The training was held from 2nd to 4th of December 2008 at Safari Park Hotel. Sixty (60) Directors from
various Insurance Companies attended the training.
The main objective of the course was to enable the directors of insurance companies to:
Broaden their knowledge and understanding of corporate governance in the insurance industry
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Understand their duties, roles and responsibilities as direction setters in the industry
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Build their leadership and teamwork skills
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Be exposed to the challenges of good corporate leadership in the insurance industry
The broad areas covered by presenters included:-
Distinguishing the role of the Board and that of the Management
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Corporate governance challenges in the insurance industry
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Legal framework of the insurance industry
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The liabilities of directors in the insurance industry
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Corporate Social Responsibilities and the role of the Board in setting corporate governance
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The role of directors in strategic Human Resource and in motivation
A case study on Human Resources Dynamics and the Board dynamics was given to directors for analysis. An interactive session followed where each group presented its analysis to the presenters. At the end of the training, the Directors were requested to be more aware of the environmental dynamics and to be adaptive to change.
