CONTENTS INTRODUCTION FROM THE CHIEF EXECUTIVE 2 MESSAGE FROM THE OUTGOING PRESIDENT 4 INTRODUCING THE INCOMING PRESIDENT AT A GLANCE 10

Transcription

1 ANNUAL REPORT

2 CONTENTS INTRODUCTION FROM THE CHIEF EXECUTIVE 2 MESSAGE FROM THE OUTGOING PRESIDENT 4 INTRODUCING THE INCOMING PRESIDENT AT A GLANCE IN PICTURES 12 WHERE OUR MEMBERS WORK 14 FINANCIAL STATEMENTS 15 QUALIFICATION ROLL CALL 40 2

3 INTRODUCTION The publication of our Annual Report is an opportunity to reflect on the year gone by, recognise our accomplishments and evaluate our next steps in realising future goals. This year, I look back on 2015 with a particular sense of pride for all we have achieved in what has been my final year as Chief Executive. Our core function is to improve the professional lives of those we represent. Passion and dedication are the hallmarks of our staff, directors and voluntary officers, resulting in the continuous pursuit of innovation and greater efficiencies was a year where we achieved significant progress in fulfilling this mission. Recognising members changing needs, we redesigned the Professional Certificate in Insurance (APA) based on extensive research. This better aligned the programme with individual and corporate requirements and created a more cost-effective way for members to become MCC compliant. Initial exam results already indicate a substantial improvement in student performance. Our relocation to the IFSC was another important strategic development, allowing us to avail of greater synergies in our service to members and the wider sector. Another priority for the organisation is the promotion of insurance as a career to reverse the talent acquisition challenges in the industry. The government has also recognised the importance of addressing these challenges, by approving our proposal for the creation of a professional apprenticeship for the insurance sector. With Zurich, we established a steering group of cross-industry representatives to develop and launch this apprenticeship, which I believe is vital to the sustainability of our industry. As we celebrated the 130th anniversary of the organisation s foundation, we also felt it appropriate to pay tribute to our heritage of professional and academic excellence by reintroducing our traditional crest into our corporate brand. This, together with a greater member focus in our services and communications, reinforces our position as a leading professional membership organisation. The year so far The first quarter of 2016 has been marked with further achievements. The Insurance Institute s policy of continuous staff development resulted in our being named the Best Learning and Development Organisation in the not-for-profit category at the IITD National Training Awards. This was a fantastic recognition of the calibre of the services we deliver. We also engaged in a review of our internal processes to ensure consistent quality in our services. I am delighted to announce this has resulted in our being awarded the ISO 9001 Quality Management System certification, a standard that all staff are deeply committed to maintaining. A word of thanks It has been a great privilege to have led the organisation in a most exciting, yet challenging, period in its 130 year history. Our achievements this year have been made possible by many stakeholders to whom I am greatly indebted. Firstly, I would like to thank our outgoing president, Gearoid Gilley, whose hard work, dedication and insights have been of enormous value to the organisation. I would also like to thank Chairperson Richard Endersen and the Board of Directors for their commitment and passion, which has remained steadfast throughout my entire tenure as CEO. Finally, to our Local Institutes whose work with members nationwide cannot be underestimated, I thank you for your time, effort and relentless enthusiasm. A final word of recognition to my colleagues at The Insurance Institute for their devotion, passion and loyalty; they are the real heroes of the Institute s success and I thank you all for the fond memories, which I will carry with me into my retirement. Eamon Shackleton BL MBA MA Certified Insurance Director CEO 2 3

4 MESSAGE FROM THE OUTGOING PRESIDENT It has been a privilege to serve as President of The Insurance Institute for its milestone 130th year. In particular, I am proud to have been part of the organisation s significant achievements over the last 12 months, which have further strengthened my belief in the institute s value to the insurance industry and by extension, our customers. I admire the ability of Eamon and his team to consistently innovate in order to respond to the changing needs of members and the wider industry. I look forward to serving on the Board for the coming year and contributing to the implementation of further strategic priorities throughout I d like to wish incoming president Jim Duncan every success as he takes the helm during a period of great change and advancement within the organisation. My thanks goes to Richard Endersen, Chairperson of the Board of Directors, Professor Gerard McHugh, Chair of the Professional Standards Committee and all members of our National Council and Local Institutes for their committed service to our institute and the wider insurance community. Finally, a special word of thanks to Eamon for his years of dedicated leadership of The Insurance Institute. His enthusiasm has been instrumental in bringing the organisation into this new phase of innovation and I wish him a long and happy retirement. Gearoid Gilley FCII Chartered Insurer General Manager Retail Business Vhi Healthcare 4 5

5 A profession to be proud of.

6 INTRODUCING THE INCOMING PRESIDENT Jim Duncan of Chubb Insurance will assume the role of President of The Insurance Institute for 2016/17. Jim is General Manager of Chubb Insurance in Ireland and CEO of Chubb Bermuda International, following the acquisition of Chubb by ACE Group in January 2016*. A native of Scotland, Jim began his career in the insurance industry in 1992 with Ellis & Buckle (now Cunningham Lindsey) in Glasgow. Before joining the industry, Jim was an Inspector with the Royal Hong Kong police for three and a half years. He became involved in the insurance industry as a Loss Adjuster after postgraduate research in Fire Investigation at Edinburgh University. Jim moved to Ireland in 1994 and has made significant contributions to the Irish insurance sector since. Jim holds the Advanced Diploma in Insurance (ACII) and is on his way to becoming a Fellow of the Chartered Insurance Institute (FCII). Speaking of his appointment, Jim noted: It is a privilege to serve as President of The Insurance Institute, an ambassadorial role which affords a significant opportunity to give something back to the industry. I look forward to influencing the direction of The Insurance Institute over the next 12 months during what will be an exciting time for the organisation and the wider sector. *The new company has retained the Chubb name

7 2015 AT A GLANCE 25 % 130 years of The Insurance Institute MEMBERSHIP Female 57 % Male 43 % MEMBERS UNDER 30 YEARS graduate membership exceeds 8,000 5We moved to 7,542 exam registrations processed 8BA (Hons) level Harbourmaster Place IFSC, Dublin 1 Insurance Practitioner Apprenticeship approved YOUNGEST MEMBER OLDEST MEMBER 880 registered for streamlined APA modules (PDI-03 and PDI-04) 35 average age of graduates 151 hours of face to face CPD available nationwide

8 2015 IN PICTURES 5 Harbourmaster Place Opening Day AGM Headline Events: Dealing with Data and Cyber Insurance The Insurance Institute of Dublin Charities Luncheon Women in Financial Services Breakfast Event Certified Insurance Director Alumni Launch of Zurich Apprenticeship Conferral Ceremony 11 12

