This session uncovers how insurance companies can implement the principles of the Three Lines of Defense structure to mitigate risk at their organization. Our speaker will describe the key roles and relationships, how to adopt the structure and adequately assess risks, the importance of sound controls, effective control rationalization for SOX, and other principles of risk management pertinent to the insurance industry.

Learning Objectives:

• Determining what the three lines of defense are and why they are important
• How to assess risk at your insurance company
• The importance of internal controls and how internal audit can help