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NAMIC Directors' Boot Camp 2.0

Event Contact

Larry Baile

Larry Baile
AVP - Convention & Association Services
317.876.4218

Kristen Spriggs

Kristen Spriggs
Vice President - Member Development
317.876.4234

General Information


Is your company looking for high-level education for your board members? The Directors’ Bootcamp has been recently redesigned to provide a more flexible experience which gives board members an opportunity to exchange ideas through group exercises, facilitated group discussions, and multiple networking opportunities.

The Directors' Bootcamp has a combination of general session and breakout sessions, to allow attendees to pick which subjects are most pertinent to them. Group exercises and discussions are intermixed, to encourage discussion among peers, and provide networking opportunities. Topics and presentations are based on input from current board members and CEOs, including feedback from the property casualty member task force.

The agenda features a unique combination of subject matter experts, along with retired insurance company CEOs and executives who will bring practical real-life applications to this unique educational opportunity.

Target Audience


We specifically develop our educational programming with our members in mind. These courses are designed for board members from property/casualty insurance companies.

Workshop Registration Fees


Registration rates and information will be announced soon.

First Time Attendees


We want to know if this is your first time to participate in the NAMIC Directors' Bootcamp 2.0 so we can get to know you and provide you with some valuable networking opportunities. Don't be shy, please indicate on your registration form if you are a first time attendee. We are excited to meet you!

Optional Workshops


Optional Workshop A: Chairman’s Workshop This interactive workshop will highlight the unique responsibilities of a board chairman. Attendees will be given tips and tools for best practices in agenda setting, board administration, group dynamics, avoiding group think and overcoming and avoiding dysfunction within the board. This session is a training tool for both current and prospective board chairs.

Optional Workshop B: CEO Succession Planning In this hands-on workshop, attendees will examine real-life examples of mutual insurers who have recently successfully implemented and executed CEO succession plans. Faculty members will share personal experience and facilitate peer-to-peer discussion in this informative pre-bootcamp workshop.

Optional Activity: Yacht StarShip Dinner Cruise


Relax with fellow attendees and Bootcamp faculty over dinner and drinks on Yacht StarShip, America's First 3-diamond rated Dining Yacht by AAA, which ranks in the top 28% of all restaurants. Enjoy casual conversation while taking in views of the scenic intercoastal waterway from Bellair to Island Estates and finishing with a cruise into the Gulf of Mexico for a famous West Coast Sunset. After dinner, enjoy DJ entertainment and dancing, or sit back, relax, and take in the beautiful scenery of Clearwater Beach. This activity requires an additional registration fee of $65 which includes your cruise, reserved table, and 3-course seated meal (choice of soup or salad, choice of entree, and dessert) as well as one drink ticket.

Registration Confirmation


You will receive a detailed e-mail confirmation upon successful completion of the registration process for this event; please make sure to enter a valid e-mail address on the registration form. If you have any questions regarding your registration, please e-mail registrar@namic.org or call (800) 336-2642.

Registration Cancellations


All registration cancellations and transfers MUST be made in writing. Cancellations received on or before Friday, April 7, 2017 are 100 percent refundable. After Friday, April 7, 2017, a $25 processing fee will be deducted. Any refund due will be issued within 15 business days after receipt of the cancellation notice. No refunds are available after Friday, April 14, 2017, so please plan accordingly. Please note: Optional Dinners/Activities follow the NAMIC Cancellation Policy. You may substitute a participant at no additional charge. Cancelling a seminar registration with NAMIC does not cancel a hotel reservation. Please forward all cancellation requests to registrar@namic.org or fax to (317) 876-6213.

Accommodations


In accordance with Title III of the Americans with Disabilities Act, we invite all registrants to advise us of any disability and any requests for accommodation to that disability. Please submit your request as far in advance of the program as possible.

What to Wear


The suggested attire for this meeting is business casual.

Questions?