9 WHERE OUR MEMBERS WORK (%) FINANCIAL STATEMENTS OUR MEMBERS Large General Insurer: 3,388 (28%) Small GI Broker: 1,686 (14%) Health Insurer: 1,486 (12%) Large GI Broker: 1,230 (10%) Service Provider: 760 (6%) Global Broker: 538 (4%) Life Insurer: 298 (2%) Education & Training: 29 (0.2%) Other Companies: 1,302 (11%) Undisclosed 1,540 (13%) 14

10 CONTENTS COMPANY INFORMATION COMPANY INFORMATION 17 NATIONAL COUNCIL DIRECTORS REPORT 20 INDEPENDENT AUDITORS REPORT 22 TO THE TRUSTEES AND MEMBERS INCOME AND EXPENDITURE ACCOUNT 23 DIRECTORS Mr Gearoid Gilley Mr Richard Endersen Mr John Eves Mr Dargan FitzGerald Mr Jim Duncan + Mr Denis Kelleher Mr Gerard McHugh Ms Caitriona Somers Ms Adrienne O Sullivan Mr Eamon Shackleton Mr Frank Craven Mr Ken Norgrove * BALANCE SHEET 24 STATEMENT OF CHANGES IN EQUITY 25 CASH FLOW STATEMENT 26 SECRETARY COMPANY NUMBER Mr Frank Craven NOTES TO THE ACCOUNTS REGISTERED OFFICE Insurance Centre 5 Harbourmaster Place IFSC Dublin 1, D01 E7E8 PRINCIPAL BANKERS Bank of Ireland Allied Irish Banks INDEPENDENT AUDITORS Grant Thornton Chartered Accountants and Registered Auditors City Quay Dublin 2, D02 NY19 SOLICITORS Linda Scales 59 Park Avenue Dublin 4, D04 X752 + Appointed from 21 April 2015 * Resigned from 21 April

11 NATIONAL COUNCIL PRESIDENT DEPUTY PRESIDENT VICE PRESIDENT CORK REPRESENTATIVES DUBLIN REPRESENTATIVES Mr Gearoid Gilley FCII Chartered Insurer Mr Jim Duncan ACII Chartered Insurer B Eng (Hons) MIRM Mr John Eves BA MBS FCCA FCILA Fuedi-Elae Certified Insurance Director Mr Paul Kavanagh CIP QFA Certified Insurance Director Mr Brian McMahon BBS CIP Mr Brian O Dwyer BA (Hons) CIP Dip FS Ins Mr Rory O Sullivan BA (Hons) CIP Ms Susan Stanley ACII Chartered Insurer Mr John Higgins ACII Chartered Insurer QFA Dip Inf Tech Mr Rory Coughlan ACII Chartered Insurance Broker BSc HDip SSHW QFA Mr Eamonn R. Downey CIP Mr Denis Kelleher ACII Chartered Insurer QFA Certified Insurance Director Mr Finbarr Moloney ACII Chartered Insurance Practitioner BA Dip SHWW Ms Mary Scannell CIP Dip PMI Chartered Fellow CIPD Mr William Sullivan BCL (Hons) Mr Philip Finegan CIP Mr Coleman Hudson LCOI Mr Michael Fleming ACII Chartered Insurer BA (Hons) LLB (Hons) Mr Brendan Little ACII Chartered Insurer Dip FS Ins Mr Paul Murphy CIP Ms Ciara Deans ACII Chartered Insurer BA (Mod) Ms Suzanne McKearney ACII Mr Conor Sweetman ACII Chartered Insurer Ms Aileen Kavanagh Mr Gareth Logan CIP Mr Patrick Brennan QFA APA Mr Shane Hennelly BBS ACII Chartered Insurance Broker (resigned 27 October 2015) Mr Tom Brennan (appointed 23 February 2016) GALWAY REPRESENTATIVES LIMERICK REPRESENTATIVES SLIGO REPRESENTATIVES Ms Rhonda Cribben CIP BBS BSc Ms Clare Grimes Ms Hazel Morrison Mr Patrick Carr ACII Chartered Insurer BA Mr Darragh Guinnane Mr Richard Geraghty CIP Mr Michael Gough ACII Chartered Insurer BComm Ms Pamela Treacy Dip. PMI Mr Paddy Redmond BBS QFA CIP Ms Martina Healy CIP Ms Ide O Keeffe CIP Ms Fiona Brosnan BA CIP Ms Evelyn Hanrahan BA HDE QFA FLIA (Dip) Ms Jane Brady BA QFA CIP Mr Brendan Boyle DIP. Civ. Eng. M.I.E.I Ms Orla Dever BBS CIP Mr Patrick Bishop BSc (Hons) Dip LA. Dip Surv. ICIOB Mr Michael Fitzgerald ALIA (Dip) QFA 18 19

