All legacy companies are aware of the aims of The Senior Managers and Certification
Regime (SM&CR) to strengthen market integrity by creating clear accountabilities
and standards for individual behaviour; SM&CR requires firms to be clear on individual
responsibilities of senior managers and requires those senior managers to take
responsibility not just for their own actions but for what happens in their areas of
responsibility. IRLA are running a series of courses to assist with this.
This session is suitable for all managers, team leaders and those working on completing a
professional qualification. For anyone who has an interest, but several years in the legacy
market this would an appropriate information source.
At the completion of this session delegates will be able to:
• Identify the need for and use of capital
• Recognize the various functions within insurance organisations
• Differentiate the need between external and internal regulation