News eDaily10 Jul 2018

IIS announces offices in Singapore and London, appointment of new chairman

10 Jul 2018

IIS president & CEO Mike Morrissey has announced the opening of two regional offices in 4Q2018 - one in Singapore to expand the organisation's presence in the Asia Pacific region, and the other in London to focus on the EMEA region and support the society's role as secretariat of the Insurance Development Forum. The announcement was made during his opening address yesterday at this year's Global Insurance Forum in Berlin.

The IIS management team will continue to be led by Mr Morrissey as CEO and Ms Colleen KcKenna Tucker as executive director. Mr Greig Woodring, chairman of IIS for the last four years, will step down from his position this fall. Aviva digital global chairman and Aviva Asia executive chairman Chris Wei will take over the role.

“Greg leaves big shoes to fill as he has so skilfully and graciously managed the governance of the IIS and advised and counselled me over the years,” said Mr Morrissey, adding that IIS is fortunate to have secured Mr Wei as Mr Woodring’s successor.

Another new development is the partnership between IIS and The Institutes. The IIS became an affiliate of The Institutes, the leading education and research provider for the risk management and property-casualty insurance industry, in March this year due to a “harmony of values and aspirations”, said Mr Morrissey.

“I noticed right away that their vision is to be the key knowledge partner that best empowers risk management and insurance professionals,” said Mr Morrissey. The partnership will create a more robust platform for networking and connection among IIS members and will broaden the reach of The Institute’s professional development programmes.

IIS will continue to deliver the Global Insurance Forum each year and will offer regional forums with more focused meetings in other locations around the world. The society has also identified an opportunity to focus on informing international risk management and insurance organisations about technological innovations and disruptive trends facing the industry. “We will be the same IIS, only stronger, the same unique franchise with an improved foundation,” said Mr Morrissey.

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