HUMAN CAPITAL DEVELOPMENT

THE HYDE PARK ACCORD

INDUSTRY STRATEGIC RISK FORUM

THE NEED FOR HUMAN CAPITAL DEVELOPMENT IN THE INDUSTRY

ATTRACTING THE RIGHT TALENT TO THE INDUSTRY

THE EDUCATION OF THAT TALENT

EDUCATION, PROFESSIONALISM AND BUSINESS

THESE THREE CONCEPTS ARE FULLY ENTERTWINED

SAIA, FIA AND IISA

VERY DIVERSE, COMPLEX, SOMETIMES MISUNDERSTOOD

AND UNCOORDINATED

TO DRIVE A MORE HOLISTIC APPROACH

EMPLOYER’S INCENTIVE REWARDS SCHEMES

A WIDER LEVEL OF TECHNICAL INSURANCE STUDIES

THE IISA PROGRAMMES IN INSURANCE AT UNISA

MILPARK BUSINESS SCHOOL

EMBRACE ALL REGULATORY STANDARDS OF QUALIFICATIONS

HIGHER LEVELS OF TECHNICAL INSURANCE SUBJECT MATTER STUDIES

CPD PROGRAMME

A VERY POSITIVE DEVELOPMENT AND WILL BRING OUR INDUSTRY IN LINE WITH MANY OTHER PROFESSIONS BOTH IN SOUTH

AFRICA AND INTERNATIONALLY

AGEING SKILLED PARTICIPANTS RETIRE AND OPPORTUNITIES ABOUND

“THE HYDE PARK ACCORD”

AS A FURTHER COMBINED EFFORT TO SUPPORT IMPROVING LEVELS OF PROFESSIONALISM IN THE SHORT TERM MARKET WE WILL BE LAUNCHING OUR

SOUTH AFRICANISED VERSION OF THE CHARTERED INSURANCE INSTITUTE OF LONDON’S

“ALDERMANBURY DECLARATION” TO BE CALLED

“THE HYDE PARK ACCORD”

“THE HYDE PARK ACCORD”

THE OBJECTIVES OF THIS ACCORD

GAIN INDUSTRY SUPPORT

A COMMITMENT TO A FRAME WORK OF PROFESSIONAL STANDARDS

UNDERPINNED BY CREDIBLE ROBUST MEASUREMENTS

INCLUDING BROKERS,INSURERS, REINSURERS AND LOSS ADJUSTORS

TO PRODUCE MEASURABLE BENEFITS FOR THE INDUSTRY AND WIDER SOCIETY

MR PIPKIN

“A DIPLOMA WHICH SHALL BE AS CERTAIN AND ACCEPTED AS PROOF OF EFFICIENCY AND KNOWLEDGE IN INSURANCE BUSINESS AS ARE THE

DIPLOMAS OF THE LEARNED SOCIETIES AND INSTITUTIONS CONNECTED WITH OTHER BRANCHES OF COMMERCE” (1906)

1911 CII PRESIDENT FREDERICK RUTTER

“WHAT WE WISH TO SEE IS THAT EVERY YOUTH AND EVERY

MAN OR WOMAN IN THE EMPLOY OF OUR COMPAINES

WHO HAS THE DETERMINATION TO JUSTIFY HIS

CHOICE OF THE PROFESSION IN WHICH THEY ARE ENGAGED

SHOULD IN THE FIRST PLACE BECOME A QUALIFIED EXPERT”

THE “HYDE PARK ACCORD”

A COMMITMENT TO EXCELLENCE

TRAINING AND DEVELOPMENT

PROFESSIONALISM OF INSURERS AND REINSURERS

PROFESSIONALISM OF BROKERS

PROFESSIONALISM OF LOSS ADJUSTORS

AN OVER ARCHING DOCUMENT IS IN THE COURSE OF DESIGN

WHICH WILL BE DISTRIBUTED TO

ALL POTENTIAL INDUSTRY PARTICIPANTS

THE CODES OF CONDUCT

INDUSTRY BUY IN AND SUPPORT AS WE DRIVE THE LEVELS OF PROFESSIONALISM TO HIGHER STANDARDS

NATIONAL TREASURY AND THE FSB

MEASURABLE MILESTONES WILL BE SET AND ACHIEVED ALONG THE WAY

“HYDE PARK ACCORD”

THANK YOU FOR YOUR INTEREST AND FUTURE SUPPORT FOR THE

HYDE PARK ACCORD AND OUR

HUMAN CAPITAL DEVELOPMENT PLANS