fr
en
Consequences of insurers' failure to meet regulatory obligations
Insurers' regulatory obligations have practical consequences for their operations and risks. Identify non-compliance situations and analyse their implications to guide preventive action. Strengthen vigilance and dialogue between the functions concerned.
- Duration
- 4 days 28 hours
- Code
- BFA008FR Code
Presentation
In a sector where insurance regulations change every year, a simple oversight can be costly. This 4-day insurance compliance course is intended for legal, compliance, actuarial, underwriting and management teams seeking to turn obligations into a competitive advantage. You will explore the essential rules, regulatory risks and ACPR sanctions your company faces.
Each half-day combines structured presentations, ACPR case studies and practical experience sharing. You will analyse insurance ethics, technical obligations (Solvency II, classification and provisions), financial obligations (SCR and reporting), and litigation, financial and reputational risks. Short scenarios conclude each session to test your responses immediately.
By the end of the course, you will know how to anticipate breaches, avoid sanctions and embed an ethical culture within your organisation. You will leave with ready-to-use compliance tools, confidence in your ability to anticipate pitfalls and the assurance of making regulatory compliance a driver of credibility and stability.
Objectives
- Identify and characterise all rules and regulatory obligations applicable to insurance activities, including their objectives, scope and sources: the French Insurance Code, European directives, prudential standards and conduct rules;
- classify different types of rules and obligations (prudence, solvency, business conduct, customer protection, anti-money laundering, reporting, etc.) and identify their operational scope;
- describe professional ethics and ethical principles specific to insurance and their relationship with the regulatory framework;
- identify and assess legal, financial and reputational risks arising from failure to comply with regulatory rules and obligations;
- develop and implement effective internal procedures to ensure compliance and avoid administrative, criminal or civil sanctions;
- apply monitoring and alerting best practices to prevent violations or breaches;
- understand the types and scale of sanctions faced by companies and their executives for non-compliance (fines, injunctions, withdrawal of authorisation, market exclusions, criminal liability, etc.).
Program
Module 1: Understanding insurance ethics
- Overview and importance of professional ethics in the insurance sector.
- Sources of ethical rules, including codes of conduct and industry guidelines.
Module 2: Understanding regulatory rules and obligations
- Technical insurance rules and obligations, including insurance policy management and pricing.
- Financial rules and obligations for insurers, including solvency and reserve establishment.
- Key commercial and customer protection obligations, such as the duty to advise and information transparency.
Practical case studies illustrating the application of these rules.
Module 3: Managing risks associated with regulatory non-compliance
- Technical and litigation risks, including disputes and contractual non-compliance.
- Financial and reputational risks, including monetary losses and damage to brand image.
- Prevention and control methods to anticipate and mitigate these risks.
Module 4: Understanding sanctions for non-compliance
- Disciplinary and criminal sanctions faced by insurers, including fines and prohibitions on operating.
- Other sanctions, including administrative penalties and civil damages.
Audience
This course is intended for:
- Claims managers and handlers in insurance companies, brokerages and agencies who need to master regulatory rules and obligations to avoid risks.
- Finance directors, technical directors and accountants who need to learn how to avoid sanctions arising from non-compliance.
- Business leaders and legal professionals seeking to manage the risks and legal consequences of insurance regulatory non-compliance.
Prerequisites
This course requires the following prerequisites:
- Basic insurance sector knowledge: an understanding of how an insurer operates and its legal and financial environment.
- Professional experience: experience in a legal, accounting, claims management or executive department of an insurance company or brokerage.
- Understanding of compliance challenges: basic knowledge of insurance compliance and risk management concepts.
Teaching and assessment methods
- Initial skills assessment
- Training materials provided to participants
- Continuous assessment throughout the course
- End-of-course feedback questionnaire
- Combination of theory and practical application
- Attendance records
- Post-course follow-up evaluation
- Case study
Course highlights
- Mastery of compliance challenges: the course helps you identify and anticipate legal, financial and reputational risks associated with non-compliance with insurance regulatory rules and obligations.
- Understanding sanctions: learn to recognise disciplinary, criminal and administrative sanctions to avoid them more effectively.
- Practical, interactive approach: teaching combines short presentations, real case studies and interactive discussions for immediate application.
Dates and sessions
Choose the date and delivery format that suit you.
No upcoming sessions are currently available.