Past Event
Webinars

Webinar: Partnering Right — Managing Third Party Risk to Achieve Sustainable Growth

Learn about partnering successfully and managing third party risk in this FREE webinar, presented by PwC's Laura Box and Garth Williams.

Past Event
1 CIP Points

Wednesday, 22 March 2023

12:00pm - 1:00pm AEDT

Free Webinar

Overview
Speakers

Strategic partnering with third party distributors and other service providers has always been a feature of insurers’ operating models. Recently, insurers' use of partnerships has accelerated, driven by digital transformation, changing customer expectations and a global trend towards focusing on core business.

While the ecosystem model offers significant commercial benefits, it has also introduced a new frontier for risk management. The UK has introduced laws that hold insurers responsible for the conduct of the third parties they work with.

In Australia, new regulations like the Design and Distribution Obligations and CPS 230 are placing obligations on insurers to monitor and supervise third parties. Regulators are also sharpening their focus on this issue, as seen through ASIC’s approach in the recent pricing review for general insurers.

In this webinar, Laura Box and Garth Williams from PwC will discuss this important topic and share practical insights about how insurers can manage third party risk so they can pursue growth with confidence.

For further information about this professional development program, please contact Rebecca Ciavarella, Event Manager.


Learning Outcomes

At the end of this webinar, attendees will be able to:

  • Understand emerging developments in third party risk management in the insurance sector
  • Discuss Australian and foreign regulatory developments in this space
  • Identify practical ways to manage third party risk so you can safely pursue an ecosystem growth strategy.

Proudly supported by

PwC logo
Laura Box

Laura Box

Partner

PwC

Laura Box

Partner

PwC

Laura is a Partner in the Risk and Regulation Consulting practice and a financial services risk and regulation transformation specialist. She has extensive experience leading regulatory compliance, governance and controls reviews for Australian and global insurers and other financial services organisations.
Garth Williams

Garth Williams

Partner

PwC

Garth Williams

Partner

PwC

Garth is a partner in PwC’s integrated Legal and Risk practice. He works with his clients to develop strategies and operating models to manage regulatory risk effectively and pursue growth faster and with more confidence. He commonly advises insurers and other financial services clients on compliance, regulatory issues, implementing regulatory change, regulatory investigations, remediations and in negotiations with counterparties.

Award Categories & Criteria