Inclusive Insurance Training programme for Caribbean supervisors
Advancing Financial Inclusion and Dealing with Climate Risks: Innovation and Proportionality in Insurance
28 September – 8 October 2020
Virtual Program – All times are EDT
Upon completion of the two-week program, participants will better understand:
The importance of promoting financial inclusion.
How to apply robust supervisory principles and effective monitoring tools to foster the development of an inclusive insurance market.
How to promote financial inclusion, encouraging regulators and supervisors to adopt proportional approaches that enable advances in financial innovation, while maintaining an adequate balance with the prudential objectives of stability, integrity and market conduct.
The nature of climate-related and other environmental risks, their effects on insurers, economies, and consumers, and how to enhance supervisory risk assessments and response capabilities for dealing with climate- related and other environmental risks.The importance of innovation and new technologies in the development of new insurance products and alternative distribution channels that enable the inclusion of typically marginalized segments of the population and efficient coverage of emerging risks, such as climate change.
The training is based on a highly interactive teaching approach to strengthen learning, both in technical topics and in leadership skills. By combining presentations, case studies, the use of real examples in the region, exercises and group discussions, participants will be better equipped to understand and implement lessons learned.
In addition, throughout the week participants will develop their own action plans to deal with country-specific issues in these areas. After the program, Toronto Centre and Access to Insurance Initiative will follow up with countries to provide additional guidance and support for their action plan implementation efforts.
Target audience: This training is aimed at middle-to-senior level supervisors from Regulatory Authorities across member countries of the Caribbean Regional Technical Assistance Centre (CARTAC) who are either currently involved in or may have future oversight of the regulation and supervision of inclusive insurance (microinsurance) products.
All sessions and materials will be delivered in English.
We are the implementation arm of the International Association of Insurance Supervisors (IAIS) on Inclusive Insurance. We generate and disseminate knowledge, build capacity, contribute to IAIS standard-setting, we foster learning and dialogue, support implementation at the regional and national levels, and participate in global advocacy processes.