Thursday, February 29, 2024

Program Schedule

The conference program is designed to showcase insights from industry experts, including regulatory authorities, business owners, and service providers specializing in captive insurance. These professionals will delve into relevant topics, offering a comprehensive exploration of issues pertinent to the captive insurance community.

 Tuesday, June 25, 2024
 4:00 p.m. - 6:30 p.m. Registration Open
 5:00 p.m. - 6:30 p.m. Welcome Reception

 Wednesday, June 26, 2024
 8:00 a.m. - 9:00 a.m. Networking Breakfast

 9:00 a.m. - 9:15 a.m. Welcome Remarks and Association Update

SPEAKER:    


John Huth
MCIA Board Chairman

 9:15 a.m. to 10:15 a.m.     Casualty Group Captives: Navigating the Market

The growth and member retention of casualty group captives continues to be a dominant factor in the captive industry for Work Comp, Auto and General Liability. Navigating what captive to join has never been more complex.  This session will provide an overview of this alternative and a road map to evaluate a group captive.

SPEAKER:    


Duke Niedringhaus
Senior Vice President 
Marsh McLennan Agency


 10:15 a.m. to 10:45 a.m. Networking Break

 10:45 a.m. to 11:00 a.m. And Now a Word from Our Sponsors

Our conference sponsors provide valuable products and services for captive insurance companies doing business in Montana, so we are providing this opportunity for each of them to provide five-minute presentations to attendees to help facilitate potential partnership opportunities.


11:00 a.m. to 12:00 p.m. The IRS Campaign Against Micro-Captives:  Recent Developments 

The battle between the IRS and the captive insurance industry over certain captives taking the 831(b) election continues as fiercely as ever.  Although there have been a few taxpayer successes, the IRS has had some significant victories in Federal Court and Tax Court and is escalating the fight with potentially consequential proposed regulations.  This session will update you on the most recent developments and overall state of affairs.  

SPEAKERS:  


Jeff Simpson
Partner
Womble Bond Dickinson (US) LLP


Doug Butler
Partner
Womble Bond Dickinson (US) LLP


12:00 p.m. to 2:00 p.m. Hosted Luncheon/Networking Time

2:00 p.m. to 3:00 p.m. The Latest on Creative Uses for Captives

This session will feature real-world case studies highlighting on how captives are being used today for emerging and non-traditional corporate financial risks.

SPEAKERS:    


John Capasso
CEO
Captive Planning Associates, LLC


3:00 p.m. to 4:00 p.m. Financial Impact of Movement to 831a

More traditional covers are being placed in captives, who may have elected 831b. The premium limitation can easily be exceeded utilizing such strategy. This session will practically illustrate the financial statement impacts and calculations of the breakeven point to guide captive stakeholders and make decisions on adding premium to captives, including practical tools to make decisions, discussed in a fun way. 

SPEAKER:    


Leon Rives
Chief Visionary Officer
RH CPAs PLLC


4:00 p.m. to 4:15 p.m. Break

4:15 p.m. to 5:00 p.m. Building on Success on Big Sky Country – An Open Discussion

We’ll finish up the day with a moderated open discussion session where all stakeholders of the Montana captive domicile (owners, service providers, and regulators) discuss strategies to further improve the domicile in the years ahead.

MODERATOR:    


Adam Tunning
Attorney
Moulton Bellingham, PC
MCIA Board Member


5:00 p.m. to 6:00 p.m. Networking Reception -- Poolside

Thursday, June 27, 2024
8:00 a.m. to 9:00 a.m. Networking Breakfast

9:00 a.m. to 9:45 a.m. MCIA Lobbyist Report

MCIA’s lobbyist will provide a preview of the 2025 legislative session with a specific focus on captive insurance-related developments.

SPEAKER:    


Aimee Grmoljez 
Attorney
Crowley Fleck PLLP


9:45 a.m. to 11:00 a.m.     The Montana Captive Domicile Outlook – 2024 and Beyond

Montana’s captive regulators detail activity in the domicile during the past year and discuss how they see the domicile positioned for the future.

SPEAKER:    


Kari Leonard

Captive Coordinator

Office of the Montana Commissioner of
Securities & Insurance


11:00 a.m. Conference Concludes