Captive International, in partnership with ECIROA, the European Captive Insurance and Reinsurance Owner's Association, is conducting a survey of Europe-based captive owners and managers (including risk managers and captive brokers closely involved in the management of one or more captives) to learn more about how captives use, manage, and value independent non-executive directors (INEDs), meaning non-employees or non-former employees of the insured group or from your service providers.
 
In an environment where transparency and scrutiny are more pertinent than ever for captives, we want to get a better understanding of how captives use these individuals, how this has changed – and how their role has and is changing as regulations and the expectations of stakeholders change.
 
To help us do the best job possible, we are inviting you to also pass this survey on to your colleagues and peers who have a direct involvement in the decision-making around one or more captives as an owner, manager, risk manager, or broker to offer an informed perspective on this issue.
 
Those responding to this survey are asked to identify themselves in the event that further information is required, but the nominators’ identities will otherwise remain confidential.
 
The results of this survey will be unveiled at the European Captive Forum 2023 on November 8-9 in Luxembourg, and a more in-depth report will follow, published by Captive International. 

All submissions and the details therein will be kept private and only used by Captive International (Newton Media Group). Captive International will use your primary email address for all follow-up correspondence.

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Tell us about yourself:

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Would you like to receive our Captive International newsletter, to ensure you stay up-to-date with the latest news in the industry?

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Are you a:

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If relevant, we would like to know more about your perspective – and the captive or captives you represent (this section is also optional, however, please share what you can):

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Do you believe you receive unbiased advice from your service providers?

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Do you believe you receive advice without conflicts of interest from your service providers?

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Do you believe you receive advice without conflicts of interest from your board/committee members who are not part of the parent group?

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How many INEDs serve on the captive board (meaning non-employees or non-former employee of the insured group or from your service providers)?

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Why do you have INEDs? (You may select more than one answer.)

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What is the profile of your INEDs? (You may select more than one answer.)

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How did you select your INEDs? (You may select more than one answer.)

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Does your INED sit on any board committees? If so which ones:

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Does your INED hold any other positions?

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How often are there board meetings organised in the presence of an INED?

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How often do you assess the performance/contribution of the INED?

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What form does this assessment take? (You may select more than one answer)

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How regularly do you review tenure of your INED?

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How much do you pay your INED annually?

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Should there be a specific certification for Captive INED, would you consider:

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Should there be a specific questionnaire developed to hire Captive INED, would you consider:

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If an INED were to be mandatory in your company / captive, to what extent would you consider the following (you may select more than one answer):

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