How To Learn About An Enterprise Risk Management

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•Expanded session descriptions •Full calendar of Acumen events •Easy on-line registration

•Quick access to speaker’s e-mail and firm web site

•Leaving questions to be answered at the course xcellent breadth of coverage of a very

complex series of regulations...”

•

Senior Treasury Analyst,

idian Credit Union

“Presentations were clear even though topics were complex.”

•

Chief Financial Officer,

Société Générale

“Suffice it to say that the conference deliv-ered on my expectations...A lot has been

taken away from this conference... $ well spent...”

•

V.P. Risk Management Advisory,

Brunswick Credit Union Stabilization Board

“Best conference I’ve ever attended.”

•

Senior Manager, Enterprise Hedge Accounting and Derivative Reporting

Royal Bank of Canada

lped to clarify my understanding or requirements of ORSA...”

•

Risk Management Consultant,

Empire Life Company

“Well rounded. Good flow.”

•

Manager, Capital Risk,

RSA

“Speakers were very knowledgeable, materials were current...examples and

materials were relevant and well presented.”

•

Derivatives Accountant

Agrium Inc

Knowledge and Skills for Satisfying ORSA

This practical, in-depth two-day course will provide you with the following skills that will enable you to:

• Implement an advanced yet practical ERM framework • Quantify strategic and operational risks

• Clearly define risk appetite on a quantitative basis • Integrate ERM into decision making, such as strategic planning, strategic & tactical decisions and transactions • Avoid the 5 common mistakes of risk identification • Evaluate your ERM program against 10 key ERM criteria • Conduct effective qualitative risk assessment surveys • Develop a risk categorization and definition (RCD) tool • Develop risk scenarios using the Failure Modes and Effects Analysis (FMEA) technique

• Learn techniques to build buy-in with key stakeholders The skills developed at this course will provide you with the tools to advance an ERM program that is robust yet practical, and that builds the critical buy-in from executives, the board, and external stakeholders. As well, you will be able to successfully carry your program forward in the years to come.

Practical Techniques for Developing an Effective ERM Program to

Satisfy Regulators and Enhance Risk-Reward Decision Making

May 27 – 28, 2014 • Toronto

OSFI ORSA Requirements – Understanding and Meeting The Challenge

ERM and ORSA

for Insurance Companies

F u l l P r o g r a m D e t a i ls I n s id e

R e g ist e r N ow ! C a ll (4 1 6) 5 0 4 &6 9 5 2 , F a x (4 1 6) 5 0 4 &6 9 7 8 o r o n lin e :w w w .a c u m e n inf o rm at io n .c o m

ERM and ORSA for Insurance Companies is for individuals involved with identifying, measuring, managing, or disclosing risks, or those with oversight over those functions including:

• Heads of ERM programs, such as Chief Risk Officers (CROs) or those functioning in that capacity

• Corporate ERM team members that conduct qualitative risk assessments or build models to quantify risks

• Heads of Internal Audit

• Senior executives, such as CEOs and CFOs • Directors including chairs of audit committees and chairs of risk committees

• Heads of external relations or those communicating with analysts and rating agencies

Who Will Be There

ERM Book and Guide

All registered delegates will receive a FREE copy of Corporate Value of Enterprise Risk Management, as well as its accompanying

text, Companion guide to Corporate Value of Enterprise Risk Management.

FR

EE

223 Yes! Register me for: ERM and ORSA for Insurance Companies

1. Fax: (416) 504-6978 2. Mail:

Acumen Information Services Suite 410, 6 Adelaide Street E. Toronto, ON, M5C 1H6 3. E-mail: [email protected] 4. On Line: http://www.acumeninformation.com 5. Phone: (416) 504-6952

If three individuals from one organization register at the same time, a fourth person may also be registered to attend free of charge. The free registration must be of equal or lesser value than the paid registrations. Please contact us to arrange for attendance of larger groups.

