Moore Stephens has announced the appointment of Omar Ripon as partner in its Insurance Industry Group.
In his new role, Omar will be responsible for advising insurers on all aspects of Solvency II. As well as providing broader strategic risk management advice, Omar will advise insurers on a wide range of matters including regulatory requirements, target operating models and internal capital model design, build and implementation.
Omar has over 20 years’ experience in the insurance industry, specialising as a risk and capital management professional. He was previously a risk advisory partner at a mid-tier firm and has also held senior level risk positions in the insurance industry and Big 4.
Omar has worked with a wide range of companies including some of the biggest global insurance groups, aiding them in the implementation of large scale regulatory change programmes.
Simon Gallagher, Head of Moore Stephens’ Insurance Industry Group, said: “Omar’s depth of knowledge of the industry provides a boost to our risk consulting capability and is highly relevant as firms look to secure the benefits from their risk frameworks as the Solvency II start date nears. Omar will bring practical skills and experience to assist us in meeting the increasing demand for insight and guidance as firms address their regulatory requirements.”
Commenting on his appointment, Omar Ripon, said: “I am delighted to be given the opportunity to contribute to Moore Stephens’ outstanding and leading insurance industry advisory practice. I am joining Moore Stephens at a very interesting time when EU insurance industry is poised to finally implement Solvency II, the largest change in insurance regulations in the last 35 years across EU and increasing global convergence of risk based regulations. These changes bring even more challenges for the industry as well as opportunities for the better prepared firms.
“Moore Stephens is a global firm with a strong presence in the finance and insurance hub that is London. It’s great to be given the opportunity to shape Moore Stephens significant insurance industry advisory practice.”
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