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Sajid Javid confirmed as keynote speaker at ABI Solvency II Conference

Sajid Javid MP, the new Financial Secretary to the Treasury, will discuss one of the most crucial challenges facing the UK insurance industry – Solvency II – at an ABI conference on 31 October at the Grange Tower Bridge Hotel, London.

The event titled ‘Looking to the future’ will bring together insurers, politicians and regulators from UK, Europe and beyond to debate recent developments and what action is now required to ensure the successful completion of the new Solvency II regime and its implementation by the UK insurance industry.

Core themes which will be debated on the day include:

  • EIOPA’s recently released guidelines for the preparation of Solvency II, which are due to be implemented by national regulators from 1 January 2014 and cover the interim period leading up to full Solvency II implementation on 1 January 2016
  • How Solvency II will lead to greater disclosure of information about business operations and what this means for the industry
  • The expected agreement before the end of the year on the fundamental features of the Solvency II regime, including long-term guarantees and third-country equivalence
  • International developments on insurance capital standards

Otto Thoresen, Director General at the Association of British Insurers said:

"Solvency II represents the largest change to insurance regulation in a generation. Its potential impact cannot be under-estimated. I would encourage you to book your place today to ensure you are up to speed with the latest political and technical developments, as well as the progress that is being made towards implementation.”

The conference will include keynote speeches, panel discussions and breakout sessions on key aspects including: managing increased information requests under Solvency II, the importance of insurers’ roles as long-term investors and providers of retirement products, and the UK’s role as a force in global insurance markets.

Andy Briggs, Group Chief Executive at Friends Life and conference keynote speaker said:

"The insurance industry has a critical role to play in helping customers to make adequate provision for their financial future. My speech will explore the future shape of the market against a backdrop of what we have achieved so far in relation to Solvency II and what our focus should be going forward.”

Other keynote and panel speakers include:

  • Raj Singh, Group Chief Risk Officer, Standard Life
  • Justin Wray, Head of Policy Unit, EIOPA
  • Sharon Bowles MEP
  • Jonathan Evans MP
  • Axel Wehling, German Insurance Association (GDV)
  • Bradley Kading, Association of Bermuda Insurers and Reinsurers

For more information on speakers and to register to attend the event please visit our Solvency II Conference page. 

Last updated 01/07/2016