If you have any questions regarding your registration, e-mail registrar@namic.org or call (800) 336-2642 ext. 1061. If you have any questions regarding the workshop, e-mail lbaile@namic.org or call (800) 336-2642 ext. 1018.

Tentative Agenda


Subject to change without notice

Monday, May 8

1:00 – 6:00 p.m.

Event Information Desk

2:00 - 4:30 p.m.

Optional Workshop: Topic TBD

*Additional fee required for optional workshops.

6:00 – 7:00 p.m.

Welcome Reception

Tuesday, May 9

7:00 a.m. – 4:00 p.m.

Event Information Desk

7:00 – 8:00 a.m.

Breakfast
Join your fellow attendees for breakfast to get the Bootcamp off to a great start. You will have a chance to meet the faculty and your fellow attendees.

8:00 – 8:30 a.m.

Welcome and Introductions
Begin the session with a quick history of NAMIC with overview of what NAMIC does and how it serves the mutual insurance industry. Our workshop faculty will able be introduced along with a highlight of their areas of expertise.

8:30 – 9:15 a.m.

Setting Expectations
We will review the expectations of attendees, along with specific areas of interest. This session will also introduce you to Bootcamp Mutual Insurance Company, a fictional company that will be used in several of the group exercises and discussions. Faculty members will explain the case study through high level discussion of topics that regularly impact boards such as financial statements, reinsurance, board compensation and transitional leadership. These discussions will serve as a jumping off point for deeper dives in later concurrent sessions.

9:15 – 9:35 a.m.

Networking Break

9:35 – 11:00 a.m.

The Role of the Board
This session will focus on the board of directors’ role in the governance of a mutual insurance company. Attention will be paid to the board’s direction and oversight responsibilities and functions as well as the fiduciary duties of board members. Protections available to board members and key issues currently facing boards of mutual insurance companies will also be addressed.

11:00 – 11:20 a.m.

Networking Break

11:20 – 12:00 p.m.

CGAD and New Expectations for Boards
This session will focus on understanding the National Association of Insurance Commissioners’ new Corporate Governance Annual Disclosure Model Act and Regulation, to which all insurers will need to comply. The discussion will include a background on the development of the CGAD and then focus on its core components. Additionally, we will take a look at what insurers and boards can be doing today in preparation for this filing.

12:00 – 1:00 p.m.

Adjourn for lunch - take items with you so hotel staff can clean and service rooms. When we return for lunch, we will split into concurrent sessions.

1:00 – 2:00 p.m.

Concurrent Sessions

  1. Reinsurance Overview
    This session will provide a high-level overview of the board’s role in the search for, selection of, and implementation of reinsurance. A basic overview of reinsurance terminology and principles will precede a more-detailed explanation of how board members impact reinsurance.

  2. Emerging Risks: Focus on Cyber Risk
    This session will explore the role of the board of directors in oversight of the company’s readiness for a cyber breach. Discussion will also focus on the questions a board should ask regarding the company’s cyber security program.

2:00 – 2:20 p.m.

Networking Break

2:20 – 4:00 p.m.

Concurrent Sessions

  1. Understanding Company Financials & Key Metrics to Apply Effective Board Guidance
    This session will cover a variety of topics relating to company financials, including a review of generally accepted accounting principles versus statutory accounting principles as well as tips to understand benchmarks and key metrics. Attendees will receive the tools they need to understand and evaluate company financials to best serve their organizations.

  2. The Board’s Role in Strategic Planning
    This session will provide an overview and discussion of the role the board takes in developing, implementing, and monitoring an organization’s strategic plan. The definition of a strategic plan, the process of developing one, and the questions boards should be asking before approving it will be addressed. A practicum component will put attendees in the seats of the board of Bootcamp Mutual Insurance Company to work through the initial steps of the strategic planning process.

4:00 p.m.

Bootcamp adjourns for the day

6:00 p.m.

Optional Activity: TBD

Wednesday, May 10

7:00 a.m. – 4:00 p.m.

Event Information Desk

7:00 – 8:00 a.m.

