Sanctions Risks for the Insurance Industry

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.

Certificate of Attendance:

All active ACSS membership will be able to download the certificate from the Learning Management System (under the achievements tab).