Irla News

IRLA – Here to help

 

For all of our members and friends, in the coming weeks IRLA will be working to bring you news and knowledge to keep you aware of our activities and that of the legacy market.

Our HQ remains open Monday-Thursday, and if you call the office and get no answer please do email us and we will call you back. Office hours are flexible as we are mainly working from home but we will be available 09:00- 17:00.

IRLA can review articles, share technical updates, congratulate regarding transaction successes and comment upon reviews and innovations – we are here to support our market and show how we provide solutions for clients and training opportunities for our members and your associates.

If there is anything you think that we can assist with, such as passing on information, articles, newsletters or videos please do not hesitate to contact us. We are here to help and happy to do so.

T + 44 20 3362 4233 / secretariat@irla-international.com

Keep well and safe.

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IRLA Breakfast Briefing – Videos
We were delighted to have welcomed Lydia Savill; Hogan Lovells and Graham Ludlam; DAC Beachcroft to speak at the IRLA breakfast briefing “The Spiking Debate“, 24 January 2020.

On 30 January 2020, Richard Burrows and Dr Catriona Wolfenden from Weightmans presented at the Link and Learn session “An introduction to innovation in the insurance and legal sector“.

If you were unable to attend these sessions please click on the relevant titles to access the videos

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IRLA Professional Writing Skills – new date

Please be advised that this event has been postponed and we have re-scheduled for the 23 September 2020.

If you have any questions, please contact secretariat.

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IRLA Crazy Golf – Update

Don’t despair – IRLA are having to move events around but they will still be happening.

Our upcoming Crazy Golf evening at https://swingers.club/uk has had to be cancelled due to the current Covid-19 restrictions, but this very popular event will be back, later in the year.

Our grateful thanks to the guys at Swingers who have been so helpful and supportive in moving our event to an autumn date tba. In the meanwhile, look out for additional content and activities on the IRLA website, take care of yourselves, family and friends and we look forward to seeing you soon.

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IRLA Legacy 20/20 Vision, Brighton – New dates
Dear friends and colleagues, it has been a hard few weeks but with the recent escalation of health guidelines we have postponed the May event and have a new date of 23-25 November 2020. We hope that this will take place as the IRLA Board felt it was important to move forward as this is such a big event for our industry.

If you have already confirmed your registration with us then this will not change and new tickets will follow. If you need to make changes then please do contact myself in the first instance, but I do so hope that you will remain with us.

Meanwhile our thoughts are with you, stay well and safe.

Best regards

Leslie-Ann Giovnilli
IRLA Head of Academy
07776 302462

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IRLA Wine Tasting – Update

We are sad to announce the IRLA Members Wine Tasting evening, introduced by the Directors, which was to have taken place on 30 April at www.officespaceintown.com/venues-for-events  has had to be postponed due to the current Covid-19 restrictions. This new event – having as it does some of our board members presenting their own favourite wines – will take place at a new date, hopefully later this year.

Our grateful thanks to the guys at The Deck, Monument who have been both quick and professional in allowing us to move the event and we look forward to being able to enjoy the sights and sounds of the City from their rooftop space later in the year.

We have not yet cancelled the Annual Members Summer BBQ which is currently due to take place on July 2nd, pending developments in the fight against Covid-19; we will keep you updated. In the meanwhile, look out for additional content and activities on the IRLA website, take care of yourselves, family and friends.

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IRLA Code of Conduct

The IRLA Board believe that an important principle of leadership is to set a positive example regarding fair and ethical behaviour, and that IRLA members will respond positively in their own behaviours based on what they see of the Board’s conduct. The Board pledge to treat all members with courtesy and ask the same in return. The Board also asks that members treat fellow members and Association/AMS staff with respect, without aggression, abuse or harassment.

Association Directors and Association/AMS staff have the right to perform their duties and to assist others without fear of being assaulted, threatened, verbally abused or discriminated against. Any actions, unintentional or otherwise, whether physical or verbal (including threatening or abusive language made in person, over the telephone or in written communication), which cause members, Directors or Association/AMS staff to feel threatened, uncomfortable or embarrassed are unacceptable and will not be tolerated.

A single incident can amount to harassment and will be treated seriously. Any reported act or threat of physical or verbal abuse, or discrimination will be reported to the member’s employer with details of the incident.

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IRLA newsletter

December 2019, Issue 2

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AIRROC announcement

David Scasbrook Named AIRROC Person of the Year for 2019

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Human assets in legacy transfer

While media coverage tends to focus on structure and reserve quantum, talent is the cornerstone of a successful legacy business transfer, Stephen Roberts, Head of claims at RiverStone Europe.

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IRLA Press release

IRLA takes on Legacy Committee with backing of membership

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IRLA

Opportunities ahead for expanding legacy market, but caution needed: IRLA

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IRLA News

Reinsurance news

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IRLA Chairman says ‘no problems, just solutions’

The new Insurance and Reinsurance Legacy Association (“IRLA”) Chairman, Stephen Roberts speaking on behalf of the Board, today announced that as the voice of legacy, and following a strategic review, the Association is forming a number of member focus groups. This is to ensure that the reputation and professionalism of its members and their views are foremost in its brand.

