Speakers: Mark Harris, Mark Koogler, Jim Flood, John Chaplin, David Curry

This special pre-Conference workshop, the first in a planned series, is an in-depth look at issues faced by RRG directors and officers and RRG management in regards to Directors and Officers Liability. Experts will also guide participants through real world claims scenarios and issues concerning professional liability exposures to insurance company operations. Additional topics for future seminars may include Administration/Operations; Accounting; Underwriting; and Reinsurance. The session format is an open forum and is open to all Conference attendees.

Special Benefit to NRRA members: Members insured through the NRRA'sponsored Insurance Company Management and Professional Liability insurance program (ICMPL) available through Quadrant Insurance Managers who participate in two Quadrant‐sponsored seminars will qualify to receive a discount on their ICMPL premium.

LIABILITY/PROFESSIONAL LIABILITY

Speakers: Gloria Everett, Wendy Fisher, Derick White, and Stephanie Mapes

This session will begin with an overview of the services and value members can expect to receive from NRRA and how their participation can strengthen the Association. The panelists will then give a thorough explanation of the genesis and continued evolution of RRGs and PGs in the US. This will give participants an excellent historical, legislative, and practical perspective to better understand the particular issues to be discussed over the next few days.

INTRO TO RRGs/PGs

Speakers: Brady Young, Pete Hunter, Larry Smith

This panel will explore the current state of the alternative risk transfer market. The panel will explore the effect of the softening insurance market on the formation of new risk retention groups and the possible winding down of current groups due to soft market conditions. Panelists will also discuss the potential impact on reinsurance for risk retention groups in the event that the amendments to the LRRA are passed.

STATE OF THE MARKET

Break

Speakers: Ray Pate, Aaron Kaslow

This session will discuss current innovations and issues in the RRG market. Topics will include how RRGs are responding to the soft market, growth strategies, use of RRGs to write liability coverage to limit benefits and contractual liabilities, and leveraging group membership. The session will provide a practical look at the current market from the perspectives of industry insiders.

NEW PRODUCT DEVELOPMENT FOR RRGs

Speakers: Brian Braley, Dick Bouhan, Jon Harkavy, Joe Holahan, Janet Pitterle Holt, Skip Myers

This session will provide panel presentations and an opportunity for discussion on federal activity impacting RRGs and PGs including expansion of the LRRA (HR 5297), the Insurance Information Act of 2008 (HR 5840) (creating a Federal Office of Insurance Information in the Treasury), the National Insurance Act ("Federal Charters"), the Nonadmitted and Reinsurance Reform Act ("Surplus Lines Bill"), and the Terrorism Risk Insurance Act ("TRIA"). We invite you to join us Wednesday at 8:30 am for the What Do We - as Members and as an Association – Do Now? session, to discuss the impact these bills may have and the role which NRRA should play in advocating for and protecting the interests of the Association membership.

THE FEDERAL FRONT

Speakers: Skip Myers, Dana Sheppard, Bill White

Hot on the heels of the NAIC RRG Task Force meeting Monday, September 22 in the Washington, DC area, this session will update participants on the latest activities of the NAIC affecting the RRG and PG industry as well as new NAIC activities that may affect the captive insurance industry in general. We invite you to join us Wednesday at 8:30 am for the “What Do We - as Members and as an Association - Do Now?” session to discuss the impact these NAIC activities may have and the role which NRRA should play in advocating for and protecting the interests of the Association membership.

Speakers: Skip Myers, Gary Cooper, Sandy Elsass, Pete Raymond, Dana Sheppard, Craig Watanabe, Bill White

This session will cover issues of domiciliary and non-domiciliary state regulation. Panelists, including regulators from many of the most active RRG domiciles, will cover state-specific issues that our industry has faced over the last year, including state-specific reporting; the types of liability certain states consider covered under the purview of the LRRA; registration/regulatory fees and requirements; financial responsibility laws used to exclude RRGs from writing in the state; impermissible imposition of guaranty fund obligations; and legislative activities impacting risk retention and purchasing groups. We invite you to join us Wednesday at 8:30 am for the “What Do We - as Members and as an Association - Do Now?” session to discuss the impact these state issues may have and the role which NRRA should play in advocating for and protecting the interests of the Association membership.

STATE OF THE STATES

Speakers: Gary Cooper, Craig Watanabe, Gerald Yoshida

Many new RRGs will be facing their first state audit. This session will discuss the domiciliary state examination and help new and existing RRGs effect the most expeditious and successful review. Hear it directly from the regulators.

THE STATE AUDIT

Speakers: Jason Flaxbeard, Chad Karls, Christopher Mertes

With the new audit rules, what are auditors finding and how are RRGs/PGs responding? This session will address the changes in external audit practices and how these changes have redefined the annual audit for RRGs. Panelists will consider how the phrase “In God we trust; all others must document” has driven the new audit world.

THE EXTERNAL AUDIT

Open to all Conference attendees.

All Conference attendees are invited and encouraged to join us as in this interactive session, as we brainstorm how we as members and as an Association can address all of the issues facing RRGs and PGs, now and in the future. We need your input on how NRRA should move forward as an Association, to best suit the needs of our members. We will also look back over the past year to recognize what NRRA has accomplished for our constituents. This will include a report from NRRA’s General Counsel on the Association’s vital legal and regulatory activities. We will also recognize those who have volunteered their time and talents over the past year to ensure that NRRA is advancing the interests of RRGs and PGs.

WHAT DO WE - DO NOW?

Speakers: John Andre, Joseph Petrelli

Wondering whether and how to have your RRG rated? Explore the pros and cons and processes for rating alternative risk transfer companies via this informative session with representatives from two of the major players in insurance company rating.

A.M. BEST

DEMOTECH

Speakers: Myra Barsoum Stockett, Joe Deems, Cliff Masch, Julie Robertson

This session will focus on professional liability policy, coverage, and claims issues specific to RRGs. The panelists will look at policy drafting issues that arise when RRGs are not governed by any state insurance law and when RRGs are doing business in multiple states. They will discuss how coverage disputes are resolved; what law applies to the adjudication of that dispute; and if outside counsel is adequately knowledgeable about the specific issues of defending insurance companies in coverage disputes when the insurer is and RRG.

PROFESSIONAL LIABILITY POLICY, COVERAGE AND CLAIMS ISSUES