12 DIRECTORS REPORT The Directors have pleasure in presenting their report and the Financial Statements of the Company for the year ended 31 December Statement of Directors Responsibilities The Directors are responsible for preparing the Annual Report and the Financial Statements in accordance with applicable law and regulations. Irish Company law requires the Directors to prepare Financial Statements for each financial year which give a true and fair view of the state of affairs of the Institute and of the surplus or deficit of the Company for that year. Under the law, the Directors have elected to prepare the Financial Statements in accordance with Irish Generally Accepted Accounting Practice in Ireland, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and promulgated by the Institute of Chartered Accountants in Ireland and Irish law. Under company law, the Directors must not approve the Financial Statements unless they are satisfied that they give a true and fair view of the assets, liabilities and financial position of the Institute for the financial year end date of the surplus or deficit of the Company for that financial year and otherwise comply with the Companies Act In preparing these Financial Statements, the Directors are required to: select suitable accounting policies and then apply them consistently; make judgements and estimates that are reasonable and prudent; and prepare the Financial Statements on the going concern basis unless it is inappropriate to presume that the Institute will continue in business. The Directors confirm that they have complied with the above requirements in preparing the Financial Statements. The Directors are responsible for ensuring that the Company keeps or causes to be kept adequate accounting records which correctly explain and record the transactions of the Company, enable at any time the assets, liabilities, financial position and surplus or deficit of the Institute to be determined with reasonable accuracy, enable them to ensure that the Financial Statements and Directors Report comply with the Companies Act 2014 and enable the Financial Statements to be audited. The Directors are also responsible for safeguarding the assets of the Institute and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Directors are responsible for the maintenance and integrity of the financial information included on the Institute s website. Legislation in the Republic of Ireland governing the preparation and dissemination of Financial Statements may differ from legislation in other jurisdictions. Legal Status Incorporation The Company incorporated on 17 October 2012 as The Insurance Institute of Ireland and commenced trading on 1 January The Company does not have a share capital and consequently the liability of the members is limited by guarantee. Principal Activities and Business Review The principal activity of the Company is the provision of education and training to the general insurance industry in Ireland. The Directors are satisfied with the performance of the Company during the year under review. Principal Risk and Uncertainties The Directors consider the following to be the principal risks and uncertainties facing the Company: Entry into the market served by The Insurance Institute of Ireland by competitors Changes to the regulatory environment Continued fragmentation of the market due to reducing indigenous companies The Directors are satisfied that appropriate measures are undertaken to ensure the wellbeing of the Company. Results The results for the year are set out in the Company Income and Expenditure Account on page 23. As the Company is limited by guarantee and does not have a share capital the Directors have not recommended a dividend. Important Events Since The Year End There have been no significant events affecting the Company since the year end. Accounting Records The measures taken by the Directors to ensure compliance with the requirements of Section 281 to 285 of the Companies Act 2014 with regard to the keeping of accounting records, are the employment of appropriately qualified accounting personnel and the maintenance of computerised accounting systems. The Company s accounting records are kept at the Company s registered office, 5 Harbourmaster Place, IFSC, Dublin 1, D01 E7E8. Directors The names of the persons who were Directors at any time during the year ended 31 December 2015 are set out below. Unless otherwise indicated they served as Directors for the entire year. Mr Gearoid Gilley Mr Richard Endersen Mr John Eves Mr Dargan FitzGerald Mr Jim Duncan (appointed 21 April 2015) Mr Denis Kelleher Mr Gerard McHugh Ms Caitriona Somers Ms Adrienne O Sullivan Mr Ken Norgrove (resigned 21 April 2015) Mr Eamon Shackleton Mr Frank Craven Going Concern The Directors are satisfied that the Company has adequate resources to continue in business for the foreseeable future. For this reason, the Financial Statements are prepared on the going concern basis. Auditors The Auditors, Grant Thornton, have indicated their willingness to continue in office in accordance with the provisions of section 383(2) of the Companies Act, On behalf of the Board Signed: Richard Endersen Date: 8 March 2016 Dargan FitzGerald 20 21

13 INDEPENDENT AUDITORS REPORT TO THE TRUSTEES AND MEMBERS INCOME AND EXPENDITURE ACCOUNT We have audited the Financial Statements of The Insurance Institute of Ireland for the year ended 31 December 2015 which comprise the Income and Expenditure Account, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and the related notes. The financial reporting framework that has been applied in their preparation is Irish law and accounting standards issued by the Financial Reporting Council and promulgated by the Institute of Chartered Accountants in Ireland (Generally Accepted Accounting Practice in Ireland). This report is made solely to the Company s shareholders, as a body, in accordance with Section 391 of the Companies Act Our audit work has been undertaken so that we might state to the Company s shareholders those matters we are required to state to them in an auditor s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company s shareholders as a body, for our audit work, for this report, or for the opinions we have formed. Respective Responsibilities of Directors and Auditor As explained more fully in the Directors Responsibilities Statement set out on pages 20 21, the directors are responsible for the preparation of the Financial Statements giving a true and fair view and otherwise comply with the Companies Act Our responsibility is to audit and express an opinion on the Financial Statements in accordance with Irish law and International Standards on Auditing (UK and Ireland). Those standards require us to comply with the Auditing Practices Board s Ethical Standards for Auditors. identify any information that is apparently materially incorrect based on, or materially inconsistent with, the knowledge acquired by us in the course of performing the audit. If we become aware of any apparent material misstatements or inconsistencies we consider the implications for our report. Opinion on Financial Statements In our opinion the Financial Statements: give a true and fair view, in accordance with Generally Accepted Accounting Practice in Ireland, of the assets, liabilities and financial position of the Company as at 31 December 2015 and of its result for the year then ended; and have been properly prepared in accordance with the requirements of the Companies Act Matters on which we are required to report by the Companies Act 2014 we have obtained all the information and explanations which we consider necessary for the purposes of our audit. in our opinion the accounting records of the Company were sufficient to permit the financial statements to be readily and properly audited. the Financial Statements are in agreement with the accounting records. in our opinion, the information given in the Directors Report on pages is consistent with the Financial Statements. Notes Year Year Ended Ended 31 Dec 31 Dec Turnover 16 4,916,036 4,945,301 Administrative Expenses (5,247,361) (4,705,679) Operating (Deficit) / Surplus (331,325).239,622 Interest Receivable 27,733 58,238 Interest Payable and Similar Charges (3,484).(1,466) (Deficit) / Surplus on Ordinary Activities before Taxation (307,076) 296,394 Tax on Surplus on Ordinary Activities 4...(11,372)...(23,877) (Deficit) / Surplus for the Financial Year...(318,448)...272,517 The accounting policies and notes on pages form part of the Financial Statements. The Company has no recognised gains or losses other than the results for the year as set out above. All of the activities for the Company are classified as continuing. 22 Scope of the Audit of the Financial Statements An audit involves obtaining evidence about the amounts and disclosures in the Financial Statements sufficient to give reasonable assurance that the Financial Statements are free from material misstatement, whether caused by fraud or error. This includes an assessment of: whether the accounting policies are appropriate to the Company s circumstances and have been consistently applied and adequately disclosed; the reasonableness of significant accounting estimates made by the Directors; and the overall presentation of the Financial Statements. In addition, we read all the financial and nonfinancial information in the Annual Report to identify material inconsistencies with the audited Financial Statements and to Matters on which we are required to report by exception We have nothing to report in respect of the provisions of the Companies Act 2014 which requires us to report to you if, in our opinion, the disclosures of Directors remuneration and transactions specified by law are not made. TURLOUGH MULLEN FCA For and on behalf of GRANT THORNTON Chartered Accountants & Registered Auditor City Quay Dublin 2, D02 NY19 Date: 8 March 2016 These Financial Statements were approved by the Directors on the 8 March 2016 and are signed on their behalf by Signed: Richard Endersen Date: 8 March 2016 Dargan FitzGerald 23

