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Monday, June 24, 2024
Laura J. Hay
Laura Hay
KPMG
Global Head of Insurance

Profile

Laura Hay is the Global Head of Insurance for KPMG, a global network of professional firms providing Audit, Tax, and Advisory services. KPMG is one of the Big 4 accounting firms, with 227,000 outstanding professionals working together to deliver value in 146 countries and territories. With a worldwide presence, the firm continues to build on its successes thanks to a clear vision, defined values and, above all, its people. KPMG’s industry focus helps its firms’ professionals develop a rich understanding of clients'​ businesses and the insight, skills, and resources required to address industry-specific issues and opportunities. Hay has more than 30 years of professional experience in the insurance industry focused on audit, advisory, and actuarial services (including global US GAAP and IFRS conversions), Solvency II and ERM assessments, and finance/actuarial transformations and modeling services (including model risk and control assessments and model validation work). She was named to Consulting Magazine’s 2012 Women Leaders in Consulting List, is a member of the American Academy of Actuaries, and is a Fellow in the Society of Actuaries. Prior to her current role, she worked her way up from Partner to Americas and U.S. Insurance Practice Leader for KPMG US. She got her start as an Actuarial Student for MetLife. Hay earned a Bachelor’s in Mathematics with a minor in Statistics from the University of California, Berkeley.

Areas of expertise

Insurance, Actuarial and financial risk management practices.

Group Overview

New challenges and opportunities are quickly reshaping financial services – from AI to fintech, to open platforms and data analytics, to greater customer centricity and workforce shaping – all of which financial institutions need to address while navigating the evolving risk and regulatory landscape. Organizations are looking at a future that is more interconnected, more collaborative and frictionless – one where trust, growth and delivering value are paramount. KPMG can help. Their global, multi-disciplinary team of professionals understand what it takes to deliver successful outcomes in the financial services industry. KPMG firms are continuously evolving and growing to ensure they always have the capabilities, strategies and networks to deliver the insight-driven and technology-enabled services that drive the sustainable value creation organizations require. The deep industry knowledge of KPMG’s professionals lead to seamless collaboration and practical execution across all sectors including: asset and wealth management, banking and capital markets, insurance and private equity. Asset Management KPMG member firms are some of the leading financial advisers to the Asset Management industry. Banking and Capital Markets KPMG’s Global Banking and Capital Markets practice combines industry knowledge and experience with strategic insight to help their clients succeed. Insurance Helping the world’s largest insurers dealing with regulatory changes, operational pressures and demands to digitize, prepare for the future. Real estate KPMG’s global Real Estate practice is a network of experienced professionals based in member firms around the world.

Firm Overview

Through helping other organizations mitigate risks and grasp opportunities, KPMG can drive positive, sustainable change for clients, KPMG’s people and society at large. KPMG firms operate in 144 countries and territories, and in FY21, collectively employed more than 236,000 people, serving the needs of business, governments, public-sector agencies, not-for-profits and through KPMG firms' audit and assurance practices, the capital markets. KPMG is committed to quality and service excellence in all that they do, bringing their best to clients and earning the public's trust through their actions and behaviors both professionally and personally. KPMG leads with a commitment to quality and integrity across the KPMG global organization, bringing a passion for client success and a purpose to serve and improve the communities in which KPMG firms operate. In a world where rapid change and unprecedented disruption are the new normal, KPMG’s inspire confidence and empower change in all they do. KPMG is a global network of professional firms providing Audit, Tax and Advisory services. We have 227,000 outstanding professionals working together to deliver value in 146 countries and territories. With a worldwide presence, KPMG continues to build on our successes thanks to clear vision, defined values and, above all, our people. Their industry focus helps KPMG firms’ professionals develop a rich understanding of clients' businesses and the insight, skills and resources required to address industry-specific issues and opportunities. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.