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How to take the ‘risk out of risk’

03In collaboration with The Association des Credits d’Assurance au Liban (LCI), the Secretariat General of the Aman Union organised its third technical training programme for the staff of Arab and Islamic countries’ ECAs.

It took place at LCI premises in Beirut this year, and the theme was,“Claims Recovery and Management, Political Risk Insurance and an Early Warning System.”

The event, attended by 28 trainees representing 12 Aman Union, members was aimed at providing the necessary tools to help staff in ECAs to perform their job more efficiently as claims and country risk officers.

The three-day programme was opened by Karim Nasrallah, general manager of LCI, and Mourad Mizouri, co-ordinator of the Aman Union. The first session was devoted to increasing the trainees’ technical abilities in claims and recovery and focused on practical case studies that allowed them to exchange their own experiences in claims analysis, investigation and process. The session was presented and facilitated by Ahmed Medhkour from Recovery Advisors.

On the second day, Barbara Ismail and Caroline Maginn, trainers from Cash Management Matters (CMM), gave presentations and case studies on the components of political risk insurance.

In addition, Hussein Khalif Jama, adviser to ICIEC’s CEO, made a presentation on ICIEC’s country risk model.

On the last day, the trainers from CMM addressed the question of early warning systems and best practices to minimise risks as part of a business plan and process.

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