14 BALANCE SHEET As at 31 DECEMBER 2015 STATEMENT OF CHANGES IN EQUITY As at 31 DECEMBER 2015 Notes Year Year Ended Ended 31 Dec 31 Dec Fixed Assets Tangible Fixed Assets 6 638, ,719 Current Assets Debtors 7 195, ,367 Cash at Bank 2,269,743 2,827,955 2,465,684 3,064,322 Creditors: Amounts falling due within one year 8 (902,835) (766,376) Net Current Assets 1,562,849 2,297,946 Total Assets less Current Liabilities 2,201,217..2,519,665 Total Members Funds At 1 January ,519,665 Deficit for the year (318,448) At 31 December ,201,217 STATEMENT OF CHANGES IN EQUITY As at 31 DECEMBER 2014 REPRESENTED BY Reserves Other Reserves 2,519,665 2,247,148 Income and Expenditure Account 10..(318,448)...272,517 Members Funds 2,201,217..2,519,665 The accounting policies and notes on pages form part of these Financial Statements. Total Members Funds At 1 January ,247,148 Surplus for the year...272,517 At 31 December ,519,665 The Financial Statements were approved by the Directors and authorised for issue on 8 March 2016, and are signed on their behalf by: Signed: Richard Endersen Date: 8 March 2016 Dargan FitzGerald 24 25

15 CASH FLOW STATEMENT NOTES TO THE ACCOUNTS Notes Year Year Ended Ended 31 Dec 31 Dec ACCOUNTING POLICIES a) Company Information The Insurance Institute of Ireland is a Company limited by guarantee, which is registered and incorporated in the Republic of Ireland. The Company s registered office is 5 Harbourmaster Place, IFSC, Dublin 1, D01 E7E8. Cash Inflow from Operating Activities 11 1, ,238 Returns on Investment and Servicing of Finance Interest received 27,734 58,238 Interest paid (3,484) (1,466) Taxation Tax Paid (11,372) (23,877) Capital Expenditure Payments to acquire Tangible Fixed Assets (573,048) (44,631) (Decrease) / Increase in Cash and Cash Equivalents 12 (558,210) 305,502 b) Basis of Preparation of the Financial Statements The Financial Statements are prepared in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland and Irish statute comprising of the Companies Act FRS 102 is mandatory for accounting periods beginning on or after 1 January 2015, but may be applied early to periods ending on or after 31 December The Insurance Institute of Ireland has applied the standard in the preparation of these Financial Statements. Information on the impact of first-time adoption of FRS 102 is given in Note 20. The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company s accounting policies. The following principal accounting policies have been applied: The accounting policies and notes on pages form part of these Financial Statements. c) Depreciation of Fixed Assets All fixed assets are initially recorded at cost. Fixed assets are depreciated at appropriate rates in order to write them off over their expected useful lives. The relevant annual rates are: Computer equipment 33.3% Straight Line Fixtures and fittings 20% Straight Line IT systems 20% Straight Line Property Over 15 years Medals and trophies Not depreciated 26 27

16 NOTES TO THE ACCOUNTS NOTES TO THE ACCOUNTS d) Local Institutes All the administration support for Local Institutes is provided under The Insurance Institute of Ireland. Therefore, transactions of Local Institutes are reflected in the Income and Expenditure account of the Company. e) Turnover The Insurance Institute of Ireland derives its turnover from member subscriptions and income from examinations. f) Debtors Short term debtors are measured at transaction price, less any impairment. g) Cash Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. h) Creditors Short term creditors are measured at transaction price. 2. SIGNIFICANT JUDGEMENTS AND ESTIMATES When preparing the Financial Statements, management makes a number of judgements, estimates and assumptions about the recognition and measurement of assets, liabilities, income and expenses. Useful lives of depreciable assets The annual depreciation charge depends primarily on the estimated lives of each type of asset and, in certain circumstances, estimates of fair values and residual values. The Directors annually review these asset lives and adjust them as necessary to reflect current thinking on remaining lives in light of technological change, prospective economic utilisation and physical condition of the assets concerned. Changes in asset lives can have significant impact on depreciation charges for the period. It is not practical to quantify the impact of changes in asset lives on an overall basis, as asset lives are individually determined, and there are a significant number of asset lives in use. The impact of any change would vary significantly depending on the individual changes in assets and the classes of assets impacted. 3. OPERATING SURPLUS Year Year Ended Ended 31 Dec 31 Dec Surplus for the year is stated after charging Directors remuneration*: Salary 324, ,750 Other benefits, including pension costs 35,505 33,405 Employer social security costs...48, , , ,392 Auditors remuneration as auditor...11,070..9,840 Depreciation of owned assets.149, ,333 * Includes remuneration of 3 Executive Directors. 4. TAXATION Full provision has been made in these accounts for the Corporation Tax liability arising on the investment income of The Insurance Institute of Ireland. Year Year Ended Ended 31 Dec 31 Dec Tax on deposit interest at 41%...11, ,877 The Insurance Institute of Ireland is exempt from Corporation Tax on activities with members

17 NOTES TO THE ACCOUNTS NOTES TO THE ACCOUNTS 5. PARTICULARS OF EMPLOYEES The average number of staff employed by the Company during the financial year amounted to 38 (2014, 34) Student Services 2 3 Member Services & IT 7 6 Education Events & Marketing Finance & Administration TANGIBLE FIXED ASSETS Cost Opening Closing Balance Additions Disposals Balance 01/01/15 31/12/15 Computer equipment 419,532 35, ,289 Fixtures and fittings 138,118 98,923 (57,155) 179,886 Property 438, ,368 Medals and trophies 30,568 30,568 IT systems.351, , , ,048 (57,155) 1,456,031 The aggregate payroll costs of the above were: Wages, salaries and associated taxes 2,171,541 1,883,354 Employer pension contributions , ,535 Total salary costs 2,282,484 1,984,889 Depreciation Opening Closing Balance Charge Charge Balance 01/01/15 31/12/15 Computer equipment 338,927 43, ,915 Fixtures and fittings 119,951 19,978 (50,255) 89,674 Property 14,613 14,613 IT systems.259, , , , ,499 (50,255) 817,663 Net Book Value Opening Closing Balance Balance 01/01/15 31/12/15 Computer equipment 80,605 72,374 Fixtures and fittings 18,167 90,212 Property 423,755 Medals and trophies 30,568 30,568 IT systems...92, , , ,

