Chief Compliance Officers – Compliance and Internal Audit Legal Counsel, General Counsel and Attorneys Compliance and Market Conduct VPs, Directors, and Managers Compliance, Market Conduct and Legal Staff Audit and Risk Management Managers and Staff AIRC Designees (who receive $100 off the member rate when they register)
Highlights
Created by Compliance professionals for Compliance professionals, attendees enjoy this opportunity to discuss crucial regulatory issues and learn effective compliance practices from peers and topical experts. This year’s conference will focus on these three topics crucial to our continued success:
Chief Legal & Regulatory Affairs Officer, Insured Retirement Institute
As Chief Legal & Regulatory Affairs Officer at the Insured Retirement Institute, Jason Berkowitz provides leadership and support for IRI member company priorities before federal and state policymakers, including the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), the Department of Labor (DOL), the state insurance and securities departments, and state legislatures. Berkowitz leads industry efforts on major regulatory initiatives applicable to the lifetime income industry and is the primary author of IRI’s comment letters regarding various regulatory proposals. He led IRI’s engagement with respect to the DOL fiduciary rule, and he remains at the forefront of IRI’s engagement on standard of conduct activities at the SEC, the National Association of Insurance Commissioners (NAIC), and across the states. Berkowitz joined IRI in October 2012, serving as the association’s Vice President & Counsel for Regulatory Affairs until March 2019, when he was promoted into his current role.
Shefi Ben-Hutta is the co-founder of Coverager, “the homepage of insurance,” a website featuring insurance news, trends and companies in a modern way. Coverager is read by top insurance executives from across the insurance ecosystem and is regarded as the most engaging daily insurance newsletter. Previously, she managed NYC-based Bolt’s commercial lines comparative rater, where she consulted with top insurance carriers such as The Hartford, Travelers, and Liberty Mutual on how to integrate their commercial lines product into a single consumer-facing workflow solution. In her most recent role with CNA, she was part of their small-business automation team working on real-time quoting solutions for digitally focused brokers such as Dovetail and BizInsure. Ben-Hutta holds a B.Sc. in Applied Mathematics from Bar-Ilan University and an M.B.A. from NYU Stern School of Business with a specialization in strategy and marketing.
As a senior member of the Public Affairs practice, Tom Crawford advises boards of directors, executive teams, and senior decision-makers on public-policy issues that pose opportunities and challenges to their organizations' enterprise values. He has worked on every budget reconciliation and tax-measure package considered by Congress in the past two decades.
Prior to FTI Consulting, Crawford was a founding partner of government-affairs and lobbying firm, C2 Group. There he oversaw the firm’s growth and development into a “Top 20” independent lobbying firm in Washington, D.C. As a respected public-policy expert, Crawford is also a member of The Tax Council, and chairman of the board of directors at Harvard University’s Center on Media and Child Health.
Lawrence Kosciulek is responsible for administering and interpreting the rules relating to investment companies and variable contracts, and working with FINRA Board Advisory Committees in developing policies and procedures regarding investment companies regulations. He served in the same capacities at NASD before its 2007 consolidation with NYSE Member Regulation, which resulted in the formation of FINRA.
Lawrence is Liaison to the Independent Dealer/Insurance Affiliate Committee, a FINRA Board Advisory Committee. He has also assisted in the creation of various publications, including Notice to Members NtM 95-80 (Mutual Fund Sales Practices), NtM 99-35 (Variable Annuity Guidelines), NtM 99-55 (Q&A – Non-Cash Compensation), NtM 00-44 (Variable Life Insurance Guidelines), Regulatory Notices 09-32 and 10-05 (Deferred Variable Annuities) and Regulatory Notice 09-42 (Variable Life Settlements). He began his career in 1976 in the Chicago District Office of NASD before transferring to NASD’s home office in Washington, DC, in 1994.
Vice President, Chief Privacy Officer and Chief Ethics Officer, New York Life Insurance Company Anti-Money Laundering Compliance Officer, New York Life Insurance Company, New York Life Insurance and Annuity Corporation, and NYLIFE Securities LLC
Brian Loutrel is a Vice President at New York Life Insurance Company in charge of anti-money laundering compliance, privacy/information security compliance as well as business conduct/ethics compliance programs. Brian is the Anti-Money Laundering Compliance Officer for New York Life Insurance Company, New York Life Insurance and Annuity Corporation, and NYLIFE Securities LLC. In addition, Brian is New York Life’s Chief Privacy Officer and Chief Ethics Officer.
