Directors’ and officers’ cover is one aspect of insurance close to the hearts of board members. Between now and mid-September, Airmic Academy is offering three half-day education sessions on the subject that could help members take advantage of that opening to top management.
The three sessions are ‘D&O –
Explaining it to the board’ (DLA/Chartis), on 18 August; ‘D&O – Making a risk management presentation to the board’ (Willis, AXA, Paul Hopkin of Airmic and Helen Hayden of Prudential), on 9 September; and ‘Running a D&O claimable scenario’ (Marsh and Patrick Smith of Hertz), on 16 September.
Former Airmic chief executive David Gamble, who is in charge of the academy programme, explains: “The thinking here is that D&O is one of the key opportunities for the risk manager to influence the board. If they impress during discussions over D&O, then the board may well be willing to hear from them on other issues.”
All the sessions are in London. Places are limited and first choice will be given to those who sign up for all three.
The objective of the academy is to provide members with a half day of detailed and interactive examination of subjects of importance to risk managers and insurance buyers and to help them with their careers.
In the first five months of this year, the academy held 12 sessions for 242 attendees. The most popular subjects were captives and insurer security/credit risk. Gamble believes that at least 25% of the value of each session comes from the members’ questions and contributions.