2024 Annual Conference
The Society of Insurance Financial Management
- Borgata, 1 Borgata Way, Atlantic City, NJ 08401
- September 8-11, 2024
- 29+ Speakers
September 8-11, 2024
Conference Pricing:
All-inclusive early bird pricing again this year! Includes the 3-day conference, breakfasts, lunches, evening networking receptions, and special networking options on Tuesday afternoon.
- $1,295.00 August 1 – September 11
Hotel Complimentary Benefits:
Join SIFM at the Borgata.
- WI-FI in all sleeping rooms
- Daily access to the Borgata Fitness Center
- WI-FI in all meeting locations
- Small meeting room (Apex B, across from conference room) for attendees on Monday, Tuesday and Wednesday
Program Managers:
John Swanick, Senior Director, Centri Business Consulting LLC
Joseph Hayes, Managing Director, Insurance Practice Leader, Centri Business Consulting LLC
Title: Navigating the Intersection of Capital Markets, Alternative Investments and Regulatory Shifts
Highlights:
The SIFM’s Annual Conference is a premier event that provides attendees with the opportunity to hear from key industry leaders and gain insights into the latest trends and changes in the insurance industry. The conference offers a unique platform for registrants to engage with experts and discuss various topics.
For the upcoming conference, the keynote speakers are set to share their expertise on different days.
Keynote Speakers:
- Monday: Sandy Bigglestone, Deputy Commissioner of Captive Insurance in Vermont, will discuss the role and impact of captive insurance in the current market.
- Tuesday: Alon Neches, CEO of Fortitude Re, is expected to provide insights into the company’s approach to risk and how they are shaping the reinsurance landscape.
- Wednesday: Sean Sweeney, Director at 1251 Capital Group, will delve into investment strategies and financial management within the insurance sector.
These sessions are designed to help members understand the evolving dynamics of the insurance industry and the various factors influencing it. The conference is also an excellent opportunity for networking, allowing members to connect with industry leaders and peers
Sunday, September 8, 2024
| Time | Event | Speaker | Location |
|---|---|---|---|
| 6:00 – 7:00 pm | Welcome Reception | MGM Tower Prefunction Area |
Monday, September 9, 2024
| Time | Event | Speaker | Location |
|---|---|---|---|
| 7:45 – 8:45 am | Breakfast |
Borgata ABG Main Dining Room |
|
| 8:00 – 8:45 am | Registration |
MGM Tower, 2nd Floor Tides Conference Rooms |
|
| 8:45 – 9:00 am | Welcome, SIFM President |
John Yoon Chief Accounting Officer, QBE North America SIFM President |
MGM Tower, 2nd Floor Tides Conference Rooms |
| 9:00 – 9:50 am |
Keynote Address Evolution or Revolution – Captive Insurance and Its Role in the Commercial Insurance Marketplace |
Sandy Bigglestone Deputy Commissioner, Captive Insurance Division, Vermont Department of Financial Regulation |
MGM Tower, 2nd Floor Tides Conference Rooms |
| 9:50 – 10:40 am | The Dual-Track Process: Setting the Stage for a Successful Exit |
Christopher Mora, Partner, SEC & Capital Markets, Centri Business Consulting LLC Brian Kehoe, Vice President, Investment Banking, Janney Montgomery Scott LLC |
MGM Tower, 2nd Floor Tides Conference Rooms |
| 10:40 – 11:10 am | Refreshment Break |
MGM Tower, 2nd Floor Prefunction Area |
|
| 11:10 – 12:00 pm | Two Sides of the Same Coin – How Captive Insurance and Commercial Insurance Work in Harmony | Christina Kindstedt, President, Advantage Insurance Management LLC |
MGM Tower, 2nd Floor Tides Conference Rooms |
| 12:00 – 1:00 pm | Lunch |
Borgata ABG Main Dining Room |
|
| 1:10 – 2:00 pm | What is on the Minds of Actuaries? |
Mike Angelina, Executive in Residence, Maguire Academy of Insurance and Risk Management, Saint Joseph’s University William Wilt, President, Assured Research LLC |
MGM Tower, 2nd Floor Tides Conference Rooms |
| 2:00 – 2:50 pm |
CFO Panel: The Evolving Role of a CFO – Dynamic Leadership, Market Conditions, and Technology Investment |
Moderator: Yelena La Forgia, SVP, CFO, Aspen Insurance and Aspen US Panelists: Mark Cloutier, SVP, CFO, GBU Financial Life Entela Hana, CFO, North America, Sompo International Luke Kwiatkowski, CFO, Holborn Corp Brian Schleider, CFO, The Great Bay Insurance Group |
MGM Tower, 2nd Floor Tides Conference Rooms |
| 2:50 – 3:05 pm | Refreshment Break |
MGM Tower, 2nd Floor Prefunction Area |
|
| 3:05 – 3:55 pm | Internal Audit Insights: Driving Value in Insurance |
Julia Paromchik, Senior Internal Audit Manager, VP, QBE North America Yury Umansky, Senior Internal Audit Manager, VP, QBE North America |
MGM Tower, 2nd Floor Tides Conference Rooms |
| 3:55 – 4:45 pm | ASC 820 Fair Value: Securities Pricing for Fair Value Hierarchy Levels for GAAP Reporting | Matthew Foley, Managing Director, Valuation & Capital Market Analysis, BDO USA |
MGM Tower, 2nd Floor Tides Conference Rooms |
| 4:45 – 5:00 pm | SIFM Reorganization Meeting | Sean Egan, Partner, KPMG |
