The Pandemic Re Steering Committee today announces the formation of a Project Committee and of six working groups, as follows:
|Working Group/work stream||Chair|
|Customer Engagement and Distribution||Julie Page (CEO Aon UK Ltd)
Deputy – Chris Lay (CEO Marsh UK & Ireland)
|Technical Insurance||Steve Coates (CUO Pool Re)|
|Modelling and Data||Paul Jardine (Chairman of Asta and Chaucer)|
|Scheme Structure/Operating Models||Michael Dawson (Nuclear Insurance)|
|Pandemic Preparedness and Mitigation||William (Bill) Marcoux (Senior Corporate Lawyer)|
|Legal, Regulatory and Government Affairs||Amber Rudd (Former Senior Politician)|
Michael Dawson will chair the Project Committee and liaise with the Steering Group. The Project Committee will include the Working Group leaders, above, and Martin Hattrell (formerly senior corporate lawyer at Slaughter and May). The working groups are being populated by a balanced and diverse group of industry experts and each has a significant workstream to undertake with pre-determined areas of responsibility.
Over 50 representatives from leading insurance brokers, insurers and reinsurers, management consultants, data modelers, the medical profession and academia have been allocated to work streams and a further 65 have volunteered their or their organisation’s help. The Corporation of Lloyd’s has agreed to provide resources to two of the work streams.
Jon Dye, Chairman of ABI and CEO of Allianz Insurance, has agreed to join the Steering Group. Chaired by Stephen Catlin (Chairman and CEO, Convex) other members of the group include : Maurice Tulloch (CEO, Aviva), Stephen Hester (CEO, RSA), Julian Enoizi (CEO, Pool Re), Nick Frankland (UK CEO Reinsurance Solutions, Aon), James Nash (CEO, International, Guy Carpenter) and James Kent (CEO, Willis Re).
Stephen Catlin, Chairman, said: “The Steering Committee has made considerable progress by identifying working groups and business leaders to direct them as well as helping to determine the detailed activities for each work stream. I would like to thank all these volunteers for giving their time to this project.”
Michael Dawson, chairman of the project committee, added: “We have a significant task ahead although we have received enormous levels of industry support. The insurance industry is collaborative by nature and with this highly experienced group, we hope to be able to deliver a structure in a relatively short time frame.”