Directors’ Bootcamp

Attendee Breakfast

Registration and Event Information

NAMIC Welcome and Opening Session: Emerging Trends for Boards

Networking Break

Corporate Governance and the Role of the Board

This session explores key governance principles and the board's role in guiding management. Learn director duties, decision-making responsibilities, and best practices for independence, qualifications, and conflict management to ensure ethical and effective leadership.

Roundtable Discussion – Corporate Governance and the Role of the Board

After each session, attendees will take a few minutes to debrief amongst their tables about the topic just covered. This is a great time to connect with your peers and faculty members.

Attendee Lunch

Board Operations and Best Practices

This session explores the role of board committees, their charters, and responsibilities in collaboration with management. Best practices for meeting preparation, documentation, and decision-making will also be shared. This session will cover key areas of board oversight, including financial results, rate determination, and CEO evaluation.

Roundtable Discussion – Board Operations and Best Practices

After each session, attendees will take a few minutes to debrief amongst their tables about the topic just covered. This is a great time to connect with your peers and faculty members.

Networking Break

Understanding Company Financials and Key Metrics

This session provides a comprehensive exploration of statutory accounting principles and offers insights into the foundational concepts that guide their development. Participants will gain a deeper understanding of the purpose and significance of key financial statement elements - the balance sheet, income statement, and statement of cash flows - and their roles in financial reporting and company governance. The session will also cover the premium accounting process, with a focus on written and earned premiums, and highlight essential metrics used by directors to evaluate periodic results, profitability, solvency, and growth. Lastly, attendees will learn how to interpret the statement of cash flows to assess premium flows, investment outcomes, and financing decisions that will empower them to make informed governance decisions.

Roundtable Discussion – Understanding Company Financials and Key Metrics

After each session, attendees will take a few minutes to debrief amongst their tables about the topic just covered. This is a great time to connect with your peers and faculty members.

Networking Break

The Board’s Role in Strategic Planning

This session delves into the critical role directors play in the company’s strategic planning process. Participants will explore the governance framework and director responsibilities within strategic planning, gaining clarity on their duties and influence. The session will examine the strengths and weaknesses of director-led versus management-led strategic planning approaches, which will help attendees understand the options available for developing effective strategies. Additionally, attendees will learn best practices for aligning board and management priorities, fostering collaboration, and driving successful strategic outcomes.

Roundtable Discussion – The Board’s Role in Strategic Planning

After each session, attendees will take a few minutes to debrief amongst their tables about the topic just covered. This is a great time to connect with your peers and faculty members.

Attendee Breakfast

Registration and Event Information

Enterprise Risk Management

This session will explore the board’s critical role in risk governance, including determining risk appetite, reviewing key risks, and ensuring effective oversight. Participants will gain insights into how regulators and rating agencies assess the effectiveness of enterprise risk management programs. The discussion will also cover the ERM components included in the Corporate Governance Annual Disclosure and the Own Risk Solvency Assessment filings. Lastly, attendees will learn how to connect strategic planning with ERM to support organizational resilience and success.

Roundtable Discussion – Enterprise Risk Management

After each session, attendees will take a few minutes to debrief amongst their tables about the topic just covered. This is a great time to connect with your peers and faculty members.

Networking Break

CEO Succession Planning

Explore the key elements of CEO succession planning, including the importance of timing, candidate evaluation, and transition strategies for the selectee. Compare the advantages of using internal versus external candidate pools and review the role of compensation benchmarking and board advisory in the process. Gain insights into the board’s responsibilities in CEO onboarding, with a focus on best practices for facilitating a seamless leadership transition.

Roundtable Discussion – CEO Succession Planning

After each session, attendees will take a few minutes to debrief amongst their tables about the topic just covered. This is a great time to connect with your peers and faculty members.

Networking Break

Closing Session and Wrap Up