Insurance Management Simulation

Onboarding and introduction to IMS
Your journey to the top starts today!

After an introduction to the team and insights into our way of working during the course, you receive your briefing as a new member of the company's executive team. Set up your team's organization, get familiar with your virtual insurance company by using the SWOT technique, and start analysing your company.

Please reserve about 1.5h to prepare for the programme (pre work)

Value creation and performance ratios
We start by looking at the concepts of economic value and link the performance ratios into the concept of a ratio tree. 

It is then up to you and your team to discuss your strategy, take decisions on the lines of business, the target customer groups, pricing, underwriting, reinsurance and much more. 

Please reserve about 1.5h to prepare for the programme (pre work)

UW profitability and capital requirements
We start with a debriefing of the first round's results, where we focus on underwriting. After explaining the key elements that drive underwriting profitability, we will then provide a framework for setting a strategic plan. 

The next focus is on the Solvency ratio, where we identify different sources of funding, and discuss the risk components that make up the required capital. 

In this round, you will analyse your company's results from the previous period, get familiar with the current economic environment in Atlantis, and adjust your business and reinsurance decisions to meet your strategic goals. 

Discuss your capital requirements and choose your preferred funding sources, taking into account your risk appetite as well as the financial market outlook in Atlantis. 
Now you also have the opportunity to implement a project with your company that supports your company's overall strategic direction.

Please reserve about 1.5h to review the past session and prepare for the next. Group work may be involved (pre work)

Investments and Asset-Liability-Matching
To start the day, we debrief round 3 and examine the capital structure of your insurance companies, and discuss the effectiveness of different reinsurance strategies. 
Your team will now engage in the last round of decision making.

After handing in your decisions, you hold an investor pitch and highlight reasons why investors should consider your company as a major investment.
In our last debrief, we focus on investment yields, duration and exposure mismatch, and identify the impact on capital used to cover market risk. 
Now we are ready to reveal the winner of the challenge!

A short feedback session will mark the end of the official programme. 

In a virtual get-together atmosphere, with your favourite drinks, we will conclude the programme by awarding the certificates.