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Seminar S4: WEDNESDAY 18 June 2014 Compliance solutions for global insurance programmes

Seminar S4: WEDNESDAY 18 June 2014 Compliance solutions for global insurance programmes A new database for Airmic members: Insight Risk Manager Airmic and Axco. Compliance of global insurance programs is an increasing concern for insurance buyers

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Seminar S4: WEDNESDAY 18 June 2014 Compliance solutions for global insurance programmes

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  1. Seminar S4: WEDNESDAY 18 June 2014 Compliance solutions for global insurance programmes A new database for Airmic members: Insight Risk Manager Airmic and Axco

  2. Compliance of global insurance programs is an increasing concern for insurance buyers It is often difficult to obtain information about legal requirements in different territories Buyers of global insurance programs need access to information on legal requirements Axco has been working with Airmic and insurance brokers to develop a database for insurance buyers This workshop is an opportunity to explore and evaluate the information in the database

  3. Presentations and discussion: • Why the database was developed: Helen-Clare Pope, Tesco • Who the database is for: Karen Gorman, Willis • What the database includes: Tim Yeates, Axco • Demonstration of Insight RM: Daniel Brougham, Axco • Chair: Paul Hopkin • Technical Director, Airmic

  4. Growing awareness that ‘non-admitted’ may not be sufficient Global compliance a concern over many years for buyers Conflicting information from insurance companies Insurers information pertains to insurers compliance Why the database was developed: Helen-Clare Pope, Tesco

  5. Who the database is for: Karen Gorman, Willis • Principally Airmic members responsible for insurance purchasing • When to consult your broker • Industry specific regulations not covered • Market practice versus regulation • Advice on actual insurer solutions to issues covered by database

  6. Question & Answer format with question designed to address key compliance issues of buyers Designed to allow users to select countries and questions specific to their information requirements Information is delivered on an ‘as is’ basis Content update policy and information gathering process will replicate the tested Axco model Airmic and Axco will continue to work together to develop the database in response to user and industry feedback What the database includes: Tim Yeates, Axco

  7. Access route Registration Process Functionality Demonstration of Insight RM: Daniel Brougham, Axco

  8. Seminar S4: WEDNESDAY 18 June 2014 Compliance solutions for global insurance programmes A new database for Airmic members: Insight Risk Manager Airmic and Axco

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