The Insurance Development Forum (IDF) has appointed Mr Denis Duverne as chair of its Steering Committee, with effect from 11 September 2018.
He succeeds Mr Stephen Catlin, founder and former CEO of Catlin Group.
The IDF is a public-private partnership led by the insurance industry and supported by international organisations. It aims to enhance the use of insurance to build greater resilience against disasters and to help achieve the United Nations Global 2030 Agenda. The organisation is overseen by a Steering Committee chaired by a senior insurance industry representative and co-chaired by United Nations and World Bank representatives.
Mr Duverne is chairman of AXA Group having held senior roles, including CFO and Deputy CEO, at the global insurer since 1995. He has been a member of the IDF Steering Committee since 2016.
Mr Catlin is the first chairman of the IDF which was formed in 2016. During his tenure, the IDF 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 modelling, market-enabling regulation and partnerships with international institutions.
The IDF was first announced at the United Nations Conference of the Parties (COP21) Paris Climate summit in 2015 and was officially launched by leaders of the United Nations, the World Bank and the insurance industry in 2016.