Although every Business Enterprise is faced with risks, for the insurance players, the issue of risk has two dimensions; Risks that face them as Business Enterprises, and the Risks that face the policyholders who have placed their insurance covers with them.
Policy holders take insurance covers in order to be indemnified when an insured event materializes. One of the highest expenses that the insurance industry has to absorb includes the claims settlement payments and therefore it is in their interest to mitigate Risks holistically. With this in mind, IIK has organized a program that will address the issue of managing Risks. The program will equip Participants with skills and expertise required to manage risks and make and implement accurate and timely management decisions.
This Program is timely considering that, risks have become more complex and adverse during these unprecedented times of COVID- 19. The target is insurers, reinsurers, insurance & reinsurance brokers, Banca-assurance, and specifically Managers, Heads of departments and staff working in underwriting, claims, Legal, Risk Management and Business Development.
The Key Topics to be covered include:
1.Overview of ERM and Business Sustainability;
2. Challenges facing insurance players?
3. Risk Management – A Business Enabler or just another Compliance Requirement?
4. Emerging risks and mitigation strategies;
5. Linking ERM to Management decisions
Kindly nominate your staff to attend this program by allowing them to register via the link: https://bit.ly/IIKRM21. The charges for the training – Kshs. 3,000/= per participant and note that IIK members will earn 3 CPD points. Please confirm your attendance by Monday, 12th April 2021 by contacting the IIK office on 020-2330255/77 or 0735350450 for more information. We look forward to your early confirmation.