18 NOTES TO THE ACCOUNTS NOTES TO THE ACCOUNTS TANGIBLE FIXED ASSETS (continued) In respect of prior financials Cost Opening Closing Balance Additions Balance 01/01/14 31/12/14 Computer equipment 374,901 44, ,532 Fixtures and fittings 138, ,118 Medals and trophies 30,568 30,568 IT systems 351, , , , , DEBTORS 31 Dec 31 Dec Prepayments 195, ,469 Corporation Tax , , ,367 All amounts are recoverable within one year. 8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Depreciation Opening Closing Balance Charge Balance 01/01/14 31/12/14 Computer equipment 296,859 42, ,927 Fixtures and fittings 103,606 16, ,951 IT systems.188,621 70, , , , ,419 Net Book Value Opening Closing Balance Balance 01/01/14 31/12/14 Computer equipment 78,042 80,605 Fixtures and fittings 34,512 18,167 Medals and trophies 30,568 30,568 IT systems.163, , , , Dec 31 Dec Creditors and accruals 391, ,220 Deferred income 449, ,134 PAYE/PRSI...61, , , ,376 Trade and other creditors are payable at various dates over the coming months in accordance with the suppliers usual and customary credit terms. The terms of the accruals and deferred income is based on the underlying contract. Deferred income Deferred income represents amounts received prior to the Balance Sheet date for projects and services to be delivered, which will be carried out after the Balance Sheet date, and for which no expenditure has yet been incurred. 9. PENSIONS The Insurance Institute of Ireland operates a defined contribution group for Directors and a PRSA scheme for staff. The assets of the scheme are held separately from those of the Institute. 32 Pension costs amounted to 110,943 during the year. ( 101,535: 2014) 33

19 NOTES TO THE ACCOUNTS NOTES TO THE ACCOUNTS 10. INCOME AND EXPENDITURE ACCOUNT 12. RECONCILIATION OF NET CASH FLOW MOVEMENT IN NET FUNDS Year Year Ended Ended 31 Dec 31 Dec (Deficit) / Surplus for the Financial Year.(318,448).272,517 Balance carried forward 643, , Dec 31 Dec Opening balance as at 1 January 2,827,955 2,522,454 (Decrease) / Increase in cash and cash equivalents (558,210) 305,502 Net funds at end of year 2,269,745 2,827, RECONCILIATION OF OPERATING PROFIT TO NET CASH INFLOW FROM OPERATING ACTIVITIES Year Year Ended Ended 31 Dec 31 Dec Operating (Deficit) / Surplus (331,325) 239,622 Depreciation of tangible fixed assets 149, ,333 Loss on Disposal 6,901 (Increase) / Decrease in debtors and prepayments 40,426 (62,673) Increase in creditors and accruals 136, ,956 Net cash inflow from operating activities.. 1, , CONTINGENT LIABILITIES There were no contingent liabilities at the balance sheet date. 14. EVENTS AFTER THE FINANCIAL YEAR There were no important events after the year end. 15. COMPANY LIMITED BY GUARANTEE The Company is limited by guarantee not having share capital. The liability of the members is limited. Every member of the Company undertakes to contribute to the assets of the Company in the event of it being wound up while they are members of within one year thereafter for the payment of the debts and liabilities of the Company contracted before they ceased to be members and the costs, charges and expenses of winding up and for the rights of the contributions amounts themselves such amount as may be required, not exceeding

20 NOTES TO THE ACCOUNTS NOTES TO THE ACCOUNTS 16. TURNOVER 18. FINANCIAL ASSETS AND LIABILITIES 31 Dec 31 Dec Members Subscriptions 2,410,692 2,321,126 Income from Student Services, Development and Events 2,505,344 2,624,175 Total Income 4,916,036 4,945, Dec 31 Dec Financial assets measured at amortised cost 2,898 Financial liabilities measured at amortised cost 178, ,671 Financial assets measured at amortised cost comprise of corporation tax repayable. Financial liabilities measured at amortised cost comprise of trade creditors and PAYE payable. 17. MEMBERSHIP The total membership of the Institute as at 31 December 2015 was 17,860 (31 December 2014: 17,506) and is analysed as follows: Local Institute Table of Members Cork Dublin Galway Limerick Sligo Total Associates & Fellows ,071 1,090 Qualified Members ,014 4, ,978 6,271 QFA Licence Holders 955 1,071 3,520 3, ,304 5,556 CPD Members , Standard Members Non-Qualified Members ,208 2, ,067 3,219 Retired Members Total Membership 2,395 2,465 12,594 12,267 1,240 1, ,860 17,506 Associates & Fellows are members who hold Associateship or Fellowship of the Chartered Insurance Institute. Qualified Members are members who hold any of The Insurance Institute of Ireland designations. QFA Licence Holders are members who hold the QFA designation jointly awarded by The Insurance Institute of Ireland and Life Insurance Association. CPD Members are members who have been grandfathered under minimum competency requirements. Standard Members are members availing of the Institute s CPD services. Non-Qualified Members are students and non designation holders. Membership income for the year amounted to 2,410,692 ( 2,321,126: 2014). 19. LEASING COMMITMENTS The Company s future minimum operating lease payments are as follows: 31 Dec 31 Dec Within one year 147,656 44,558 Between one and five years 590, FIRST TIME ADOPTION OF FRS 102 The policies applied under the entity s previous accounting framework are not materially different to FRS 102 and have not impacted on members funds or surplus or deficit. 21. APPROVAL OF THE ACCOUNTS The accounts were approved by the Board on the 8 March

