Protect the planet or save yourself?
The apprentices', down to the last six, soldier on and put on their thinking caps as they tackle one of the hardest tasks set for The Insurance Apprentice 2020, sponsored by Marsh Africa.
Comprehensive environmental risk assessment
Acting as the board of Plastics and Recycling Pty Ltd, Judge Simon Colman, Executive Head of Digital Distribution at SHA Risk Specialists, Judge Nadia Starr, Chief Executive Officer at Inseta and guest Judges Peter Links, Vice President of Strategic Risk Consulting and Gert Wahl, Client and Markets Officer, Client Advisory Services at Marsh Africa, instruct the apprentices to perform a comprehensive environmental risk assessment regarding the company's environmental exposures at its four sites.
The apprentice's task is to prepare a risk management presentation for the next board meeting highlighting the key points resulting from the report's findings and their recommendations.
During preparation time, the apprentices are rudely interrupted because of an explosion that happened soon after they received their initial task. Using the work done for the board presentation, as an insurance and risk management adviser, the apprentices must now brief the Chairperson, Head of PR, legal counsel and advisers. The purpose of this is to provide insight to the board and delegation on the events, as well as establish a plan from which to work from (i.e. understanding the potential exposures at all sites including potential mitigation and crises response) and with this, the focus shifts for the apprentices.
Could the apprentices handle the pressure and which apprentice fell victim to elimination?
Watch it here
We would like to thank Marsh for sponsoring the fifth episode of The Insurance Apprentice 2020.
To watch the episode on YouTube, click HERE
To watch it on the website click HERE
To watch it on Facebook, click HERE
Leveraging the power of social media in creating, curating and managing content, we would like to thank our digital marketing sponsor Elite for making sure we get the biggest viewership we've ever had with TIA.
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1. Visit www.fanews.co.za
2. Click on the CPD tab
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The #Superfan competition
For every episode of The Insurance Apprentice, we have a question. Simply visit www.TheInsuranceApprentice.co.za, answer the #Superfan question, up to episode seven, to stand a chance to win R20 000, sponsored by Constantia Insurance. All the correct answers will go into a lucky draw and three people will be chosen to attend the finale where we will announce the winner of TIA2020. At the finale we will have a lucky draw between the three people and one person will win R20 000.
Superfan question
In episode five, task five, the apprentices are interrupted. What happened?
• They had to stop working and present immediately.
• There was an environmental disaster and they had to change their presentation as the media was demanding answers.
• Loadshedding takes place and the apprentices come up with innovative ways to present without slides.
Winner and runner up prizes
The winner of The Insurance Apprentice wins a trip to Lloyds of London, sponsored by Lloyds of London, a R75 000 bursary, sponsored by Inseta, a R20 000 cash prize, sponsored by the Graduate Institute of Financial Sciences (GIFS), a R10 000 cash prize, sponsored by Tracker and an apple watch, sponsored by Genasys Technologies. Thank you AIE conference organisers for sponsoring the winner of The Insurance Apprentice to go to the African Insurance Exchange at Sun City in July.
The runner up wins a bursary from GIFS worth R27 500 and a prize sponsored by CIB. Third place will also receive a bursary from GIFS worth R27 500.
One apprentice will receive the award for Best Team Player, voted for by their peers in the competition, and one apprentice will receive a prize as being the audience's favourite apprentice – the one they like most (not the favourite to win necessarily). These prizes are sponsored by Liberty and Innosys.
The IISA is sponsoring the Top 4 Apprentices' conference fees to go to the African Insurance Exchange at Sun City in July. They will also take part in a panel discussion at the conference, something we are very excited about.
Elite Risk Acceptances is giving away a R5 000 prize to someone who is really active on all or some of the TIA social media platforms, someone who really embraces social media and gets the engagement going. That person will be invited to the finale to receive the prize on the night, as The Insurance Apprentice Social Media Influencer 2020. Thank you Elite!
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