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Managing Effective Corporate Insurance Programs  

 

Introduction

A global market place presents both opportunities and uncertainties for business organizations. However, business organizations competing in the global market are no longer insulated from the risk pervasiveness business landscape with lurking dangers of natural perils, terrorist attacks and bird flu pandemic.

This two day workshop provides insight of the prevalence of organizational risks and global exposures of business organizations as well as the understanding of the workings of the corporate risk management and insurance in the global context. The workshop is highly interactive with many active learning activities comprising of discussions, case studies and self-evaluation exercises. 

Course Objectives

• In just two days, get up to speed on the techniques of risk management and insurance
• Learn the techniques successfully used by risk managers today
• Confidence and competence to make the right risk management decisions
 

Course Outline

Principles of Risk Management
• What is Risk
• The Evolution of Risk Management
• Purpose of Risk Management
• A Risk Management Process
• Contemporary Risk Management Concepts
• The Cost of Risk

Scope & Limitations of Corporate Insurance
• Insurance Market: Choice of Insurers & Intermediaries
• The Insurance Transaction: Coverage to Claims Settlement
• Financial Aspects of Insurance Companies and Reinsurance Mechanism
• Legal Fundamentals of Insurance and Insurance Policy Content
• Casualty and Liability Exposures and Insurance
• Automobile Liability Exposures and Insurance
• Workers Injury Compensation Insurance
• Commercial Property Insurance
• Business Interruption Insurance
• Marine Insurance
• Crime Insurance
• Miscellaneous Insurance  

Trainer(s)

Assistant Professor Chan, Kheng Ping, Patrick

PhD, MBA, BSc(Hons), FCII, FSII, FRIM, FChFP, ARM,RFC
Dr Chan’s teaching and research interest are in behavioral finance and organizational behavior; risk management and insurance; and personal wealth management. He is currently an Assistant Professor and teaches Organization Behavior at the College of Engineering, Nanyang Technological University. He is a Certified Consultant, Asia Management Academy and a Registered Financial Consultant, USA. He is also a Fellow of Chartered Insurance Institute, UK and Singapore Insurance Institute.

Dr Chan’s consultancy focuses on Risk Assessment, Risk Mapping and Business Continuity Plan for various international companies. His international clients come from a diverse industries ranging from financial services, pharmaceuticals, energy, oil and gas, construction and engineering. His extensive research covers financial engineering and behavioral finance; insurance and risk management; and personal wealth preservation (estate and retirement planning). His research findings have been presented at oversea conferences in United States, China, Japan, Korea and Thailand. Apart from making regular contribution to professional journals, Dr Chan is also the co-author of two books, Insurance & Risk Management for Construction Industry and Risk and Insurance Management and author of a book on Personal Planning for undergraduates.

Dr Chan had previously served in the Board of Asia Pacific Risk and Insurance Association (APRIA) and Risk and Insurance Management Association of Singapore (RIMAS). He had also served as a Member of the Task Force for Personal Financial Planning for CPA, Singapore in 2006 and the Workmen’s Compensation Committee for General Insurance Association of Singapore (GIAS), Singapore for the period 2005-2007.

Dr Yee, Wah Chin, David

BBA, MBA, PhD, FCII, FSII, ARM, FRIM, FCIS, FChFP, RFC

Dr Yee is the Technical Expert for Singapore in the ISO Working Group on Risk Management and is the Chairman of the Federation of Asia, Pacific & African Risk Management Organisations (FAPARMO). He is a Director of the International Federation of Risk and Insurance Management Association (IFRIMA) and is a Board Member of the Singapore Professional Centre, and served five terms as President of the Risk and Insurance Management Association of Singapore (RIMAS).

Dr Yee was an Associate Professor in the Banking and Finance Division at the Nanyang Business School in Nanyang Technological University (NTU) and was a Visiting Professor at the Georgia State University and had held director and Principal Officer positions in insurance and risk management companies gaining valuable experience in the fields of insurance, reinsurance, broking, employee benefit plans, risk management and the management of captive insurance companies.

Dr Yee has conducted training seminars for senior corporate executives in the region and has acted as consultant to leading banks, insurance companies, the Singapore College of Insurance, General Insurance Association of Singapore, Life Insurance Association of Singapore, Association of Financial Advisers, International Association of Registered Financial Consultants, and other corporations in Singapore and overseas. He has published several books and numerous articles in local and international journals and conference proceedings. His current research interests are in various aspects of corporate risk management, insurance, and personal financial planning.

Who Should Attend

This course is designed for individuals who have accepted responsibility for managing the insurable risks that confront organizations. It will prove valuable to individuals who work with brokers and others who must make recommendations or decisions on retaining or transferring risks and purchasing insurance, It will also be valuable to individuals who are not risk managers but who seek an understanding of the risk management function.  

Course Details

Date:

1 to 2 October 2009 

Time:

9:00am to 5:00pm 

Venue:

NTU@one-north campus, Executive Centre 

Closing Date:

17 September 2009 

Fee:

Standard: SGD$590   Alumni: SGD$472   Group (3 & Above): SGD$531

 

Registration fees inclusive of:

  • Course materials

  • Light refreshments

  • Lunch

  • Complimentary parking (1 entry/day) - applicable at NTU@one-north campus only.

  • Prevailing GST

Online Registration

>> CLICK HERE to Register Online

 

Methods of Payment

1. Credit Card (Visa and Mastercard only)

2. Cheque made payable to Nanyang Technological University

3. Invoice to Company (for Company Sponsored Participants)

4. E-invoice (for Government Organizations)

Cancellation & Refund Policy

Written notification to cce@ntu.edu.sg or fax: (+65) 6774 2911 at least 10 days before course commencement

No cancellation charges
(Full refund)

Written notification within 4 – 9 days before course commencement

50% of course fees
(50% refund)

Written notification within 3 days before course commencement

100% of course fees
(No refund)

 

 

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