Breakfast

8:00 – 9:00 a.m.

Concurrent Sessions

  1. Emerging Legislative & Regulatory Issues
    Understanding the legislative and regulatory environments and the implications for operating an insurance company is critical for board members. This high-level session will address what a board member needs to know in order to guide a company through the legislative and regulatory landscapes.

  2. Executive Compensation
    One part of the board of directors’ role is to oversee compensation plans for the company, particularly executives. Stakeholders, either policyholders or shareholders, want to know that the board of directors is actively monitoring executive pay and maintaining sound salary administration and a pay-for-performance approach. This session provides an overview of the tools and techniques used to ensure the appropriateness of pay in a company.

9:00 - 9:20 a.m.

Networking Break

9:20 – 11:20 a.m.

Concurrent Sessions

  1. Investment Perspectives
    Practical governance issues surrounding board investment committee assignments can be full of financial acronyms and investment strategies. This session will explore the links between an insurer’s risk profile and its investment strategy. These links lead to appropriate considerations and questions regarding the construct and implementation of the insurer’s investment portfolio statement, considering objectives and constraints, and comparing it to others in the industry. Attendees will delve into how to manage assets so the company can react to ongoing changes in risk levels across asset classes. Hot topics in the investment space will be discussed and time will be allocated to ask questions.

  2. Lessons of Company Success – McKinsey “Journey” Discussion
    What are the keys that separate winning property/casualty insurance companies from the rest? This session will explore the secrets to success uncovered by extensive research about how the best performers stand out. In addition, this session will explore the importance of a corporate purpose.

11:20 a.m. - 1:00 p.m.

Working Lunch & Roundtable Discussions

We’ve allowed time in the agenda for you to take a break, gather some lunch from the buffet, and assemble for small group discussions. Attendees can rotate to a new topic at 12:15 pm.

During this time we will feature an opportunity for directors to focus on specific areas within your role on the board or immediate need of your company. Faculty members will be on hand to help answer questions or provide insights from their experiences. This is a great opportunity to learn from your peers.

1:00 – 2:45 p.m.

Concurrent Sessions

  1. Board Evaluation, Recruiting, & Succession Planning
    This session will focus on understanding the importance of board succession planning as part of a director’s fiduciary duty to the organization. Attendees will learn the benefits of having a well-defined/orchestrated succession plan; structuring the board to help achieve strategic goals and become future oriented; utilizing a skills assessment to focus recruitment efforts; and creating a process to recruit and attract new board members.

  2. Enterprise Risk Management (ERM): Strategic Thinking and How ERM Supports Board Members in Constructive Participations
    This session will explore the concepts of enterprise risk management, including the role of the board in ERM governance, the connection between ERM and strategic planning; and the critical questions board members need to ask about the company’s risks.

2:45 – 2:55 p.m.

Networking Break

2:55 – 3:55 p.m.

Ask the Faculty Session
This open format session will be tailor to the attendee’s needs. Faculty members will be available at this Q&A session to help clarify or answer questions. We will review areas of interest that attendees identified in advance, and make sure all items have been addressed.

3:55 – 4:00 p.m.

Closing Remarks
A review of the key objectives suggested by attendees at the beginning of the event will be done.

4:00 p.m.

Workshop Adjourns

Where to Stay


Sandpearl Resort

Wild Dunes Resort
5757 Palm Boulevard
Isle of Palms, SC 29451
Ph: (888) 845-8880

Overview of the Hotel
The Wild Dunes Resort is located on the northern tip of the Isle of Palms, a barrier island off of South Carolina, just 30 minutes from the charm and grace of historic Charleston. The award-winning 1,600-acre oceanfront resort offers plenty of things to do including championship golf, tennis, spa services, family‐recreation programs, activities embracing the local culture and low‐country lifestyle, dining and wonderful beaches. In addition to the variety of on‐site activities, nearby Charleston offers an endless array of activities and attractions for an extra dose of Southern charm.

