Sanctions Risks for the Insurance Industry

April 6, 2023 | 09:00 AM – 10:15 AM EST

ACSS Webinar

CSS Credits: 1

Duration:

75 minutes

Speakers:

  • Saskia Rietbroek, CSS, Executive Director | ACSS

Moderator:

Alexander Witt CSS, Sanctions & Export Controls Consultant, ACSS

Date:

Thursday, April 6, 2023

Time:

  • 09:00 AM – 10:15 AM New York (EST)
  • 02:00 PM – 03:15 PM London (GMT)
  • 03:00 PM – 04:15 PM Amsterdam (CET)

Description:

This webinar focuses on sanctions developments affecting the insurance industry.

Insurance companies are subject to many of the sanctions regulations targeting countries such as Russia, Belarus and Iran.

The sanctions risk for insurers is changing rapidly, as the crimes and regulations are becoming increasingly sophisticated, leaving them as vulnerable as their counterparts in the financial sector.

This webinar will provide insurers and those who do business with them the tools to proactively identify, assess and manage their risk.

Real world case studies will demonstrate the regulatory perils and the adverse impact on business when insurers miss the hidden sanctions risks.

When you attend this webinar, you will:

  • Identifying the hidden, indirect risks in business relationships for insurers
  • What happens when your counterparties, bank, or reinsurer identifies the risks before you do?
  • Learn how your data may increase your hidden risk
  • Leveraging your systems and vendors to better control risk and explain your rationale to regulators
  • Evolving role of compliance officers in insurance

During the webinar, participants will have the opportunity to contribute questions online.

Event Registration

Members of the Association

This webinar is included in your membership
and you will be sent login details by email a
day before the webinar.

If you would like to register for the webinar
in advance, so that it is entered into your calendar.

Non Members of the Association

You must be a member in order to attend this webinar.

To learn about ACSS membership, click here.

 

 

Speakers

Saskia Rietbroek, CSS

Executive Director
ACSS

Saskia is the Executive Director and Co-Founder of the Association of Certified Sanctions Specialists (ACSS), a professional membership body for sanctions professionals worldwide. She is a Certified Sanctions Specialist (CSS) and Certified Anti-Money Laundering Specialist (CAMS) and an industry leader in financial crime topics. Saskia has over 15 years of Sanctions/AML experience in the U.S., Latin America and Europe. Her global footprint enables Saskia to apply valuable expertise and insight into international training and financial crime compliance projects.

She is a frequent speaker in English, Spanish and Dutch on a variety of financial crime topics.

She earned law degrees from Leiden University (Netherlands) and Universidad La Católica (Lima, Peru), and was admitted to the Lima Bar Association. She also holds an international MBA from Florida International University. She speaks fluent Dutch, English and Spanish, as well as basic German.

Alexander Witt CSS

Sanctions & Export Controls Consultant
ACSS

Alexander Witt is a Sanctions & Export Control Consultant for the Association of Certified Sanctions Specialists (ACSS). He is an expert in EU, US, and German Sanctions and Export Control Laws and Regulations. Previously Alexander worked as a Sanctions & Export Control Consultant at Full Circle Compliance and as an Export Compliance Officer at Fujifilm Europe in the Netherlands.

Customer Testimonials

“I really appreciated the detail and references on the slides, very helpful”.

Scott Kinney, CAMS

Compliance Manager Global Sanctions Group, Wells Fargo Bank, N.A.

“Great job. Very informative”.

Brianna Long

Senior Compliance Analyst Compliance and Risk Investigations and Analysis, Convera