Download Conference Guide

Introduction

‘Digital disruption’ is a buzzword which we come across very often. Technology has changed the way we do businesses and it has disrupted many industries and finance is no exception to it.

Takaful Innovation Summit 2018 will focus on helping institutions embrace the customer demands and market requirements necessary to remain relevant and pursue continued opportunities for growth in the coming years. The event will provide a variety of learning formats, from big picture keynotes to targeted, deeper-dive tech talks and networking opportunities for meaningful business connections. Combine this with an audience of the industry’s thought leaders and it’s no surprise that Takaful Innovation Summit 2018 is an event you cannot afford to miss.

KEY HIGHLIGHTS

Millennials are the most tech savvy generation ever. They are, however, underinsured. This gives huge potential to the insurance and Takaful industry to forge new technology to affect the value proposition of existing products and services. However, merely adopting new technologies is not going to give success. Things to consider:

  • ✓   Can we create a culture of innovation?
  • ✓  How can we use big data to drive product development?
  • ✓  What are the lessons learnt from technology initiative failures?
  • ✓  What are the untraditional distribution channels to capture new markets?
  • ✓  How is risk management going to change in the digital era?
  • ✓  What are the Shariah compliance issues in Takaful operations and what are the future challenges? These are few questions which will be investigated in the conference and many more.

Key Innovation Themes

  • ✓ Driving client-centricity and product innovation using Big Data
  • ✓ Using analytics to deliver personalised & competitive pricing to win new customers
  • ✓ Understanding the reason analytics initiatives fail and how to prevent against them
  • ✓ Design Thinking to Create a Culture of Innovation
  • ✓ Is insurtech/regtech a necessity in risk & compliance management?
  • ✓ Insuring the Millennial - Exploring Untraditional Distribution Channels
  • ✓ Shariah non-compliance risks in the digital era

Who Should Attend

  • ✓ CEOs and Senior Management of Takaful and Retakaful Companies
  • ✓ Insurance and Reinsurance Brokers with interest in the Takaful segment
  • ✓ Insurance & Takaful Regulators
  • ✓ Risk Managers
  • ✓ Product Development Staff
  • ✓ Underwriters
  • ✓ Actuaries
  • ✓ Head of Claims
  • ✓ Head of Distribution
  • ✓ Head of Digital Transformation
  • ✓ Head of Analytics
  • ✓ Head of Distribution
  • ✓Heads and Managers of Business Strategy
  • ✓ Accountants
  • ✓ Management Consultants and Service Providers
  • ✓ Shariah Scholars & Advisors

WHERE & WHEN

Date: 8th May 2018
Venue: InterContinental Hotel, KUALA LUMPUR

For enquiries please contact:

Hatem Almasri
Account Manager, REDmoney Seminars
Hatem.Almasri@REDmoneygroup.com
Direct Line: +603 2162 7800 ext 31

Bejtullah Ferizi
Account Manager, REDmoney Seminars
Bejtullah.Ferizi@REDmoneygroup.com
Direct Line: +603 2162 7800 ext 44

Mathias Sosovele
Account Manager, REDmoney Seminars
Mathias.Sosovele@REDmoneygroup.com
Direct Line: +603 2162 7800 ext 25

For sponsorship opportunities:

Ramesh Kalimuthu
Events Sales Director
Ramesh.Kalimuthu@REDmoneygroup.com
Direct Line: +603 2162 7800 ext 65
Fax: +603 2162 7810

For speaking opportunities:

Suhail Sinnalebbe
Senior Events Producer
Suhail.Sinnalebbe@REDmoneygroup.com
Direct Line: +603 2162 7800 ext 43

Andrew Tebbutt
Managing Director
Andrew.Tebbutt@REDmoneygroup.com
Direct Line: +603 2162 7802

For marketing and media enquiries

Andy Law
Marketing Manager
Andy.Law@redmoneygroup.com
Direct Line: +603 2162 7800 ext 22

Clement Anthony
Marketing Executive
Clement.Anthony@REDmoneygroup.com
Direct Line: +603 2162 7800 ext 62

Kindly complete the registration form and email to seminars@redmoneygroup.com or fax +603 2162 7810
Early bird : RM1,799
Standard: RM1,999
If you are looking for an in-house training program, kindly please send a Request for Proposal to Andrew.Tebbutt@REDmoneygroup.com

