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Insurance Technology Forums

Insurance companies: turning operational resilience into a competitive advantage

InTechForums Boardroom at 34 Lime Street, London EC3M 7AT,

Wednesday 26 June 2024

12:00PM - 14:00PM

Introduction

Competition in today’s London insurance market is relentless and customers are ever more demanding. 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improved risk management, particularly in the face of escalating cyber threats, fraud risks, the challenges posed by outdated IT infrastructure and the growing reliance on third party suppliers.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 technology leaders, senior regulatory commentators and market experts, 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.

Who Should Attend

This briefing is designed for senior business, risk and compliance executives, IT, 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

12:00 - 12:10
Welcome and Introductions

12:10 - 13:30
Presentations and Q&A

13:30 - 14:00
Buffet Lunch and Networking

14:00 - 14:00
Close.

Speakers

TBC -
TBC

Andrew Sheen - Director, AJ Sheen Consulting Limited and CeFPro Non-Financial Risk Advisory Board Member
Andrew Sheen

Director, AJ Sheen Consulting Limited and CeFPro Non-Financial Risk Advisory Board Member

In a career spanning over 30 years, Andrew is a foremost expert in Operational Risk regulation and its application in the UK, encompassing the full range of wholesale, retail and private banking as well as insurance. During his career, Andrew Headed Operational Risk Regulatory Advisory at Credit Suisse, Headed AMA Group Operational Risk at HSBC and Managed the Risk Infrastructure Team at the Prudential Regulation Authority (PRA). He is also a former Member of the Basel Committee’s Operational Risk Working Group.

Carl Stone - Security Associate Partner, Financial Services Sector Lead CCIE at IBM
Carl Stone

Security Associate Partner, Financial Services Sector Lead CCIE at IBM

As a Security Associate Partner at IBM Consulting, Carl leverages 25 years of industry experience and CCIE Emeritus credential to lead the Financial Services sector. My mission is to help clients in banking, financial markets, and insurance achieve secure, resilient, and compliant infrastructures that support their business goals and regulatory requirements.

Carl has a proven track record of delivering innovative and transformative solutions working with teams across IBM and external partners. He also brings valuable insights from his previous roles, among these include Head of Networks, Network Security, and Unified Communications at Worldpay.

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