National Risk Retention Association

A large part of NRRA's mission is education and advocacy for risk retention groups (RRGs) and risk purchasing groups (RPGs), protecting the preemption provisions of the Federal Liability Risk Retention Act (LRRA). Check out a summary of some of the advocacy related work NRRA has done on behalf of all risk retention groups and risk purchasing groups in 2024 and some new related resources we have planned for 2025. https://lnkd.in/eAkzQJBT #CaptiveInsurance #RiskRetentionGroup #RiskPurchasingGroup

We’re wrapping up our time together at #NRRA2024 with some industry trends and advocacy updates. Be sure to follow our newsletter and blog for continued information on NRRA’s legislative advocacy progress and upcoming regulator and D&O training sessions. Thank you to all of our attendees, speakers and sponsors for another great year and another great annual conference!

Join us in congratulating 2024 Karen Cutts visionary award winner, Derick White! This award honors Derick’s thirty-five-plus years of service in the captive industry as CPA, auditor, regulator, Deputy Commissioner and Director of Captives, and more. Derick established Vermont's captive examination and application process, reviewing hundreds of captive applications and advocating for RRG-friendly regulatory standards. Since transitioning to the private sector, Derick has managed Eastern U.S. operations for a captive management company, served on numerous industry boards, and remains active as a board member for three risk retention groups. Please join us in honoring Derick’s accomplishments in the comments below! #NRRA2024

One of our favorite aspects of the NRRA National Conference is hosting college students through our Collegiate Research Insurance Shadow Program (CRISP). This year, we are pleased to welcome Veronica Zieba, Grace Cittadino,  Madison Johnson, Marek Pedziwater, Carly Pye, and Adam Stiner from the Katie School of Insurance and Risk Management at Illinois State University to attend conference sessions, network with speakers and attendees, and explore the risk retention industry. #NRRA2024

Day 1 of #NRRA2024 provided valuable insights from diverse perspectives on the role AI is playing—and will continue to play—in transforming the risk retention industry. Click through the below for a few key takeaways and summaries.

Thank you to our special Veterans Day Speaker Presentation from Lt. Col. John Tice, A-10 Pilot and Flight Examiner with the 303d Fighter Squadron stationed at Whiteman Air Force Base, Missouri. Tice shared personal stories from his service, a brief history of Veterans Day, and accounts of some exceptional individuals and the bravery exhibited in critical moments to keep our country safe. Thank you to all who have served our country and it was an honor to have Tice speak to our attendees today. #NRRA2024

The #NRRA2024 National Conference starts today! Thank you to our wonderful sponsors who make this event possible. We have much to look forward to over the next few days, including a special Veteran’s Day speaker presentation by Lt. Col. John Tice, seven industry breakout roundtable sessions, and our first ever Director and Officers Bootcamp. Follow along or join the conversation with hashtag #NRRA2024 and download our speaker bios and conference program here: https://bit.ly/nrra2024

The #NRRA2024 National Conference theme this year is: The AI Revolution in Insurance and RRGs. Get a sneak preview of our program and what attendees can expect from NRRA Board of Directors Chair, Tina Truax-McCuin. https://lnkd.in/evgKG8eS #RiskRetentionGroup #RiskPurchasingGroup #RRG #CaptiveInsurance

Read our latest blog post to learn what Risk Retention Groups are, their key features, and how they differ from traditional insurance companies. https://lnkd.in/emucaJ3e #RiskRetentionGroup #InsuranceIndustry #CaptiveInsurance

Four Upcoming NRRA Education Initiatives and Events 🗓 1. Tennessee Captive Insurance Conference: Meet us in Nashville from October 28-30, 2024, for specialized sessions focused on the evolving landscape in risk retention. 2. NRRA National Conference: Join us in Chicago November 11-13, 2024 for this year's program theme, The Artificial Intelligence (AI) Revolution in Insurance and RRGs. Register today: https://bit.ly/nrra2024. 3. Virtual RRG Regulator Educational Sessions: Tailored for NAIC, domiciliary, and all regulators. These sessions will be announced soon. 4. NRRA RRG Leaders Summit: Save the date for March 19, 2025 in Beverly Hills, California. Stay tuned for more details about this exclusive event for RRG executives. With an exciting lineup of educational programs and opportunities on the horizon, now is a great time to engage with NRRA. #NRRA2024 #RRG #RiskRetentionGroup #AIinInsurance #CaptiveInsurance #InsuranceEducation