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Informa
08:00 - 08:50

Registration & welcome coffee

08:50 - 09:00

Chairman’s Opening Address

  • Periklis Thivaios - Researcher, IE Business School
09:00 - 09:30

When the going gets tough, risk managers get going

What are the challenges and opportunities of running a modern country or business in the current geopolitical climate

  • Bronwen Maddox - Director, Institute for Government
more
09:30 - 10:00

Redefining risk in insurance: Four moves insurers must make

  • Matteo Coppola - Partner & Managing Director, Global leader of the Risk Insurance taskforce, The Boston Consulting Group
more
10:00 - 10:45

CRO panel discussion: When life hands you lemons, make lemonade… A time for caution or bravery?

What new products and innovations can be born out of these unstable market conditions?

  • Emmanuel Van Grimbergen - Group Chief Risk Officer, Ageas
  • Peter Grewal - Chief Risk Officer Reinsurance, Swiss Re
  • George Brady - Senior Advisor and Insurance Lead, Institute of International Finance
  • Christian Dahmen - Chief Risk Officer and Member of the Board of Management, NewRe
  • Moderator Ghislain Perissé - Head of Insurance Business and Services Development, AXA Investment Managers
more
10:45 - 11:15

Morning networking coffee break

11:15 - 11:45

Model Risk Management (MRM) : State of the market and benefits

Model Risk Management is a new topic in the insurance industry that is emerging on the CRO agenda. The purpose of MRM is to provide assurance that all material models (not just regulatory ones) are properly controlled. In absence of regulatory pressure it is important to articulate and demonstrate the benefits of MRM. A sound MRM framework will not only improve effectiveness i.e. the stability of model outcomes and other KPIs, but also improve the efficiency i.e. cost and reporting timelines of the models operated by insurers. Currently, the roles of model management and control functions are not yet standardized across the industry. A MRM function needs to drive standardization in defining model management standards, ensure consistency of practices and to increase efficiencies across the board.

  • Maribel Tejada - Senior Manager, Risk Dynamics
  • Roel Van den Heuvel - Associate Partner, Risk Dynamics
more
11:45 - 12:15

The customer-centric perspective

Building meaningful connections the innocent way

  • Dan Germain - Head of Brand and Creative, Innocent Smoothies
more
12:15 - 13:00

CRO Panel discussion: Can one business model please both the shareholders and the customer?

How are we achieving innovation, customer centricity and shareholder return whilst minimizing risks?

  • Alexey Kozhanov - Chief Risk Officer , Sberbank Life Insurance
  • Moderator Graham Handy - Chief Financial and Risk Officer, Sherpa Management Services
  • Nick Silitch - Senior Vice President and Chief Risk Officer, Prudential Financial
more
13:00 - 14:10

Lunch PLUS Closed door lunch PLUS Diversity and inclusion lunch

Executive cybersecurity incident simulation exercise & closed door lunch: Otter/Esperance

The ever-changing cyber threat landscape requires organizations to actively improve their cybersecurity. While the urgency of preparation is clear, how do you actually get ready for the unexpected?

  • Tony de Bos, Partner, EMEIA Financial Services Data Protection and Privacy Leader, EY
  • Neal Writer, Director, EMEIA Insurance Risk and Actuarial Services, EY
  • Rudrani Djwalapersad, Senior Manager, Cybersecurity Advisory, EY

Diversity and inclusion networking lunch:Witte Leeuw 

Join us for an informal discussion about diversity and inclusion in insurance companies led by: 

  • Katja Rieger, Managing Director, Ripple Effect
  • Barbara Schönhofer, Founder, The Insurance Supper Club
  • Katja Rieger - Managing Director, Ripple Effect GmbH
  • Barbara Schönhofer - Founder, The Insurance Supper Club
  • Tony de Bos - Partner, EY
more
Showing of Streams
15:45 - 16:15

Afternoon coffee break

Showing of Streams
17:50 - 18:50

Drinks reception PLUS practitioner champagne roundtables

Roundtable 1: Machine learning solutions for Solvency II: Actuaries were the first data scientists. Insurance companies were the first data companies. As every industry becomes a data industry and hires data scientists, insurance and actuaries should be leading the way! 