Event Hotel Rate and Cut Off Date


Rate: $230.00 plus taxes for standard rooms, single/double occupancy.

The group rate includes destination fee, resort fee and group amenity fees, which provide the following guest amenities:

  • Fitness Center access
  • Swimming pool access
  • High-speed Internet access in guestrooms
  • Daily newspaper
  • Access fees for local and toll-free long distance calls
  • 1-hour complimentary tennis court usage
  • One bucket of golf balls per person at golf range

NAMIC has contracted a room block for attendees at the Wild Dunes Resort. A set number of rooms are available at the group rate until 5:00 p.m. Eastern Time on Friday, April 14, 2017 or until the group block is sold out, whichever comes first. While NAMIC studies past attendance trends and the needs of our members, we cannot guarantee rooms will be available. Please plan ahead and secure your reservation as soon as possible to receive the group rate.

Hotel Reservations


Directors' Bootcamp 2.0 attendees are responsible for making their own travel and hotel arrangements. Upon registering with NAMIC, you will be provided information within the confirmation email on how to make room reservations with the hotel.

Please contact Julie Motyka if you encounter any problems with making hotel reservations.

Travel Information


Wild Dunes Resort is located on Isle of Palms just outside of Charleston, South Carolina. To locate the main entrance to Wild Dunes Resort on a GPS, please use 1 Sundial Circle, Isle of Palms, SC 29451 in your GPS device. Entering "Wild Dunes" may provide inaccurate directions.

For customized driving directions, please click here or your preferred mapping website.

From the Airport:

Take I-526 East to the Georgetown Exit, Hwy 17 North. Continue straight at the light, crossing Hwy 17 onto Hungryneck Boulevard. Pass through three stoplights and at the fourth, turn right onto Highway 517, the Isle of Palms Connector. See below "On the Island" for getting to Wild Dunes once you've crossed the Intracoastal Waterway on Highway 517.

On the Island:

Turn left at the light at the foot of the bridge onto Highway 703, Palm Boulevard. Continue following Palm Boulevard, parallel to the Atlantic Ocean. As you cross 41st Avenue, you will see the Wild Dunes directional sign to turn right, onto Palm Boulevard (extension). The Wild Dunes entrance is on the left.

Driving Directions:

From I-95: Connect with I-26 East toward Charleston.

From I-26: Head East into the Charleston area to I-526. Take I-526 East toward Mt. Pleasant (Exit 212C).

From I-526: Head East toward Mt. Pleasant and take the Georgetown Exit number 29, Hwy 17. Continue straight at the light, crossing Hwy 17 onto Hungryneck Boulevard. Pass through three stoplights and at the fourth, turn right onto Highway 517, the Isle of Palms Connector. See below "On the Island" for getting to Wild Dunes once you've crossed the Intracoastal Waterway on Highway 517.

From Hwy 17 North or South: Turn east at Highway 517, the Isle of Palms Connector. Take the Connector over the Intracoastal Waterway onto Isle of Palms.

Parking:

Complimentary valet service for all guests is provided at check-in. Self parking is also available.






Area Attractions


When it comes to free time, there's so much to do both on-Resort and in historic downtown Charleston, South Carolina. Enjoy 36 holes of championship golf, play on 17 Har-Tru tennis courts, bike miles of shady trails, soak up the sun surfside or partake in one of dozens of other on-Resort activities ideal for small groups. Venture over to downtown Charleston to discover famed shopping on King Street, dine in acclaimed restaurants, tour historic homes and gardens, and more. At Wild Dunes Resort, there’s more than enough relaxation and recreation to fill your stay with excitement, tranquility or a little bit of both.

Check out these links below for more information:

  • Barrier Island Eco Tours
    Embark on a naturalist-guided excursion exploring the salt marshes and islands off of Charleston, SC. This excursion promoting awareness, conversation and enjoyment of South Carolina’s coastal resources is voted the #1 activity on Isle of Palms by Tripadvisor.
  • Wild Dunes Resort Golf Course
    Enjoy 36 holes on the resort signature golf courses designed by Tom Fazio and noted by Golf Digest as one of the “Best in State” for golf in South Carolina. The newly renovated Links Course and Harbor Course are open to the public and challenge players at every skill level. Wild Dunes Resort also offers one of the top Charleston golf schools with a variety of clinics, lessons and intensives.

