Event Details
Insurance companies: turning operational resilience into a competitive advantage
InTechForums Boardroom at 34 Lime Street, London EC3M 7AT,
Tuesday 08 October 2024
12:00PM - 14:00PM
Introduction
Competition in today’s London insurance market is relentless and satisfying customers’ ever-increasing demands is challenging. To effectively compete your digital re-invention must be continuous. Those companies who maintain a status quo, will inevitably be left behind.
With global regulators intensifying their focus on operational risk and resilience, both the EU and UK are gearing up to implement their own acts aimed at enhancing oversight in these areas, set to take effect in Q1 2025. While some may view these regulatory measures as mere distractions with their associated time and cost burdens, it's crucial to recognise the pressing need for improved resilience, particularly in the face of escalating cyber threats, fraud risks, the challenges posed by outdated IT infrastructure and the growing reliance on third party suppliers.
With the help of senior regulatory commentators, market experts and technology leaders, this fast paced 90-minute thought provoking roundtable will provide valuable insights to some of the latest key 'Hows' and 'How-nots' for insurance companies - irrespective of size - to maintain an up-to-date and robust regulatory framework, and sustainable operational resilience.
Who Should Attend
This briefing is designed for senior business, risk and compliance executives, IT, security, data governance professionals, plus underwriters and brokers who work in the Lloyd's and London insurance market, who wish to extend their understanding of this important and changing regulatory landscape. If this event is relevant to colleagues please forward this e-mail to them. Thank you.
Agenda
Speakers
Director, AJ Sheen Consulting
The Regulator’s View:
'What do you need to do to be resilient, prove resilience to regulators, and know whether you're there yet'
In a career spanning 30 years, Andrew Sheen has considerable experience in financial services and at the UK regulator, Basel II Committee Member and Tier 1 banks. Andrew is best known for the 8 years he spent at the UK regulator, firstly in senior roles at the FSA and subsequently at the Prudential Regulation Authority (PRA).
Andrew is a regular speaker and panallist on the global stage promoting the development and discipline of Operational Risk. Andrew is a fellow of the Institute of Operational Risk, having previously headed the England and Wales Chapter and has been a non-executive director.
UK & Europe GTM Strategy Advisor on DORA
The Regulatory Technology Expert’s View:
'How to get there and the benefits of operational resilience, incorporating the event theme of creating competitive advantage'
Highly accomplished with significant experience, Antony Bream is the UK & Europe GTM Strategy Advisor on DORA at Gieom. Antony is also a member of several advisory boards operating within the financial services sector.
Partner & Cyber Security Services Leader, Financial Services at IBM
'The Security Expert’s View'
Simi is a security risk professional with over 20 years of experience in cyber/information security risk management, helping clients define and operationalise their Cyber Security Strategy such that their security posture evolves with the constantly changing business, regulatory and the cyber threat landscape.
Simi is very passionate about driving adoption of AI in the security industry by helping clients prepare for Q-Day.
She also supports clients to adopt and operationalise Security Risk Quantification using FAIR methodology with a defined roadmap.
Simi has considerable international experience of working in the Financial Services sector across EMEA, US and APAC.
Chief Commercial Officer at Northdoor plc
'Roundtable Moderator'
AJ is an industry thought leader, providing commentary and advice on a number of subject areas including data, cyber security, cloud computing, supply chain security and regulatory compliance amongst other areas. He is regularly quoted in press and is a trusted source for unbiased, expert comment.
AJ is a member of IBM’s Worldwide Security Advisory Council focussed on data access and data security.
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