Course Outline

The course will cover:

• History and overview
• Finances
• Reasons for forming a captive
• Insurance classes and uninsurable risks
• The feasibility study
• Re-insurance
• The decision to set up
• Domiciles
• Management duties
• Types of captive
• Operating procedures
• Tax considerations

• The course is designed to supplement the textbook “Captives and Captive Management for Practitioners and Owners” by the late John Parkinson (published by Keyhaven). It is aimed at anyone with an interest in captive insurance – auditors, solicitors, managers, regulators, staff, risk managers, insurers, directors of owning companies etc.
• The course will give self-assessment questions for each chapter, as well as examination-style questions to help with the development of knowledge, and will be assessed by means of a report of 1,500-2,000 words and a two-hour examination (requiring short answers), all aimed at university level 2
• Trained university tutors will support all students via email and correspondence
• Examinations will be held every January, May and August in Guernsey (arranged by the GTA University Centre). Students choose their examination date, giving them flexibility in terms of the length of the course.
• The University will award Certificates to all successful candidates

Course Objectives

The course is believed to be the only one in this industry sector and will enable practitioners and interested parties to obtain a minimum level of knowledge in the area.

Further Details

For further information and a copy of the application form please contact either:

Debbie Hossick or Shahid Nawaz
Glasgow Caledonian University
Room B016, Britannia Building, Cowcaddens Road, Glasgow G4 0BA
Tel: 0141-331-3411
Email: Debbie Hossick (debbie.hossick@gcal.ac.uk)
Shahid Nawaz (m.s.nawaz@gcal.ac.uk)

or the GTA University Centre.