Sponsorship and exhibition options are available for this event. For more information or to check availability, please contact us by phone at (416) 504-6952 or by e-mail at [email protected].

Sponsorship and Exhibition Opportunities Limited

Register prior to and you will obtain the following savings: Second delegate: $100 Discount Third delegate: $150 Discount

Fourth delegate:

Acumen Information Services Suite 410, 6 Adelaide Street E. Toronto, ON, M5C 1H6 HST No. R862562543

฀

Registration options Before April 25, 2014

After April 25, 2014

ERM and ORSA HST HST HST

Own Risk and Solvency Assessment (ORSA) is a pivotal tool in OSFI’s corporate

governance and capital adequacy regulatory framework. To achieve a successful ORSA for OSFI’s purposes, you will need an enterprise-wide risk management program that is not only robust enough to identify, measure, manage, and report on all sources of key risks, but also practical enough to be integrated into, and support, decision making for future planning and risk event challenges.

The essential message OSFI has sent out is that they view risk and reward together, and they view companies without this integrated view as from a solvency perspective, over the long term. This presents a significant top-down management challenge that requires full

integration of current and prospective risk management into a comprehensive internal management system that will be a critical component of organizational governance, decision making and regulatory compliance. Access, input and commitment is expected from all C-suite executives and the Board of Directors in order to achieve successful results and regulatory acceptance...this is far more than a compliance process or check-the-box exercise.

ERM and ORSA For Insurance Companies has been specifically designed to systematically lead you through the process of enterprise-wide risk management, king the process to critical OSFI regulatory expectations, with a view to providing you with the process and skills you need to implement a robust yet practical ERM program into your organization in a cost effective, time efficient and well-reasoned manner.

Using a stimulating and dynamic combination of tures, individual exercises, group exercises and case studies, this course will provide you with the tools to achieve a solution to your ORSA challenge that is faster, less resource-intensive, and at less expense.

In addition, ERM and ORSA For Insurance Companies provides a first-hand opportunity to hear from, and speak with, a leading international expert in enterprise risk management. You will also have a unique opportunity to meet with your peers to discuss how they are responding to the challenges presented by this complex and comprehensive project. I hope to meet you personally in May and welcome you to an outstanding professional development experience.

Sincerely,

Robert Hirsch President

Acumen Information Services

oronto

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Comments From Participants Attending Acumen Conferences

-Information You Can Work With

Letter From the President

Visit the Acumen Information

Services Website for:

•Leaving questions to be answered at the course “...excellent breadth of coverage of a very

•

Meridian Credit Union

•

New Brunswick Credit Union Stabilization Board

•

“...helped to clarify my understanding or requirements of ORSA...”

•

RSA

materials were relevant and well presented.” • Derivatives Accountant Agrium Inc

REGISTER NOW !

C a l l ( 4 1 6 ) 5 0 4 6 9 5 2 , F a x ( 4 1 6 ) 5 0 4 6 9 7 8 o r o n l i n e : w w w . a c u m e n i n f o r m a t i o n . c o m ฀

Own Risk and Solvency Assessment (ORSA) is a pivotal tool in OSFI’s corporate

The essential message OSFI has sent out is that they view risk and reward together, and they view companies without this integrated view as weak from a solvency perspective, over the long term. This presents a significant top-down management challenge that requires full

ERM and ORSA For Insurance Companies has been specifically designed to systematically lead you through the process of enterprise-wide risk management, linking the process to critical OSFI regulatory expectations, with a view to providing you with the process and skills you need to implement a robust yet practical ERM program into your organization in a cost effective, time efficient and well-reasoned manner.

Using a stimulating and dynamic combination of lectures, individual exercises, group exercises and case studies, this course will provide you with the tools to achieve a solution to your ORSA challenge that is faster, less resource-intensive, and at less expense.

Sincerely,

A c u m e n C o n f e r e n c e C a l e n d a r

Derivative and Hedge Accounting May 13 - 14 - Toronto Financial Services Internal Audit

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8:00 a.m. - 8:30 a.m.

