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INSURANCE AND BANKING SECTOR CONFERENCE (virtual option)

July 15 @ 9:00 am - July 17 @ 3:30 pm

Ksh 15000

INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under Accountants Act, Laws of Kenya)

INSURANCE & BANKING SECTOR CONFERENCE
Theme: Driving Financial Resilience, Market Adaptation and Reporting Excellence in Kenya’s Financial Services Sector
Date: 15th -17 July 2026
Time: 09.00am-03.30pm
Venue: Virtual Delivery

OVERVIEW

The banking and insurance sectors remain key pillars of Kenya’s economic growth and financial stability. However, the operating environment continues to evolve rapidly due to changing regulatory requirements, economic uncertainties, technological disruption, increasing customer expectations, and emerging risks. Financial institutions are therefore required to strengthen their financial reporting frameworks, enhance risk management practices, maintain adequate capital levels, and leverage innovation to remain competitive and resilient.

The implementation of major reporting standards such as IFRS 17 Insurance Contracts and IFRS 9 Financial Instruments continues to reshape financial reporting across the sector. While significant progress has been made, institutions continue to face challenges relating to data quality, systems integration, actuarial modelling, expected credit loss calculations, and evolving regulatory expectations. At the same time, boards and management are under increasing pressure to improve governance structures, strengthen internal controls, and provide transparent and decision-useful information to stakeholders.

Technological innovation is also transforming the financial services landscape. The growth of digital banking, mobile financial services, fintech and Insurtech solutions, artificial intelligence, and advanced data analytics is creating new opportunities for operational efficiency, customer engagement, and financial inclusion. However, these developments also introduce emerging risks relating to cybersecurity, data governance, operational resilience, and regulatory compliance.

Further, the sector continues to play a critical role in advancing financial inclusion and supporting economic development. Despite the significant progress achieved in expanding access to financial services, institutions must continue developing innovative products and delivery channels that meet the needs of underserved populations while maintaining sound risk management practices.

Against this backdrop, the Institute has organized the Insurance & Banking Sector Conference 2026 to provide a platform for regulators, practitioners, accountants, auditors, actuaries, risk professionals, policy makers, and industry leaders to discuss emerging developments, share practical experiences, and explore strategies for enhancing financial reporting, institutional resilience, governance, innovation, and sustainable growth within the financial services sector.

 The conference will explore the following thematic areas:

  1. Economic Outlook, Regulatory Developments and Sector Resilience
  • Emerging economic and regulatory developments affecting banks and insurers
  • Prudential supervision and compliance expectations
  • Building resilience in an increasingly uncertain environment
  1. IFRS 17: Implementation Progress and Emerging Challenges
  • Lessons learned from implementation
  • Contractual Service Margin (CSM), actuarial and systems considerations
  • Financial reporting implications and regulatory expectations
  1. IFRS 9 and Credit Risk Management
  • Expected Credit Loss (ECL) modelling and impairment challenges
  • Credit risk management in a changing economic environment
  • Emerging implementation and regulatory developments
  1. Capital Adequacy, Solvency and Reinsurance Strategies
  • Capital adequacy and solvency requirements
  • Stress testing and capital optimization
  • Strategic use of reinsurance for risk mitigation and financial resilience
  1. Advancements in Actuarial Valuation and Risk Modelling
  • Emerging actuarial techniques and innovations
  • Predictive modelling and insurance risk assessment
  • Practical insights from industry
  1. Digital Transformation, Fintech and Artificial Intelligence
  • AI applications in banking and insurance
  • Fintech and Insurtech innovations
  • Data analytics and automation in financial reporting and decision-making
  1. Cybersecurity, Data Governance and Operational Resilience
  • Emerging cyber risks and threat management
  • Data governance and protection requirements
  • Strengthening operational resilience and business continuity
  1. Anti-Money Laundering Considerations for Banking & Insurance Sectors
  • Anti-Money Laundering and Automatic Exchange of Financial Information updates
  • AML Regulatory framework updates
  • Kenya’s Grey-Listing -Causes and your role in supporting getting Kenya out of Grey Listing
  • AML Compliance Challenges-Politically Exposed Persons, Beneficial Ownership, Due Diligence
  • Foreign Account Tax Compliance Act (FATCA) obligations
  • Common Reporting Standards (CRS) Obligation

 9. Digital transformation in insurance and banking in Kenya

  • The rise of mobile money and fintech
  • Digital banking platforms
  • Insurtech: digital insurance distribution models
  • Practical use cases of AI

 10. Feedback from 2025 Financial Reporting (FiRe) Award for Banking & Insurance Sectors

  • Areas of notable improvement
  • Major areas of non-compliance
  • Way Forward

TARGET AUDIENCE:

Banking professionals, Insurance professionals, Chief Internal & Risk Managers, CEOs, Senior Management, Aspiring bankers and insurance professionals, Members of Board of Directors of corporations, Business Owners and Entrepreneurs,

FINANCIAL COMMITMENT:

Category Charges Physical Virtual
Associate Members Kes 40,000 per Delegate Kes. 15,000
Full Members Kes. 45,000 per Delegate Kes. 15,000
Non-Member Kes. 50,000 per Delegate Kes. 15,000

CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS:

Members of ICPAK and other reciprocating professional bodies will earn 20 CPD points upon successfully attending the seminar.

ONLINE BOOKING:

We call on all participants to note that booking is available only online at www.icpak.com/events and it will close two hours before the training session.  Delegates are reminded to note that online booking for training sessions is MANDATORY.   This is available either online at www.icpak.com/events , you can also reach us through marketing@icpak.com

NATIONAL INDUSTRIAL TRAINING AUTHORITY (NITA) REIMBURSEMENT:

The Institute is registered as a trainer with the National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)

Further requests can be channeled to us via telephone calls on +254 719 074 100,  or via email to marketing@icpak.com.

We encourage members to regularly visit our website https://www.icpak.com for updates.

Details

Start:
July 15 @ 9:00 am
End:
July 17 @ 3:30 pm
Cost:
Ksh 15000
Event Categories:
,

Other

CPD Hours
20
Associates Member Cost
15000
Full Member Cost
15000
Non Member Cost
15000