About the event
The upcoming UNFCCC COP26 in Glasgow will mark the announcement and signing of a formal partnership between the Insurance Development Forum and V20 Ministers of Finance to establish the Global Risk Modelling Alliance (GRMA).
This is a public-private partnership to promote access to, and local development of risk and resilience analytics, and represents the industry’s commitment and contribution to core risk modelling infrastructure development.
Join us on 3rd November 2021 for a hybrid experience at COP26 that combines standout sessions live from Glasgow with an engaging interactive online experience from IDF and our partners.
Following recent positive developments between the insurance industry and public sector in support of the drive to resilience, it’s time to focus on the importance of strengthening risk financing systems, including insurance systems as part of resilience building and adaptation efforts.
We’ll be showcasing the work of our member organisations that are achieving effective public-private collaboration to inspire further efforts to successfully address the impacts of climate change.
The event will be a blend of keynote statements, roundtable discussions and announcements.
Our line-up of panellists and speakers will be tackling topics including risk modelling as a public good, addressing the risk financing needs of countries, and scaling up effective public-private partnerships.
We hope you’re able to join us virtually for what will be a significant moment for IDF and our partners, and the wider efforts towards a climate-resilient future.
The Insurance Development Forum (IDF) is a public-private partnership led by the insurance industry and supported by international organisations, including the United Nations and the World Bank. It was established to facilitate and support the growth and development of insurance-related resources and capabilities to help achieve the objectives of the Sustainable Development Goals (SDGs) and related United Nations (UN) Agreements, collectively herein known as the UN Global 2030 Agenda.
It aims to optimise and extend the use of insurance and its related risk management capabilities to build greater resilience and protection for people, communities, businesses, and public institutions that are vulnerable to disasters and their associated economic shocks. Through its broad membership of insurance sector, governmental and other international institutions, the IDF enables:
- the optimal coordination of insurance-related activities
- the development of shared priorities
- the mobilization of resources
- the promotion of strategic and operational relationships within and between governments, industry, and international institutions
- safeguards the integrity and effectiveness of joint efforts and collective resources
V20: The Vulnerable Twenty (V20) Group of Ministers of Finance of the Climate Vulnerable Forum is a dedicated cooperation initiative of economies systemically vulnerable to climate change. The V20 works through dialogue and action to tackle global climate change. There are currently 48 member countries representing a population of 1.6 billion people.
BMZ: The Federal Ministry for Economic Cooperation and Development (BMZ), is a cabinet-level ministry of the Federal Republic of Germany. The Ministry works to encourage economic development within Germany and in other countries through international cooperation and partnerships. It cooperates with international organizations involved in development including the International Monetary Fund, World Bank, and the United Nations. Under the overall lead of the BMZ, the agencies Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and Kreditanstalt für Wiederaufbau (KfW) are responsible for implementing bilateral co-operation, the bulk of Germany’s official development assistance (ODA).
InsuResilience Global Partnership: The InsuResilience Global Partnership for Climate and Disaster Risk Finance and Insurance Solutions was launched at the 2017 UN Climate Conference in Bonn. Since its launch, more than 105 members have joined the Partnership. The Partnership aims to strengthen the resilience of developing countries and protect the lives and livelihoods of poor and vulnerable people against the impacts of disasters.
The central objective of the Partnership is to enable more timely and reliable post-disaster response and to better prepare for climate and disaster risk through the use of climate and disaster risk finance and insurance solutions, reducing humanitarian impacts, helping poor and vulnerable people recover more quickly, increasing local adaptive capacity and strengthening local resilience. This complements ongoing efforts in countries to avert, minimize and address climate and disaster risks.
UNDP: UNDP works in about 170 countries and territories, helping to eradicate poverty, reduce inequalities and exclusion, and build resilience so countries can sustain progress. As the UN’s development agency, UNDP plays a critical role in helping countries achieve the Sustainable Development Goals.
UNDRR: UNDRR (formerly UNISDR) is the United Nations focal point for disaster risk reduction. UNDRR oversees the implementation of the Sendai Framework for Disaster Risk Reduction 2015-2030, supporting countries in its implementation, monitoring and sharing what works in reducing existing risk and preventing the creation of new risk.
Mr. Denis Duverne is a graduate of the École des Hautes Études Commerciales (HEC). After graduating from the École Nationale d’Administration (ENA), he started his career in 1979 at the Tax Department of the French Ministry of Finance, and after 2 years as commercial counsellor for the French Consulate General in New York (1984-1986), he became director of the Corporate Taxes Department and then responsible for tax policy within the French Ministry of Finance from 1986 to 1991.
