For Immediate Release:
April 25, 2022
Oklahoma Insurance Department Announces Inaugural Captive & Insurance Business Transfer Conference in August
OKLAHOMA CITY – Risk managers, business owners, regulators, financial executives and insurance professionals are invited to attend the Oklahoma Insurance Department’s (OID) first Captive & Insurance Business Transfer (IBT) Conference in Oklahoma City. The event will be held at the Omni Oklahoma City Hotel on August 24-25. This two-day conference will provide in-depth educational sessions on Captive Insurance and IBTs.
The 2022 Oklahoma Captive & IBT Conference will address new and emerging risks facing companies and organizations worldwide. This conference will demonstrate how captives can offer solutions that may not be available in the traditional insurance marketplace. Moreover, attendees can learn how to resolve run-off and discontinued books of insurance business through an IBT. Ten hours of Continuing Education credit will also be available at the conference.
“With Oklahoma’s expansive IBT law and the OID’s supportive, efficient captive regulatory platform, companies of various industries across the country recognize Oklahoma as a highly competitive jurisdiction,” Insurance Commissioner Glen Mulready said. “It is a great opportunity to educate stakeholders on the benefits of Captive Insurance and IBTs. I believe a conference like this will help Oklahoma continue to be the hub for these two innovative tools.”