Non-Executive Director Workshop – 18 February 2009

1. Non-Executive Director Workshop – 18 February 2009 Barnett Waddingham, Cheapside House 138 Cheapside, London EC2V 6BW

2. ARROW Visits and Corporate Governance 10.00am – Registration 10.30am – Welcome & Introduction – Veronica France, ILAG Board member 10.35am – Session I – What’s facing NEDs from the FSA ?- Vicky Kubitscheck, Independent Audit Ltd ARROW risk assessment criteria – what FSA look for and how they make their assessment Preparing for FSA meeting – what’s new, what they might focus on, how to prepare Up-close and personal meetings as part of the new supervision process New focus on NEDs within CP08/25 - Approved Persons regime – significant influence function review 11.45 am - Refreshment Break 12.00 pm – Session II – Risk Governance – making it work for the business – Richard Sheath, co-founder and Director of Independent Audit Ltd/ Vicky Kubitscheck Connecting governance to better performance – RS What Solvency II has in store – Own Risk and Solvency Assessments (ORSA) - VK 1.00 pm – Close, lunch and depart