Lloyd’s partners with parima to deliver risk management expertise

PRESS RELEASE

Lloyd’s partners with parima to deliver risk management expertise

9 May, 2016

Lloyd’s, the specialist insurance and reinsurance market is delighted to be partnering with PARIMA, the Pan-Asia Risk and Insurance Management Association, as its education partner and will offer the Lloyd’s-PARIMA Professional Development Programme – a series of two-day programmes created specifically to respond to the needs of risk managers in the Asia Pacific regionDesigned for the challenges faced by corporate risk managers and insurance buyers based in the Asia Pacific region, the programme provides participants with a succinct overview of the Lloyd’s insurance market and how it works, insight into the latest emerging risks, an understanding of the underwriting process and how a risk is accurately priced, an understanding of international insurance regulations and their impact on insurance programmes, and also how claims are handled and efficiently processed

Kent Chaplin Lloyd’s Head of Asia Pacific .commenting on the launch of the partnership at the 2016 PARIMA conference in Kuala Lumpur said: “Lloyd’s is delighted to be able to share its risk expertise and experience accumulated over generations We provide first-class educational and networking programmes across the world and through this partnership with PARIMA we aim to support the risk management .community in the Asia Pacific region”

Franck Baron, Chairman of the Pan-Asia Risk & Insurance Management Association PARIMA said: “This dedicated programme for risk managers is delivered by the insurance and risk industry’s highly-respected experts The programme meets our aim of strengthening and enhancing the culture of risk management by creating opportunities for education and dialogue within the .community”

Expressions of interest for the Lloyd’s-PARIMA Professional Development Programme open today, 9 May and close on 30 June 2016 The programme will be held in Singapore August, Malaysia and Hong Kong November Dates will be confirmed according to interest

Applicants are invited to go to parimaorg//lloyds-parimaprogramme or email info@parimaorg

About Lloyd’s

Lloyd’s is the world’s specialist insurance and reinsurance market that offers a unique concentration of expertise and talent, backed by strong financial ratings and international licences It is often the first to insure new, unusual or .complex risks, providing innovative insurance solutions for local, cross border and global risks Its strength lies in the diversity and expertise of the brokers and managing agents working at Lloyd’s, supported by capital from across the world In 2016, more than 90 syndicates are underwriting insurance and reinsurance at Lloyd’s, covering all lines of business from more than 200 countries and territories worldwide Lloyd’s is regulated by the Prudential Regulatory Authority and Financial Conduct Authority