Phil Vermeulen

Phil serves as EY EMEIA Financial Services Insurance leader. He leads a team of around 200 member firm partners and 4,500 professionals dedicated to helping insurance clients transform their business with the audit, tax, consulting and strategy & transactions services of EY across 18 markets.

Phil has more than two decades of experience leading programs to transform finance, risk and actuarial functions across a wide range of areas - including technical, actuarial expertise, large-scale tech and finance transformation, risk and regulatory consulting services.

Prior to joining EY, Phil worked for an actuarial consultancy in London and Cape Town where he advised life insurers on value-based management.

He holds a graduate degree in Actuarial Science from the University of Stellenbosch. He is an Institute of Actuaries Fellow.

How Phil is building a better working world

"Insurance offers a vital service to societies, providing a safety net which allows people and firms to take the risks needed for economic growth while protecting families from adversity. However, a protection gap still exists, due in some part to inefficiencies in the business model and a rapidly changing risk landscape which can prevent insurance capital in getting to where it’s needed."

"In my work with clients, I am proud to help them find ways to innovate their products, reduce operating cost and allocate capital efficiently to bridge this protection gap. I have a strong professional interest in sustainable insurance and stakeholder capitalism. I believe that insurers can and should play a key role in combatting climate change and driving progress towards net zero, accelerating diversity, equity and inclusion and maintaining a strong focus on progressive governance.”