Following a Public Service Appointments (PAS) campaign, the Minister for Health, Simon Harris TD, has appointed the following as members of the Health Insurance Authority from 24 June 2019 to 23 June 2024:
Caroline is a highly accomplished senior actuary with over 34 years’ experience in a wide variety of general insurance roles at both UK and European level.
As Head of Actuarial Function for Zurich Insurance plc until her retirement in 2018, Caroline was responsible for fulfilling the governance requirements pertaining to the actuarial function, including an annual actuarial opinion and actuarial report on the strength of the reserves. She also worked closely with the Risk and Finance functions to develop the Internal Capital Model and to assess the solvency capital required.
Caroline’s professional career has given her a deep understanding of insurance business and the associated risks and uncertainties, and she has a sound knowledge of insurance finance. Her experience working for a large global insurance company has given her an appreciation of the need for strong governance, independent thought and constructive challenge where appropriate.
Michael is a former chair of the Board of the Mercy University Hospital and has also served on the board of the South/South West Hospital Group board.
He is a Civil Engineer, Chartered Management Accountant and holds an MBA from UCC.
He has significant executive director board experience in diverse roles including finance, business planning and as head of a regulated utility networks business. Prior to retirement Michael was the Group Commercial Director for Bord Gais Eireann where he had executive director responsibility for regulation, strategic planning and legal/corporate affairs. His executive responsibilities included leading the Market Opening project where he worked with the sector regulator and industry in defining rules for the set up and operation of a competitive gas market in Ireland.
He has considerable experience of interaction with government departments and regulators in Ireland, Northern Ireland and the European Union.
Michael is currently working in a number of non-executive board roles including the privately owned Firmus Energy in Northern Ireland where he also chairs the Audit and Risk Committee and he is also chair of the Ervia Defined Benefit Pension Scheme.