21 We recognise the effort and commitment of our members.

22 QUALIFICATION ROLL CALL Charles Cavanagh Pat Hickey Conor Kennedy Carol Lacey Cathal Lowe John McGee Ciaran Phelan Matt Pierce Eamon Slevin Richard Whelan Peter Bennett Anne Dalton Kieran Devenish Aoife McKenna Edward Meaney Marcello Pietrocola Alan T Ryan Eva Andersson Richard Brophy Kathleen Clifford Thomas Patrick Connolly Nicola Cummins Sinead Ellis Charlotte Farrell Keith Finnegan Tom Fitzgerald Brian Gardiner Michael M Greene John Grimes Laura Johnston John Kavanagh Bernadette Keaney Kamila Litwinowicz Paul John Maher Aidan McGlinchey Maura McNulty Donal Murray Mary Nixon Elva O Brien John Reilly Declan Robinson Brendan Roche Liam Ryan Robert Ryan Anna Ryan Stuart Scott Fiona Taylor Peter Vargovcik Eva Andersson Paul John Aylward Alan Barnes James Brennan Cormac Broomfield Emily Cadby Lorraine Clarke Avril Connolly Emma Cross Rory Culhane Adele Curran Alison Curtis James Dunlop Fiona Ennis Jerry Fleming Lucy Friel Sinead Gaffney Karen Gallagher Steven Hanley Anika Heider Martin Hudson John Kavanagh Aoife Kenny Niamh Lawlor James Lee Sean Lenihan Denis Lennon Kamila Litwinowicz David Loughrey Oliver Madden Barry McDonald Ann Marie McPartlin Caitriona Mills Paul Moran Andrew Murphy Dominic O Flatharta Michael O Reilly Vladimir Pavlov Deirdre Ryan Marta Sofinska Cathy Trickett Emer Tyrrell Laura Walsh Aileen White Damien Armstrong David Bagnall Guy Banton John Barnes Daniel Barrett John Beatty Sarah Behan Stephen Beirne Angela Bergin John Bermingham Wendy Blackwell Andrea Bland Brian Boland Carole Bond Stephen Boyle Neil Brady Ronan Breen Deirdre Bristow Hazell Broderick David Browne Louise Browne Audrey Burke Glenn Byrne Natalie Byrne Orla Byrne Tara Cadden Brian Campion Niall Campion Cathriona Carey Colleen Carroll Lindsay Carroll Melanie Carroll Nicola Carroll Orla Cassin Fiona Clarke Megan Clarke Brian Colgan Christopher Colgan Amy Coll Paudie Commane Louise Conlon Rachel Conlon Lorraine Connaire Marguerite Connery Jackie Connolly Kevin Cooke Caroline Costello Ann Marie Coyne Caroline Coyne Ferdinand Coyne Susan Cronin Eamonn Cullen Robert Cumiskey Kathy Curley Padraig Currid Jennifer Das Aine Davis Meabh De Burca Stefano Del Giudice Caroline Dempsey Leighanne Dillon Nicola Dillon Alan Dixon Joan Dixon Ellen Donnelly Brian Doyle Suzanne Drago Ailish Dunne Arianne Dunne Donna Dunne Paul Dwyer Keith English Liam Farrell Barry Feehan Dave Fitzgerald Ian Fleming Marian Foley David Fortune Aislinn Fox Earl Freeman Caroline Freyne Norbert Frigyik Federica Furfaro Patrick Gallagher Simon Gallivan Laura Garrigan Redmond Gates Sinead Gavin Brian Geraghty Patrick Geraghty Richard Gibbons Sara Giltrap Patrick Glackin Colm Goggin Olivia Gooney Daniel Greene Sinead Greene Alberto Guerra Colm Guing Ciara Gunn Brendan Guthrie Kevin Halpin Suzanne Hanlon Maeve Hannon Sarah Harmon Leanne Harnedy Siobhan Hayes Thomas Healy Ray Heffernan Katie Hennessy Shane Heraty Emma Hickey Eoin Higgins Peter Higgins Joyce Hill Marc Hillis Padraig Hogan Michael Holland Eddie Holohan Cathal Houlihan Ciara Jennings Kate Joyce Inderjit Kaur John Kavanagh Maeve Kavanagh Sarah Kavanagh Shauna Keane Cormac Kearney Barry Kearns Laura Kedian Avril Kelly Bernard Kelly Dean Kelly Mark Kelly Aine Kenna David Kennedy Patrick Kennedy Frank Kenny James Kenny Aisling Marie Keogh Tony Keogh Andrew Kidd Linda Kilbride Annie King Fiona Lacey Grainne Lambe Patricia Larkin Jennifer Lawless Joseph Leddy Deborah Lee Lisa Lee Jodie Lindsay Elaine Little Dana Lopes Andrew Lougheed Stuart Lowndes Aileen Lynch Amanda Lynch Avril Lynch Elizabeth Lynch Fergal Lynch Joseph Mackle Jacinta Madden Denis Maguire Karl Anthony Maguire Maria Maia David Malone Denise Malone Lisa Malone Michael Maloney Caroline Mannion Louise Mason Laura Masterson Aidan McCann Deirdre McCarthy Oisin McCarthy Keith McCormack Louise McDonald Tracy McDonald Ashling McDonnell Oonagh McDonnell Cathy McGrath Louise McGreevy Paula McGuinness Carly McLaughlin Michelle McLoughlin Ken McMahon Martha McMahon Laura Meaney Sarah Mee Joan Minchin Fiona Mooney Robert Moore Michelle Moran Patricia Moran Niamh Morgan Erin Mulhall Elaine Mullaney Beatriz Munoz Alan Munroe Antoinette Murphy Ciara Murphy Gerard Murphy Loretto Murphy Susan Murphy Ryan Murray Burke Lesley Ncube Eimear Neary Frank Nolan Patrick Nolan Sinead Nolan Terry Nunan Damian Oates Catherine O Brien Darragh O Brien Eilis O Broin Tania O Callaghan Daragh O Connell Paul O Connell Rory O Connell Deirdre O Connor Kate O Connor Stephen O Doherty Orla O Donnell Jacqui O Donovan Laura O Dwyer Matthew O Grady Thomas O Leary Ion Cornel Olteanu Robert O Malley Daniel O Neill Daniel O Neill Gemma O Rourke Joseph O Shea Kenneth O Shea Donal O Sullivan Noreen O Sullivan Greg Owens Mervyn Owens Eimear Pierce Nicole Poljakova Anna Posert Vera Power Alan Prendergast Sinead Purcell Aimee Quinn Lisa Ralph Ben Redmond Daryl Redmond Paul Reidy Eileen Roberts James Ronan Brian Ruddy Joanne Russell Eddie Ryan Samantha Rynne Tanya Scully Breffni Sexton Barbara Sheahan Grace Sheehan Conor Sheehy James Sheridan Robert Shevlin Anthony Sinnott 40 41

