Managing Compliance in General Insurance – Sydney

Proudly presented by The General Insurance Compliance Academy ™

A practical, business-focused compliance workshop for people working in the general insurance industry

PURPOSE

The purpose of this unique, general insurance (GI) compliance workshop is to provide participants with the insights, tools and understanding to manage the challenges posed by a volatile regulatory and compliance environment.

Compliance that Protects

You will learn how compliance can protect your business and its brand, people & customers from harm & detriment and be aligned and provide value to your business operations.

BACKGROUND

The regulatory environment in the general insurance sector is complex, difficult to navigate and continues to change. Add to this the increased oversight & scrutiny from ASIC, APRA, AFCA, CGC & IBCCC. Together with rising consumer expectations and higher standards of conduct & behaviour through the GI Code of Practice and the Insurance Brokers Code of Practice & you have a melting pot of potential harm and detriment waiting to impact your business, brand, people & customers.

It is with these challenges in mind that Paul Muir, a leading compliance specialist to the general insurance industry, has designed a compliance learning experience specifically for people working in the GI industry.

Earn CPD and CIP Points

NIBA Members earn 6 CPD points for attending this workshop.

ANZIIF Members earn 6.75 CIP points for attending this workshop.

Compliance-Advocacy-Solutions-logo

“This workshop is a must-do for anyone in a compliance role within the insurance industry. Paul’s expertise provided exceptional depth of knowledge and practical insights. I acquired a greater understanding of regulatory requirements and effective strategies for implementing and upholding compliance within our organisation.”

Jessy Harrington
Major Loss and Technical Claims Manager

WORKSHOP APPROACH

The workshop will take you on an engaging journey, adopting story-telling and real-life scenarios, to explore the challenges and opportunities of compliance in General Insurance through lived experiences.

THE WORKSHOP WILL COVER:

Session 1 – People and Culture

  • understanding the true purpose of compliance;
  • engaging your people, external representatives & material service providers so that they will embrace compliance through their conduct and behaviour; &
  • setting up people as an early warning system so that incidents, breaches & complaints are raised & reported in a timely manner

Session 2 – Changes, monitoring and focal points

  • A practical overview of insurance financial service laws and Codes
  • Upcoming regulatory & Code changes;
  • Impact of current Parliamentary inquires; and
  • 2024/25 areas of regulatory scrutiny and focus

Session 3 – developing and implementing a fit-for-purpose and tailored compliance framework based on the 4 pillars of Compliance:

  • Governance & Frameworks
  • People & Culture
  • Process & Procedures
  • Systems & Reporting

Session 4 – developing and implementing a fit-for-purpose and tailored Monitoring Program covering:

  • Your people;
  • Authorised representatives; and
  • Material service providers.

AUDIENCE

This workshop is suitable for anyone in the general insurance industry who is impacted by the challenges of compliance.

The workshop has been designed to provide practical, business focused solutions and outcomes therefore it is ideal for people from both business areas and specialist teams.

The workshop is relevant for:

  • APRA regulated insurers
  • Underwriting agencies including Lloyds Coverholders
  • Insurance brokers
  • Claim Managers and TPA’s
  • Claim Service Suppliers
  • Material Service Providers
  • Insurance distributors

Cost $675 per person

LOCATION: FISHBURNERS SYDNEY | 24 OCT 9-4PM