Continental Breakfast and Registration

8:30 a.m. - 10:30 a.m.

Defining Enterprise Risk Management (ERM)

•Definition of risk

•Basic definition of ERM

•The 10 key ERM criteria

•

Exercise 1

(groups of 4): Evaluate case against

10 key criteria

•ERM process cycle

•Benefit of ERM to stakeholders

10:30 a.m. - 10:45 a.m.

Morning Networking Break

10:45 a.m. - 12:00 p.m.

Satisfying ORSA

•Understanding the 10 key ORSA requirements

•

Exercise 2

10 key ORSA requirements

P r o g r a m : M a y 2 7

CONFERENCE AGENDA

Course Overview

This two-day course is a practical, hands-on training program providing tangible skills for immediate applica-tion to successfully implement or advance ERM programs. Using a stimulating and dynamic combinaapplica-tion of lectures, individual exercises, group exercises and case studies, this course will provide you with the tools to achieve a solution to your ORSA challenge that is faster, less resource-intensive, and at less expense while simultaneously producing an ERM program that has internal and external stakeholder buy-in and that supports better risk-reward

decision making.

Course Leader

Sim Segal is president and founder of SimErgy Consulting, a firm specializing exclusively in enterprise risk management (ERM). With 28 years of experience in measuring and managing risk, Mr. Segal is a globally-recognized ERM thought leader with broad functional experience, deep technical knowledge, and ERM experience in a variety of sectors and geographies.

Mr. Segal is the author of Corporate Value of Enterprise Risk Management and is also adjunct professor at Columbia University teaching a Masters course on ERM.

Mr. Segal previously served as inaugural chair of the SOA Risk Committee, leading the design and implementation of its ERM program. He currently serves as vice chair of the Canadian Institute of Actuaries (CIA) ERM Applications Committee and as member of the Joint Risk Management Section’s ERM Symposium Program Committee, jointly run by the SOA, CIA and Casualty Actuarial Society.

Prior to SimErgy, Mr. Segal led ERM consulting practices at Deloitte Consulting, Aon, and Towers Watson. Prior to his consulting experience, he was an officer at MetLife, where he was a key player in the first successful adoption of economic capital by a U.S. insurer, assisting in its integration into key company processes, such as strategic planning, capital management, and pricing. Mr. Segal is a Fellow of Society of Actuaries (FSA) and a Chartered Enterprise Risk Analyst (CERA). He is one of 40 ERM experts awarded the CERA for “thought leadership and significant contributions to advance the practice of ERM.”

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8

. - 8:30 a.m.

Continental Breakfast and Registration

8

. - 10:30 a.m.

ining Enterprise Risk Management (ERM)

•

10 key criteria

. - 10:45 a.m.

. - 12:00 p.m.

Satisfying ORSA

•

(groups of 4): Evaluate case against

12:00 p.m. - 1:00 p.m.

Luncheon

1:00 p.m. - 3:45 p.m.

Fundamentals of the ERM Framework

•Three core challenges of traditional ERM

frameworks

•Value-based ERM framework

•Using value-based ERM to overcome ERM

and ORSA challenges

3:45 p.m. - 4:00 p.m.

Afternoon Networking Break

4:00 p.m. - 5:15 p.m.

Risk Categorization and Definition

•Risk categorization/definition (RCD) tool

•Defining risks by source

•Categorizing risks evenly

•

Exercise 3

(pairs): Categorize risks

•

Exercise 4

(solo): Categorize risks (practical

application of principles using recently

published events in the news)

8:00 a.m. - 8:30 a.m.

Continental Breakfast

8:30 a.m. - 9:30 a.m.

Qualitative Risk Assessment (QRA)

•Defining metrics clearly

•Conducting the QRA survey

•Gathering data appropriately

•Identifying risks prospectively

•

Exercises 5/6

(pairs/switch roles): Conduct surveys

•Consensus meeting

9:30 a.m. - 10:30 a.m.

