association held their mid-year forum May 12-13, 2014 at the Hotel du Pont in Wilmington, Delaware.
Andrew Rennick spoke on Policy Writing for Private Enterprise Risk Captives. He discussed how a critical part of the planning process in the formation of Private Enterprise Risk Captives (also known as 831b captives or micro-captives) is how to structure the actual policies of insurance.
Jeffrey Simpson headed a session regarding Pooling Arrangements for Private Enterprise Risk Captives. Mr. Simpson explained the pros and cons of various pooling arrangements for the Private Enterprise Risk Captives.
Series LLC and Captive Insurance
Mr. Simpson also recently gave a presentation at the ABA Section of Taxation at the Grand Hyatt Hotel in Washington D.C. on May 10, 2014 at which he discussed Insurance Aspects of the Proposed Series Regulations and how a Series LLC is used in a captive insurance arrangement.