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Program
Overview
The
LOMA/LIMRA Strategic Issues Conference is a two-and-a-half day
conference focusing on the strategic issues facing insurance and
financial services companies in the Asia-Pacific Rim.
Hailed as the
meeting for CEOs and senior executives to explore topics ranging from
product innovation, agency management, and risk management to technology,
human resources, customer service and supplemental distribution channels.
Conference Presentations will include Case Studies, Discussion Panels,
and Presentations by Industry leaders, professionals and regulators.
Click here for a
list of past participants.
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Thank
you LIA!
LOMA and LIMRA International wish to thank the LIA for their guidance
and support in planning the 2005 program! |

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2005 Program
Here
are the sessions that will be offered during the 2005 Strategic
Issues Conference (SIC). Click on the following link
to see the 2004
conference program.
Manulife
Asia Senior Executive & GM, Victor Apps to Deliver Keynote Address
LOMA and LIMRA International are very pleased to
announce the keynote speaker for the 2005 Strategic
Issues Conference (SIC) is Victor Apps, Senior
Executive Vice President and General Manager,
Asia
. Apps is responsible for Manulife Financials insurance and mutual fund operations in Hong Kong,
Macau, Indonesia, Japan, the Philippines, Singapore,
Taiwan, Vietnam, Malaysia and Thailand.
He also handles Asian operations previously
managed by John Hancock Financial. |
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Sunday, June 12, 2005
4:00 – 6:00
p.m.
Registration
6:00 – 8:00 p.m.
Welcome
Reception
Sponsored by Life Insurance Association of Singapore
Monday, June
13, 2004
8:30
a.m.
Conference Opening
Robert A. Kerzner,
CLU, ChFC,
President
& Chief Executive Officer, LIMRA International, U.S.A.
Opening Keynote Address
Managing
for Profits Versus for Market Share
Victor Apps
Senior Executive Vice President and General
Manager, Asia Manulife
Companies want to ensure profitability when entering a new
market, but before profits come streaming in, they must first
establish a presence and gain market share. Senior management is
challenged with determining the point in a company's
business development cycle at which the focus should shift from
establishing a presence to making a profit.
Apps has learned valuable lessons in this area and will discus
the need for a bottom-line perspective when managing a life
insurance company and how too much focus on market share can be
detrimental to your business.
10:00 - 10:30 a.m.
Networking Break
10:30 a.m. - Noon
General Session—CEO Open Forum: Singapore
Moderator
Robert A. Kerzner, CLU, ChFC, Moderator
Panelists
Mark O'Dell Sr.
Executive Vice President and General Manager American International Assurance, Singapore
Philip Hampden-Smith
Senior Vice President and Chief Executive Officer,
Manulife (Singapore) Pte. Ltd.
Raymond Kwok
Managing Director, UOB Life
Assurance Ltd., Singapore
Chief executives from Singapore
will discuss what it takes to make companies profitable in a
competitive marketplace.
Noon - 2:00 p.m.
Lunch
2:00 - 3:00 p.m.
Concurrent Sessions 1
1.1 Winning with a Customer—Centric Focus
Liak Teng Lit
Chief Executive Officer, Alexandra Hospital, Singapore
Alexandra Hospital, the smallest acute care public hospital
in Singapore, has successfully carved a comfortable niche in the
health care market by focusing on customer service and
operational excellence - and in the process has received
numerous awards for excellence. According to Liak, "We
focus on creating a culture that always puts the interest of our
patients first. We learn from the best of other industries,
e.g., Citibank, Ritz Carlton, Toyota, and others. We work
closely with our patients to clearly define customer
values." Liak will explain how he and his staff are working
to create a hassle-free environment to wow their customers.
1.2 Finding Profits in the Workplace
Doyle Oakey, Ph.D
Senior Director, Research and Consulting LIMRA International
Increased competition requires companies to find additional
cost-effective channels to distribute insurance products.