23 QUALIFICATION ROLL CALL Lisa Smith Thomas Smith Mark Smyth Niall Stack Celine Stapleton Elena Stefanovic Clare Stenson Nicola Sutton Yvonne Swan Anna Maria Swolek-Zwierko Louise Sykes Dorota Szwenk Marian Tallis Lesley Thompson Neisha Tomkins Patrick Gerard Twomey Lisa Tyghe Brigita Volkova Niamh Wafer Sandra Walsh Tim Walsh Sean Ward Michael Whelan Amanda Whitmore Perry Whitworth Michelle Williams Avril Wilson Emma Woods Evelyn Barrett Gerard Bartley Denise Behan Margaret Bermingham Sinead Berry Linda Broderick Rosemarie Brogan Elaine Burke Marcus Carey Derek Cassidy Alan Clarke Susan Clerkin Ciara Clifford Teresa Colfer Michelle Conheady Niamh Diane Connolly Gerard Conway Paraic Cooney Siobhan Costello Patricia Cullen Tina Davis Caroline De Silva Michelle Deaton Nigel Dickson Gary Donoghue Tracey Douglas Mary Drohan Eamonn Duggan Fiona A Duggan Lynn Duhy Mary Dunne Michelle Fahy Roisin Feighery Shane Finnegan Ciaran Fitzgerald Michelle Flaherty Anthony Flynn Hugh Foley Jackie Forde Neil Geraghty Sarah Geraghty Lisa Govern Barry John Hanley Tracy Hanlon Damien Harnett Lorna Healy Sinead Healy John Heaphy Padraig Heffernan Deirdre Hegarty Sinead Heneghan Ciara Hickey Eric Hogan Christine Hynes Damien Hynes Shane Jenkinson Jack Kavanagh Grace Kelleher Elaine Kelly Grainne Kelly Moira Elizabeth Keogh Laura Kerr Lisa Kerr Bernadette Kiernan Brian Kilbride Bernadette King Majella King Niamh Lacey Joseph Langan Mark Linnane Damien Long Denise Maher Sharon Maher Sinead Marconi Sandra Matthews Padraic McConnon Una McDermott Ronan McGowan Niall McGrath Roy McKee Karen McVicker Christopher Merrigan Fiona Moloney Helen Moloney Ann Martina Monaghan Zoe Mortlock Fiona Muldoon Graeme Murdock Gerardine Murphy Joanne Murphy John Murphy Paula Murphy Brian Murray Jennifer Nagle Alan Nolan Patricia Nolan Colm O Brien Aileen O Callaghan Alan O Carroll Claire O Connell Daniel O Connell Caitriona O Donovan Anne O Driscoll Michael O Dwyer Gary O Keeffe Shane O Meara Padraig O Regan Damian O Reilly Khadijat Oyefeso Aisling Pettit David Paul Pringle Philip Quinn Andrew Rigby Dermot J Sargent Marie Savage Marie Scully Diane Seale Aidan Sheehy Louise Sheeran Damian Smith Elaine Anne Stritch-Bowens Kevin Sugrue Paula Thompson Elizabeth Traynor Fiona Turner Andree Tynan Cormac Walsh David Walsh Linda Walsh Pierce Williams Dorothy Woods Michael Holland Denise Malone David Cox Marian Greene Olivia Clifford Conor Donohoe Karen Dunne Colette Houton Olga Kuznetsova Amjad Abdul Jalil Michael Acton Marlene Afonso Aisling Ahern Heather Akers Chandy Alexander Marc Alford Ahmad Alhourani Kavitha Amarnath Nour Amer Gaetane Andre Samantha Andrews Jennifer Arnold Sean Arthur Kirsten Asmussen Ella Attride Fiona Austin Kirsty Bailey Alice Barnett Aimee Barrett Daryl Barrett Lisa Barrett Cameron Barry Catherine Barry Debbie Barry Grace Barry John Barry Lucy Barry Michele Barry Sarah Barry Martine Bashorum Tamara Baur Claire Baynes Conor Baynes Brian Bergin Bridanne Bergin Conor Bergin Vanessa Berka Barbato Ray Best Ciara Birkett Eoin Boland Daniel Boles Graham Bolton Mark Borwick Joanne Boulter Catherine Bourke Paul Bowden Barry Brady Brendan Brady Gavin Brady Kevin Brady Micheal Brady Siobhan Brady Thomas Brady Edgar Branco Conor Brannigan Sarah Brannock Damien Bratton Michaela Breen-Kavanagh Ashling Brennan Lily Brennan Sarah Brennan Darren Brett Eddy Brogan Steven Brohan Derek Brophy Donna Browne Martina Bruetting Aoife Buckley Ciaran Buckley Ciara Burke Paddy Burns Neil Butler Amelia Byrne Christine Byrne Cliona Byrne Emma Byrne John Byrne Mark Byrne Michelle Byrne Stephen Byrne Ciaran Cadogan John Cahalan Linda Cahill Orla Callaghan Aileen Callanan Christine Campbell Brian Campion Niall Campion Johnny Cantwell Simon Cardiff Louise Carey Raymond Carey Donna Carlin Karen Carmody Jacinta Carney Bernadette Carr Claire Carroll Michelle Carroll Lauren Carter Ferdia Carty Gerard Casey Michael Cassells Alan Cavanagh Maeve Cavanagh David Cazabon Lea Cherry David Chevalier Silvia Chicos Dominika Ciesielczuk Ann Clancy Laura Clancy John Clare Evelyn Clarke Verena Clarke John Clear Paul Clerkin Patricia Clifford Seamus Clinch Ross Clohessy David Clougher Joanne Clutton Mary-Claire Coakley Carla Cody Dermot Cogan Amy Coll Katie Collier Louise Comer Fionnuala Conaty Lynne Condell Deirdre Condon Lisa Condron Louise Conlon Patrick Conneely Ann Connolly Dermot Connolly Damien Conway Gwen Coogan Huntley Cook Emma Cooke Jaime Cooney Mark Cooney Michael Corcoran Stephen Corcoran Louise Cormack Samantha Cormack Kevin Corrigan Orla Corry Lynne Cosgrave Simon Costello Susan Costigan Aisling Cottrell Brian Coughlan Alan Cowley Amy Coyle Ann Crawford Claire Cronin Gary Cronin Mary Crowley Regina Crowley Michael Cullen Seana Cullen Grainne Cullinan Una Cumming Laura Cunningham Tara Cunningham James Curley Niall Patrick Curley William Curran Paul Curtis Peter Curtis Ian Cusack Kevin Cusack Iwona Cyranska Marcin Czekalski Sabrina Daloiso Denise Daly Lorcan Daly Lorraine Daly Stephen Darcy Nelson De Castro Kevin De Wet Thomas Deacy Katie Deane Claire Delaney Giovanna Delaney 42 43

