COVID-19 is a threat to our way of life and to the financial services industry. The IFoA has a significant role to play in the current crisis.
Appropriate and speedy modelling is essential for governments to make the correct policy decisions that affect all of our lives. More narrowly, we need to plan for the potential impact on insurance companies, pension funds, banks, investment managers and other financial services organisations.
We have to step up and respond to these challenges.
In order to ensure the IFoA can do this speedily and effectively, a small team has been established. This is the COVID-19 Action Taskforce – ICAT.
ICAT is responsible for leading and coordinating the IFoA’s response to the coronavirus crisis. It comprises
- Colin Dutkiewicz (Chair of the Life Board)
- Louise Pryor (Incoming President Elect)
- Jo Davis (Head of Communities)
- Julie Pallister
Plus over 550 volunteers.
From time to time, ICAT will seek additional volunteer support to complement the existing skillsets. If you are keen to get involved, and would like to be notified when ICAT are seeking additional support, please contact the Engagement team.
Find a full list of ICAT and other actuarial resources on the Pandemics Hub.
All details of ICAT workstreams and their activity can be found on the ICAT workstream webpages.
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Louise Pryor, IFoA President, will chair this free-to-view session, in which Alex Darsley, TPR, Actuarial Regulatory Policy, will be discussing the regulator’s Climate Change Guidance Consultation, which is seeking views on new guidance designed to help trustees meet tougher standards of governance in relation to climate change ri
This session will examine the megatrends and themes driving the Future of Work across the Financial Services industry, and how Covid-19 has accelerated new future work priorities with a particular focus on hybrid work and leadership mindset and capabilities.
Internal audit is often the Cinderella of the audit world. It’s a regulatory requirement for insurance companies to have an internal audit function, so why not make it as useful as possible? This session will look at how to link an internal audit plan to the risk register, and how that helps audit committees and boards to spot problems and fix them.
Climate change is one of the greatest risks facing our world today. Addressing it will require multi-faceted solutions. Through this panel session, we will explore the different levers that can be used to meet net-zero targets including climate science and data, government engagement, and mobilising green finance.