General Insurance Spring Conference 2024: Internal model validation – where did it all go wrong and what can we do about it?

Wed 24 Apr 2024 -
13:30 - 14:30

A practical session on internal model validation, why it gets a bad reputation, and what we can do as an industry to ensure it's valued by boards.

During the session, we will:

• look at the evolution of internal model validation, the key challenges along the way, and current industry best practice
• focus on what boards value most and how validation teams can deliver that most effectively
• share case studies of what is working well, and less well, across a range of different insurers

Featured Speakers

Tom Durkin

Tom heads up LCP’s insurance consulting practice in London. He has over 20 years’ actuarial experience. He works with a wide range of insurers, including commercial insurers, large personal lines insurers, and Lloyd’s syndicates. Tom is a non-executive director of a professional indemnity mutual insurer and was recently also chief actuary for several other insurers.