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33 - INS - Insurance
INS 102-B - Insurance Governance, Risk Management and Compliance
| Code | Start Date | Duration | Venue | |
|---|---|---|---|---|
| INS 102-B | 18 November 2024 | 3 Days | Istanbul | Registration Form Link |
| INS 102-B | 23 December 2024 | 3 Days | Istanbul | Registration Form Link |
Please contact us for fees
Course Description
This course provides an understanding of conceptional framework of insurance regulation. It provides awareness of international regulations. It gives deep information about specific regulations such as SoX, COS0, EU s 8th Directive. It tastes knowledge about coroprate governance developments locally as well as internationally. This course protects directors from potential liability and protect company from reputational harm.
Course Objectives
- Understanding insurance regulation within the context of risk
- Deep knowledge about international corporate governance framework
- Understanding SoX
- Recognising COSO
- Protecting company from potantial repuatational risk
- Understanding compliance issues locally
- Understanding statutory provision contained in various legislation applicable in the country
Who Should Attend?
- Insurance Professionals
- Internal Auditors
- Risk Managers
- Internal Control Officers
- Compliance Officers
- Financial & Accounting Professionals
- Goverment employers
- Board Members
Course Details/Schedule
Day 1
- Understanding GRC integrated approaches and their key enablers
- Understanding principles and benefits associated to governance risk and compliance
- Understanding major trends in global regulatory landscape
- SoX
- COSO
- EU 8 th Directive
- Recognising Multiple Guidance Systems for the Governance
- Analyzing key regulations that impact insurance companies
- Key characteristics of the more recently holistic regulatory changes and new legislation
Day 2
- Principles of Enterprise Risk Management
- Defining Risk Within the Framework of GRC
- Managing Risks by improving operational desicion making
- Changing Risk Appetite
- Managing Risks by strategic planning
- Managing Risks with Three Lines of Defense
- Vendor Risk Management
- Measuring Effectiveness of a Risk-focused Third-party Risk Management Program
Day 3
- Implementing Enterprise GRC
- Understanding Enterprise GRC Challenges
- Frameworks , Models and Maps
- Defining Implementation Strategies
- Understanding Attributes and Dimension of the Compliance Function for Insurers
- Recognising Implementation Tools
- Structuring Compliance within Internal Control System
- Analyzing Organisation Model Options
- Designing Chief Compliance Officer’s Responsibility
- Key Drivers of Successful Implementations
