This regional program is designed to help participants examine topics on:
• The importance of taking a proportionate approach to regulation and supervision to improve access to insurance services and ensure low-income consumers are adequately protected.
• Recent practices and ideas from selected jurisdictions that have advanced the field of microinsurance.
Expected Outcomes: The Toronto Centre uses a highly interactive approach to teaching to reinforce learning on both the technical issues as well as leadership skills. Through the use of case studies, lectures and exercises, participants will be equipped to better understand:
• The importance of promoting financial inclusion in their home jurisdictions
• How sound supervisory principles can be applied in a manner that encourages the development of an inclusive insurance market
• The importance of innovation for inclusive insurance markets
• How to promote financial inclusion by encouraging supervisors to be adaptable in their roles to properly respond to innovative solutions
• Prudential and market conduct issues in overseeing inclusive insurance markets.
Moreover, throughout the week and with the guidance of Toronto Centre’s program leaders, participants will put into practice Toronto Centre’s action planning for dealing with challenges faced at the workplace as well as stakeholder management communication concepts. This is to enable participants to develop their own action plans to implement in their home agencies when they return.
Medium of Instruction: The course will be conducted in English.
Target Audience: The course is targeted at middle-to-senior level officials from regulatory and supervisory agencies involved in the regulation and supervision of microinsurance in Asia.