Registration and morning coffee


Chair's opening remarks

Christopher Cundy, Contributing Editor, InsuranceERM


Keynote: The impact of the state of the global economy and the US economic environment on the insurance industry. Key risks and adapting strategies.

Thomas Holzheu, Chief Economist, Americas, Swiss Re


Keynote: Regulatory requirements and mandates for ERM

  • Decoding the complex regulatory landscape and different global, national and state regulators, e.g. Federal Insurance Office, ORSA, Dodd-Frank
  • Overview of the work program of the International Association of Insurance Supervisors (IAIS) and its implications, including the global Insurance Capital Standards (ICS), ComFrame, Insurance Core Principles, Global Systematically Insurers
  • Understand regulatory requirements from the ORSA and capital point of view
  • Ensuring compliance whilst implementing an ERM framework across different countries

Christina Urias, Managing Director, International Insurance Regulatory Affairs, National Association of Insurance Commissioners


Keynote: Strengthening overall business strategy by effective ERM governance

  • Integrating an ERM framework into business objectives, strategy and planning
  • Using ERM for making real-time sound business decisions
  • Fostering dialogue among senior executives and their Boards about ways to enhance risk management

David Huntley, SVP & Chief Risk Officer, Brookfield Life Assurance / Genworth Financial


Morning coffee break


Panel discussion: Chief Risk Officers' perspective: Aligning risk appetite and risk culture

  • Getting risk appetite statements and metrics right
  • The most impactful behaviors that constitute a strong risk culture
  • Is risk culture tangible and if so, is it measurable?
  • Who is responsible for ensuring a good risk culture?
  • How the three lines of defence can work together on risk culture
  • Practical solutions for embedding risk culture
  • Examples of bad and good risk culture
  • How an effective risk culture should support risk appetite

- Ajay Sawhney, CRO Financial Risk, TIAA-CREF 
- John Langione, Chief Risk Officer, QBE North America
- Ken Radigan, Chief Risk Officer: US & Bermuda, Aspen Insurance
Moderator:  Dave Ingram, Executive Vice President, Willis Re


Keynote: Effective usage of stress testing and scenario planning for the ORSA

  • Leveraging existing regulatory and internal stress testing processes for setting internal targets
  • Establishing the right balance - selecting tests that are adequately severe but not implausible
  • Effectively communicating stress test results to the board

James Gilligan, President & CEO, Blue Cross Life Insurance Company of Canada




Panel discussion: The interplay between capital and risk management

  • How ERM is impacting financial decisions across the whole organization
  • Risk-based capital management
  • Investment strategies vs  internal risk capital models
  • Portfolio optimization and strategic asset allocation in the low yield environment

- Daron Yates, Senior Director Actuary, Allianz Life Insurance
- Mark Abbott, Managing Director, Head of Quantitative Risk Management, The Guardian Life Insurance
- Sean O Dubhain, SVP, Senior Actuary, Capital Management, QBE North America
- Thomas Hettinger, Managing Director, Arch Reinsurance Company
Jack Gibson, Managing Director, Towers Watson


Keynote: The role of operational risk in ERM - it doesn't have to be a weak spot

  • Good practice for operational risk management and measurement
  • Operational risk vs  other risk types
  • Integration into risk appetite frameworks
  • Designing and selecting reporting that can drive decision making and risk behavior
  • Modeling techniques for the calculation of economic capital for operational risk

Gary D'Aquilla, VP Operational Risk, ERM, MassMutual Financial Group


Case study: How the risk and compliance function is increasingly using technology and access to data to help predict and model risk management

Duncan Barnard, Managing Director, Insurance Risk Services, Accenture
Sharad Sachdev, Digital leader for Insurance, Accenture
Paul Van Siclen, FS, Lead, Qlik


Afternoon coffee break


Panel discussion: Managing and monitoring model risk

  • Defining model risk
  • Challenges in quantifying model risk
  • Financial model validation in an insurance / reinsurance company
  • Do validation frameworks build trust?
  • Embedding model risk in the business

- Gary Venter, COO, Model Risk Management, AIG
- Michele Bourdeau, Head of Model Risk Management, TIAA-CREF
- Mandar Mudholkar, Senior Vice President, Capital Modeling, XL Capital
Moderator: Vinaya Sharma, Senior ERM Expert & Actuary, Quantitative Risk Management


Keynote: Emerging risks - managing the unforeseen

  • Key challenges that insurers and stakeholders face with new and evolving risks, e.g. fracking, cyber, reputational damage, energy blackouts, web and data security
  • Building a framework and pro-active approach for constant and coordinated risk scanning
  • Incorporating emerging risks into the ERM process
  • Creating opportunities - new product development, M&A, new strategic alliances

Marcia Cantor-Grable, Director, Emerging Risk & Regulatory Developments, Prudential


End of conference and networking drinks

To register or for more information please email [email protected]

Re/insurer/regulator: US$ 1199
All other delegates: US$ 1399

40% Paid subscriber discount.