Brian joined New York Life in June 1982 after graduating from Barry University in Miami, Florida. During his tenure with New York Life, Brian spent fifteen years with the Corporate Audit Department conducting operational and information systems audits and fraud investigations, and the last sixteen years with the Corporate Compliance Department, where he has managed several divisions, including branch office compliance examinations, agent licensing and FINRA registration, complaint handling, sales material review and the handling of regulatory inquiries and examinations.
David Macchia is Founder & CEO of Wealth2k. A nationally-recognized expert in income distribution planning, David is the creative force behind some of the industry’s most successful retirement income solutions including The Income for Life Model®. A long-time expert in financial services marketing, Research Magazine hailed David a “marketing guru” for his innovations in technology-driven marketing communications. David is a founding member of the non-profit Retirement Income Industry Association. He served on that organization’s Board of Directors from 2006 thru 2013. He is currently LIMRA’s Senior Consultant for Retirement Income.
Anthony Masella is a Corporate Vice President at New York Life Insurance Company in charge of anti-money laundering compliance and privacy/information security compliance programs. He reports directly to the Anti-Money Laundering Compliance Officer for New York Life Insurance Company, New York Life Insurance and Annuity Corporation, and NYLIFE Securities LLC. Anthony is New York Life’s co-representative on the Anti-Money Laundering Committee and the Insurer Corporate Confidentiality Task Force of the American Council of Life Insurers (ACLI). He joined New York Life in 1996 after graduating from Iona College, New Rochelle, NY. During his tenure with New York Life, Anthony spent the majority of his career in the Corporate Compliance Department. Additionally, he was the internal compliance officer for the largest branch office in the Company’s agency field force. He has been a manager in the Anti-Money Laundering Unit since 2007.
Vice President, Chief Information Security Officer, New York Life
Tod
Mitchinson joined New York Life in February 2016 as a Vice President in the
Enterprise Technology Department to serve as the Chief Information Security
Officer (CISO). In this role, he focuses on the 2nd line IT Security
and Risk functions aimed at ensuring the security of company information. Prior
to New York Life, Mitchinson served as a Vice President and Head of IT
Security, Risk, and Compliance for Corporate IT at AIG, as well as interim
CISO. There he was responsible for developing the corporate IT Risk Management
program in support of all areas of Corporate IT. From 2013 to 2014, he served
as Vice President, IT Security, Risk and Compliance Lead - Global Corporate HR
& IT, where he built the Security, Risk and Compliance capabilities for
those organizations. From 2010 to 2013, Mr. Mitchinson served as Global Chief
Information Security Officer for ICAP plc. In this role, he was tasked with
building a global security program and strategy, and developed a global
Compliance Framework that included risk assessment, exception management, and
risk reporting. Mitchinson has held multiple, progressively responsible
roles with DLJ/Credit Suisse First Boston, Computer Sciences Corporation,
Bankers Trust, and Teleport Communications Group and has a degree in Computer
Science from the State University of New York at Oswego.
Commissioner, Office of the Commissioner of Insurance, State of Wisconsin
Ted Nickel has served as Commissioner of Insurance for the
State of Wisconsin since 2011. In addition, Commissioner Nickel acts as the
final adjudicator of all administrative actions; vice co-chairs the Governor’s
Financial Literacy Council; supervises the Injured Patients and Families
Compensation Fund, Local Government Property Insurance Fund, and State Life
Insurance Fund, and serves on the Wisconsin Retirement Board. In his capacity as
President of the National Association of Insurance Commissioners (NAIC), he
serves on the Executive (EX) Committee, Cybersecurity (EX) Task Force,
Government Relations (EX) Leadership Council, International Insurance Relations
(EX) Leadership Group, and the Internal Administration (EX1) Subcommittee. He is
a member of the NAIC American Indian and Alaska Native Liaison Committee and
serves on several other NAIC task forces and committees. In addition, he chairs
the Mortgage Guaranty Insurance (E) Working Group. Commissioner Nickel is
also a member of the International Association of Insurance Supervisors (IAIS).
