The prevailing focus of articles, events, and courses about Operational Risk is primarily the banking industry, particularly in the wake of the 2008 financial crisis and a wave of recent cyber-attacks. But the insurance industry also faces significant operational challenges and risks like conduct and cyber pose an increasing challenge.
A strong operational risk framework provides a multitude of benefits to an insurance company. It strengthens the relationship with regulators and can prevent costly fines. It improves company culture and creates an ethical work environment. It protects the reputation of the company and safeguards your clients. Risk's Operational Risk for Insurers training course will provide delegates with strategies to attain these benefits.
Risk's two day training course will present a best practice approach to operational risk management in the insurance industry and will provide a thorough introduction to implementing operational risk practices. The course will examine risk reporting, risk identification and scenario analysis & planning. Sessions will also cover key risk indicators and assessing your risk as well as looking at the pressing topics of conduct risk and cyber risk.