About The Seminar

In the advent of the global financial crisis of 2007-9, Islamic banking practitioners are under significant pressure to comply with capital adequacy standards. The hope of regulators is that compliance will reduce the chance of individual bank failure, and also contagion within the financial system. The IFSB’s capital adequacy framework for Islamic banks establishes minimum levels of capital which Islamic banks should maintain in order to remain solvent in the face of unexpected losses. As this framework has developed to keep track of evolving international standards for the regulation of banks set by the Bank for International Settlements (Basel Accords), they have become increasingly voluminous and technically challenging to understand. One of the biggest challenges for practitioners is knowing and understanding the relevant standards concerning capital requirements, and the determination of capital adequacy based on the capital charges of a multitude of risk types, and financial products. This not only impacts risk managers, but anyone whose financial and business decisions change the composition of the balance sheet, for example Islamic asset origination teams and treasury managers.

This course has been developed for Islamic finance practitioners who need in-depth knowledge of the capital adequacy requirements of Islamic banks. The course provides a valued opportunity to know and to understand the IFSB’s capital adequacy standards in detail. The course provides an indispensable resource not only for Islamic bankers, but also Islamic bank supervisors and regulators needing expert knowledge of regulation.

The course will also include a high level of interactive discussion, practical insights, and thorough instruction in capital adequacy regulations as they apply to Islamic banks, which can be used in practice to meet regulatory governance and reporting requirements.

KEY HIGHLIGHTS

  • Know and understand Basel III as it relates to Islamic banks
  • Know and understand IFSB standards for Islamic bank capital adequacy
  • Receive practical insights into the implementation of the standards

Download Conference Guide

Kindly complete the registration form and email to seminars@redmoneygroup.com or fax +603 2162 7810
Early bird : RM1,799
Standard: RM1,999
If you are looking for an in-house training program, kindly please send a Request for Proposal to Andrew.Tebbutt@REDmoneygroup.com

Agenda

9.00am – 9.20am

Keynote Address: Future of Takaful & Insurance Industry
Yahya Adnan Ahmad — Chief Executive Officer, HSBC Amanah Takaful (Malaysia) Berhad

9.20am – 9.40am

Industry Keynote: Innovation in Takaful and the Way Forward

  • Broader aspect of innovation and not limited to digital disruption
  • Regulatory and policy changes in Takaful to drive innovation
  • Matching innovation and business sense

Dr Mohamed Rafick Khan — Chief Executive Officer, Munich RE (Malaysia)

9.40am – 10.00am

Emerging Digital Technologies for Insurers
Valenzia Yap — Chief Executive Officer, PolicyPal, Singapore

10.00am – 10.40am

Tech Talk: Demystifying Blockchains – Understanding the technology behind the myths

Mark Smalley — CEO, Neuroware.io

10.40am – 11.00am

Coffee

11.00am – 12.00pm

DX Panel: Big Data Driving Product Development

  • How data is transforming the insurance industry
  • Rethinking insurance and takaful with data at the core: the importance of strategy
  • Driving client-centricity and product innovation using Big Data
  • Using analytics to deliver personalised and competitive pricing to win new customers
  • Understanding the reason analytics initiatives fail and how to prevent against them

 

Chia Hock Lai — President, Singapore Fintech Association, Singapore
Sharala Axryd — CEO, ASEAN Data Analytics Exchange (ADAX)
Winnie Chua — Co-Founder and Chief Product Officer, PolicyStreet
Syed Ahmad Fuqaha — Founder and CEO, KATSANA Advanced Telematics

Moderated by:
Valenzia Yap — Chief Executive Officer, PolicyPal, Singapore

12.00pm – 12.30pm

Design Thinking to Create a Culture of Innovation

Ronan Diego de Oliveira — Global Training Lead, Tandemic

12.30pm – 2.00pm

Lunch

2.00pm – 2.20pm

Insuring the Millennial – Exploring Untraditional Distribution Channels

Syed Ahmad Fuqaha — Founder and CEO, KATSANA Advanced Telematics

2.20pm – 3.10pm

Panel Discussion: Risk Management in the Digital Era

  • Is insurtech/regtech a necessity in risk & compliance management?
  • Conduct risk – major concern in the insurance & takaful industry
  • Taking risk management from compliance tocompetitive advantage

 

Anita Menon — Chief Risk Officer, Prudential BSN Takaful
Syahril Nizam Hasan — Chief Risk Officer, Manulife Insurance Berhad
Liyana Ang — Chief Risk Officer, Berjaya Sompo Insurance
Berhad

Moderated by:
Dr Mohamed Rafick Khan — Chief Executive Officer, Munich RE (Malaysia)

