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AFRICA COLLEGE OF INSURANCE AND SOCIAL PROTECTION
(ACISP)

"The Bridge between Industry and Academia"

Registration No: REG/BTP/133P

ABOUT THE DIRECTORS & SENIOR MANAGERS OF INSURANCE & REINSURANCE COMPANIES TRAINING

DEADLINE FOR APPLICATION: All applicants should submit their applications before 24th January 2024.

ENHANCING OVERSIGHT PERFORMANCE OF INSURANCE AND REINSURANCE COMPANIES.

Africa’s insurance industry is standing at a significant critical development juncture as the second fastest growing market in the world at a 6% growth rate. In the wake of AfCFTA, Africa’s GWP potential is estimated to grow at the rate of 7% from about $ 115 billion to about $ 3.405 trillion in a span of 50 years. For this to be realized, regulators in the Continent must work together strategically and in partnership to address constraints and fast-track developmental best practices. This calls for regulators’ boards to be trained in new areas, opportunities and risks to be managed.

The training Objectives.

  • (a) Enhance understanding of the roles, responsibilities, and functions of board members in insurance and reinsurance companies.
  • (b) Equip participants with the knowledge and skills necessary to effectively oversee the strategy, risk management, and governance of their organizations.
  • (c) Provide insights into international best practices in insurance governance and board oversight.
  • (d) Explore the opportunities and challenges presented by the FSDMP 2030 and equip participants with the strategic thinking needed to capitalize on them.
  • (e) Facilitate peer-to-peer learning and networking among board members.

COURSE THEMES AND TOPICS

The program seeks to increase insurance penetration in the continent's economy and expand population coverage to harness the growth potential presented by Africa's rapidly developing insurance industry:

  • (1) Governance and Compliances.
  • (2) Risk Management.
  • (3) Financial Oversight.
  • (4) Strategic Planning.
  • (5) Reinsurance Strategies.
  • (6) Technological Intergration.
  • (7) Product Innovation.
  • (8) Inclusive Insurance Practises.
  • (9) Regulatory Landscape.
ORGANIZED BY

Africa College of Insurance and Social Protection (ACISP) in partnership with EntWise South Africa and ILO Impact Insurance Facility, Geneva, Switzerland.

    acisp
    ilo
    entwise
TARGET AUDIENCE
  • • Board members and Senior Managers of insurance and reinsurance companies operating in Africa.
PROGRAM FEES AND PAYMENT MODE

The costs will be USD. 1,000 per participant for the whole comprehensive training program which covers fees, training materials, stationaries, certificate, venue, breakfast, lunch, dinners and excursions

  • TO: - CRDB BANK
    Account Name: Africa College of Insurance & Social Protection Limited
    Account Number: 0150481024400 (Tshs.)
    Account Number: 0250481024400 (USD)
    Swift Code: CORUTZTZ

Program Levels Action
MODULE 1: ROLE OF THE BOARD IN INSURANCE AND REINSURANCE COMPANIES IN AFCFTA.
MODULE 2: MARKET DATA AND FSDMP 2020-2030: OPPORTUNITIES AND CHALLENGES.
MODULE 3: EFFECTIVE CORPORATE GOVERNANCE FRAMEWORK
MODULE 4: BOARD COMPOSITION AND DEVELOPMENT
MODULE 5: STRATEGIC OVERSIGHT AND RISK MANAGEMENT.
MODULE 6: ESG COMPLIANCE AND ETHICAL CONDUCT.
MODULE 7: COMPLIANCE WITH REGULATORY REQUIREMENTS.
MODULE 8: TRENDS AND DEVELOPMENTS IN THE AFRICAN INSURANCE MARKET.
MODULE 9: INNOVATION AND PRODUCT DEVELOPMENT.
MODULE 10: INNOVATION AND PRODUCT DEVELOPMENT.
MODULE 11: CASE STUDIES
BOARD OF DIRECTORS AND SENIOR MANAGERS OF INSURANCE AND REINSURANCE COMPANIES TRAINING PROGRAMME
Contact Details