Strategic Insurance Management for Senior Executives (SIMFSE)
Advanced international training programme for insurance executives in South Eastern African countries.
Duration: May – December 2002.
Duration: March 2001- February 2002.
Duration: January 2001- February 2002
The programme was implemented on three separate occasions.
Programme Objectives
The objective of the programme was to give participants practical exercises dealing with the essential risks and potentials offered by insurance operations in an increasingly dynamic marketplace. Participants could actively understand the multiple role of government and private insurance organisations as a major factor in risk control and provision of economic guarantees as well as investors in society’s infrastructures. Through contacts with the Swedish insurance industry the participants could enlarge their international network and identify partners for further co-operation.
Topics covered included:
1. The respective roles of the private insurance sector and state insurance structures and the implications of privatisation and market restructuring.
2. A business game that integrates issues such as organisational development in response to competitive pressures.
3. The relationship of company strategy and solvency: balancing legal requirements and optimal use of capital.
4. The assessment and development of staff competencies as a tool for profitability and future innovative force.
The programme consisted of three phases. During Phase 1 the course management visited the participants to ascertain special requirements. Before Phase 2 in Stockholm each participant provided the course management with an outline of his or her insurance marketplace together with an outline of insurance related issues, to be dealt with on a national or industry level. The course length in Stockholm was three weeks (October 2 -26, 2002) and includes lectures, study visits, individual and group assignment. Phase 3 consisted of a 6 months follow-up advisory period after the course at the conclusion of which the course management will provide additional on site advisory services.