- Conference will identify the challenges for insurers looking ahead to the 2020s
- Regulation a major focus with Martin Wheatley, Andrew Bailey and Gabriel Bernardino confirmed speakers
- Leading politicians including a Senior Government Minister and Shadow Chancellor Ed Balls will join industry CEOs to debate key issues
The Association of British Insurers has today confirmed the speaker line up for its major insurance strategy conference, "Meeting the Challenges of a Changing World," which will take place on 9 July in London in partnership with KPMG.
Regulation will feature strongly in the conference agenda, as part of the ABI's aim to provide its members with greater insight into the new regulatory environment and how this will shape the market in the years ahead. Martin Wheatley, Chief Executive of the Financial Conduct Authority, and Andrew Bailey, Deputy Governor of the Bank of England and Chief Executive of the Prudential Regulation Authority will both give keynote addresses.
In addition John Griffith-Jones, Chairman of the FCA, and Sue Lewis, Chair of the FCA Consumer Panel will take part in a panel discussion on building consumer trust in insurers and the role of conduct regulation. Gabriel Bernardino, Chairman of the European Insurance and Occupational Pensions Authority (EIOPA), one of the three European financial regulators, will participate in a discussion identifying future challenges for insurers.
The conference agenda will also look more broadly at the key challenges facing insurers over the next decade and how changes in the UK economy and society will influence the way insurers develop products and services to better meet the changing needs of consumers. Leading politicians confirmed to speak include the Shadow Chancellor, the Rt Hon Ed Balls MP, one of the five keynote speakers. Chris Leslie MP will head a panel looking at analysis and predictions ahead of the 2015 General Election, while the Rt Hon Lord Hutton of Furness will take part in a panel discussion on the role of insurers within society. There will be a further keynote from a senior Government minister.
Political commentary and insight will be provided by the BBC's political editor Nick Robinson and ITV's Business Editor Laura Kuenssberg will chair the conference.
ABI Chairman and CEO of Prudential, Tidjane Thiam will open the conference and many of the insurance industry's most prominent leaders will take part in panel discussions around the key areas such as flood insurance, pensions, protection and motor insurance - including Nigel Wilson, Group Chief Executive, Legal & General, Adrian Grace, CEO, AEGON UK, Robin Spencer, Chief Executive UK & Ireland, Aviva; Amanda Blanc, Chief Executive, Commercial & Personal Lines, Axa UK and Axel Lehmann, Chief Global Risk Officer, Zurich.
ABI Director General Otto Thoresen says,
"We know that the new regulatory environment is a key element in the strategic considerations of insurers, and so we are delighted to have the leaders of both new regulators making keynote speeches.
"The conference will also examine the major trends in economy and society, in the impact of technology and in our climate, and how they are likely to shape the needs of consumers in the decade ahead. There will be both challenges and opportunities for insurers and we will seek to identify ways in which our member companies can develop products and services to better meet consumer needs, and play a wider role in building our economy.
"We have brought together an exceptional line up of speakers that make this conference a must-attend for people involved in the insurance, pensions and long term savings industry. It promises to be an exciting and thought provoking day."
The conference will take place on 9 July 2013 in London. Conference places are £250 for ABI member companies and £500 for non-members. Reserve places via the ABI website: ww.abi.org.uk
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