Governance in insurance - Compliance

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.

• 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

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

Marc is specialised in the Financial Services industry with a focus on insurance and reinsurance. He has significant experience in the audit of subsidiaries of international groups reporting under Luxembourg GAAP and IFRS, including captive reinsurances.

Additionally to financial audit, Marc has advised several international groups on operational and regulatory topics in relation to the insurance and reinsurance industry.