Solvency II: Stakeholder Communications and Change

With the Solvency II deadline approaching, and full implementation expected from January 2016, affected entities are at varying states of readiness with embedding Solvency II into everyday practices becoming a major focus. Programme stakeholder communications needs to be robust to secure compliance and buy-in on both internal and external fronts. If your CEO fails to communicate to the markets your organization's ability to deliver on the EU Directive, or if a local Regulator finds that your Board has failed to embed a risk culture that is aligned with Solvency II, your ability to operate in the Solvency II world will be questioned. Solvency II: Stakeholder Communications and Change explains how to negate such risks. Gabrielle O'Donovan demonstrates how to approach stakeholder communications and change management in a structured and disciplined way, framed by the EU Directive's governance requirements. She demonstrates how to use a variety of tools and techniques to engage people with change and embed new ways of doing things. She reveals how to embed risk consciousness into your culture, helping you secure Solvency II approval and operate successfully in the Solvency II world. Based on the author's original research and the latest industry developments, Solvency II: Stakeholder Communications and Change is well-structured, readable and above all essential for all involved in Solvency II implementation.

About the Author

Gabrielle O’Donovan is a multiple industry award-winning Change Management practitioner. She has over 20 years international experience delivering and supporting high impact and mission critical change initiatives to increase organisational capability to adapt to change. Gabrielle O Donovan is Principal Consultant and key change management expert with Pcubed, a global consulting firm focused in program, portfolio and change management. Gabrielle developed her repertoire of skills by working with a range of major initiatives for Cathay Pacific Airways. At HSBC Hong Kong, she worked in partnership with the top team to design a culture transformation programme for the Bank and five subsidiaries. 'Together, We Win' has won a number of awards including an ASTD Excellence in Practice Award (USA). At Friends Life insurance she was the Solvency II programme Stakeholder Management and Communications Lead.