Director of the International Institute of Risk Management Dr. S. Babych participated in the seminar organized in Kiev September 25 by Center for training and retraining of personnel and information and analytical support insurance business. Dr. S. Babych told top executives of the insurance companies on the basic requirements for the organization and functioning of the risk management system, approved by the National Commission Decree № 295 from 04.02.2014, and shared his experience in the development and implementation of risk management in the Ukrainian insurance companies.