Risk and insurance seminar set for Windhoek
Leading risk management and insurance players, including key regional insurance regulators from across southern Africa, will take part in Commercial Risk Africa’s Risk Frontiers – Southern Africa: Driving the risk management agenda.
The one-day seminar, which takes place on 8 September in Windhoek will cover issues that include: Regulation, Political risk and political violence, Global legacy and sustainability issues, Financial risk, Operational risk; and Risks around human capital and the skills gap.
The unique event invites risk practitioners from across the region to meet with both local and international experts, to share best practices and exchange their knowledge.
According to event manager, Commercial Risk Africa, Annabel White, economic growth in Sub Saharan Africa has been one of the defining trends in frontier markets. Economies that had been dormant for years have emerged to attract billions of pounds of foreign investment into their natural resources, infrastructure and consumer goods sectors. The economy of SSA is the fastest growing insurance region, behind emerging Asia, with premium growth of 4.5% to 5% expected in 2016 and 2017.
“However, as the business environment changes at a rapid pace, it is essential for business to maintain a disciplined risk management approach,” White added.
The one-day event is set to provide an unparalleled opportunity for risk practitioners to interact with specialists from across the world.
With insurance regulators from South Africa and Tanzania attending, the event will focus on the challenges for businesses in maintaining compliance in a fast changing regulatory environment.
Meanwhile, speakers and panellists will include: Kholisani Dlodlo, Regional Representative,
Michael Ferendinos, Chief Risk Advisor, IRMSA, Max Fulton, Compliance/Regulatory Consultant Indian Ocean and Africa, David J Harpur, Chief Executive of The Insurance Institute of South Africa
Ben Kajwang, CEO, College of Insurance Kenya, Israel Kamuzora, Commissioner of Insurance, Tanzania Insurance Regulatory Authority, Gillian Le Cordeur, CEO, IRMSA, Kerwin Martin, Head, Insurance Prudential Supervision Department, Financial Services Board South Africa, George Nicholls, Senior Partner Southern Africa, Control Risks and Alexandra Russell, VP SHE: Strategy, Policy and Sustainability, Sasol Chemical Industries.
Delegates will also hear from experts about how to manage the rapid depreciation of African currencies, both from a local and international perspective.