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MITC kick-starts 2021 with a range of new CPDs and training

13 Jan 2021

Please find below some of MITC Continuing Professional Development (CPD) courses, for the 2021:

IFRS17

Are you involved in insurance accounting?

IFRS 17 is an International Financial Reporting Standard that was issued by the International Accounting Standards Board in May 2017. It will replace IFRS 4 on accounting for insurance contracts. It is applicable to insurance and reinsurance contracts which the insurer issues, reinsurance contracts it holds and investment contracts with discretionary participation features.

The aim of IFRS 17 is to standardise insurance accounting globally to improve comparability and increase transparency, and to provide users of accounts with the information they need to meaningfully understand the insurer's financial position, performance and risk exposure.

If you work in an insurance accounts department or are involved with the accounts of insurance entities, this webinar is crucial as it will update you with the requirements and obligations of this new accounting standard. Learn more...

Implementing lean management in the insurance sector

Is your organisation running on auto mode? It is time you looked at lean management?

Lean management is an approach to managing an organisation that supports the concept of continuous improvement and a long-term approach to work that systematically seeks to achieve small, incremental changes in processes in order to improve efficiency and quality.

During this live online session, you will be presented with practical solutions to areas of management, which you can use in your daily work. This will have a tangible return on your company’s corporate goals, organisational strategies and projects undertaken. Learn more...

Maintaining and updating a risk register

If you work in a risk environment, you would have undoubtedly heard of the risk register or have even been asked to draw up a risk register for your organisation or update the existing one. However familiar you are with such a requirement, this seminar will surely assist you with your risk duties.

An experienced risk practitioner will deliver the session on risk registry and equip you with the necessary skills to use the risk register in a systematic way. The goal is to aid you in capturing valuable information to support relevant stakeholders in making informed decisions and strengthening your internal control framework.

Apart form the actual risk register compilation, the session will also cover best practices, avoiding pit falls, risk-based decisions and optimal maintenance. Learn more...

Developing a comprehensive training needs analysis programme

Training need analysis is the process of identifying training and development needs of employees so that they can do their job effectively. It involves a complete analysis of training needs required at various levels of the organisation.

If you need insight into the importance of an organisational analysis supported and complemented by data collection with a view of identifying performance gaps where training is required, this course will enable participants to set training objectives, design the training programme/s that best suits the company’s needs as well as identify follow up actions to ensure that training results endure. Learn more...

Diploma in Insurance M05

If you aim to obtain a diploma in insurance then you will need this compulsory unit! 

The course covering M05 will prepare you to take on the assessment set by the Chartered Insurance Institute, UK. This unit is part of the prestigious DIPCII an international qualification conferred by the reputable Chartered Insurance Institute. 

Insurance law is one of two compulsory units making up the Diploma in insurance qualification (the other being M92 Economics and Business). The training programme covers the insurance principles and the general aspects of contract and agency law among other topics.

During the programme, participants learn about the essentials of a contract related to insurance, agency and commercial agreements. It also covers the very fundamental principles of insurance namely insurable interest, utmost good faith, proximate case, indemnity, subrogation and contribution.

The programme also appeals to those working in underwriting and claims as it provides important knowledge and insight on insurance practice from the legal and technical perspective. Learn more...

 

For more information about our training sessions, please click the links below:

List of Webinars

List of Courses