Led by:

  • Effi Mor, CEO, RemitRix
  • David Engelmayer, Chief Actuary Officer, RemitRix
  • Netta Shachar, Machine learning Researcher, RemitRix

Roundtable 2: Diversity and inclusion 

Led by:  

  • Katja Rieger, Managing Director, Ripple Effect
  • Barbara Schönhofer, Founder, The Insurance Supper Club

Roundtable 3:  The future of the CRO is NOW

  • Marco Vet, Risk Advisory and Insurance Industry Leader, Deloitte Netherlands
  • Markus Salchegger, Global Risk Advisory Insurance Leader, Deloitte
  • Roundtable 1 Leader Effi Mor - CEO, RemitRix
  • Roundtable 1 Leader David Engelmayer - Chief Actuary Officer, RemitRix
  • Roundtable 1 Leader Netta Shachar - Machine learning Researcher, RemitRix
  • Roundtable 2 Leader Barbara Schönhofer - Founder, The Insurance Supper Club
  • Roundtable 2 Leader Katja Rieger - Managing Director, Ripple Effect GmbH
  • Roundtable 3 Leader Markus Salchegger - Global Risk Advisory Insurance Leader, Deloitte
more
08:00 - 08:50 50 mins
Registration & welcome coffee
08:50 - 09:00 10 mins
Chairman’s Opening Address
  • Periklis Thivaios - Researcher, IE Business School
09:00 - 09:30 30 mins
When the going gets tough, risk managers get going
  • Bronwen Maddox - Director, Institute for Government
more

What are the challenges and opportunities of running a modern country or business in the current geopolitical climate

09:30 - 10:00 30 mins
Redefining risk in insurance: Four moves insurers must make
  • Matteo Coppola - Partner & Managing Director, Global leader of the Risk Insurance taskforce, The Boston Consulting Group
more
10:00 - 10:45 45 mins
CRO panel discussion: When life hands you lemons, make lemonade… A time for caution or bravery?
  • Emmanuel Van Grimbergen - Group Chief Risk Officer, Ageas
  • Peter Grewal - Chief Risk Officer Reinsurance, Swiss Re
  • George Brady - Senior Advisor and Insurance Lead, Institute of International Finance
  • Christian Dahmen - Chief Risk Officer and Member of the Board of Management, NewRe
  • Moderator Ghislain Perissé - Head of Insurance Business and Services Development, AXA Investment Managers
more

What new products and innovations can be born out of these unstable market conditions?

10:45 - 11:15 30 mins
Morning networking coffee break
11:15 - 11:45 30 mins
Model Risk Management (MRM) : State of the market and benefits
  • Maribel Tejada - Senior Manager, Risk Dynamics
  • Roel Van den Heuvel - Associate Partner, Risk Dynamics
more

Model Risk Management is a new topic in the insurance industry that is emerging on the CRO agenda. The purpose of MRM is to provide assurance that all material models (not just regulatory ones) are properly controlled. In absence of regulatory pressure it is important to articulate and demonstrate the benefits of MRM. A sound MRM framework will not only improve effectiveness i.e. the stability of model outcomes and other KPIs, but also improve the efficiency i.e. cost and reporting timelines of the models operated by insurers. Currently, the roles of model management and control functions are not yet standardized across the industry. A MRM function needs to drive standardization in defining model management standards, ensure consistency of practices and to increase efficiencies across the board.

11:45 - 12:15 30 mins
The customer-centric perspective
  • Dan Germain - Head of Brand and Creative, Innocent Smoothies
more

Building meaningful connections the innocent way

12:15 - 13:00 45 mins
CRO Panel discussion: Can one business model please both the shareholders and the customer?
  • Alexey Kozhanov - Chief Risk Officer , Sberbank Life Insurance
  • Moderator Graham Handy - Chief Financial and Risk Officer, Sherpa Management Services
  • Nick Silitch - Senior Vice President and Chief Risk Officer, Prudential Financial
more

How are we achieving innovation, customer centricity and shareholder return whilst minimizing risks?

