Audit, tax and advisory specialist KPMG has announced the appointment of Allan Christian as a Senior Manager in KPMG’s Risk Consulting team. Allan joins KPMG with considerable expertise in the insurance consulting field. He has worked for the past five years as an independent consultant with a particular focus on Solvency II, corporate governance and risk management in the life and non-life insurance industries, mostly in London. Allan joins KPMG from the Bank of England’s Prudential Regulation Authority (PRA) having worked in the supervisory team ahead of Solvency II going live on 1 January 2016.

Previously, Allan was Group Risk Analyst at Hansard Global plc, having begun his career as an Internal Auditor at Charterhouse International in 2003. A former student at Sulby Primary and Ramsey Grammar Schools, Allan initially left the Island to study at the University of Leicester where he gained a BA (Hons) in History and Archaeology, followed by an MSc in Management.

Allan is looking forward to returning to working on the Isle of Man and contributing to the specialist advisory services offered by KPMG: “This role builds on my recent experience in delivering consulting services to insurance clients with the added challenge of working across multiple jurisdictions and the resulting diversity of assignments that brings.

“It is a great opportunity to offer a high-quality tailored service at an exciting time in the business. I am also looking forward to getting involved in the Island’s sporting and musical scenes again.”

Commenting on the appointment, Simon Nicholas, Director of KPMG and Head of their Insurance group, said: “Locally, like elsewhere in the world, there is significant regulatory change ahead for the insurance industry. This is being driven by evolving global standards and the FSA’s desire for Solvency II equivalence for the life market and a proportionate risk based capital regime for the non-life market. The advisory arm of KPMG’s business continues to go from strength to strength and Allan is another example of where we are keen to invest to meet our clients’ needs and help local industry thrive. “Allan’s extensive hands-on experience in implementing the most substantial changes in insurance legislation for generations gives him valuable insight into helping businesses adapt to new regulation. This will be a great asset to him in his new role and I am delighted to welcome him to the KPMG team.”

Photo - Simon Nicholas, Director at KPMG (left) and Allan Christian.