4.00pm - 4.30pm: Tea/Coffee Reception
4.30pm - 6.00pm: Meeting (which will be followed by networking drinks)
This event is open to SAI Members and invited guests who are currently, or in the recent past have been, Executive or Non-Executive Directors of financial institutions, and to actuaries who aspire to become INEDs in financial institutions. We have a registered list of people who fall into one of these categories and are interested in attending events.
We are delighted to bring to your attention the December 2019 Directors' Interest Group meeting.
This event is free of charge to SAI Members and invited guests. SAI Members attending this event must book online. Invited guests must contact firstname.lastname@example.org to register and attend this event.
Our three speakers for this event are Sylvia Cronin, Tom Barry and Seamus Creedon. Our speakers will explore the development of consolidator businesses in the life industry and the use of Ireland as a centre for consolidators and bulk reinsurers (many of whom are private equity-based) in the insurance sector.
The members of the Leadership Team for the Group look forward to welcoming you on 2nd December. We will also have the opportunity to network over drinks after the event.
Sylvia Cronin was Director of Insurance Supervision in the Central Bank and a Member of the European Insurance and Occupational Pensions Authority (“EIOPA”) Board of Supervisors from 2014 until 2019. Before joining the Central Bank, Sylvia spent the majority of her career working in the insurance industry, most recently as Chief Executive of Augura Life Ireland Ltd. Previously, Sylvia was the Chief Executive of MGM International Assurance Ltd. and spent several years with the AXA Group where she was head of Business Development, Services and Marketing in Ireland. Sylvia started her insurance career with the Fortis Group where her focus was on IT Management. Sylvia holds a Masters in Business Administration, was admitted as a Chartered Director to the Institute of Directors in London and is a CEDR Certified Mediator.
Tom Barry is Chairman of New Ireland Assurance, and - relevant to this meeting - also on the board of two companies with private equity components who complete bulk reinsurance deals in European and American markets. An INED for the past 10 years he is an actuary, former Chief Executive of Canada Life in Ireland and a former President of Insurance Ireland.
Seamus Creedon is an independent non-executive director at four financial services firms – two on each side of the Irish Sea and embracing life, non-life insurance and asset management. An actuary by profession, he was formerly a partner in the London firm KPMG. He was responsible for leading the provision of actuarial audit and advisory services to KPMG clients in several European countries. Seamus had previously been associated with Bank of Ireland, Abbey Life Group, and Irish Life. He led the volunteer involvement of the European actuarial profession (through the then Groupe Consultatif Actuariel Europeen) in the Solvency II development for several years. He served five years as a stakeholder representative to EIOPA until April 2016.