Training - Governance in insurance

How long does the training course last?

1,50 hours(s)

In which language(s) is the training course taught?

EN FR

When will the next session take place?

Who is organising this training course?

PwC Academy leverages PwC’s expertise to deliver world-class learning experiences to organizations across all industries and regions. Our objective is to help professionals develop their knowledge, skills, competencies, and expertise, enabling them to support and drive the growth of their organizations.

Who is the training course aimed at?

Professionals of the insurance/reinsurance industry
Insurance and reinsurance intermediaries (brokers, agents...)
Stakeholders involved in the insurance industry ecosystem (e.g. asset managers, bankers...)

What are the aims or the skills being targeted?

In the dynamic and highly regulated world of (re)insurance, adherence to governance and compliance standards is crucial for ensuring the stability, integrity, and reputation of (re)insurance organisations.

This training is designed to equip (re)insurance stakeholders with the knowledge and skills necessary to navigate the complex landscape of insurance governance and compliance.

By the end of this training, participants will have a comprehensive understanding of insurance governance and compliance, enabling them to contribute to the success and sustainability of the (re)insurance organisations while ensuring the trust and confidence of policyholders and regulators alike.

What does the training course cover?

Key governance requirements as per Solvency II rules
Focus on AML-CTF requirements:

Regulatory environment and AML insurance key concepts
Introduction to AML key concept
AML framework theorical (general and local)
AML update 2023
AML focus on insurance in practice
Focus on the CAA approach on AML-CTF supervision

What other information is useful to know?

This training is coordinated by Marc Voncken, Partner at PwC Luxembourg and will be delivered by experts from PwC Luxembourg's Insurance sector.

Marc Voncken is a partner specialising in the financial services industry, with a focus on insurance and reinsurance. He has extensive experience auditing subsidiaries of international groups under Luxembourg GAAP and IFRS, including captive reinsurances, as well as auditing real estate structures. His audit work covers statutory audits, group reporting packages in IFRS and US GAAP, limited reviews, agreed-upon procedures, and Sarbanes-Oxley compliance audits for US registrants. Between 2017 and 2019, Marc advised insurance companies on Brexit relocation projects and currently supports international industrial groups with captive reinsurance feasibility and implementation. He has also provided operational and regulatory advice on financial due diligence, group structuring, and Solvency I and II analyses.