Inclusive Insurance Training Program for Supervisors in Asia
32 middle- to senior level insurance supervisors from 12 countries in Asia participated in the Inclusive Insurance Training Program for Supervisors in Asia that was hosted by the Office of Insurance Commission Thailand and jointly organized by A2ii, the ASEAN Insurance Training and Research Institute (AITRI), Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH (GIZ), the International Association of Insurance Supervisors (IAIS) and the Toronto Centre.
Based on a highly interactive teaching approach, the course aimed at reinforcing learning on both technical issues as well as leadership skills. Lectures dealt with a broad range of topics from supervisory principles encouraging inclusive insurance markets, the importance of innovation and respective supervisory responses to prudential and market conduct issues in overseeing inclusive insurance markets.
The training module is based on the IAIS Application paper on the regulation and supervision of inclusive insurance markets. It was complemented by many group exercises and two case studies on the approaches of Ghana and Philippines in developing inclusive insurance markets as well as an input from IRDA India on the evolution of their microinsurance regulation and regional Asian perspective on inclusive insurance.
Throughout the week, participants worked on their own action plans to tackle their own specific challenges in supporting inclusive insurance markets in their home jurisdictions.
