10/21-10/22 9th Annual Debt Protection Products Conference

11/4 Fundamentals of Risk Transfer Seminar

11/5-11/6 Vehicle Related Protection Products Conference

Click to see detailed descriptions and registration info.

Excerpts from Blue Ocean Strategy from CCIA Annual Meeting Presentation

The new book, Debt Protection Products, is in stock and available for shipment.  Click below for more information.

Table of Contents

Preface

Fundamentals of Risk Transfer

November 4, 2008

Overview and Objectives

This one-day seminar is a small-group seminar that addresses what the risks are that a buyer assumes when buying an automobile and how those risks are transferred to an obligor/insurer and from an obligor/insurer to other insurers/reinsurers for products such as Vehicle Service Contracts, GAP, credit-related insurance, and other protection products offered in the F&I office.
 
What risks does the consumer assume when buying and financing a car? How are those risks transferred to the manufacturer, a dealership-obligor, an administrator-obligor, or an insurer? Once the risk is initially transferred, how are those risks further transferred to insurers, producer-affiliated reinsurers, multi-class domestic reinsurers, and non-controlled foreign corporations?
 
This presentation will also address the contractual arrangements, the statutory and GAAP accounting treatments, and the federal income tax treatments of such transactions and legal entities.
 
This seminar is for anyone needing an introduction to the business of risk transfer for the F&I office product offerings or for those wishing for a solid review of the basics of risk transfer.

Learning Objectives:
 
Learn the specific risks that are created through the automobile purchase transaction.
 
Identify the methods through which the risks are transferred from the consumer to a contractual obligor, insurer, or reinsurer.
 
Compare the specific types of reinsurers, including the various ownership structures and key regulations of the most common domiciliary locations.
 
Learn how the federal income tax status of insurance companies is determined or elected, and compare the basic principles of each structure.

Agenda

Participant List

Fee Schedule

Venue

Book Your Room

Print Version

Event & Registration Details

Date:  November 4, 2008

Venue: The Westin DFW Airport Hotel, Irving, Texas  Click to book your room

Early Bird Deadline: October 13th Click here to register

Materials: We provide a conference manual with the presentation text and reference materials for use at the conference.

Prerequisites and Advance Preparation: None

Program Level: Basic

Instruction Method: Group - Live

CPE Credits: 7

Terms & Conditions: Payment of the conference fee must be received prior to the conference. An early bird discount can be applied if registration and payment are received by the early bird deadline. 

Cancellations:  A replacement can be sent from your company if you are unable to attend, or, if we receive a written cancellation request at least two (2) weeks prior to the conference date, you will receive a refund less a $100 administrative fee per registrant. No refunds will be issued on cancellation requests received within the two (2) weeks prior to the conference.

Accommodations:  Attendees are responsible for making their own hotel reservations.  Discounted room rates at the Westin are only available until October 13th.  The discounted rate is $189.  After October 13th, rooms will be charged at the published corporate room rate and subject to availability.

Contact Info:  If you have any questions about the arrangements, complaints, or other needs, please call Angie Johnson at (817) 788-8121 ext. 238 or email angie.johnson@creditre.net

CreditRe is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. Web site: www.nasba.org