Foundation Course in General Overview of Life Insurance Operations

Agent Development, Short Course

HRD Training Prog No 10001368379
Date & Time10 & 11 March 2025 
9.00 a.m. – 5.00 p.m.  
Registration Deadline6 March 2025
Learning FormatIn-Person Training

Overview

At the end of the programme, participants should be able to recognize the insurance companies’ environment, describe the roles and functions of the various departments in a typical life insurance and takaful company, identify various distribution channel used for marketing life insurance & describe professionalism through ethics, education and career planning. 

Recommended For

New entrants in the insurance companies / takaful operators, Existing staff who would like to explore their horizon in other departments for job rotation purposes & existing staff who would like to further develop their understanding in the respective departments.

Foundation Course in General Overview of Life Insurance Operations

For Inquiries

Sales

+603 2712 8882

Programme Structure

Day 1

• Life Insurance – History and Evolution
• Life Insurance companies and their environments
• Organisational Structure of Life insurance companies
• Principles of organisation
• Stakeholders / Levels and Functions of Management
• Responsibilities and business process of each departments

Day 2
• Functions of Each Departments Individual
» Risk Management / Legal Compliance
» Human Resources / Information and Technology
» Finance / Treasury Operations / Investment
» Audit / Actuarial/ Product Development
» Marketing / Product Distribution
» Underwriting
» Policy Serving / Customer

• Service/ Conservation
» Claims
» Branch Operations

• Distribution Channel
» Agents
» Telemarketing
» Bancassurance
» Brokers
» Corporate Agency

• Life Insurance agency profession

• Professionalism in insurance – Ethical behavior

• The new Financial Services Act

• Continuing education and career planning

Fees

Early bird (register before 24 February 2025) 

 Member Single – RM980 / USD230 

Non-Member Single – RM1,080 / USD250 

  

Normal Fees (closing on 6 March 2025) 

 Member Single – RM1,080 / USD250 

Non-Member Single – RM1,180 / USD272 

 

Member Group of 3 – RM930 / USD218 

Non-Member Group of 3 – RM1,030 / USD240 

Meet The Expert

ELWIN LAU
B.Sc (Hons) (UK), MFP(Aust), ANZIIF (Senior Assoc), ChFC, CFP, RFP and Shariah RFP

Elwin has been actively involved in insurance industry for more than twenty five years. He has held various positions as Manager of Underwriting, Branch Head and Head of Operations and Customers Service. He has a Bachelor of Science (Honours) and possesses a Master in Financial Planning. He is also a Senior Associate of The Australian Insurance Institute and New Zealand Institute of Insurance and Finance (ANZIIF).

He currently provides financial planning consultancy to both individual and business owners in the financial services industry. He serves as Treasurer of the Malaysia Financial Planners & Advisers Association. He also conducts regular training in technical insurance with Malaysian Insurance Institute and various institutions in financial planning for professional examination. He is a certified trainer to Malaysian Insurance Institute, RFP program in addition to CFP program.

Elwin is a Chartered Financial Consultant (ChFC), a Certified Financial Planner (CFP), Registered Financial Planner (RFP) and Shariah Registered Financial Planner (Shariah RFP).