Camargue Academy

Since 2010, Camargue Underwriting Managers (Pty) Ltd (“Camargue”) has provided training to South Africa’s insurance industry. Our programme is designed to share the power of knowledge by making specialist products accessible to all insurance professionals. We are delighted to present the increased scope of our training through the Camargue Academy.

Training sessions are offered in the following formats:
1.   At Camargue’s offices in Melrose Estate, Johannesburg, on a regular basis unless states elsewhere.
2.  At countrywide roadshows throughout the year.
3.  Online Camargue Academy.


Through distinguished partnerships, the Camargue Academy contains a wide selection of topical training sessions which are accredited by the Insurance Institute of South Africa (“IISA”). We encourage insurance professionals to make use of these valuable knowledge transfer sessions as we collectively contribute to the development of the insurance industry at large. 

Our training provides for:

1. FAIS CPD: As per continuous professional development fit and proper requirements in the Financial Advisory and Intermediary Services Act 37 of 2002.

2. Product Specific Training: As per competence fit and proper requirements in the Financial Advisory and Intermediary Services Act 37 of 2002. In terms of Board Notice 194 of 2017 Determination of Fit and Proper Requirements for Financial Services Providers, a representative must complete product specific training, prior to the rendering of any financial service in respect of a particular financial product. Key individuals and representatives (not under supervision) on the register on 1 April 2018 are deemed competent in respect of product specific training but only in respect of the products applicable to them on 1 April 2018. Our sessions are accredited by the IISA should you be a member and require CPD hours for their professional standards. We highly recommend that all representatives of financial services providers that place business with us undertake our product specific training despite regulatory exemptions.

3. Class of Business Training: As per competence fit and proper requirements in the Financial Advisory and Intermediary Services Act 37 of 2002. In terms of Board Notice 194 of 2017 Determination of Fit and Proper Requirements for Financial Services Providers, a representative must complete class of business training, prior to the rendering of any financial service in respect of a particular financial product. Key individuals are required to complete class of business training prior to managing or overseeing a financial service in respect of the relevant class of business.



Important: Your responsibilities relating to training

Product Specific Training:

- A FSP must ensure that its key individuals and representatives have completed class of business training and product specific training. 

- A FSP must within 15 days after the training had occurred, record it in their training register and retain for not less than 5 years after FSP/representative/key individual ceases to render/manage financial services in respect of that product.

- A FSP must within a reasonable time after being requested to do so by a product supplier, provide confirmation that it’s representatives have obtained requisite class of business and product specific training, where the product supplier requires the confirmation in order to ensure compliance with its own legal obligation. 

FAIS CPD:

- A FSP, key individual and representative must comply with CPD requirements and ensure that activities undertaken are relevant to their business.

- A FSP must establish policies and procedures to ensure that its representatives and key individuals maintain and update their knowledge and skills, and ensure that training plans are in place for each CPD cycle.

- A FSP must maintain a training register containing the CPD activities of the FSP, its key individuals and representatives. The total number of CPD hours obtained per person must be calculated and evidence of CPD activities must be recorded. The evidence of CPD activities must be retained for a period of five years from the end of the CPD cycle concerned.

Camargue will send a confirmation of attendance/completion of our training sessions. Please ensure that these are sent to the relevant person at your FSP responsible for maintaining the training register.


Remember

  • CPD accreditation is allocated only once per year for a training event – but nothing stops you from attending the same course repeatedly.
  • Please ensure that you bring a valid driver’s licence or ID when registering to obtain CPD hours.
  • Please ensure that you have been signed in and out to earn CPD hours.

Product Specific

As per competence fit and proper requirements in the Financial Advisory and Intermediary Services Act 37 of 2002. In terms of Board Notice 194 of 2017 Determination of Fit and Proper Requirements for Financial Services Providers, a representative must complete product specific training, prior to the rendering of any financial service in respect of a particular financial product.

Key individuals and representatives (not under supervision) on the register on 1 April 2018 are deemed competent in respect of product specific training but only in respect of the products applicable to them on 1 April 2018.

We however highly recommend that all representatives of financial services providers that place business with us undertake our product specific training despite regulatory exemptions.

Important:
1. A 100% pass mark is required to successfully complete the product specific training
2. The link to the assessment can be found on the last page of the presentation
3. A certificate of completion will be provided should you successfully complete the product specific training.

Please click on the product presentations below and ensure you have completed the assessment on the last page.

Director’s & Officers’ Liability (Coming soon)Commercial Crime (coming soon)Cyber Risks (coming soon)Employment Practices Liability (coming soon)Pension Fund Trustees Liability (coming soon)Professional Indemnity (coming soon)Financial Institutions (coming soon)Medical Malpractice Indemnity (coming soon)

Camargue Academy Online

Camargue Underwriting Managers has entrenched its status as an innovative training leader within South Africa’s insurance industry with our online Camargue Academy. The online training is IISA accredited should you be a member of the IISA and require CPD hours for professional standards.

IMPORTANT:
Each module is also regarded as product specific training as per competence fit and proper requirements in the Financial Advisory and Intermediary Services Act 37 of 2002.

Brokers have complete control over their own learning process and can be accessed on any device, at anytime, anywhere. An 80% pass is required to complete a module, and each section must be completed before the user can move on to the next. Three attempts are permitted to pass a section before moving on; the programme follows a structured and specific sequence.

The following modules are available on the site:

1. Directors’ & Officers’ Liability (earn 5 IISA CPD Hours)
2. Employment Practices Liability (earn 3 IISA CPD Hours)
3. Cyber Risks (earn 1.5 IISA CPD Hours)
4. Commercial Crime (earn 2 IISA CPD Hours)

Visit Online Academy

Reading Material

quick guide to liability - eng

Our quick guide to liability Insurance - Available in English 

quick guide to liability - afr

Our quick guide to liability Insurance - Available in Afrikaans

Protection of Personal Information act

Camargue’s electronic guide to POPI – Protection of Personal Information Made Easy. The eBook is available free to brokers and their clients.  No part of this book may be reproduced or utilised in any form or by any means, electronic, mechanical, or other means, including photocopying and recording, or other information storage or retrieval system, without permission from the author.

liability under the consumer protection act

Consumer Protection Act (CPA).  A tool intended to give insureds and brokers access to a ‘simple language’ version of the CPA.

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