Course Description

Synopsis: 

This course provides a comprehensive and practical foundation for professionals involved in insurance, risk management, fraud investigation, internal audit, and corporate governance.

It focuses on equipping participants with the tools and strategies needed to enhance organisational efficiency, improve accountability, and mitigate the risk of corporate insurance fraud. The speaker will share foundational principles, standards and best practices of corporate insurance fraud to have a deeper understanding on how you can effectively plan, conduct, and formulate strategies for preventing future occurrences.

At the end of the session, participants will gain valuable insights into improving their own organsations' fraud detection and response capabilities with continuous improvement and organsational success. 

The topics of this course include:

1. Overview of Corporate Insurance Fraud

• Definition of Fraudulent acts
• To outline the typical investigative process

2. The Role of Internal Audit/Fraud Department

• Enhancing organisational efficiency and accountability
• Key responsibilities and objectives

3. The Investigative Process

• Detection & Triage (Initial Alert)

4. Why Case Studies are Crucial

• Overview and components

5. Common Threats from Successful Investigations 

• Whistleblowers, technology, analytics

Intended For:

• Audit Professionals / PAIP
• Finance Professionals / PAIB
• C-Suite & Directors
• Business Owners

Competency Mapping: 

• CPE Category 2 = 0.5 CPE Hour
• CPE Category "Others" = 0.5 CPE Hour