We have 4 guests and no members online
Why we’re to blame when our leaders fail us
A lot of media coverage has been given in recent weeks to an ex-chair of a national ethical bank, and it strikes me as interesting for a couple of reasons that you might not expect –
1) what finally ‘tipped the balance’: this is someone who’s expenses claims on the boards of several charities where they served as a trustee were seriously questioned over the years, and who’s Council computer they used in their duties as an elected councillor were apparently found to contain images that would breach most company’s IT usage policies... but it was only after they were ‘caught’ buying (not taking!) drugs that they were ousted: both as Chair of the Bank and as a Minister of the Church.
Does this mean that as a society we have a scale of (un)ethical behaviours that we’re prepared to accept? (probably - I've written about how pornography is more ethically acceptable than tobacco before...)
2) And given the above, how were they allowed to keep holding (and gaining) the positions of power and authority that they did?
And these questions get me thinking about how they were able to fall so far – why did no-one intervene sooner or spot warning signs?
I think it may be something to do with the way we treat and support those in authority: the higher up an organisation you rise, the less support you have available and offered to you.
For example: think about volunteering for a charity, or being the shop-front worker in a small business – there’s clear induction to make sure you know what you’re doing, regular check-ins to see if everything’s going well, and lots of legislation to make sure that employers are properly looking after you. But become a Director or a Trustee and all that seems to vanish... there are few formal inductions or reviews at the Board level in private, social and charitable enterprises I've walked alongside over the years – and this is echoed by the Charity Commission who've found that the majority of complaints they investigate are due to governance failings, and the need in the private sector over the years to introduce Codes of Conduct for Directors.
So – as the troubles of an ailing bank are heaped upon one person who succumbed to human weaknesses, do we really only have ourselves to blame when we've set them up with no means of helping to support them do the jobs we're asking and expecting of them?
Member news: CLIMBS works with Philippines Insurance Commission to help Yolanda victims
The Insurance Commission (IC) in the Philippines, working together with industry stakeholders, has recently approved and implemented the program “Agarang Proseso, Benepisyo ay Sigurado” to address the Yolanda victims’ urgent need for any immediate relief that is available.
“In furtherance of its mandate and to provide an even much faster relief to Typhoon Yolanda victims, the Insurance Commission is pushing for quicker insurance claims processing,” said a representative of the Commission. One of the microinsurance providers working closely with the Commission is ICMIF member CLIMBS General Life and Insurance Cooperative.
“With the joint efforts of all industry stakeholders, Agarang Proseso has established on-site Claims Action Centres (CAC), namely: CLIMBS General Life and Insurance Cooperative CAC in Tacloban City, CLIMBS CAC in Ormoc City and CLIMBS CAC in Cebu City,” the statement added.
According to the Commission additional CLIMBS centres were also to be set up in Tacloban City and at Tacloban City Hall as early as possible in December.
The IC will also observe how Microinsurance providers process payments after catastrophic events. The IC has called upon the industry players to process and release payments to the affected insuring public without the necessity of an actual claim being filed.
“The Insurance Commission is seriously entertaining the possibility of requiring insurance providers to release insurance proceeds to covered “Yolanda” victims without relying mainly on traditional documentary proofs and notices of loss,” the IC said. This is very similar to the response of ICMIF member organizations in Japan to the Great East Japan Earthquake and Tsunami in 2011 when helping their members/policyholders.
The Commission has made extensive discussions on “satellite imaging” and “crisis mapping” as basis for the payment of property insurance proceeds, instead of the traditional and actual documentary proof and professional adjustment.
“Ongoing coordination with the industry stakeholders is being made to ensure proper and prompt actions of all concerned,” the IC said.
As of 9 December, the National Disaster Risk Reduction and Management Council reported that the death toll is 5 934, with 1 779 still missing. The cost of the damage is in excess of $720m.
- PRESENTE DE NATAL MSC CRUZEIROS e COOPERBOM TURISMO!!! Excelente promoção de final de ano com direito a presente de Papai Noel !!! Para os clientes que reservarem e pagarem por qualquer cabine interna garantida no Natal 22/12 e Réveillon 29/12, auto
- Semana Santa em Santiago!!!
ICMIF Microinsurance Simulation: Four successful training events in Africa and Asia
In the space of five weeks, ICMIF has run a total of four microinsurance workshops in four different countries, on two very different continents. The four microinsurance workshops have had a total of 73 participants from 48 different organizations and 26 countries. During the training events the participants used the ICMIF microinsurance simulation which has developed by ICMIF and which taps into decades of experience from ICMIF member organizations who are already providing microinsurance. The microinsurance simulation enables participants to “learn microinsurance by doing” and the training gives people the knowledge and confidence to face the challenges they will experience when running real life microinsurance schemes.
On October 21-22, 2013, the first training course took place in New Delhi, India, supported by IFFCO TOKIO General Insurance Company Ltd and facilitated by Mike Ashurst, VP Training and Reinsurance, ICMIF, and Kumar Shailabh, Executive Director at Uplift Mutuals, India. Kumar said, “The workshop was really good and participants particularly liked the new format as the room was divided into demand and supply side. This new format, which was interactive and dynamic, pushed participants to be strongly involved into each decision they were taking.”
Our second microinsurance training event took place in Cape Town, South Africa on 4-5 November and took place immediately before the ICMIF Biennial Conference. The event was facilitated by Denis Garand, CEO of Denis Garand and Associates, Mike Ashurst and Zani Muller, Researcher at CENFRI, South Africa. Aliciah Motsoane of the National Funeral Directors of Lesotho Association shared her opinion about the training: “I found the workshop fantastic and the learnings I got will be very helpful for my organization in Lesotho and the other organizations I am representing”.
This was immediately followed by a Microinsurance Key Performance Indicators (KPI) Simulation Workshop on 6-8 November, 2013 in Jakarta, Indonesia. This event was organized by the ICMIF Microinsurance team together with other members of the Microinsurance Network, ADA, BRS & GIZ. This was the first time this specific workshop had been run and the ICMIF microinsurance simulation tool was again used by participants to monitor and improve their results and help understand how the microinsurance key performance indicators should be used. Robert Kuloba of the Insurance Regulatory Authority (Kenya) provided his feedback on the training: “I have participated in several workshops over the last few years but I have found this particular workshop very interesting as it helps to build a case for us to understand where we are in terms of taking care of the [microinsurance] target groups”.
The final ICMIF Microinsurance Workshop of 2013 was organized with the Malaysian Insurance Institute (MII), and took place on November 18-19, 2013 in Kuala Lumpur. Noralia Binti M. Fadzilah of Takaful Ikhlas (Malaysia) was one of those taking part. “Since I work in the Takaful industry, I have learnt a lot about the operations but thanks to the workshop, I have received a lot of knowledge and information on microinsurance and I will share them with my management team to see if they can be implemented,” she said.
For more information on the training event, please contact Marine Guais (Assistant Manager, Development at ICMIF) at email@example.com
At 8:30 p.m on 29 December ABC1 showed the first of four programs on the People's Supermarket in the UK. The programs were first broadcast on Channel 4 in the UK in early 2011. The People's Supermarket was established in May 2010. Is the People's Supermarket a food co-operative or is it something else?
On behalf of all States and Territories, on 8 November 2011 NSW Fair Trading invited submissions on reporting requirements for small co-operatives. Submissions closed on the 7 December 2011. Seven submissions were received from - NSW Department of Education and training, the Co-operative Federation of Victoria Ltd, the Australian Accounting Standards Board, Co-operatives WA, Mark Snell and the Sydney Live Steam Locomotive Society Co-operative Ltd.