Bancassurance Business and Risk Management

Class Description

OBJECTIVE AND CONTENTS

By the end of this course, participants will be equipped with the knowledge and skills necessary to effectively integrate and manage bancassurance products within their institutions. This includes understanding regulatory compliance, mastering risk assessment techniques, enhancing customer engagement strategies, and fostering collaboration between banking and insurance sectors. Participants will be able to develop and implement successful bancassurance initiatives, navigate associated challenges, and drive sustainable growth while ensuring adherence to best practices in risk management.

TARGET GROUP
This course is designed specifically for Treasury Professionals, Investment Managers, Credit Managers, Operations Managers, Relationship Managers, Accounting Professionals, Risk Managers, Internal/External Auditors, Regulators, Finance Experts or any other interested person of banking institutions and other related companies.

COURSE CONTENTS
A. Evolution of Bancassurance in Financial Services
B. Overview of Bancassurance
i. Product Development and Integration
ii. Sales and Marketing Strategies
iii. Customer Engagement and Education
iv. Role of Technology in Bancassurance
v. Trends in Fintech and Insurtech Impacting Bancassurance
C. Regulatory Requirements for Bancassurance
D. Compliance Challenges in Different Jurisdictions
i. Merging Banking and Insurance Cultures
E. Best Practices for Meeting Regulatory Standards
F. Performance Measurement and Evaluation
G. Overview of Risk Management Framework
H. Identifying Key Risks in Banc assurance
I. Risk Assessment Techniques and Tools

FEES
The fee for each participant is TZS 1.0 million or USD 1000 for non-residents, covering tuition, course materials, lunch, and mid-session refreshments. Participants will be responsible for their travel costs and upkeep. Please make the payment of your fees using the following channel:
1. Local Participants from Commercial Banks
Bank Transfer through TISS Transferee Bank: Bank of Tanzania
Account Number: 9944713006
Account Name: Course Fees
SWIFT CODE: TANZTZTXXXX
2. Local Participants from Government Agencies
Transferee Bank: Bank of Tanzania
Account Number: 9924191003
Account Name: Bank draft Issued
SWIFT CODE: TANZTZTXXXX
3. Foreign Participant Account Details
Bank Name: Citibank
Bank Swift Code: CITIUS33
Account Holder: Bank of Tanzania
Account Number: 36113007

MODE OF APPLICATION
Send a letter, e-mail, or phone the Academy through any of the mentioned contacts below. The course will accommodate 25 participants, and the first come, first served principle will apply. Applications should reach us at least two (2) working days before the commencement of the course.
All applications should be addressed to:
The Principal,
Bank of Tanzania Academy,
P.O. Box 131, Capri-Point,
MWANZA
+255 (0) 28 2 500 982/709/983 +255 (0) 28 2 503 380
Email: academy@bot.go.tz