The Insurance Development Forum (IDF) announced the appointment of Denis Duverne as chair of its Steering Committee, succeeding Stephen Catlin, effective Sept. 11, 2018.
The IDF is a public-private partnership, led by a senior insurance industry executive and supported by the United Nations and the World Bank, which aims to enhance the use of insurance to build greater resilience against disasters. overseen by a Steering Committee..
Duverne is chairman of Paris-based AXA Group, where, since 1995, he has held senior roles, including CFO and deputy CEO. Since 2016, he has been a member of the IDF Steering Committee, which oversees the group.
Duverne will replace Catlin, founder and former CEO of Catlin Group Ltd, who has led the IDF as Chair since its creation in 2016.
During Catlin’s tenure, the IDF has supported several groundbreaking insurance developments, including the Centre for Global Disaster Protection and the G20 InsuResilience Global Partnership by the UK and German governments. It has also driven critical initiatives on enhancing open source and transparent risk modeling, market-enabling regulation and partnerships with international institutions.
“From just a concept a few years ago, the IDF has mobilized an extensive network of experts and influencers in the insurance and development space and has made great strides in strengthening public-private dialogue. I’d like to thank the IDF founders and participants for all their hard work to get it to where it is today,” said Catlin.
“I would like to thank Stephen for his important contribution to the IDF as chair,” said Duverne. “Over the past two and half years, he has managed to build an unprecedented public-private partnership. I am honored to have the opportunity to lead the IDF in leveraging the insurance industry’s extensive expertise for real impact.”
“Stephen has been critical in driving the IDF to become the platform for private and public-sector collaboration on insurance and international development to achieve the UN development goals. I look forward to working with Denis, a leader in the private sector, to take IDF to the next operational level,” said Achim Steiner, UN Development Programme Administrator and IDF Steering Committee co-chair.
“With his wealth of experience in leading a multi-national re/insurer, Denis will be an invaluable asset in driving the vision of the IDF and its operational agenda, building on the strong foundations and partnerships created by Stephen,” said Joaquim Levy, managing director and World Bank Group CFO and IDF Steering Committee co-chair.
“When Stephen became IDF chair in 2016 it was a promising initiative, but he transformed it into a comprehensive Steering Group of industry leaders and has taken it to an entirely different level,” said Rowan Douglas, chair of the IDF Operating Committee and head of Capital, Science and Policy Practice at Willis Towers Watson.
“I don’t know anyone else who could have taken this on and achieved it so successfully and we are enormously grateful for his drive and commitment. I extend my warmest thanks to Stephen and welcome the incoming chair, Denis Duverne to build on these rich foundations,” added Douglas.
Source: Insurance Development Forum
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