The Institute and Faculty of Actuaries (IFoA)

A discussion with Tom Philp, CEO of Maximum Information, about his vision of the changes needed around exposure management, his own experiences as an academic, as a catastrophe modeller, and how the insurance industry should view risk. 

A discussion with Geoff Saville and Nalan Cabi on how the industry can bridge the gap between the practitioners and academia, the common mistakes made by insurers when modelling catastrophe risk, and a discussion specifically on flood modelling. 

In the first episode, we introduce the podcast series with an interview with Tan Suee Chieh on his vision for the IFoA during his tenure as the IFoA President (2020-2021). Hear him talk about his vision, adaptability of the IFoA during the pandemic, and some experiences from his long and successful career. 

In the latest episode of our 'Exploring the Change' series Nicholas Yeo and BaiYan Cao discuss with IFoA President Tan Suee Chieh the global reach of the actuarial profession and what this perspective means for actuaries now and in the future.

In this episode sustainability board member Lucy Saye speaks to Dr Ellen Quigley from the Centre for the Study of Existential Risk at Cambridge University on the topic of Universal Ownership. We explore the relevance of Universal Ownership to actuarial practice and the achievement of the SDG’s, covering topics such as climate change, inequality, the Covid 19 pandemic and actions Universal Owners such as pension funds and Life insurers can take to mitigate systemic risks.

More information about Universal Ownership can be found in the following papers: 

 Universal Ownership in the Anthropocene: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3457205

Universal Ownership in the Age of Covid-19: Social Norms, Feedback Loops, and the Double Hermeneutic https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3612928

In this episode, Melissa Leitner (Swiss Re, and Sustainability board volunteer) speaks to Sumit Misra (Bupa) and Kenneth McIvor (Willis Towers Watson) about how mental health is reflected in the SDGs, what the insurance industry is doing to better support people with mental health challenges, and the IFoA working party advancing this important work.

IFoA President Tan Suee Chieh and Matthew Edwards of Willis Towers Watson discuss the concept of 'grey swans' - world changing events from COVID-19 to the emergence of AI where the actuarial skill set can played a major role in mitigating risk.

In Episode 5, the IFoA’s Media Relations Manager Sonia Sequeira spoke to IFoA Fellows Stewart Mitchell and Cat Drummond. Both are partners at Lane Clark and Peacock, specialising in insurance consulting. Listen to this episode to hear more about the possible impact of Brexit on those working in General Insurance.

In this podcast, IFoA President Tan Suee Chieh and Marisa Hall, co-head of the Wills Towers Watson Thinking Ahead Institute explore how new fields and new skills are shaping the future of the profession. 

In this episode, Sustainability board member Lucy Saye speaks to Lisa Morgan from the International Labour Organisation (ILO) about SDG 8 decent work and economic growth and her work in the impact insurance team at the ILO.

For more information about topics discussed in this episode please see the links below:

https://www.ilo.org/global/lang--en/index.htm
http://www.impactinsurance.org/
https://www.unepfi.org/psi/
https://www.ilo.org/global/topics/green-jobs/WCMS_213842/lang--en/index.htm
Book recommendation: “Actuaries in Microinsurance: Managing Risk for the Underserved” Blacker J and Yang M, 2015