A process through control, definition, enforcement, and monitoring has the ability to coordinate and integrate these initiatives.
Insurance companies in Africa have emerged from a period of market unpredictability and are now looking at different, innovative and more compelling ways to attend to increasing regulatory requirements.
They are faced with the challenge of finding new ways to create value while controlling risks and staying on top of increasing regulatory requirements.
The growing regulatory environment, higher business complexity and increased focus on accountability have led more Insurance companies to pursue a broad range of governance, risk and compliance (GRC) initiatives across the organization.
Effective execution of risk and compliance is crucial for staying in the changing Insurance environment, especially with the growth and awareness happening in Africa.
However, those who devise GRC programs for their organizations often underestimate fraud risk.
– Best practice approach to achieve actionable insights
– Effective methods to execute a better GRC for your organization
– Identifying hard and soft ROI for financial Sustainability
Got a question about GRC that you would want Oluwasolape Akinde to answer, send us your questions - firstname.lastname@example.org.
GRC affects you if you’re dealing with public data.
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