In 1991, he was appointed Corporate Secretary of Compagnie Financière IBI. In 1992, he became a member of the Executive Committee of Banque Colbert, in charge of operations. In 1995, Mr. Denis Duverne joined the AXA Group and assumed responsibility for supervision of AXA’s operations in the US and the UK and managed the reorganization of AXA companies in Belgium and the United Kingdom. From February 2003 until December 2009, Mr. Denis Duverne was the Management Board member in charge of Finance, Control and Strategy. From January 2010 until April 2010, Mr. Denis Duverne assumed broader responsibilities as Management Board member in charge of Finance, Strategy and Operations. From April 2010 to August 31, 2016, Mr. Denis Duverne was director and Deputy Chief Executive Off icer of AXA, in charge of Finance, Strategy and Operations. Mid-2014, Mr. Denis Duverne became a member of the Private Sector Advisory Group (PSAG), which brings together international leaders of the private sector whose shared goal is to help developing countries improve their corporate governance, co-founded in 1999 by the World Bank and the Organisation for Economic Cooperation and Development (OECD).
Since September 1, 2016, Mr. Denis Duverne has been non-executive Chairman of the Board of Directors of AXA. Since September 2018, he has been Chairman of the Insurance Development Forum (IDF). The IDF is a public-private partnership led by the insurance industry and supported by the World Bank and the United Nations, aiming to enhance the use of insurance to build greater resilience against disasters and to help achieve the United Nations Global 2030 Agenda.
Achim Steiner became UNDP Administrator on 19 June 2017 and will serve for a term of four years. The United Nations General Assembly confirmed his nomination on 19 April 2017, following his nomination by Secretary-General António Guterres.
Mr. Steiner is also the Vice-Chair of the UN Development Group, which unites the 32 UN funds, programmes, specialized agencies and other bodies that work to support sustainable development.
Over nearly three decades, Achim Steiner has been a global leader on sustainable development, climate resilience and international cooperation. He has worked tirelessly to champion sustainability, economic growth and equality for the vulnerable, and has been a vocal advocate for the Sustainable Development Goals.
Prior to joining UNDP, he was Director of the Oxford Martin School and Professorial Fellow of Balliol College, University of Oxford. Mr Steiner has served across the United Nations system, looking at global challenges from both a humanitarian and a development perspective. He led the United Nations Environment Programme (2006-2016), helping governments invest in clean technologies and renewable energy. He was also Director-General of the United Nations Office at Nairobi. Achim Steiner previously held other notable positions including Director General of the International Union for the Conservation of Nature, and Secretary General of the World Commission on Dams.
Achim Steiner has lived and worked in Africa, Asia, the Middle East, Europe, Latin America and the United States. He graduated in Philosophy, Politics and Economics (MA) from Worcester College, Oxford University and holds an MA from the University of London/School of Oriental and African Studies (SOAS).
Eric Andersen serves as President of Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions.
He also plays a key role as a member of Aon’s Global Executive Committee, which guides the operations of the firm, and he also leads Aon’s Operating Committee.
Eric most recently served as Co-President of Aon. Prior to that Eric was Chief Executive Officer of Aon Benfield, the world’s leading reinsurance intermediary and full-service capital advisor. Aon Benfield provides treaty and facultative brokerage service and advice, and provides investment banking, analytics, claims, and management consulting services and advice to insurance and reinsurance companies. In May 2018, Eric announced the start of a brand transition from Aon Benfield to Reinsurance Solutions.
Prior to this role, he served as Chief Executive Office of Aon Risk Solutions Americas, based in New York City. In this role, he was responsible for leading Aon’s largest geographic unit with 14,000 colleagues on teams in the United States, Canada, Bermuda and throughout Latin America.
Throughout his over 20-year career at Aon, Eric has served in a number of important leadership positions including Aon Risk Solutions U.S. retail field leader, Chief Executive Officer of Aon Global Americas’ global account segment, national co-Managing Director of Aon’s Financial Services Group, and Resident Managing Director of Aon in Southern California. Eric first joined Aon in 1997 via the acquisition of Minet. Prior to that, Eric also worked in London for a period at Alexander Howden in London’s Devonshire Square.
Andersen earned a MBA in Finance from Fordham University, and a Bachelor of Arts degree in Political Science from Colgate University.
Andersen sits on the board of trustees of Colgate University. He is actively involved with the Federal Advisory Committee on Insurance (FACI), as well as the Insurance Development Forum (IDF). He is a board member of Covenant.
Ian Branagan is responsible for all aspects of RenaissanceRe’s Enterprise Risk Management, manages the development of corporate strategy, and leads the company’s Insurtech endeavours. Mr. Branagan also represents RenaissanceRe on collaborative initiatives across public and private sectors to build resiliency in vulnerable communities around the world and lessen the impacts of natural disasters.
Mr. Branagan joined RenaissanceRe in 1998 to open the Dublin branch and lead the company’s modelling and client risk intelligence activities. He relocated to Bermuda and most recently London, assuming underwriting authority for several classes of business and ultimately becoming Group Chief Risk Officer in 2009.
Prior to joining RenaissanceRe, Mr. Branagan led the international activities of Applied Insurance Research Inc. (“AIR”), which included the development and marketing of AIR’s catastrophe models and tools. He also worked in the London market at DP Mann Limited, developing pricing and risks analytics. Mr. Branagan has a Bachelor of Science degree in Economics and European Economic History from Manchester Metropolitan University. He currently serves as Chair of the Risk Modelling & Mapping Group of the Insurance Development Forum.