3 February 2016

Assistant Treasurer O’Dwyer to deliver keynote speech at ICA Annual Forum

Assistant Treasurer Kelly O’Dwyer has been confirmed as the keynote speaker for next month’s Insurance Council of Australia (ICA) Annual Forum.

Registrations have now opened for the pivotal industry event, which takes place at Sydney’s Hilton Hotel on Friday March 4 from 9am until 5pm.

ICA CEO Rob Whelan said delegates would be listening closely to Minister O’Dwyer’s address for insights into any Government plans that may impact the $115 billion general insurance sector.

“Minister O’Dwyer has oversight of several issues that have the potential to greatly affect insurers and their customers in 2016,” Mr Whelan said.

“Among those are the findings of the Northern Australia Insurance Premiums Taskforce which the Minister is considering right now.

“Insurers will also be looking for signs the government is seriously considering ways to encourage the states to remove their insurance stamp duties as part of the package of tax reform measures it is planning to take to the Federal election.”

Other confirmed speakers at the Forum include:

  • Mr Peter Kell, Deputy Chair, ASIC
  • Mr Geoff Summerhayes, Member, APRA
  • Ms Jessica Irvine, Fairfax economics writer
  • Ms Catherine Fox, Author and workplace commentator
  • Mr David Bowen, CEO, National Disability Insurance Scheme
  • Ms Estelle Pearson, Managing Director, Finity Consulting
  • Mr Michael Gill, Chair, Insurance Council Effective Disclosure Taskforce

Previously known as the Regulatory Update, the focus of the event has been broadened this year to also examine changes to the business and political environment.

Mr Whelan said the Forum was a crucial opportunity for ICA members and related sectors to enhance their understanding of the developments, issues and trends that would influence general insurance over the coming 12 months.

“Delegates can expect perceptive analysis and robust discussion around key issues including the impact of climate change on insurance, efforts to assist low-income earners to better access insurance and the National Injury Insurance Scheme,” he said.

“After a tough 2015 for the industry due to significant payouts around catastrophe events and flat returns on investments, the ICA Annual Forum is an important opportunity for insurance professionals to gain an information advantage for the year ahead.”

Mr Whelan said the ICA had kept registration prices at 2015 levels.

Ticket prices are:

ICA Members: $425 Actuaries Institute Members: $425 Non Members: $525

The Forum enables eligible delegates to receive following professional development/accreditation points.

For more information, visit the event website here.



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