24 QUALIFICATION ROLL CALL John Joe Dempsey Kym Dempsey Liam Dempsey Steven Denny Fiona Derham Stephen Devereaux Paula Devereux Martin Devine Karl Dias Emma Dilleen Zornitsa Dimova Marjorie Dinan Alan Dixon Siobhan Dixon James Dodd Karl Dodrill Ann Doherty Caitriona Doherty Charlene Doherty Jacqueline Doherty Stephen Donaldson Niamh Donnellan Camilla Donnelly Brendan Donoghue Stephen Donohoe Alan Doolan Aine Dooley Robert Dooley Desmond Dorr Glenn Dowd Ciara Doyle Emma Theresa Doyle Fiona Doyle Mark Doyle Martina Doyle Roy Doyle Sinead Doyle Danielle Duane Conor Duff Gavin Duffy J P Duffy Fiona Duggan Patricia Duggan John Duignan Brendan Dunne Karl Dunne Patrick Dunne Rita Dunne Jacinta Dunton Annette Dupuy Robert Dwyer Sorcha Dwyer Sarah Earley Tara Eastwood Lyons Sinead Edwards Lane Egan Rebecca Egan Amy Eglington Jana Elkhawad Joseph Elliott Neil Emerson Marian Fahy David Farrell Dean Farrell Mary Farrell Jonathan Farrelly David Faughnan Erin Fawl Alan Fay Amanda Fay Colm Featherstone Emma Featherstone Jonathan Ferris Siona Finlayson Orla Finn Stephen Finn Aishling Finnegan Joanne Finnegan Elaine Firth Aisling Fitzgerald Ciara Fitzgerald John Fitzgerald Ross Fitzgerald Yvonne Fitzgerald Siona Fleming Clare Flood Niall Flood Odran Floyd Shona Marie Fogarty Caroline Folan Christopher Forrest Simone Forrest Roberto Forte Aveen Foster Alison Fowler David Fox Thelma Fox Sinead Foxe Karen Fraser Lorcan Frayne Olivia Gahan Emma Gallagher Eunan Gallagher Zara Gallagher Maureen Gamble Redmond Gates Elizabeth Gaughan Alan Gavin Jo Gavin Miriam Gaynor Orlaigh Gaynor Grainne Geoghegan Mark Gibney Tammy Gilfillan Louise Gilligan Declan Gleeson Nicole Gleeson Rory Gogan Margaret Gorman Sinead Gorman David Govan Conor Grant Stephen Grant Donall Greed Zita Greene Kieran Grehan John Griffin Berenice Grimley William Grimley Brendan Guthrie Stephen Haddock Janice Hall Anthony Hanaphy Aine Hanlon John Hanlon Miriam Hanrahan Gary Harding Alison Hardy Cathy Harkin Aoife Harold Rory Harrison Gerard Hart Melissa Harte Frances Hassett Tom Hatton Cathy Haughey Siobhan Hayes Marguerite Healy Naomi Healy Nuala Healy Patricia Healy Regina Heffernan Emma Hegarty Gillian Hempenstall Paula Henderson-Cahalane Caroline Hennessy Tadhg Hennessy Thornton Shane Hickey Charlene Higgins Mairead Higgins Peter Higgins Marc Hillis Michelle Hoare Ciaran Hobbs Tonya Hoey Daniel Hogan Padraig Hogan Ciaran Hogbin Lisa Holland Lexi Hopping Rebecca Horgan Niamh Houlihan Elizabeth Ann Howard Marian Howard Christian Howarth Monica Hughes Trevor Hughes Gavin Hyland Fiona Hynes Shihab Issa Adil Jaber Andrew Jackson Steven Jackson Naomi James David Jenkins Sean Jennings Hannah Johnson Maria Johnston Ciara Jones Katarzyna Jonova Alan Jordan Bhumika Joshi Marcin Kalisz Netila Kalldremxhiu Maureen Kane Rosie Kane Srinivasan Kannayan Monika Kargol Inderjit Kaur Carol Kavanagh Denise Kavanagh John Kavanagh Kathryn Kavanagh Maeve Kavanagh Niamh Kavanagh Sarah Kavanagh Trina Kavanagh Carmel Kearney James Kearney Richard Kearney Jasmin Keating Marcella Keating Ahmed Kechida Amy Keegan David Keegan Janice Keegan Lorena Keegan Sinead Keegan Emma Kehoe Sarah Kehoe Stephen Kehoe Amy Kelly Avril Kelly Christopher Kelly Colm Kelly Ian Kelly Lindsay Kelly Nicola Kelly Owen Kelly Shane Kelly Brenda Kennedy David Kennedy Emma Kennedy Ian Kennedy Jane Kennedy Kathleen Kennedy Lisa Kennedy Alan Kenny Andrew Kenny Annette June Kenny Kevin Kenny Laura Kenny Sarah Kenny Colm Kernan Anne Marie Keville Robert Keyes Karen Kiely Fiona Kierans Darren Kilcoyne Karolina Kilian Damien Kilmartin Aidan Kilroy Jonathan Kinch Emma Kinsella Garry Kirby Daniel Kirrage Brian Kirwan Sean Kirwan Jarek Kobylnicki Wayne Kwan Miriam Laird Karen Lalor Leanne Lalor Aisling Langan Michelle Langton Lishan Lao Geraldine Lawlor Leah Lawlor Eileen Lee Miriam Lee Simon Legge Annette Liston Treasa Little Bernadette Long Andrew Lougheed Leah Loughrey Mary Lowbridge Deirdre Lucey Ellen Lynam Amanda Lynch Barbara Lynch David Lynch Cecelia Lynch Carroll Paul Lynn Aisling Lyons Fergus Lyons Linda Macbeth Gavin MacDonagh Raymond MacFadden Seamus MacGabhann Niamh Madden Kyle Madigan Breda Maher Caroline Malone Denise Malone Richard Maloney Amy Manning Gerard Manning Anna Manolija Sinead Marconi John Marron Annette Marshall Aisling Martin James Martin Matthieu Martineau Greg Masterson Jack Mathews Stephanie Matthews Ruaidhri Maxwell Ann McAndrew Niall McArdle Vicky McCabe Christopher McCallion Melissa McCallon Colm McCann Lucy McCann Darren McCarthy James Kevin McCarthy Rita McCarthy Niall McCormack Melissa McDaid Aine McDermott Anne McDermott Ciaran McDonagh Gemma McDonagh Naomi McDonagh Annemarie McDonald Mairead McDonnell Ronan McDonnell Aine McElhinney Dolores McEnteggart Adam McEvoy Bronagh McGarry Gary McGeown Conor McGill Gary McGlew Stephen McGlynn Tara McGlynn Hannah McGowan Thomas McGowan Leon McGrane Maire McGrath Michelle McGrath Sarah McGrath Cliodhna McGrattan Catherine McGuinness Corey McGuinness Orla McGuinness Samantha McGuinness Anthony McHugh Kathleen McIlwee Keith McIntosh Caoimhe McKeever Michael McKenny Sinead McKiernan Kenneth McKinlay Samantha McKinley Anna McLaughlin Sinead Ellen McManus Laura McMenamin Deirdre McNally Sandra McNamara Tanya McNamara Monica McNevin Siobhan McPhillips Sinead McShane John Meade Martina Mealiffe Dawn Meenaghan Charles Anthony Mernagh Jnr Stephen Merrick Caolan Minogue Anita Mockler Lorna Moir Paul Molloy Paul Moloney 44 45