ARC Runoff

the UK market body for insurance and reinsurance legacy management professionals

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The ARC academy was set up in the summer of 2005 for the dual purpose of providing cost effective and relevant training courses to the membership of the Association. It was apparent that whilst a company was undergoing the remove from live operation to legacy management that staff training and career opportunities were on the back seat. ARC realised this and tried an approach that worked within the new financial constraints and addressed areas where staff may require new, or revised, skills.

IEI are 2008/9 organisers of the Academy programme.


Effective from 1st October 2007, ARC, through use of a CII CPD Accreditation licence, are permitted to 'self-certify' their events against the CII CPD Accreditation standards. CII CPD Accrediatation is only used for events which are insurance/financial services related and of a sufficiently high standard to contribute to CII members CPD.


UPCOMING COURSES

For details of previous years see below.

Comments and pictures from the Legacy Management Couse held July 2008









Picture of Creditor Participation in Insolvency Committees Course held February 2008









Picture of Actuarial Course held December 2007









Pictures of the Schemes of Arrangement Course held October 2007









Since its inception the following courses have taken place:

Run-off Skills/ Legacy Management - an introduction to the different methods of working in discontinued business- July 2005, July 2006, July 2007, July 2008.

Schemes of Arrangement/ Part VII's - an introduction and working group on how they can be understood -September 2005, October 2006, October 2007.

Actuarial Skills - an understanding of the role of the actuary in the run-off area - November 2005, December 2007.

Discontinued Business Seminar - part of the 2-day Congress, the seminar is aimed at market practioners giving them a review of the market today and a preview of what is coming up next - March 2006, February 2007, February 2008.

Commutations - masterclass on how these are performed and why - November 2006

Asbestos, Pollution & Health Hazard claims -masterclass on what these are and why they are so different - January 2007.

Creditor Participation in Insurance Insolvency Committee's - February 2008.

Legacy Claims - March 2008.

For further details on the content included in these courses please access below.