The Essentials of Corporate Governance for Insurance Professionals 1 and The Insurance Act 2018 & You

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.

The Insurance Act 2018 & You

This workshop is designed to educate participants about their requirements under the IA 2018 and Regulations. They will gain a comprehensive understanding of their obligations and the consequences of non-compliance with the Insurance Act and Regulations.

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 IA (2018) and CBTT guidelines.
3. Understand control functions such as risk management, compliance, audits, reporting to the Board and whistleblowing.

  The Insurance Act 2018 & You At the end of the session, participants will be able to:

• Understand their obligations as intermediaries under the Insurance Act 2018 and Regulations 2020.
• Understand the consequences of non-compliance with the Insurance Act 2018 and Regulations 2020.

 

The Essentials of Corporate Governance for Insurance Professionals 1 Mr. Miller holds the designation as a Fellow of the Life Management Institute, Certified Anti-Money Laundering Specialist (CAMS) and Associate in Insurance Regulatory Compliance (AIRC). He has also led the charge as an adept change manager with a leading insurer with special experience in leveraging IT, possesses a highly successful track record in Customer Relationship Management, Strategic Management and Scenario Planning. His qualifications coupled with his unique skill and competencies demonstrate his aptitude as a well-versed lecturer / trainer.   More specifically, his role as a TTII lecturer and trainer has spanned a diverse range of subject areas namely Ethics, 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). Not only is Ulric a well-versed subject matter expert, but with over 45 years’ experience, his role in the TTII and as an industry professional, he has been very instrumental in developing and preserving the knowledge landscape for the industry’s human capital. His unwavering dedication to leadership and management is reflected in his service as a member on various state and private boards.   The Insurance Act 2018 & You Mr. Williams who is the TTII’s Director of Education, is also an 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 (ICATT).