In order to maintain active certified status, individuals who hold the MDC designation must complete four NAMIC maintenance credits every calendar year. These may be completed virtually and/or at events such as NAMIC’s Annual Convention and Directors’ Bootcamp 2.0.
Failure to complete maintenance requirements may result in the revocation of certification.
The MDC Virtual Maintenance Package is the most convenient way to receive your continuing education and includes access to virtual sessions which, once completed, will qualify for your full MDC maintenance credit.
Reinsurance Building Blocks for Board Members
This module will provide an overview of the board's role in the oversight of a company's reinsurance including the fundamental role reinsurance plays in managing company risk exposures, adding capacity for new products and new markets, and ensuring the solvency of the company. This module will also cover the reinsurance market including the roles of brokers, reinsurers, and advisors (catastrophe modelers, analytics providers, etc.).
Senior Vice President
President & CEO
Columbia Insurance Group
President & CEO
Mutual Assurance Society of Virginia
Investment Fundamentals for Board Members
This module will provide an overview of the board's role in the oversight of investments focusing on the role investments play in company operations, solvency, and profitability. This module will emphasize the board's responsibility for investment philosophy and the investment policy statement, regulatory requirements for investments, and the board governance process focusing on investment committee and board actions.
Enterprise Capital Strategist
New England Asset Management
Concord Advisory Group
Investment Director, Insurance Solutions Group
PNC Institutional Asset Management
Measuring Your Company's Performance
This module will provide insights into industry performance metrics to help companies in decision-making. Areas covered include quantitative measures of profitability, leverage, and liquidity; financial ratios and other qualitative measures reflecting spread of risk, reinsurance, reserve adequacy, and surplus management; and overall benchmarking and application of metrics for company governance.
This module will provide a focus on the principles underlying board assessment and development and understanding the risks of assessment if not properly done. In addition to the risks, an assessment of the benefits of board evaluation will be done. This session examines approaches to board evaluation and reviews the 360 degree evaluation process and board self-assessments. It also touches on providing feedback of the results to the full board versus to individual directors.
Executive Vice President, General Counsel and Chief Compliance Officer
CopperPoint Insurance Company