VANF Consulting

This course explores the relationship between strategy, governance and risk. It highlights the importance of a dynamic strategic process in delivering stakeholder value and generating competitive advantage. You will gain insight into the board-level knowledge and practical skills required to create, implement and evaluate your organisation’s strategy.

Duration: 1 day (5 hours + Lunch Break) Summary: Understanding the Technical Provisions of a P&C (Non-Life) insurer. Target: Executive and Non-Executive Directors, Senior Financial Reporting Professionals, Auditors and Regulators. This training is designed for senior stakeholders of nonlife (general) insurers who are not actuaries but seek a clearer understanding of how financial results are prepared, interpreted, and presented under different accounting and regulatory standards. Aim: This training aims to equip attendees with the confidence to engage meaningfully with actuarial and financial reporting teams, ask informed questions, and make well grounded strategic and regulatory decisions. Description: The course provides a strategic perspective on reserving and related actuarial work in P&C insurance. It emphasises the financial, regulatory, and strategic implications of the main item in an insurer’s balance sheet - the technical provisions. An understanding of the key underpinnings is essential to any senior position in insurance. No hands-on experience is required; the focus is on understanding the key drivers behind actuarial reserving decisions. This program will focus on real-life examples showing how results differ under different standards. The program highlights differences between UK GAAP, Solvency II and IFRS 17 together with their effect on reported results, instead of delving into the actuarial methodologies for calculating IBNRs. For example, we will attempt to understand how results changed in IFRS17 and the additional elements of IFRS17. Individuals are invited to bring their own set of financials to compare and discuss.

This course provides an introduction to a director’s duties and legal responsibilities and the board’s role in corporate governance and risk management. You’ll leave with confidence to tackle boardroom challenges, equipped to take your career to the next level.

This intensive course highlights the importance of strong leadership in bringing an organisation’s vision to life. It provides a valuable opportunity for directors to explore the strategic leadership issues involved in implementing corporate strategy. You will gain practical skills and techniques that can be immediately applied in your organisation.

This course provides an introduction to a director’s duties and legal responsibilities and the board’s role in corporate governance and risk management. You’ll leave with confidence to tackle boardroom challenges, equipped to take your career to the next level.

Have you been considering how you can enhance your impact and performance as a director? Do you want to gain the latest tools and techniques from expert practitioners who have a wealth of experience in board rooms across the globe? If you answered “yes” then this may be the most useful session you take this year. We warmly invite you to find out more about the IoD gold standard Certificate in Company Direction.

You can fast-track your director development with our five-day residential course. Practical learning enhanced by real-life scenarios and peer collaboration will give you knowledge and skills that you can use immediately at board level for maximum impact. As well as offering time-poor directors a faster way to upskill, the accelerated certificate is also a great solution for leadership teams wanting to develop a shared approach to governance, strategy and leadership.

The IoD along with VANF Consulting are launching the Certificate in Company Direction in Gibraltar with the Role of the Director and the Board module and Leadership for Directors modules taking place in Autumn 2024.