Captive manager means a firm to which the board of directors of a captive has delegated by way of contract the management and administrative functions of the captive;
Captive manager means a person that is on the Iowa approved captive management firms list and, pursuant to a written contract with a captive company, provides and coordinates services including but not limited to accounting, statutory filings, signed annual statements and coordination of related services. The captive manager acts as an intermediary that facilitates and assists the captive company in meeting its statutory requirements under Iowa Code chapter 521J.
Captive manager means any person entering into a contract with a captive insurance company, or the parent or affiliate of a captive insurance company, for the purpose of managing the operations of the captive insurance company.
Examples of Captive manager in a sentence
Captive manager: The firm to which the board has delegated by way of contract the management and administrative functions of the captive.
Options Delivery to IcelandFor this procurement group delivery to Iceland is an option.
A Captive shall engage a competent Captive manager that does business at a location in New Jersey and maintains the Captive’s books and records at a location in New Jersey accessible to the Commissioner.
The exiting Captive manager should provide a letter to the Department indicating the circumstances attributing to its dismissal or resignation.
A change in the Captive manager is considered a material change in the Captive’s plan of operations and is subject to the Department’s prior approval.
More Definitions of Captive manager
Captive manager means any person or firm contracted by a captive insurance company to manage its affairs.
Captive manager means the person appointed by the Risk Officer pursuant to section 5(b) to run the day-to-day affairs of the Agency.
Captive manager means Global Insurance Management & Consulting LLC, retained by Global Hawk as its captive manager.
Captive manager means the investment professionals that manage the Captive Funds, including Vertex Ventures Management Pte Ltd;
Captive manager means any Person authorized to undertake the administration and execution of the managerial function, including the administration of contracts of (re)insurance, for a Captive Insurance Company.
Captive manager means a third party person that is designated to manage a captive insurance company and to correspond with the Commissioner regarding the business of such company.
Captive manager means a person that is on the Iowa-approved captive management firms list and, pursuant to a written contract with a captive company, provides and coordinates services including but not limited to accounting, statutory filings, signed annual statements and coordination of related services. The captive manager acts as an intermediary that facilitates and assists the captive company in meeting its statutory requirements under Iowa Code chapter 521J as enacted by 2023 Iowa Acts, Senate File 549. “Work papers” include, but are not necessarily limited to, schedules, analyses, reconciliations, abstracts, memoranda, narratives, flow charts, copies of company records or other documents prepared or obtained by the accountant and the accountant’s employees in the conduct of their audit of the captive