Developing a Quantitative Risk Model

Calculating Baseline Valuation

Quantifying Individual Risk Exposures

•Deterministic risk scenarios

•Developing risk scenarios using Failure

Modes and Effects Analysis (FMEA)

10:30 a.m. - 10:45 a.m.

Morning Networking Break

10:45 a.m. - 12:00 p.m.

Quantifying Individual Risk Exposures -

continued

•

Exercise 7

(large group): Develop risk scenario

using FMEA

•Quantifying individual risk exposures

•Case studies

•

Exercise 8

(groups of 3): Quantify individual

risk scenarios

12:00 p.m. - 1:00 a.m.

Luncheon

1:00 a.m. - 3:45 p.m.

Quantifying Enterprise Risk Exposure

•Quantifying enterprise risk exposure

•Economic capital vs. value-based ERM models

•

Exercise 9

(groups of 3): Quantify enterprise risk

exposure

Defining Risk Appetite

•Risk appetite consensus meeting

•Defining risk appetite quantitatively

•Case study

3:45 p.m. - 4:00 p.m.

Afternoon Networking Break

4:00 p.m. - 5:00 p.m.

ERM Vendors

ERM Implementation Time Line

R e g i s t e r N o w ! C a l l ( 4 1 6 ) 5 0 4 6 9 5 2 , F a x ( 4 1 6 ) 5 0 4 6 9 7 8 o r o n l i n e

ERM and ORSA for Insurance Companies • May 27-28, 2014

decision making.

Sim Segal is president and founder of SimErgy Consulting, a firm specializing exclusively in enterprise risk management (ERM). With 28 years of experience in measuring and managing

k, Mr. Segal is a globally-recognized ERM thought leader with broad functional experience, deep technical knowledge, and ERM experience in a variety of sectors and geographies.

Mr. Segal previously served as inaugural chair of the SOA Risk Committee, leading the design and implementation of its ERM program. He currently serves as vice chair of the

adian Institute of Actuaries (CIA) ERM Applications Committee and as member of the Joint Risk Management Section’s ERM Symposium Program Committee, jointly run by the SOA, CIA and Casualty Actuarial Society.

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8

. - 8:30 a.m.

Continental Breakfast and Registration

8

. - 10:30 a.m.

ining Enterprise Risk Management (ERM)

•

10 key criteria

. - 10:45 a.m.

. - 12:00 p.m.

Satisfying ORSA

•

(groups of 4): Evaluate case against

p.m. - 1:00 p.m.

1

p.m. - 3:45 p.m.

Fundamentals of the ERM Framework

•Three core challenges of traditional ERM

frameworks

•Value-based ERM framework

•Using value-based ERM to overcome ERM

and ORSA challenges

3

p.m. - 4:00 p.m.

4

p.m. - 5:15 p.m.

Risk Categorization and Definition

•Risk categorization/definition (RCD) tool

•Defining risks by source

•

egorizing risks evenly

•

(pairs): Categorize risks

•

(solo): Categorize risks (practical

application of principles using recently

published events in the news)

8

. - 8:30 a.m.

Continental Breakfast

8

. - 9:30 a.m.

Qualitative Risk Assessment (QRA)

•Defining metrics clearly

•Conducting the QRA survey

•Gathering data appropriately

•Identifying risks prospectively

•

(pairs/switch roles): Conduct surveys

•Consensus meeting

9

. - 10:30 a.m.

ping a Quantitative Risk Model

Calculating Baseline Valuation

Quantifying Individual Risk Exposures

•Deterministic risk scenarios

•Developing risk scenarios using Failure

Modes and Effects Analysis (FMEA)

. - 10:45 a.m.

10

. - 12:00 p.m.

Quantifying Individual Risk Exposures -

continued

•

(large group): Develop risk scenario

using FMEA

•Quantifying individual risk exposures

•

e studies

•

(groups of 3): Quantify individual

risk scenarios

p.m. - 1:00 a.m.

. - 3:45 p.m.

