Date: Thursday, 30th May, 2024
Timings: 9.00am – 11.00am
Location: Stephens Green Club, 9 St Stephens Green, Dublin 2, D02 C891
Overview
AI Governance – Challenges facing boards, the second, and third lines of defence
Artificial intelligence is set to have a profound and disruptive impact on the insurance industry, yet most firms remain unprepared for challenges that will be faced by their board, second- and third-lines of defence.
At this in-person seminar, Mazars consultants Gary Stakem and David O’Sullivan will explore how AI will impact insurance audit, explain why governance frameworks will need to be adapted, and discuss how the industry can successfully prepare for the implementation of the AI Act. We will also be joined by Gary Leyden, CEO of InsTech.ie, to discuss skill gap challenges facing the sector and why a collaborative approach is needed to overcome compliance and regulatory barriers to safe AI adoption.
The event will include a panel and audience discussion facilitated by Marie Anderson, Head of Insurance Consulting at Mazars.
Agenda & Speakers
09.00am – 09.30am – Tea/Coffee (Networking)
09.30am – 09.35am – Welcome, Brian Davis, Director of Corporate Services, insurance Ireland
09.35am – 09.50am – Introduction & challenges facing audit, Gary Stakem, Actuarial & Risk Service Director, Mazars
09.50am – 10.10am – Is the industry ready? Gary Leyden, CEO, InsTech.ie
10.10am – 10.30am – Governance, the AI Act and lessons learned from GDPR, David O’Sullivan, Privacy & Data Protection Senior Manager, Mazars
10.30am – 11.00am – Panel discussion, Marie Anderson, Head of Insurance Consulting, Mazars
Speakers
Marie Anderson, Head of Insurance Consulting, Mazars
Marie has 20 years’ experience in the insurance sector across professional services, life, general insurance and reinsurance firms as well as the Central Bank of Ireland. Marie has particular expertise in the areas of corporate governance and regulatory remediation projects, including fulfilling Head of Compliance and Chief Risk Officer roles. Marie is a Chartered Accountant (FCA), GradIRM (Institute of Risk Management) and ACOI (Association of Compliance Officers in Ireland).
Gary Leyden, CEO, InsTech.ie
Gary brings an outside-in view to the insurance industry. Unashamedly, Gary does not come from a career in insurance! His expertise lies in understanding the power of digital technology to transform and disrupt industries, having incubated and invested in over 300 technology companies across all industry verticals. As an entrepreneur, investor and mentor Gary believes strongly in building collaborative ecosystems to foster innovation. Gary’s educational background includes an MBA from the Smurfit Graduate School of Business, a Diploma in Marketing from University College Dublin, and a BBS in Business from Trinity College, Dublin.
David O’Sullivan, Privacy and Data Protection Senior Manager, Mazars
David is a certified data protection officer and acts as DPO for multiple organisations. He is also CIPT certified by the IAPP and is the IAPP KnowledgeNet Chapter Chair for Cork. His sectoral experience is extensive, having worked with organisations across healthcare, technology, FinTech, financial services and not-for-profit sectors. David has worked with international clients on large-scale projects including carrying out gap analysis and implementation in areas such as GDPR, the Digital Services Act, Digital Markets Act and the AI Act.
Gary Stakem, Actuarial & Risk Service Director, Mazars
Gary possesses over 15 years of insurance industry experience across life and non-life disciplines operating in reserving, capital modelling, risk management, and regulatory roles. Gary’s experience includes fulfilling Head of Actuarial Function and Chief Risk Officer roles for Irish domiciled insurers and has led external audits across an extensive range of (re)insurance entities.Gary is a Fellow of the Society of Actuaries in Ireland (FSAI), Chartered Enterprise Risk Analyst (CERA), and a Licentiate of the Compliance Institute (LCI).
If you have any questions or to register for this event, please email events@insuranceireland.eu