Oliver Letwin has been revealed as the keynote speaker at the Association of British Insurers’ (ABI’s) Biennial Conference.
The MP is the minister responsible for helping the government to develop Cabinet Office policies and has previously led negotiations between ABI-represented firms and Whitehall on the dynamics of future flood insurance.
Other speakers at this year’s conference will include Ed Balls – the shadow chancellor – and, shadow financial secretary to the Treasury Chris Leslie.
Leading regulators including Martin Wheatley, chief executive of the Financial Conduct Authority, and Andrew Bailey, deputy governor of the Bank of England, are also slated to give speeches to delegates from the insurance industry.
However, prices to enter the summit, which is being organised in partnership with KPMG, may be somewhat prohibitive for smaller insurers – at £250 for ABI members or £500 for non-card holders.
ABI director general Otto Thoresen said: “This is a rare opportunity to hear Oliver Letwin set out his views on the future challenges for the government and the insurance industry … we have an A-list lineup of speakers at the conference.”