DATE: Wednesday, September 17, 2014
TIME: 12:30 PM - 2:00 PM
VENUE: Sheraton Stamford Hotel, 700 East Main Street
ORGANIZER: Connecticut Captive Insurance Association
Andrew M. Walsh to moderate at The 2014 Symposium on Captive Insurance in Connecticut entitled 'Corporate Governance: "Who cares about corporate governance? You should!' Increased regulatory scrutiny, emerging risks and financial volatility mandate this focus and practice' on Wednesday, September 17, 2014 from 12:30 p.m. to 2:00 p.m.
In the morning's Strategic Risk Management session, we will learn that the success of any business depends upon the effective and efficient use of capital. While this is true, in order to sustain this success, it is imperative to have effective corporate governance mechanisms and processes in place. As evidenced by the epic failures of AIG and Lehman Brothers, a lack of such controls can derail any enterprise. Likewise, a common theme amongst long-term profitable companies, with robust capital positions, has been a rigorous adherence to strong corporate governance standards.
Due to the recent high profile insolvencies, there has been renewed interest in the corporate governance practices. This increased attention, however, is not reserved for the company executives and their respective regulators. Other constituents such as shareholders, creditors, board of directors, auditors and other stakeholders are now keenly aware of the consequences of both an effective, or ineffective, corporate governance plan. In this session, the panelists, who hail from three diverse fields of the risk and insurance industry, will discuss how corporate governance is a critical component to the sustainable benefits of any capital.
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