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Member, Beacon International Group, Ltd.
CHICAGO-The 9th Annual Conference of the National Risk Retention Assn. held March 23-25 in Chicago attracted 170 attendees.
The 34 risk retention groups represented at this year's conference was a record for the NRRA gathering. The conference also drew 14 exhibitors.
Speaking as guest of honor at this year's conference, Dennis Chookaszian, chief executive officer of Chicago-based CNA Insurance Cos., told attendees that in the insurance market's current climate the nature of relationships can change from day to day as companies look for opportunities to do business with one another.
"What we are seeing today with other insurance companies and risk retention groups is that you are a partner one day and a competitor the next day," Mr. Chookaszian said.
Discussions are underway to hold the 1998 NRRA conference in conjunction with next year's Captive Insurance Companies Assn. annual conference scheduled for March 15-18 at the Hyatt Grand Champions Resort in Indian Wells, Calif. For more information call the NRRA at 800-999-4505.