13:00 - 14:10 70 mins
Lunch PLUS Closed door lunch PLUS Diversity and inclusion lunch
  • Katja Rieger - Managing Director, Ripple Effect GmbH
  • Barbara Schönhofer - Founder, The Insurance Supper Club
  • Tony de Bos - Partner, EY
more

Executive cybersecurity incident simulation exercise & closed door lunch: Otter/Esperance

The ever-changing cyber threat landscape requires organizations to actively improve their cybersecurity. While the urgency of preparation is clear, how do you actually get ready for the unexpected?

  • Tony de Bos, Partner, EMEIA Financial Services Data Protection and Privacy Leader, EY
  • Neal Writer, Director, EMEIA Insurance Risk and Actuarial Services, EY
  • Rudrani Djwalapersad, Senior Manager, Cybersecurity Advisory, EY

Diversity and inclusion networking lunch:Witte Leeuw 

Join us for an informal discussion about diversity and inclusion in insurance companies led by: 

  • Katja Rieger, Managing Director, Ripple Effect
  • Barbara Schönhofer, Founder, The Insurance Supper Club
14:10 - 14:15 5 mins
Stream A: Quantitative risk management
Chairman's opening remarks
  • Dominic Rau - Head of Risk Governance & Steering, Swiss Re
more
14:10 - 14:15 5 mins
Stream B: Risk management and regulation
Chairman’s opening address
  • Bart Rikkert - Lead Model Validator, Aegon NV
more
14:15 - 14:45 30 mins
Stream A: Quantitative risk management
Creating value for investors through capital management
  • Gianluca Sanmartino - Head of Group Enterprise Risk Management, Generali
  • Marco Giunta - Principal, The Boston Consulting Group
more
14:15 - 14:45 30 mins
Stream B: Risk management and regulation
Getting closer to European supervisory convergence
  • Jarl Kure - Principal Expert, EIOPA
more

What elements of progress so far within Solvency II are seen and how are we achieving more supervisory convergence?

14:45 - 15:15 30 mins
Stream A: Quantitative risk management
Developing an efficient risk appetite framework in a constantly changing world
  • Katja Pluto - Head of Enterprise Risk Management, Zurich Insurance Company
more

Incorporating capital and growth measures into your risk framework whilst keeping up with adjustments in the market

14:45 - 15:15 30 mins
Stream B: Risk management and regulation
Where risk meets digital
  • Fabrizio Pessina - Partner and Managing Director, The Boston Consulting Group
  • Alessandra Catozzella - Project Leader, Senior member of the Risk & Regulatory Insurance taskforce, The Boston Consulting Group
  • Lorenzo Fantini - Principal, The Boston Consulting Group
more

Impact of AI & robotics in risk & compliance management

15:15 - 15:45 30 mins
Stream A: Quantitative risk management
Navigating uncertain waters with a robust and comprehensive risk management framework
  • Tessa Kuijl - Senior Business Specialist Pensions & Insurance, Ortec Finance
more
  • The current economic environment could be persistent and the new-normal, but what if it’s not?
  • Business planning in an uncertain environment requires a top-down approach which oversees the market and business risks at every level of the company
  • Gaining full insight of the risks enables to act in an optimal way to achieve maximum potential for your stakeholders
15:15 - 15:45 30 mins
Stream B: Risk management and regulation
Conduct risk should be a major concern in the insurance sector
  • Henk Becquaert - Member Of Management Committee , Belgian Financial Services & Markets Authority (FSMA)
more

What are the activities that undermine the reputation of the sector? How can you overcome the limited trust consumers have in insurance products and the risks they create?

15:45 - 16:15 30 mins
Afternoon coffee break
16:15 - 16:45 30 mins
Stream A: Quantitative risk management
Optimizing collaboration around reporting and model changes
  • Jorg Sauren - Product Owner Group Risk Systems, NN Group
more

How to we organize model changes, integration of new business units and optimize speed in risk reporting?

16:15 - 16:45 30 mins
Stream B: Risk management and regulation
Corporate governance in insurers – does it work, and does it matter?
  • Pollyanna Deane - Partner, Simmons & Simmons
more
16:45 - 17:15 30 mins
Stream A: Quantitative risk management
Artificial Intelligence in insurance: Live demo
  • Raphael Borrel - Risk and Compliance Director, LV= General insurance
more

During this session, you will learn how to build your own artificial intelligence model from your own laptop! 

