WEBINAR: How insurance intermediaries can cope financially

Monday, 20 April 2020
2:00 pm – 3:00 pm (UK time)

The Insurance and Actuarial Society of Glasgow is happy to announce that their next CPD event will focus on how insurance intermediaries can cope financially.

This webinar will focus on the current financial aspects of riding this storm - overall business solvency, (compliance with adequate resources COND 2.4), looking at key areas of the business, responsibilities of senior managers, etc.

In one hour, we will also focus on reviewing expenditure, reliance on key clients, HMRC help, furloughing, cutting unnecessary spending and looking ahead.

Learning objectives:
By the end of this webinar delegates will have gained an insight into:

  • What are the FCA’s expectations right now
  • Assessing overall business solvency
  • Carrying out a review of all expenditure
  • Reviewing exposure to key clients
  • Taking advantage of what HMRC is making available
  • Furloughing and other staff matters
  • Looking ahead to the next stage of any cost reduction
  • Does your business interruption insurance cover any of this?
  • Responsibilities of Senior Managers at this time

Speaker:
Branko Bjelobaba FCII has worked for 32 years across the sector and latterly at PwC and GISC and has led his own consultancy practice for 16 years. He works closely with BIBA (and has published its compliance manual since 2004) and the CII and has provided many well-received (even entertaining!) training events throughout the UK. He is a recipient of the Thomson Reuters Compliance Personality of the Year Award and the London Market People Award for Legal and Compliance.

CII Accredited

This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.

1 hour's CPD can be claimed for this event if relevant to your learning and development needs.

It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.