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IACA Section

The International Association of Consulting Actuaries (IACA) was formed following an informal meeting of several senior consultants attending the International Congress of Actuaries in 1968 who, because the business environment for consulting actuaries was changing so rapidly, felt that an international meeting once every four years was too infrequent. IACA was established as a separate organization and in 1970 started holding meetings every other year. IACA became a Section of the IAA in 2020.

IACA continues to organize its biennial meetings, some of which are part of the International Congress of Actuaries. IACA also presents international sessions at the meetings of national consulting actuarial organizations such as the Conference of Consulting Actuaries in the United States and the Association of Consulting Actuaries in the United Kingdom. IACA organizes consulting sessions at colloquia held in conjunction with other IAA Sections and at meetings where consulting actuarial input can be useful, such as the East Asian Actuarial Conference and other insurance and financial organizations’ meetings.

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Section History & Mission

History & Mission

Consulting actuaries from across the world first met as a group at a special meeting of the 16th International Congress of Actuaries in 1960. Much of the impetus for this first and subsequent meetings was stimulated by Max Lander and Geoffrey Heywood. A similar meeting was held in Edinburgh at the 17th International Congress in 1964, when it was decided to set up a Committee to ensure that international meetings focused on issues of concern to consulting actuaries would continue to be held every other year on a more frequent basis that the ICA. Geoffrey Heywood was elected Chairman of the Committee, the other members being Messrs. Brans (Holland), Carson (South Africa), Hamilton (U.S.A.), Heubeck (Germany), Lander (U.K.), Melville (Australia) and Warren (U.S.A.).

 

This Committee, with a few changes, organised the IACA business meetings held in Munich in June 1968. At the third business meeting on 13th June 1968, it was agreed that the International Association of Consulting Actuaries should be formally constituted, separate from the International Actuarial Association, and a formal set of Rules was adopted unanimously. The Committee appointed under the Rules was as follows:

 

Chairman Geoffrey Heywood Great Britain
Vice-Chairman James A. Hamilton U.S.A.
Secretary/Treasurer Maxwell Lander Great Britain
Committee R.W. Abbott
Preston C. Bassett
J.A.Theo M. Brans
J.A. Carson
Henry G. Devitt
Georg Heubeck
Carroll E. Nelson
Raymond C. Palmer
Great Britain
U.S.A.
Netherlands
South Africa
Canada
Germany
U.S.A.
Australia

Location of Meetings
YEAR
LOCATION
CHAIRMAN
SECRETARY-
TREASURER
1968 Munich, Germany Geoffrey Heywood Maxwell Lander
1970 Washington, DC, U.S.A. Geoffrey Heywood Maxwell Lander
1972 Helsingor, Denmark Geoffrey Heywood Maxwell Lander
1974 Amsterdam, Netherlands J.A.Theo M. Brans Jan C. Hoogteijling
1976 Sydney, Australia Preston C. Bassett Evan Innes
1978 Toronto, Canada Raymond C. Palmer Evan Innes
1980 Vienna, Austria M. David R. Brown Robert D. Masding
1982 Stratford-upon-Avon, U.K. Dennis F. Gilley Robert D. Masding
1984 Maui, HI, U.S.A. Paul H. Jackson Robert D. Masding
1986 Bermuda James M. Hutton Robert D. Masding
1988 Munich, Germany Karl-Josef Bode Richard Moore
1990 Auckland, New Zealand Dudley Funnell Richard Moore
1992 Vancouver, Canada Christopher J. White Richard Moore
1994 Hong Kong Robert D. Masding Dudley Funnell
1996 Gleneagles, Scotland Michael Arnold Dudley Funnell
1998 Cape Town, South Africa Harold Mitchley Dudley Funnell
2000 Hershey, PA, U.S.A. Ronald M. Walker Dudley Funnell
2002 Amsterdam, Netherlands Rudd H. Sprenkels Michael D. Mills
2004 Sydney, Australia Brent W. Walker Michael D. Mills
2006 Paris, France R. Adrian J. Waddingham Margaret T. Sherwood
2008 Boston, MA, U.S.A. Michael L. Toothman Margaret T. Sherwood
2010 Cape Town, South Africa Hideyuki Yoshida Morten Harbitz
2012 Hong Kong Ken Buffin Morten Harbitz
2014 Washington, DC, U.S.A. Andrew Vaughan Morten Harbitz
2016 St. John’s, NL, Canada Margaret T. Sherwood Morten Harbitz
2018 Berlin, Germany Cathy Lyn Kudzai Chigiji
2020 Virtual Gerd Warnke George Symeonidis
2022 Virtual Nigel Sloam George Symeonidis
2024 Brussels, Belgium Brian Spence Marc Slutzky

 

Other Significant Historical Items
  • In recognition of their great contributions to IACA, Messrs Heywood and Lander were elected Emeritus Members of the IACA Committee in 1976.
  • Karl-Josef Bode attended every biennial Conference over a period of more than twenty years after IACA was formed.
  • A joint meeting with the Conference of Consulting Actuaries was held in San Francisco in 1970.
  • IACA first produced a printed membership list and report in 1990.
  • It was decided in 1999 that IACA should become the Consulting Section of the International Actuarial Association.
  • Membership has generally grown over the years since IACA was founded and in 2010 consisted of 462 Members with 42 countries represented.

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