Attractions

  • Patriots Point Naval & Maritime Museum
    Walk in the steps of heroes at the Patriots Point Naval & Maritime Museum. Guests can step aboard three museum ships: USS Yorktown CV-10, Essex-class aircraft carrier; USS Laffey DD-724, Sumner-class naval destroyer; and USS Clamagore SS-343, GUPPY III submarine. In addition, 29 aircraft are on display from conflicts ranging from World War II to present-day operations. The national Congressional Medal of Honor Museum is also currently located aboard the USS Yorktown.
  • Boone Hall Plantation & Gardens
    In 1743, the son of Major John Boone planted live oak trees, arranging them in two evenly spaced rows. This spectacular approach to his home symbolizes southern heritage and will take root in your memory for many years to come. It would take two centuries for the massive, moss-draped branches to meet overhead, forming today's natural corridor and a scene that NBC Daytime television says is "a must see stop on any trip to Charleston, S.C."
  • Fort Sumter National Monument
    Decades of growing strife between North and South erupted in civil war on April 12, 1861, when Confederate artillery opened fire on this Federal fort in Charleston Harbor. Fort Sumter surrendered 34 hours later. Union forces would try for nearly four years to take it back. Learn all about this storied spot of the first clash between the Union and Confederate armies in the Civil War.

For more information on things to do while on Isle of Palms and in Charleston, please visit Charleston CVB.

Frequently Asked Questions


What is the suggested attire for business and social gatherings?
It is suggested that attendees wear business casual to seminar sessions and meal functions.

What registration payment options are available?
The online registration system accepts credit card payments, check payments and multiple registrations under the same payment method.

When and how is registration confirmation sent?
Confirmation is sent via email so please enter a valid email address. If registering more than one person at a time you will need to forward the confirmation email to each attendee. You will receive your confirmation the quickest if you are paying online. Confirmation will be sent immediately after you submit your credit card information.

Does my registration include a hotel reservation?
No, you will need to contact the Wild Dunes Resort to make a room reservation. NAMIC has contracted a room block for attendees at the rate of $230 per room. A set number of rooms are available at the group rate until April 14, 2017 or until the group block is sold out, whichever comes first. While NAMIC studies past attendance trends and the needs of our members, we cannot guarantee rooms will be available. Please plan ahead and secure your reservation as soon as possible to receive the group rate. Refer to the NAMIC group rate when making your reservation at the hotel.

What does my registration include?
Registration fees include individual seminar resource materials and access to NAMIC sponsored meal functions including break service, breakfast, and lunch on Tuesday and Wednesday. For those attendees that bring spouses, they are invited to attend the opening reception on Monday evening.

Accommodations?
In accordance with Title III of the Americans with Disabilities Act, we invite all registrants to advise us of any disability and any requests for accommodation to that disability. Please submit your request as far in advance of the program as possible.

Can I register on site for optional activities?
Yes, space is available on a first-come, first-served basis. Please add the Optional Dinner activity to your registration in advance. Openings may also be available onsite - visit the registration desk during the designated desk hours to check availability.

Can I attend any of the sessions being offered?
General sessions will open each day followed by concurrent sessions that attendees can choose from, depending on their interest in the topic. NAMIC will ask in advance which sessions you plan on participating in, but you will be able to switch on-site.

Questions?
If you have any questions regarding your registration, e-mail registrar@namic.org or call (800) 336-2642. If you have any questions regarding the workshop, e-mail lbaile@namic.org or call (800) 336-2642 ext. 1018.

Posted: Sunday, May 04, 2014 12:00:00 AM. Modified: Monday, July 11, 2016 4:57:26 PM.

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