Insurance Industry Conference (VIRTUAL)
Wednesday, Jun. 18
8:00am - 5:20pm
Online
8.00 Credits
Member Price $300.00
Price will increase by $50 after 6/5
Non-Member Price $360.00
Price will increase by $50 after 6/5
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.
Wednesday, June 18
Optional Session
- Optional Bonus Session: Navigating Ethical Leadership - Strategies for Making the Right Call
Attend this session and receive one (1) additional hour of CPE credit (8 hours total).
Speaker: Boz Bostrom, CPA | College of Saint Benedict and Saint John's University
Leadership comes with tough decisions, some of which test ethical boundaries. This session explores examples of ethical failures and the consequences they bring. Learn practical strategies for making sound, values-driven decisions while balancing competing interests. Walk away with a stronger ethical framework to lead with confidence and integrity.
Credits: 1 - Behavioral Ethics
This session is available to registrants only.
General Session
- Welcome comments
This session is available to registrants only.
General Session
- Iowa Department of Insurance Update
Speaker: Kevin Clark, Iowa Department of Insurance
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
- Economic Outlook in an Uncertain World
Speaker: Michael Wolf, Deloitte
Uncertainty is at a record high in the United States, making the trajectory of economic growth difficult to discern. This session will discuss different scenarios for the US economy based on different policy outcomes. We will cover how inflation will evolve and how the Fed is likely to respond in the current environment. In addition, we will discuss recent developments in financial markets, including unusual moves in treasury and currency markets. Finally, we will discuss potential transformation of the US economy in the medium to long run.
Credits: 1 - Economics
This session is available to registrants only.
Breakout Session
- NAIC Update
Speaker: Connie Jasper Woodroof
What’s new at the NAIC this year in statutory reporting and accounting? This session will cover key updates from the 2024 NAIC Spring National Meeting held in March, including highlights relevant to insurers and preparers. It will also provide an overview of the finalized risk-based capital formula reporting formats released in April, as well as the 2025 annual statement reporting format changes finalized in late May. Gain guidance to help companies navigate internal process adjustments in response to these changes.
Credits: 1 - Accounting
This session is available to registrants only.
- Tax Update
Speakers: Brandy Shy, FORVIS and Mary Beth Zajicek, Deloitte
The insurance industry is facing a constantly evolving tax landscape, with new laws and regulations introduced each year. Staying current is essential to ensure compliance, manage risk, and minimize potential liabilities. This session will provide an update on the latest proposed and enacted tax legislation, with a focus on how these changes may impact the insurance industry. Topics will include potential corporate tax rate changes and their effect on interim provision calculations, along with practical insights to help organizations navigate the road ahead.
Credits: 1 - Taxes
This session is available to registrants only.
General Session
- The Future of Insurance: GIA Insights and CPAs Roles in Helping Bring Forward the Future
Speaker: Dan Israel, Global Insurance Accelerator (GIA)
Join Dan Israel, Managing Director of the Des Moines-based Global Insurance Accelerator (GIA), for a look into the rapidly evolving world of insurance and the crucial role CPAs play within it. The insurance industry is undergoing significant transformation driven by technological advancements and changing customer expectations.
Dan will provide a brief overview of the GIA, a leading accelerator program fostering innovation in the insurance sector right here in Iowa. He'll explore key trends shaping the future of insurance – from AI and data analytics to new distribution models – and explore the implications for the accounting profession. Discover how CPAs can adapt, advise, and add value in this changing landscape.
The highlight? Experience innovation firsthand! Dan will showcase pitch videos from successful GIA alumni companies tackling real-world insurance challenges. You'll get to step into the investor's seat in a fun, interactive "Shark Tank" style segment, voting for the innovations you find most compelling.
Credits: 1 - Specialized Knowledge
This session is available to registrants only.
General Session
- Current Issues in Business Ethics 2025
Speaker: Boz Bostrom, CPA | College of Saint Benedict and Saint John's University
Stay up to date on the latest business ethics issues impacting accounting and finance professionals. Explore key laws and regulations shaping the profession, analyze real-world ethical violations and their consequences, and gain practical strategies for navigating complex ethical challenges with confidence.
Credits: 1 - Behavioral Ethics
This session is available to registrants only.
General Session
- Harnessing AI: Redefining Finance in Insurance
Speaker: David Fourie, KPMG
AI and data advancements are revolutionizing finance, pushing insurance organizations to rethink their operating models and harness data as a strategic asset to drive sustainable performance. This session will reveal how AI is reshaping insurance and how finance can leverage these tools to drive enterprise value.
Credits: 1 - Information Technology
This session is available to registrants only.
Breakout Session
- FASB & SEC Update
Speaker: Andrew Pidgeon, Deloitte
Stay ahead of the curve with the latest developments from the FASB and SEC that directly impact insurers. This session will provide a timely and practical update on current and emerging financial reporting issues, with a focus on topics most relevant to insurance company GAAP reporting professionals. Gain insights into recent standards, proposed changes, and regulatory priorities, along with how they may affect financial statements, disclosures, and compliance processes.
Credits: 1 - Accounting
This session is available to registrants only.
- Insurance Operation Trends and Hot Topics
Speaker: Joshua Schwartz, PwC
The individual life and annuities industry is undergoing rapid transformation, driven by shifting customer expectations, regulatory changes, and emerging technologies. This session explores the key trends reshaping the industry and how leading insurance carriers are adapting their business models and operations in response. Explore how modernization efforts are impacting finance and accounting functions - from data management and reporting to operational efficiency and compliance. Through real-world examples, gain insight into the tools and capabilities enabling these changes, the potential impacts to your organization, and lessons learned from those leading the charge. Walk away with a clearer understanding of what’s ahead and practical takeaways for supporting operational change within your organization.
Credits: 1 - Specialized Knowledge
This session is available to registrants only.
General Session
- Stretch Break
This session is available to registrants only.
General Session
- Industry Leaders Hot Topic Panel
In this interactive panel discussion, we will explore some of the hottest topics shaping the insurance industry today. This engaging session will provide a 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.
Panelists:
• Elisabeth Sandersfeld, CFO, Merchants Bonding Company
• Wendy Young, CFO, Fidelity & Guaranty Life
• Ken McCullum, EVP & CRO, Principal
• Moderator: Chris Yuska, Partner, EY
Credits: 1 - Specialized Knowledge
This session is available to registrants only.
Non-Member Price $360.00
Member Price $300.00