3.10pm – 3.30pm

Innovative Talent Strategies to Retain and Develop Talents in the Takaful Industry

Khairul Nizam — CEO, Finance Accreditation Agency

3.30pm – 4.00pm

Coffee

4.00pm – 5.00pm

Shariah Panel: Shariah Compliance in the Digital Era

  • Using technology for Shariah audit & compliance
  • Shariah non-compliance risks in the digital era
  • Key success factors for Shariah scholars in the future

 

Dr Younes Soualhi — Head, Islamic Banking Unit, ISRA
Dr Zaharuddin Abd Rahman — Founder and CEO, Elzar Shariah Solutions
Dr Akhtarzaite Abdul Aziz — Chairperson – Shariah Committee, Great Eastern Takaful Berhad

Moderated by:
Dr. Mohamed Hadi Abd Hamid — Head, Shariah Research and Advisory, Etiqa Takaful

Speakers

Dr Mohamed Rafick Khan Chief Executive Officer, Munich RE (Malaysia)
Yahya Adnan Ahmad Chief Executive Officer, HSBC Amanah Takaful (Malaysia) Berhad
Dr Akhtarzaite Abdul Aziz Chairperson - Shariah Committee, Great Eastern Takaful Berhad
Anita Menon Chief Risk Officer, Prudential BSN Takaful
Chia Hock Lai President, Singapore Fintech Association, Singapore
Khairul Nizam CEO, Finance Accreditation Agency
Liyana Ang Chief Risk Officer, Berjaya Sompo Insurance Berhad
Mark Smalley Co-founder and CEO, Neuroware
Dr Mohamed Hadi Abd Hamid Head, Shariah Research and Advisory, Etiqa Takaful
Ronan Diego de Oliveira Global Training Lead, Tandemic
Sharala Axryd Chief Executive Officer, ASEAN Data Analytics Exchange (ADAX)
Syahril Nizam Hasan Chief Risk Officer, Manulife Insurance Berhad
Syed Ahmad Fuqaha Founder and CEO, KATSANA Advanced Telematics
Valenzia Yap Chief Executive Officer, PolicyPal, Singapore
Winnie Chua Co-Founder and Chief of Product, PolicyStreet
Dr Younes Soualhi Head, Islamic Banking Unit, ISRA
Dr Zaharuddin Abd Rahman Founder and CEO, Elzar Shariah Solutions

Sponsor

Associate Partner

The Finance Accreditation Agency (FAA) is responsible for raising the standards and quality of professional learning and development in the financial services industry. As an advocate for the highest quality in internationally benchmarked standards for learning programs, FAA aims to create highly skilled and internationally mobile professionals for the global financial services industry.

FAA is an independent quality assurance and accreditation body supported by Bank Negara Malaysia (Central Bank of Malaysia) and Securities Commission Malaysia. The process of quality assurance practiced by FAA is underpinned by the FAA Technical Committee which comprises a world-class panel of experts and practitioners from the financial services industry and leading academics.

Contact us

For enquiries please contact:

Hatem Almasri
Account Manager, REDmoney Seminars
Hatem.Almasri@REDmoneygroup.com
Direct Line: +603 2162 7800 ext 31

Bejtullah Ferizi
Account Manager, REDmoney Seminars
Bejtullah.Ferizi@REDmoneygroup.com
Direct Line: +603 2162 7800 ext 44

Mathias Sosovele
Account Manager, REDmoney Seminars
Mathias.Sosovele@REDmoneygroup.com
Direct Line: +603 2162 7800 ext 25

For sponsorship opportunities:

Ramesh Kalimuthu
Events Sales Director
Ramesh.Kalimuthu@REDmoneygroup.com
Direct Line: +603 2162 7800 ext 65
Fax: +603 2162 7810

For speaking opportunities:

Suhail Sinnalebbe
Senior Events Producer
Suhail.Sinnalebbe@REDmoneygroup.com
Direct Line: +603 2162 7800 ext 43

Andrew Tebbutt
Managing Director
Andrew.Tebbutt@REDmoneygroup.com
Direct Line: +603 2162 7802

For marketing and media enquiries

Andy Law
Marketing Manager
Andy.Law@redmoneygroup.com
Direct Line: +603 2162 7800 ext 22

Clement Anthony
Marketing Executive
Clement.Anthony@REDmoneygroup.com
Direct Line: +603 2162 7800 ext 62

For any inquiries contact us

Our team will be glad to answer any questions you may have about this seminar.