The session will include a live demo of artificial intelligence, will review key applications of artificial intelligence in the insurance industry and provide key considerations relating to data protection and non-discrimination perspectives that may result from AI use.

  This session will include polling, join at Slido.com with #RMI18

16:45 - 17:15 30 mins
Stream B: Risk management and regulation
Same same, but different: Solvency 2.1, global Insurance Capital Standards and IFRS
  • Tobias Buecheler - Head of Regulatory Strategy, Allianz Group
more
  • An outlook on the review of Solvency II and its interaction with the development of a global Insurance Capital Standard and the new IFRS accounting framework
  • Implications for business steering and risk management
17:15 - 17:45 30 mins
Stream A: Quantitative risk management
Internal model review: how far have we come?
  • Dominic Rau - Head of Risk Governance & Steering, Swiss Re
more

Improving efficiency and review of infrastructure

17:15 - 17:45 30 mins
Stream B: Risk management and regulation
How should risk management change to prepare for IFRS 9/17, block chain technology and the growing risk averseness of insurers?
  • Bart Rikkert - Lead Model Validator, Aegon NV
more

Many companies within the insurance industry have experienced the crisis with lower returns and higher regulatory scrutiny, resulting in old guarantees proving quite expensive, difficult to model and difficult to explain to their stakeholders. 

In combination with increasing regulations and requirements to report more market based and more transparently, the multitude of guarantees and other embedded options within the existing products is becoming less convenient and desirable.

Companies are becoming more and more risk aware/averse and are developing more plain vanilla products, shifting the risks to a large extend to the clients with new products that are becoming more fee based. The old – existing – products will run their course for the next decades, slowly diminishing.

 So, while preparing for IFRS 9 and IFRS 17, we see a division within companies, where old products still contain complicate structures and guarantees while for new products companies take on become more asset managers. 

 What does this mean:

The ‘old’ part of the companies still have a wide range of risks involved, but the ‘new’ parts move towards mainly having operational risk and expense risk. 

 For the old insurance products a focus on stabilizing guarantees and creating an as stable as possible cash flow is required. The key focus will be on getting these parts IFRS proof, keeping risks and cost contained. 

 

17:45 - 17:50 5 mins
Stream A: Quantitative risk management
Chairman’s closing remarks
  • Dominic Rau - Head of Risk Governance & Steering, Swiss Re
more
17:45 - 17:50 5 mins
Stream B: Risk management and regulation
Chairman’s closing remarks
  • Bart Rikkert - Lead Model Validator, Aegon NV
more
17:50 - 18:50 60 mins
Drinks reception PLUS practitioner champagne roundtables
  • Roundtable 1 Leader Effi Mor - CEO, RemitRix
  • Roundtable 1 Leader David Engelmayer - Chief Actuary Officer, RemitRix
  • Roundtable 1 Leader Netta Shachar - Machine learning Researcher, RemitRix
  • Roundtable 2 Leader Barbara Schönhofer - Founder, The Insurance Supper Club
  • Roundtable 2 Leader Katja Rieger - Managing Director, Ripple Effect GmbH
  • Roundtable 3 Leader Markus Salchegger - Global Risk Advisory Insurance Leader, Deloitte
more

Roundtable 1: Machine learning solutions for Solvency II: Actuaries were the first data scientists. Insurance companies were the first data companies. As every industry becomes a data industry and hires data scientists, insurance and actuaries should be leading the way! 

Led by:

  • Effi Mor, CEO, RemitRix
  • David Engelmayer, Chief Actuary Officer, RemitRix
  • Netta Shachar, Machine learning Researcher, RemitRix

Roundtable 2: Diversity and inclusion 

Led by:  

  • Katja Rieger, Managing Director, Ripple Effect
  • Barbara Schönhofer, Founder, The Insurance Supper Club

Roundtable 3:  The future of the CRO is NOW

  • Marco Vet, Risk Advisory and Insurance Industry Leader, Deloitte Netherlands
  • Markus Salchegger, Global Risk Advisory Insurance Leader, Deloitte