New Ireland Assurance has announced the establishment of a new Millennial Board working alongside the company’s senior management team to develop new ideas, services and supports for younger generations. New Ireland Assurance provides a range of pension, investment and insurance solutions and the Millennial Board will focus on the needs of younger consumers who are becoming increasingly conscious of their financial future.

The Millennial Board is made up of 13 appointees including; Brian Corish, Millennial Board Chairman and Chief Customer Officer Bank of Ireland, Stephen O’Leary, Founder of Olytico and Niamh Bushnell, Dublin Commissioner for Startups. Joining them is; Shane Carragher, Sean Roe, Serena de Stacpoole, Diarmuid Furey, Thomas Moran, Patricia Murphy, Claire Beattie, Philip Howlin, Padraig Mooney and Sarah McDaid all from New Ireland Assurance.

Discussing the Millennial Board announcement, Mick Sweeney, Interim Managing Director, New Ireland Assurance said: “Today’s announcement of the appointment of our Millennial Board demonstrates our commitment to ensuring New Ireland Assurance products and services are consistently relevant to younger consumers who are starting to financially plan for their future. Today’s 18-35 year olds could live as much as a third of their life in retirement and as an industry we have a responsibility to ensure we are supporting them appropriately in line with their evolving needs and requirements.

“New Ireland Assurance recently held a successful hackathon in conjunction with the DCU Ryan Academy which challenged and supported millennials in developing personal finance ideas for the future. The energy and concepts from the event were very powerful and it provided valuable insight into how the younger workforce is approaching their financial provision. Our Millennial Board will ensure that this energy and momentum continues throughout the organisation as we develop new products and services into the future.”