Background
     In  January  2016,  the  ExCo  created  the  Stakeholder 
     Engagement Task Force (SETF) to enhance engagement 
     opportunities  and  develop  the  Stakeholder  Engagement 
     Plan (SEP) for adoption by ExCo.
     Several previous SETF recommendations have already 
     been adopted and implemented by ExCo. These include:
         Global  Seminar  (June  2016--Budapest)  with 
            significant  involvement  from  diverse  stakeholders 
            including consumer representatives.
         Opening  up  this  2016  Annual  Conference  to 
            stakeholder participation.
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    SEP Outline
     The Stakeholder Engagement Plan (SEP) is supposed to 
     be a comprehensive document which: 
     • Sets out general principles of stakeholder engagement 
       including proactive engagement with some types of 
       stakeholders.
     • Provides a list of the current engagement initiatives.
     • Provides planned new engagement opportunities.
     • Identifies implementation considerations.
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    New Engagement Opportunities
     •  The new engagement opportunities will be classified into 
        two categories (Level One and Level Two) based on the 
        different level of effort and resources needed. 
     •  There are initiatives for general applicability (including 
        the insurance industry) and the more tailored initiatives 
        for consumers, academics and professional groups for 
        whom the IAIS will need to be more proactive. 
     •  The SETF plans to seek stakeholder inputs before the 
        final adoption by the ExCo.
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