Isle of Man News - POSTED Fri 06-10-2017

Appointment of New Senior Actuary

by LC

Appointment of New Senior Actuary Boal & Co is strengthening its insurance actuarial consulting team with the appointment of Neil Taverner as Senior Consulting Actuary.
 
For the last five years, Neil has been Senior Actuary at the Isle of Man Financial Services Authority, leading its actuarial team and the development of the Island’s new capital adequacy regime for the life and non-life insurance sectors.
 
His previous experience includes as Chief Actuary and Chief Risk Officer of Old Mutual’s operations in the UK, Isle of Man and Europe, and as a Partner in the UK actuarial consulting practices of both Ernst & Young and Watson Wyatt.  He has a total of over 30 years’ experience in regulation, industry and consulting, in the Isle of Man, UK, France and Mexico.
 
Commenting on his appointment, Neil Taverner said: “I am delighted to be joining Boal & Co and to be returning to actuarial consultancy after periods in industry and regulation.  I look forward to working with insurers both on the Island and in other offshore jurisdictions.”
 
Boal & Co’s insurance actuarial team is ideally placed to help offshore insurers, on the Island and elsewhere, with the full range of actuarial advice, including appointed actuary work, capital adequacy, risk management, product development, mergers and acquisitions, portfolio transfers, start-ups and business planning, and peer review of in-house actuarial work.
 
Mark Kiernan, Boal & Co CEO added: “Neil is a welcome addition to the Boal & Co team.  Not only does his appointment further strengthen our insurance actuarial capabilities, but it also provides us with the opportunity to explore other opportunities and jurisdictions.  We look forward to working with Neil on a number of exciting new initiatives.”

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