Quantifying Enterprise Risk Exposure

•Quantifying enterprise risk exposure

•Economic capital vs. value-based ERM models

•

(groups of 3): Quantify enterprise risk

exposure

ining Risk Appetite

•Risk appetite consensus meeting

•Defining risk appetite quantitatively

•

e study

3

p.m. - 4:00 p.m.

Networking Break

4:00 p.m. - 5:00 p.m.

ERM Vendors

ERM Implementation Time Line

e : w w w . a c u m e n i n f o r m a t i o n . c o m

ERM and ORSA for Insurance Companies • May 27-28, 2014

S P E C IA L E A R L Y B IR D O F F E R ! S A V E U P T O $ 2 5 0 .0 0

decision making.

Sim Segal is president and founder of SimErgy Consulting, a firm specializing exclusively in enterprise risk management (ERM). With 28 years of experience in measuring and managing risk, Mr. Segal is a globally-recognized ERM thought leader with broad functional experience, deep technical knowledge, and ERM experience in a variety of sectors and geographies.

Mr. Segal previously served as inaugural chair of the SOA Risk Committee, leading the design and implementation of its ERM program. He currently serves as vice chair of the

adian Institute of Actuaries (CIA) ERM Applications Committee and as member of the Joint Risk Management Section’s ERM Symposium Program Committee, jointly run by the SOA, CIA and Casualty Actuarial Society.

OSFI ORSA requirements pose many challenges to Canadian insurers wanting to move their ERM

programs forward in a compliant yet strategically-effective manner. This in-depth, two-day course will identify, and provide practical solutions for, the top 10 ORSA requirements that pose the biggest challenges, categorized below by ERM program component:

ERM Framework

1. Consistent: Unifying previously disparate risk-related efforts such that ERM is linked to strategic planning, capital management, etc.

Risk Governance

2. Governable: Board understanding of organizational risk appetite and its alignment with risk strategy

Risk Identification

3. Complete: Incorporating all material and relevant sources of risk – strategic, operational, financial, and insurance

Risk Quantification

4.Dynamic: Changes in environment are dynamically reflected in risk exposures and have the buy-in that leads to management actions

5. Quantitative: Quantifying all risk exposures, which means getting beyond qualitative-only approaches for strategic and operational risk 6. Robust: Quantifying impacts of risk combinations

7. Realistic: Reflecting real-world restrictions on capital transfers between legal entities

Risk Decision Making

8. Reconcilable: Risk appetite statement that is quantitative and reconciles to quantitative risk limits

9. Actionable: Integrating ERM into strategic planning and decision making at all levels

Risk Messaging

10. Incentivised: Integrating ERM into business performance analytics and incentive compensation

OSFI ORSA Requirements – Understanding and Meeting the Challenge

All registered delegates will receive a FREE copy of Mr. Segal’s authoritative and

practical book, Corporate Value of Enterprise Risk Management, as well as its

accompanying guide, Companion Guide to Corporate Value of Enterprise Risk Management,

which will be valuable tools for you and your organization in addition to the

course materials you will receive.

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•Leaving questions to be answered at the course xcellent breadth of coverage of a very

•

idian Credit Union

•

Brunswick Credit Union Stabilization Board

•

lped to clarify my understanding or requirements of ORSA...”