Companies have found that the workplace offers plenty of room
for growth, but success depends on having certain key elements
in place when adapting this distribution strategy. Lamb will
discuss the organizational issues companies should consider as
they build or improve their worksite distribution channel.
1.3 Leveraging Financial Literacy for Competitive Advantage
Joel V. Basarich, Ph.D., FLMI
Managing Director, International Division LOMA, U.S.A.
Knowledge is power, a fact not overlooked by some of the
world's top insurers, which are offering their customers
financial primers, strategies, interactive tools, and more. Join
Dr. Basarich for a look at the best practices in the field of
consumer education and the returns companies expect to reap on
their investments in financial literacy.
3:00 - 3:30 p.m.
NETWORKING BREAK
3:30 - 4:30 p.m.
CONCURRENT SESSIONS 2
2.1 Evolution of the ALM Process
in Asia
Mark Saunders
Principal & Managing Director, Asia Tillinghast-Towers
Perrin
Companies
managing for profitability know that Asset Liability Management
(ALM) is key to achieving success. What is ALM and how can you
link it to your company’s investments to earn profits? Mr.
Saunders looks at the theory and practice of ALM as it has
evolved in the
Asia
region and offers his insights on ”best practice“ in this
area.
2.2
Improving Business Results With Competencies
Barbara Kruse, ACS
Second
Vice President, Human Resource Solutions,
LOMA
,
U.S.A.
Organizations
around the globe are reinvesting in their businesses by putting
the focus back onto employee competencies. Competencies help
individuals and organizations to improve their performance and
deliver key business results. By identifying the specific
requirements for successful job performance, companies can
recruit, select, train, coach, and manage employees in a more
consistent and effective manner. This presentation will include
practical examples of how companies can develop competencies, use
them to improve their human resource processes, and positively
affect their bottom line.
2.3
Turning Consumer Preferences Into Profits
Robert M. Baranoff, FLMI, LLIF
Senior Vice President, Member Benefits, LIMRA International
What
are the driving factors that influence consumers when they make
financial decisions? What types of products do they prefer, and
what habits have they exhibited when making purchasing decisions?
This presenter offers ideas on how companies can fulfill consumer
purchasing habits and thereby increase sales.
4:30 p.m.
NETWORKING RECEPTION
Tuesday,
June 14, 2005
8:30 a.m.
OPENING SESSION
WELCOME
Thomas P. Donaldson, FLMI, CLU
President and Chief Executive Officer LOMA, U.S.A.
General Session—Regulator
Panel - Spotlighting Industry Image
Moderator
Tan Kin Lian
Chief Executive Officer, NTUC, Singapore
Panelists
Low Kwok Mun
Executive Director, Insurance Supervision Department,
Monetary Authority of Singapore
Benjamin S. Santos
Insurance Commissioner, Insurance Commission, Philippines
It's no secret—the insurance industry has faced some
challenges in regard to corporate governance. Through it all,
consumer confidence has been compromised. The question now
becomes: What steps should the industry take to improve consumer
confidence? A distinguished panel of regulators will address
issues related to transparency, solvency, RBC, their top
priorities for the industry, and other topics related to
improving industry image. Following brief presentations by these
regulators, participants will have the chance to comment and ask
questions during a moderated discussion.
10:00 - 10:30 a.m.
Networking Break
10:30 - 11:45 a.m.
General Session —Bancassurance
Panel
Moderator
Sivam Subramaniam
Editor, Asia Insurance Review
Panelists
Peter Grimes
Regional Director, Partnerships Distribution, Insurance Asia
Prudential Corporation Asia Hong Kong
Roger Steel
Chairman, Hana Life Insurance Co. Ltd., Korea
Lance Tay
Vice President, Strategic Business Development American
International Assurance Company, Ltd. Singapore
Bancassurance has experienced great
success, thanks to a range of different business models that have
fallen under the "bancassurance" banner. What dictates
the success or failure of a bancassurance business? Could the
business model be a factor, or is it the implementation and
operation of the model itself that is the critical element to
success? Panelists will discuss the factors that influence
bancassurance success and therefore lead to improved performance.
