A Practical Guide to Estate Planning: Trusts & The Essentials of Corporate Governance for Insurance Professionals 1

A Practical Guide to Estate Planning: Trusts

This highly interactive session is the second in the series of sessions designed to provide participants with knowledge and understanding of key instruments used in estate planning.

 

The Essentials of Corporate Governance for Insurance Professionals 1

This workshop is designed to educate participants on corporate governance as a system of rules, practices, and processes by which an insurance company is governed. It includes corporate structure (board of directors, senior management, business area functions, etc.), the company’s organizational culture (values, ethics, etc.), strategies, controls, as well as all the governing documents that capture the spirit and the letter of a company’s guiding principles and mandates.

A Practical Guide to Estate Planning: Trusts Attendees at this session will gain an understanding of the following:

• What is a trust
• The roles of core participants involved in the trust
• The types of trusts
• Legal considerations
• How trusts are used in the estate planning process.

The Essentials of Corporate Governance for Insurance Professionals 1 At the end of the session, participants will:

1. Be exposed to the organisational structure and role of corporate governance.
2. Understand governance issues as stipulated by the Insurance Act 2018 (as amended) and CBTT guidelines.
3. Understand control functions such as risk management, compliance, audits, reporting to the Board and whistleblowing.

A Practical Guide to Estate Planning: Trusts Raphyl Williams, LLM (Merit), LLB (Hons), LEC, FCCA, AMLCA Mr. Raphyl Williams, former Director of Education at the TTII, is also a part-time lecturer with the TTII, Attorney at Law, and has operated in a number of senior positions including Managing Director and Chief Financial Officer for a number of organisations within a major conglomerate. Mr. Williams holds a Master’s degree (LLM) in Commercial and Corporate Law and a Bachelor of Laws Degree (LLB) from the University of London. He is also a Fellow of the Association of Certified Chartered Accountants (FCCA) and a member of the Institute of Chartered Accountants of Trinidad and Tobago   The Essentials of Corporate Governance for Insurance Professionals 1 Ulric Miller, FLMI, ACS, AIRC, CAMS Mr. Ulric Miller is certainly no stranger to the Insurance Industry and has over 45 years’ experience. More specifically, his role as a TTII lecturer and trainer has spanned a diverse range of subject areas namely Long-term Insurance Business, AML/CFT/CPF, strategic planning and Ethics. His historical roots run deeply in the TTII, as he also served as President of the Council of Trustees. Regionally, he has held the position of 1^st Vice President of the Association of Insurance Institutes of the Caribbean (AIIC). He has also served as an adept change manager with special experience in leveraging IT, possesses a highly successful track record in Customer Relationship Management, Strategic Management and Scenario Planning. His unwavering dedication to leadership and management is reflected in his service as a member on various state and private boards.   Mr. Miller holds the designation as a Fellow of the Life Management Institute which demonstrates his in-depth knowledge and expertise in the field of long-term insurance management. Among his other accolades are Certified Anti-Money Laundering Specialist (CAMS) and Associate in Insurance Regulatory Compliance (AIRC).