He is a member of the Executive Committee, Audit and Risk Committee and Chairs
the Site Selection Committee. Prior to his 2014 appointment to the Federal
Advisory Committee on Insurance, Commissioner Nickel worked for almost 18 years
as director of Governmental and Regulatory Affairs for Church Mutual Insurance
Company in Merrill, Wisconsin. He has served on the board of directors of the
Wisconsin Insurance Alliance, including having served as chair in addition to
many others.
Jim Pastore is a litigation partner and a member of the firm’s Cybersecurity & Data Privacy practice and Intellectual Property Litigation Group. He is recognized by The Legal 500 US (2016) for his cybersecurity work. Cybersecurity Docket (2016) named him one of the “Incident Response 30,” a collection of 30 of the “best and brightest” incident response attorneys in the country. Prior to rejoining Debevoise in 2014, Jim served for five years as an Assistant United States Attorney in the Southern District of New York. He successfully litigated eight jury trials to verdict and was the lead prosecutor in United States v. Monsegur, a/k/a “Sabu,” and Operation Cardshop, both of which were named to the FBI’s top 10 cases of 2012. Additionally, he was the lead prosecutor on Operation Dirty R.A.T., which targeted the creators and users of Blackshades malware, and resulted in the largest ever worldwide law enforcement action against cybercriminals. Jim earned his J.D., with distinction, from Stanford Law School in 2004. Jim received his B.A., summa cum laude and Phi Beta Kappa, from the University of Notre Dame in 2001.
Mark Smith, a partner at Eversheds Sutherland, is a nationally leading ERISA lawyer. Since 1981, banks, broker-dealers, insurance companies, investment advisers, mutual funds, retirement platform providers and plan sponsors have engaged Mark for a broad range of consulting, transactional, regulatory and litigation matters. Clients say he has “extensive experience" and provides solutions that are "concise, easy-to-understand" and "invaluable; he is very adept at assisting clients with navigating the regulatory waters." He has been heavily involved in advocacy related to the DOL fiduciary proposal, and is working with a number of retirement product and service providers on evaluating the impact of and the strategic and compliance response to the final rule. Mark is a fellow of the American College of Employee Benefits Counsel, has been recognized in Best Lawyers in America and Legal 500 USA, and, from 1999 to 2007, served as partner-in-charge of Sutherland's Washington office and firmwide Executive Partner.
Jim Szostek is the Vice President of American Council of Life Insurers (ACLI) Taxes & Retirement Security department, having joined ACLI in January 2008. He helps guide ACLI policy on regulation and legislation affecting the retirement security of Americans and the business of its members. He has more than 28 years of experience consulting on tax and labor laws and rules applicable to employer sponsored retirement plans. He has testified before the Department of Labor as well as the IRS and Treasury at various hearings on rulemaking initiatives affecting retirement plans, including the DOL’s hearing on the fiduciary proposal and has participated in and led panel discussions on retirement policy issues. Prior to joining ACLI, Szostek held positions supporting the retirement business of CIGNA and The Hartford. He is a graduate of Central Connecticut State University where he earned degrees in economics and business.
Government, public policy, markets,
globalism and more are converging to impact everyday Americans and financial services
consumers, especially in the new political landscape following the 2016
elections. Tom Crawford, a strategic communications director with expertise in
corporate governance, retirement security, and tax policy, will provide his
inside-the-beltway insights on the changes in the political landscape and what
that might mean for our industry.
Trudy Gregorie, Executive Director, National Adult Protection Services Association (NAPSA) Alethea O'Donnell, Assistant Vice President, MassMutual Carol Stilwell, ACS, PCS, Director of Integrated Risk and Regulatory Services, Northwestern Mutual Aelthea
As the population ages, protecting seniors and other vulnerable adults from financial exploitation is an important part of what we do. Companies and broker dealers are seeing multiple regulators active in their area. In the session we will:
Explore ways to respond to new regulatory requirements
Discuss strategies to reconcile federal and state laws and regulations that will help protect and serve our vulnerable clients
Seek audience input on how they are identifying "Trusted Advisors"
Jennifer Pace, Assistant Vice President, Privacy Officer & Senior Counsel, Lincoln Financial Group Joe Spada, Vice President & Chief Compliance Officer, Life & Annuities, Legal Department, Lincoln Financial Group
As
insurers, we potentially know a lot about people. What are we doing with all of
that information? In this session, we'll look at Big Data through a regulatory
perspective. We'll discuss the practical and ethical issues related to the
collection and use of data, including recent regulatory activity.