•

RSA

materials were relevant and well presented.” • Derivatives Accountant Agrium Inc Lo ca t io n a nd A cc o m m o d a t io n T h e c on fe re n ce w illb e h e ld a t a co n ve n ie n t loc atio n in d o w n to w n T oro nto . V e n u e in fo rm a tion a n d sp e cial co n fe re n ce a cc om m o da tion p ricin g de ta ils w ill b e p ro vid ed u p on con firm a tio n o f th e ve n ue . D e le g a tes ca n re g is ter a t th e A c um e n se rvic e de sk b e g in n in g a t 8 :0 0 a .m . o n th e m orn in g o f th e first d a y o f th e co n fe re n ce . R eg is tra tio n fe e s d o n o t in clu de h o te la c co m m o d a tio n . S a v ing s o n A irfa re W e ha v e ap po in te d A ir C a n a da a s the o ffic ia la irlin e fo r th is e ven t. S im p ly co n ta ct A ir C a na d a ’s N o rth A m eric a to llfree n u m b er a t 1 68 00 636 1 675 8 5 o r yo u r trav e l a g en t an d ta ke a d va n ta ge o f S p e cia lD isco u n te d A irfa re s. O u r co n ve n tio n n u m be r is P JM H D 43 1 . B y e ns u rin g th is co n ve n tio n n um b e r a pp e a rs o n yo u r tick e t, yo u w illb e sup p o rting A cu m e n in p ro vid in g th es e se rvice s. Y o u r Re g is t ra t io n Inc lud e s R eg istra tio n fe e s inc lu d e a llc o nfe ren c e m a te rials, c on tin e n ta lb rea kfa st, lu n ch a n d re fre s hm e n ts. P a rk in g a n d ac co m m o d a tio n a re n o t inclu de d . F R E E C O N F E R E NC E W O R K BO O K A s a re g iste re d d e le g a te, yo u w ill re ce ive a co m ple te se t o f co n fere n ce 223

Yes! Register me for: ERM and ORSA for Insurance Companies

P le a s e p h o to c o p y th is fo rm fo r a d d itio n a l d e le g a te s I c a n n o t a tte n d b u t p le a s e k e e p m e in fo rm e d o f fu tu re e v e n ts M r./M s ./M rs . T itle C o m p a n y A d d re s s C ity P ro v in c e P o s ta l C o d e T e le p h o n e ( ) E x te n s io n F a x ( ) E rm a il A d d re s s C o m p a n y ’s m a in lin e o f b u s in e s s N u m b e r o f e m p lo y e e s o n s ite 1 r2 5 2 6 r5 0 5 1 r 1 0 0 1 0 1 r2 5 0 2 5 0 r 5 0 0 5 0 1 + P le a s e s e n d m e a F R E E T o ro n to a n d A re a V is ito r’s In fo rm a tio n P a c k a g e P le a s e d o n o t o b s c u r e a d d r e s s in fo r m a tio n m a te ria ls.T he se m a terials w ill se rve a s a n in va lua b le gu ide , b o th d urin g a n d a fte r the e v en t. T he w o rk bo o k w illb e d is trib u te d o n th e m o rnin g of th e firs t da y b e g in n in g a t 8 :0 0 a .m . C a nc e lla t io n Po licy S u bs t it ut io ns m a y be m a d e a t a ny t im e . If yo u a re u n a b le to a tte n d , p le a se m a ke c an ce lla tio n s in w ritin g a n d fa x to (4 1 6 ) 5 04 66 97 8 p rio r to 5 :0 0 p .m . on M a y 13 ,2 0 14 . A cre d it vo uch e r w illb e issue d to yo u for th e fullam o un t, re de em a b le a g a in st a n y o th e r A cu m e n co n fe re nc e. If yo u p re fe r, yo u m ay req u e st fo r a re fu n d o f fe e s p a id le s s $ 2 50 a d m in istra tio n fe e . R e g istra n ts w h o can ce la fte r th e a b o ve d a te w illn o t b e e ligib le to rece ive a n y cre d its o r re fu n d s a n d a re lia b le fo r th e e n tire re g is tra tio n fe es . C o n firm ed d e le g a te s w h o do no t c a nc el b e fore M a y 13 ,2 0 14 , a n d fa il to a tte n d , w ill b e lia b le fo r th e e n tire re gistra tio n fe e s. D u p lic a te M a iling s o r Inc o rre ct Info rm a t io n P lea se a dv ise u s if yo u re ceive a d u p lic ate m a ilin g o f th is b ro ch ure o r if yo u w o u ld like u s to ch a ng e a n y o f th e m a ilin g in form a tio n sh o w n o n th e b roch u re . P le a se fa x u s a co py o f th e re g is tra tio n fo rm w ith th e ch a ng es yo u w o u ld like u s to m a ke . P le a se p a ss th e a d d ition a l cop y o n to a co llea g u e . R e g ist e r M e F o r : P le a s e re g is te r m e w ith th e e a rly ¹b ird d is c o u n t (e n d s A p ril 2 5 , 2 0 14 ) P a y m e nt M et h o d P le a s e C h a rg e to m y V IS A M A S T E R C A R D C a rd N u m b e r : E x p iry D a te :_ _ _ _ _ _ _ _ _ S ig n a tu re : S e c u rity N o ._ _ _ _ _ _ _ _ _ C h e q u e e n c lo s e d , p a y a b le to A c u m e n Inf o r m at io n S e rv ic e s

