Insurance Industry Conference (VIRTUAL)
Thursday, June 20
9:00am - 5:20pm
Online
8.00 Credits
Member Price $295.00
Price will increase by $50 after 6/6
Non-Member Price $355.00
Price will increase by $50 after 6/6
Overview
Important: This is a VIRTUAL program and is being offered in partnership with the Iowa Society of CPAs
Discover fresh trends and top-notch practices shaping the insurance sector. Whether you're a seasoned pro or new to the field, this conference promises to arm you with valuable insights and expertise to level up your understanding of the insurance world.
Please note that the Class Pass does not apply to this program.
Objectives
To provide the latest information on current issues affecting the insurance industry.
Designed For
CPAs and financial professionals working in or with the insurance industry.
Notice
By registering for this program and, accordingly, receiving the eMaterials, you’re acknowledging that you understand both the copyright restrictions on your eMaterials and the CTCPA cancellation policy.
Thursday, June 20
General Session
9:00am - 9:10am Welcome Comments
This session is available to registrants only.
General Session
9:10am - 9:25am Iowa Insurance Division Update
Speaker: Doug Ommen, Insurance Commissioner, Iowa Insurance Division
Discover the latest advancements, regulatory shifts and essential insights crucial for navigating the evolving insurance landscape in the upcoming year.
This session is available to registrants only.
General Session
9:25am - 10:15am Economic Update
Speaker: Marie Carr, PwC
Session description coming soon!
This session is available to registrants only.
Breakout Session
10:25am - 11:15am GAAP/PCAOB/SEC Update
Speaker: Andrew Pidgeon, Deloitte
Session description coming soon!
This session is available to registrants only.
10:25am - 11:15am Voices of Insurtech Innovation and Investing
Panelists:
Ellen Willadsen, Chief Innovation Officer, Holmes Murphy
Nicole Gunderson, Principal, ManchesterStory
Dan Israel, Managing Director, Global Insurance Accelerator
Moderator: Susan Hatten, Chief Operating Officer, BrokerTech Ventures
Hear from a variety of voices around innovation, from an insurance, startup investing and accelerator lens and perspective. Panelists include leaders from a top insurance brokerage, an insurtech venture capital management firm and an industry-leading insurtech accelerator. Learn how companies both large and small can take advantage of leaning in to creating a company culture which promotes an entrepreneurial spirit, and empowers employees to lean into the creative process of innovation.
This session is available to registrants only.
General Session
11:25am - 12:15pm NAIC Update
Speaker: Connie Jasper Woodroof, CJW Associates
The NAIC has been hard at work developing new regulatory guidelines for insurance companies. This session will review the more substantive statutory accounting and reporting changes in place for 2024. In addition, a list of all statement and risk-based capital revisions will be provided, even those not covered in the session. The discussion will include the Securities Valuation Office’s (SVO) announcement for delaying the implementation of modeling of collateralized loan obligations (CLOs) and other substantial SVO policy changes.
This session is available to registrants only.
Optional Session
12:30pm - 1:20pm Optional Bonus session: Ethics, Integrity and Accountability 2024: How Are We Doing?
Attend this session and receive one (1) additional hour of CPE credit (8 hours total).
Speaker: Tom Westbrook, Ph.D., Drake University
It has been over twenty years since we witnessed the largest financial scandals in the history of the United States. Since that time, countless ethical policies, programs, and trainings have been implemented to elevate our awareness and mitigate behaviors that can result in a significant loss of public trust. So, how are we doing regarding observed misconduct, pressure to bend rules, reporting of harmful behavior and retaliation for those reporting misconduct? This session will review the ethical state of the industry and show the good, the bad, and the ugly or our efforts to heighten ethics, integrity, and accountability. Be prepared for some surprising results and insights!
This session is available to registrants only.
General Session
1:30pm - 2:20pm Ethics, Integrity and Accountability 2024: It Could Happen To You
Speaker: Tom Westbrook, Ph.D., Drake University
What is the difference between organizations who are at risk of exhibiting behaviors that can result in a significant loss of public trust and those that are well shielded from such mishaps? This session will provide an overview of the personal and organizational elements companies implement to create and maintain a high ethical culture. Where does your organization rate? Could this happen to you? Be prepared for a thought-provoking discussion!
This session is available to registrants only.
Breakout Session
2:30pm - 3:20pm ESG
Speaker: Mike Nichols, EY
Session description coming soon!
This session is available to registrants only.
2:30pm - 3:20pm Tax Update
Speaker: Andy Seydel, EY
The insurance industry is facing a constantly changing tax landscape. With new laws and regulations being introduced each year, it's important to stay up-to-date on the latest tax changes to ensure compliance and minimize liabilities. This session will discuss the latest tax developments impacting the insurance industry and key insights on how to navigate these changes.
This session is available to registrants and their guests
Breakout Session
3:30pm - 4:20pm Principles Based Bond Project
Speaker: Kevin Clark, Iowa Insurance Division
This session explores key context for understanding the new principles based bond definition standard for statutory accounting. Gain valuable insights and background from the main regulator that led the development for the standard.
This session is available to registrants only.
3:30pm - 4:20pm Washington Update
Speaker: Scott McLucas, KPMG
Session details coming soon!
This session is available to registrants only.
General Session
4:30pm - 5:20pm Hot Topics Panel
Panelists:
Kelli Eddy, COO, FBL Financial Group
Scott Jean, CEO, EMC Insurance Company
Moderator: Patti Martin, Managing Director, Deloitte
More panelists to be announced soon.
In this interactive panel discussion, we will explore some of the hottest topics shaping the insurance industry today. This engaging session will provide an unique opportunity to hear key insights from leading experts on important trends and developments. Don't miss this chance to stay ahead of the curve and gain valuable perspective into the future of insurance.
This session is available to registrants only.
Non-Member Price $355.00
Member Price $295.00