Susan Neely has been elected as the Global Federation of Insurance Associations (GFIA) new president. Additionally, during its general assembly, the GFIA has also made new appointments to its executive committee.
Neely, who is president and CEO of the American Council of Life Insurers, takes over from Don Forgeron, president and CEO of the Insurance Bureau of Canada.
Taking over Neely’s previous role as vice-president is Tim Grafton, chief executive of the Insurance Council of New Zealand. Norma Alicia Rosas, director general of Associaciòn Mexicana de Instituciones de Seguros, which is a member of Federaciòn Interamericana de Empresas de Seguros, will take over from Grafton as membership executive.
According to the GFIA, all of these positions are for two years.
Commenting on her election, Neely said: “I am honoured to be elected president of GFIA and look forward to building upon Don Forgeron’s success in leading the organisation for the past two years.
“Don and other leaders have significantly enhanced GFIA’s mission to present a unified voice on global insurance issues. We will leverage this momentum in 2023 with a study exploring protection gaps and develop policy recommendations based on its findings.
“Insurers make important contributions to societies and economies around the world through the protection they provide and the investments they make. Together through GFIA, we will advance solutions to the risk protection challenges countries face and work with global policymakers and standard setters who seek ways to help their people thrive.”