Annie Tay - Member Profile

Annie Tay — Independent Consultant | Principal, Cubic Risk Solutions
Board, Risk, and Governance Advisory | Rebuilding Insurance & Financial Services | On-chain & Off-chain Business Models.

Cubic Risk Solutions — Independent Specialist Advisory. Execution-focused solutions across regulated and digital financial services, led by a senior risk and actuarial expert.

Annie Tay, MD and Principal Consultant of Cubic Risk Solutions, delivers practical, board-level solutions for insurance, pensions, and digital finance clients. With 20+ years in financial services, Annie combines actuarial and regulatory depth with commercial execution. Services include:

a) Regulatory Licensing & Sanctions Remediation: Authorized business, risk, and capital plans across life, non-life, reinsurance, captives, and Web2/Web3 models. Expertise in EU Solvency II, UK PRA & FCA, HKIA, BMA (Bermuda), FSC (Barbados), FSC (IOM) and NAIC frameworks.

b) Outsourced 2nd Line / Interim CRO: Full ERM, ORSA/ICAAP, board reporting, and compliance for scale-ups or post-sanction rebuilds—transitional support until permanent capability is secured.

c) Commercialization & Operationalization: Design and launch of FS product/customer propositions, compliant distribution and onboarding models, and post-launch enhancements.

d) AI/ML Tech Risk Management: Governance and controls for AI-driven pricing, claims, fraud/waste/abuse detection, and smart contract integration across on-chain/off-chain models.

e) Sector-Focused Advisory: Specialists in life, health, P&C, syndicates, captives, pensions, and asset/wealth management (PPLI, insurance wrappers) platforms.

f) On-chain/Hybrid Governance: Smart contract risk, DeFi/DAO governance, token-based RWA insurance, digital BCP, and cybersecurity protocols.

Annie is a Fellow of IFoA, Board Member of CII and IRM, and former CRO for AXA APAC (Asia) and LCCG (UK).