MGM Tower, 2nd Floor Tides Conference Rooms |
| 6:00 – 8:00 pm | President's Reception |
MGM Tower, 32nd Floor Overlook Room |
Tuesday, September 10, 2024
| Time | Event | Speaker | Location |
|---|---|---|---|
| 6:45 – 7:45 am | Breakfast |
Borgata ABG Main Dining Room |
|
| 7:30 – 8:00 am | Registration |
MGM Tower, 2nd Floor Tides Conference Rooms |
|
| 8:00 – 8:50 am |
Keynote Address Specialist Reinsurers - How They Work and Why They Matter |
Alon Neches CEO, Fortitude Re |
MGM Tower, 2nd Floor Tides Conference Rooms |
| 8:50 – 9:40 am | P&C, Life Insurance & Alternative Impacts on the Insurance Industry |
Thomas Gallagher, Senior Managing Director, Evercore ISI Ryan Tunis, Property & Casualty Insurance Senior Analyst, Autonomous Research |
MGM Tower, 2nd Floor Tides Conference Rooms |
| 9:40 – 9:50 am | Refreshment Break |
MGM Tower, 2nd Floor Prefunction Area |
|
| 9:50 – 10:40 am | IFRS 17: Lessons Learned and Path Forward |
Florie Bourrel-Heleine, Partner, Insurance, Forvis Mazars US Matthias Liermann, Actuarial Services, Forvis Mazars US Abdoulaye Traore, Actuarial Services, Forvis Mazars US |
MGM Tower, 2nd Floor Tides Conference Rooms |
| 10:40 – 11:30 am | Credits and Incentives Overview: Generating and Monetizing Tax Credits |
Gopika Parikh, Managing Director, EY Michael Bernier, Partner, Financial Services, EY |
MGM Tower, 2nd Floor Tides Conference Rooms |
| 12:00 – 5:00 pm | Networking Events |
• Lunch for non-golfers • Spa Options at Borgata Spa • Golf Outing & Lunch at Seaview Hotel and Golf Club |
Borgata ABG Main Dining Room |
| 6:30 – 8:30 pm | Mix & Mingle Reception |
MGM Tower, Main Floor Indoor Pool |
Wednesday, September 11, 2024
| Time | Event | Speaker | Location |
|---|---|---|---|
| 7:15 – 8:15 am | Breakfast |
Borgata ABG Main Dining Room |
|
| 8:00 – 8:30 am | Registration |
MGM Tower, 2nd Floor Tides Conference Rooms |
|
| 8:30 – 9:20 am |
Keynote Address Operator vs Investor – Private Equity & Succession Planning |
Sean Sweeney, Director, 1251 Capital Group |
MGM Tower, 2nd Floor Tides Conference Rooms |
| 9:20 – 10:10 am | AI – Risk Management and Role of the Board | Matthew Cassidy, Principal, Risk Advisory Insurance, Grant Thornton LLC |
MGM Tower, 2nd Floor Tides Conference Rooms |
| 10:10 – 10:20 am | Refreshment Break |
MGM Tower, 2nd Floor Prefunction Area |
|
| 10:20 – 11:10 am | Model Audit Rule - Lessons Learned from Implementation, Examination and Audit |
John Romano, Insurance Regulatory & Audit Leader, Baker Tilly Advisory Russell Sommers, Principal, Baker Tilly Advisory |
MGM Tower, 2nd Floor Tides Conference Rooms |
| 11:10 – 12:00 pm | GAAP and Statutory Accounting Updates Including NAIC and FASB Topics |
Moderator: John Swanick, Senior Director, Insurance Practice, Centri Business Consulting LLC Panelists: Eric McGann, Senior Manager, Audit & Assurance, Deloitte LLP Blake Roberts, Partner, Technical Accounting Practice Leader, Centri Business Consulting LLC |
MGM Tower, 2nd Floor Tides Conference Rooms |
| 12:00 pm | Conference Wrap-up | End of Conference Drawing |
MGM Tower, 2nd Floor Tides Conference Rooms |
Speakers
Sandy Bigglestone
Deputy Commissioner, Captive Insurance Division State of Vermont, Department of Financial Regulation
Christopher Mora
Michael Angelina
Blake Roberts
CPE Credit
Attendees can earn up to 15 credits in Accounting, Auditing, Finance, Specialized Knowledge, and Tax.
Who should attend?
Accounting, tax and finance professionals in the insurance and reinsurance sectors. All attendees are expected to be working in those sectors and have the relevant background.
Learning Objectives
Conference attendees will be able to:
- Distinguish the symbiotic relationships between captive and traditional insurers
- Understand the business model of specialist reinsurers
- Prepare for an IPO, M&A, including succession planning
- Discuss issues in reserve adequacy, inflation & fairness in personal lines pricing
- Be aware of the evolving role of the CFO
- Understand the critical role of internal audit
- Comprehend ASC 820 fair value in securities pricing
- Understand GAAP and Statutory Accounting updates including NAIC and FASB, IFRS 17
- Ascertain the issues in generating & monetizing tax credits
Prerequisites: Attendees should have a minimum of 5 – 10 years of insurance industry experience in finance and accounting, tax, risk and capital management, compliance, reporting or financial technology
Advanced Preparation: None
Program Level: Intermediate
Delivery Method: Group Live
Golf Outing
Borgata Spa Options
Borgata Hotel, Casino & Spa
1 Borgata Way,
Atlantic City, NJ 08401
Tel: (609) 317-1000
Email: Diane.SIFM@verizon.net
SIFM Sponsors
Refunds and Cancellations: Refund requests must be received 24 hours prior to the webinar. For more information regarding refund, concerns and/or program cancellation policies, please contact Diane Mensinger at DMensinger@SIFM.org.
SIFM is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE Credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.