Please note that due to a problem with the website it isn't currently possible to download your invoice.
An invoice will therefore be emailed separately once your booking has been confirmed.
Join us at the first IIAG Quarterly Seminar for 2025 to meet and network with colleagues and industry peers, and hear presentations covering:
- Solving the Cloud Assurance Gap
Glen Bluff, Vice Chairman of Cloud Pooled Audit Group, The Worshipful Company of Information Technologists
Julia George, Chair Financial Services Technology Panel, The Worshipful Company of Information Technologists
All insurance companies are now moving to the cloud but how do we still get assurance? Pooled audits allow Financial Service companies to collaborate in auditing cloud providers, reducing individual audit burdens while ensuring thorough oversight. This process not only addresses the stringent compliance requirements of regulatory bodies like the European Union and the UK's Financial Conduct Authority (FCA), but it also supports the Industry's collective responsibility for robust risk management and secure operations in the cloud.
Over the last 5 years the model has been tested with the collaboration of multiple banks harnessing their combined influence to audit the major global cloud service providers.
The Cloud Pooled Audit Group (CPAG) was initiated in 2019 by Grant Thornton and Glenn Bluff, a WCIT Liveryman and now Vice Chairman of the Pooled Audit Group as part of the WCIT’s Financial Services Technology Panel, chaired by Julia George. It has become a unified model and approach that brings together several of the world’s leading banks.
This year the CPAG will audit two of the main cloud service providers, with another planned for next year, for the international banks that have joined and are now looking to expand to include insurance companies.
- Conduct and Inclusion – Regulatory priorities and industry updates for Internal Auditors
Sasha Molodtsov, Partner Financial Services, BDO
Lydia McAlister, Senior Consultant, BDO
Emily Takatori, Assistant Manager Governance, Risk & Conduct, BDO
In 2024, the Insurance market saw heightened regulatory (FCA and Lloyd’s) and Government (House of Commons Treasury Committee’s ‘Sexism in the City’ report) interest around Non-Financial Misconduct (NFM).
The FCA’s NFM Survey (under a s.165 in February 2024) and subsequent NFM Survey Findings in October 2024, show that incidents of NFM continue to rise. Additionally, after updating its Culture Sub-Principles, Lloyd’s commissioned a further consultation “A modernised framework for dealing with poor conduct and behaviours in the market” which closed in December 2024.
Linked to broader culture, governance, and inclusion priorities, what role does internal audit have to play in ensuring firms' systems and controls are fit for purpose?
- Demystifying the world of Actuarial Pricing
Fred Sumner-Smith, Graduate Pricing Analyst, Westfield Specialty International
Edward Hepburn, Assistant Underwriter, Property D&F, Westfield Specialty International
This will be an in-depth, hands-on session where pricing models meet real-world application and our speakers will consider:
How Pricing Models Work: Learn the ins and outs of actuarial pricing and the delicate balance between technical pricing and underwriter judgment.
Measuring Adequacy: Get a closer look at pricing adequacy calculations and how to ensure you're charging enough.
Comparing Yearly Rates: Understand how to calculate rate changes and evaluate how your pricing stacks up year-over-year.
Assessing Overall Portfolio Health: Gain insight into evaluating pricing adequacy and rate changes at the portfolio level and how underwriters can leverage this data for strategic decisions.
Expect interactive walk-throughs, engaging discussions, real-world examples and tips to help you audit the complex world of actuarial pricing.
- Good Practices Development Group (GPDG) 2025 Refresh
John Roder, Good Practices Development Group
The Seminar will begin with registration and refreshments at 9.30am, will include a mid-morning coffee break with refreshments, and finish with a buffet lunch at 1:00pm.
Attendance is £75 per head and payment is via bank transfer- credit card payments are not currently accepted.
A copy of the invoice will be forwarded under separate cover for all boookings.
Full booking terms and conditions are available in the Knowledge section of the website under Governance and Policies.
Any cancellations made within 7 days of the event will not be entitled to a refund and if it has not already been paid, the outstanding fee will still be due.