11:45 a.m. - Noon
General
Session— Turning Advantage into Profit
Gerald Wyndorf
President and Chief Executive Officer, American International
Assurance Company, Ltd., Hong Kong
In the Asia Pacific region, AIA has
one of the best track records for profitability in the insurance
industry. The reason lies in its strategic advantages, including a
respected brand name, rigorous operating efficiencies, and a
reputation for excellence in employee development. This session
will discuss the key contributors to AIA's continuing success and
how this company turns strategic advantage into profit.
12:30 - 1:45 p.m.
Lunch
1:45 p.m.
General
Session— CEO
OPEN FORUM: ASIA -Building Profitable Companies in Diverse Markets
Moderator
Thomas P. Donaldson, FLMI, CLU
President and Chief Executive Officer, LOMA, U.S.A.
Panelists
Tan Beng Lee
Director and Group Chief Executive Officer, Great Eastern
Life Assurance Company, Ltd.
Patrick Poon
CEO, Greater China Region, ING Asia/Pacific Ltd.
David Skinner
Chief Executive Officer, New York Life International (Asia)
Building Profitable
Companies in Diverse Markets
It's not easy for executives
operating in different countries around the world. They face many
difficulties, including differing regulations, cultures, and
economies, and varying workforce skill levels of consumer
knowledge. These are large challenges, but making your business a
success is not impossible, according to three executives with
regional responsibilities for companies operating in several
countries in the Asia Pacific region. They will discuss the
challenges of building and sustaining successful ventures in more
than one market.
Small
Group Discussion Sessions
Conference attendees will discuss
issues raised during both the regulator and CEO panel sessions.
This will be an opportunity for you to share your views and gain
insight from your peers in the industry. Available panelists will
continue their conversations with conference attendees in these
small, interactive group sessions.
4:00 - 4:30 p.m.
Networking
Break
4:30 - 5:30 p.m.
Closing
Keynote Address
Dealing with Competition When
You are Doing Well:
Perspectives from Sun Zi's The Art of War
Wee Chow Hou, Ph.D., PPA, PBM, FCIM,
Professor of Strategy, Nanyang Business School, Nanyang
Technological University, Singapore
Every company has to operate in an
increasingly competitive environment. How should one handle
competition? What if your company is doing very well? What if you
are already number one? What would your goals and objectives be?
Dr. Wee will address how to apply Sun Zi's The Art of War
to these and other issues, including the competitive stance that
companies should adopt.
Dr. Wee is a widely published
author who has written several management books and has provided
educational, consulting, and executive training services to
corporations, including Fortune 500 companies in Europe, North
America, and Asia. His lectures applying Sun Zi's The Art of
War to strategic management and business practices have been
acclaimed by many organizations around the world.
5:30 p.m.
CLOSING REMARKS AND Adjournment
Meeting
Details
Register early and
save—download the Conference
Registration Form!
Before May 24, 2005
Members* - US$795
Nonmembers - US$995 nonmembers
After May 24, 2005:
Members* - US$895
Nonmembers - US$1,095
Member Volume Discount*
One free registration for every five paid registrations (registrations must
be from the same member company and made at the same time).
*Members of LOMA or LIMRA only
Hotel Information
The conference hotel is the Shangri-La Hotel, Singapore. Please
download the hotel registration form by clicking here.
Shangri-La Hotel,
Singapore
22 Orange Grove Road,
Singapore 258350
Tel : (65) 6737 3644
Fax : (65) 6737 3257 / 6733 1029
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Sponsorship
Interested in putting your name and expertise in front of 500+
financial services decision makers from this region?
Click
here to find out about sponsorship opportunities, or
download the sponsorship
opportunities booklet (PDF).
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Thanks to our 2005
Sponsors and Exhibitors!
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