Articles - Incoming IFoA President looks to "ramp up our relevance"

 In his inaugural address, President of the Institute and Faculty of Actuaries (IFoA), David Hare, said:

 "Actuaries have a key role to play in business and in public policy, in the UK and internationally. Last year the IFoA’s research on motor insurance claims led to a request for us to present evidence to the Transport Select Committee. Our research on the feasibility of guaranteed pensions was used by the Department of Work and Pensions to help develop the idea of defined ambition pensions. Our ongoing research into dementia and other long term care issues has led to conversations with the Department of Health. We are already informing the debate, but it is time that we were better understood. As President of the IFoA my focus will be to improve the understanding of the relevance of the work of actuaries. In short, I want to ramp up our relevance.”

 David Hare commenced his role as President of the IFoA on the 24th June 2013 from Philip Scott. A specialist in life insurance, Dr Hare is a partner with Deloitte following a career with Scottish Mutual, Abbey National and, latterly, Standard Life.

 Dr Hare was a member of the Faculty of Actuaries Council from 2001-2010 and Vice-President from 2009-2010. He is an active member of the IFoA’s Life community as both a member and former chair of the Life Practice Executive Committee.