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Legacy Roundtable 2019

Steady as she goes! Discipline will be key as the legacy market enters a period of rapid change.

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IRLA raises over £15,000 for MIND charity

In this our 20th anniversary year, IRLA members have been fundraising for MIND aiming for a target of £10,000.  We wanted to let you know that we have beaten the target and actually raised a total of £15,243 and we are still expecting a further £750.

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IRLA recognises Legacy Award winners

The Insurance and Reinsurance Legacy Association (“IRLA”) today announced the winners of the IRLA Services to Legacy Award and the Young Professional Award. These industry awards were presented at the Annual Congress in The Grand Hotel, Brighton.

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IRLA celebrates fundraising success with more than £11,000 raised for MIND

IRLA Congress delegates participate in iDrop from the BA i360
The Insurance and Reinsurance Legacy Association (“IRLA”) today announced in excess of £11,000 was raised as part of a fundraiser for mental health charity MIND at the IRLA Congress in Brighton. The annual gathering of IRLA members is taking place at the Brighton Grand Hotel on the 10 -12 of June, with over 300 delegates in attendance.

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IRLA Blog #7

Simon Barnes, Chief Restructuring Officer and Chief Claims Officer – Zurich Legacy Solutions

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Why new member David Rooney of David S Rooney Consulting joined IRLA

For many years I did not see the value of having corporate membership as the Company was very active in pursuing its own course and we always believed we could influence the market alone, due to the size and participation in the North American legacy space. After seeing all the exceptional work Paul Corver, as Chairman, and the Board, which by then was populated by more liability carriers, were undertaking to make sure the run off and legacy sector had a strong voice on on-going matters and in particular shaping the emerging losses here in the United Kingdom, we decided to re-join the organisation and add our own voice to shaping the way the market place responded. It was our belief that unity was a far stronger weapon, than trying to get our single voice heard. Prior to my departure I was proud of our continued and expanding involvement with IRLA, whereby our knowledge and experience was being recognised and employed.

After setting up my own consultancy in November 2018 offering specialised services to the London Market and in particular the legacy and run off sector, it was a natural progression to join IRLA as a sole trader. With access to risk carriers, capital providers, lawyers and consultants all whom are involved in the run off and legacy sector’s has increased my pool of potential clients. Being a member also gives me access to briefings on either emerging new losses or legacy matters, which helps increase my knowledge base. As a member these are free to attend which is a huge advantage rather than having to pay to attend other providers courses. Networking opportunities also exist during the year, this gives me access to other members in a more informal and relaxed setting, which enables ideas to be exchanged, and opportunities created. The training academy is another major consideration as I consider this is key to training the leaders of the future and ensuring that the loss of market knowledge and experiences are not lost forever and the problems of the past rear their head again. I believe the sole trader membership fee is good value for money and having IRLA on your CV shows your professionalism in the legacy market place.

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IRLA Blog #6

‘When opportunity doesn’t knock then build a door’

Mark Hallam – Head of R/I Asset & Liability Management | Managing Director | Property & Casualty Business Management – Swiss Re

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IRLA blog #5

‘Is there light at the end of the tunnel for run-0ff firms facing contract certainty?’

Baljit Goraya, Senior Managers and Stephen Arnold, Partner – PwC

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IRLA member offer – Grange Health Clubs

Offer of the month – November

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IRLA blog #4

IRLA’s fourth blog is written by IRLA member Graham Oswald, Director at PwC LLP.

IFRS17 : Important considerations for the legacy market

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IRLA – Media Release

IRLA announces re-election of Board members

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IRLA raising funds for MIND

£130 raised by Leslie-Ann Giovnilli

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IRLA blog #3

IRLA’s third blog is written by Leslie-Ann Giovnilli – Head of Academy

I recently watched a documentary on the suffragettes’ movement and became horrified once again at the escalation of events that arose in respect of a simple request for some form of equality

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IRLA

IRLA has signed the CEO Pledge – Inclusive Behaviours in Insurance

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IRLA Annual Report 2017/18

Please click the link for IRLA’s NEW Annual Report for 2017/18

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Building foundations: the future of legacy

By Rachel Gawler, ACMA CGMA Cert CII, IRLA Learning & Development Committee

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IRLA news

Media release – Legacy market making changes

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IRLA News

Insuring Women’s Futures – Securing the Financial Future of the next generation

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IRLA Blog #2

IRLA’s second blog is written by Rachel Gawler, IRLA Learning & Development Ambassador. An IRLA panel for the first time talking about Diversity, would I be sitting here on my own? I was pleasantly surprised!

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IRLA Blog #1

IRLA’s first blog by our Chairman, Paul Corver. As we embark on our 18th annual IRLA Congress, with it being the 6th held in Brighton, I am delighted to see more than 250 people registered for the event. Run-off has certainly turned a corner since the early days of IRLA (or Association of Run-Off Companies as it was then). Membership has climbed, and Congress attendance doubled since our first meeting in Brighton.

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Paul Corver – AIRROC interview

Paul Corver – AIRROC interview

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IRLA Announces 2017 Award Winners

Industry awards were presented for IRLA Services to Legacy and IRLA Legacy Young Professional at last night’s Annual Members’ Dinner at Ivory Vaults in London….

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Event starts in...

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