ERM and ORSA for Insurance Companies

FAX THIS REGISTRATION FORM NOW TO (416) 504-6978

1. Fax: (416) 504-6978 2. Mail:

Acumen Information Services Suite 410, 6 Adelaide Street E. Toronto, ON, M5C 1H6 3. E-mail: [email protected] 4. On Line: http://www.acumeninformation.com 5. Phone: (416) 504-6952 R E G IS T E R N O W í H E R E ’S H O W !

If three individuals from one organization register at the same time, a fourth person may also be registered to attend free of charge. The free registration must be of equal or lesser value than the paid registrations. Please contact us to arrange for attendance of larger groups.

G R O U P D IS C O U N T

F o u rth D e le g a te F re e !

Sponsorship and exhibition options are available for this event. For more information or to check availability, please contact us by phone at (416) 504-6952 or by e-mail at [email protected].

Sponsorship and Exhibition Opportunities Limited

T he A C U M E N Q u ality G u aran te e Ifyo u fin d tha t th is ev en t d oe s no t m ee t th e high q ua lity sta n da rd s yo u e xp ect from th is eve n t, w e w illissue yo u a lette r of cre dit e qu a lto th e va lue of the e ve nt. T he ind ivid u ald e le ga te or a n y m em be r o f h is or h er c om pa n y m a y u se th is le tter o fcred it fo r tw o ye ars fro m d a te o f issu e. W rite us a letter de scribing w h y yo u w e re dis satisfie d an d dire ctit to th e G e n eralM a na ge r.

A cum e n In fo rm atio n S ervice s re serve s the righ t to ch a ng e th e da te ,loca tio n a n d co n te n t for th e ev en t(s) o ffe re d he re in w ith o ut fu rth er no tice a nd assu m e s n o lia bility fo r su ch cha n ge s.

Register prior to April 25, 2014 and you will obtain the following savings: Second delegate: $100 Discount Third delegate: $150 Discount Fourth delegate: FREE

E a rly B ird S p e c ia l

Acumen Information Services Suite 410, 6 Adelaide Street E. Toronto, ON, M5C 1H6 HST No. R862562543

฀

Registration options Before April 11, 2014

Before April 25, 2014

After April 25, 2014

ERM and ORSA $ 2,725.00 + HST $ 2,825.00 + HST $ 2,975.00 + HST Own Risk and Solvency Assessment (ORSA) is a pivotal tool in OSFI’s corporate

The essential message OSFI has sent out is that they view risk and reward together, and they view companies without this integrated view as from a solvency perspective, over the long term. This presents a significant top-down management challenge that requires full

ERM and ORSA For Insurance Companies has been specifically designed to systematically lead you through the process of enterprise-wide risk management, king the process to critical OSFI regulatory expectations, with a view to providing you with the process and skills you need to implement a robust yet practical ERM program into your organization in a cost effective, time efficient and well-reasoned manner.

Using a stimulating and dynamic combination of tures, individual exercises, group exercises and case studies, this course will provide you with the tools to achieve a solution to your ORSA challenge that is faster, less resource-intensive, and at less expense.

Sincerely,