Hans Schemmel, Director, Individual Retirement Products and Annuity Services, Financial Solutions, Pershing LLC
The focus of the session will be to provide an update of the DOL Rule. But more importantly, this session will discuss changes financial institutions and advisors have taken or will be taking place in response or despite the fate of the Rule. Also to be addressed are any challenges and opportunities that may have arisen in the wake of implementation.
Here’s your opportunity to
discuss topics and benchmark your practices with peers and industry
experts in a fast-paced roundtable format. Change tables
every 15 minutes to discusstopics.
In this general session, a panel of industry leaders will share their insights and thoughts on what might come next for our industry as we navigate the new reality of the changing regulatory landscape.
This
panel of state and federal regulators will answer questions about
the current regulatory environment. Please pre-submit your questions
for a wide-ranging discussion of issues by emailing LIMRA’s Larry Niland at lniland@limra.com
Michael Kmiecik, Vice President, Compliance, Prudential Kyle G. Krueger, Corporate Vice President, Compliance, New York Life Insurance Kathleen Pettit, Assistant Vice President, U.S. Compliance, John Hancock Moderator: Sean Regan, Vice President, Compliance, Prudential
MCE Activities: everybody has an interest. What are the current focus
areas and issues that require the most attention? Join this session to see how
other firms are approaching and handling the important areas and issues of
today.
Bob Wilhelm, CLU, ChFC, FLMI, AIRC, Development Director, LIMRA Alberta Roberts, Chief Compliance Officer, Bankers Life Securities, Inc.
Who are you going to train? When are you going to do it? How are you going to do it? Why are you going to do it? Come hear from a diverse panel of your peers what their respective companies are doing to prepare their advisors and associates for the new DOL environment. Join this session to also hear about the rule’s impact to recruiting and onboarding, including how to ensure new advisors to your firm understand the rule and become the type of advisors you want to be acting in a fiduciary capacity.
Susan Burke, AIRC, ACS, Associate Director, Compliance, Sun Life Financial Christine Williams, ACS, Assistant Vice President, Compliance, Global Atlantic Life and Annuity Moderator: Alex Holloman, AIRC, ALMI, Compliance Officer, Infosys McCamish
Companies rely upon third-party
administrators (TPAs) to conduct a range of activities on their behalf.
Issues from due diligence to monitoring and oversight of performance
obligations by TPAs present compliance professionals with a unique set of
challenges. Hear from a panel of company representatives who will discuss
their strategies to address the compliance challenges posed by the use of TPAs
in their business.
Stefan Keller, President, Business Information Group Damian Woodard, Assistant Vice President, Contracting and Licensing, National Life Group
What is required and needed for a background check on a producer? How frequently does the background check need to be refreshed? How are various findings handled? Come hear from an expert on background checks about these requirements and how individual companies are handling the findings.
Amy Mulligan-Capocci, Assistant Vice President, CCO Insurance, John Hancock Jeff Schloemer, CRCP, Director, Enterprise Compliance, Northwestern Mutual
Join
us for an interactive session to discuss compliance talent succession and
planning. Where does your compliance talent come from? What should
compliance professionals focus on for their own professional development?
This session will be of interest to compliance staff who are thinking
about their own development as well as people managers who are looking to
develop their staff and thinking about talent succession.
Ryan Lavelle, Compliance Analyst, Knights of Columbus
Data visualization software can transform excel charts and graphs into visually appealing, interactive graphics that help people see and understand their data. Attend this session to see how companies are using the Tableau analytics tool to identify trends and sales practice anomalies, and learn how you might use it to improve monitoring and enhance relationships with sales and other internal teams.
Jon Snider, Assistant Counsel/Director, Advertising Compliance and Consulting Team, John Hancock Tricia Walker, CPA, Vice President, Direct-to-Consumer, MassMutual Moderator: Patrick Leary, Corporate Vice President, Distribution Research, LIMRA
To reach new customers and their different buying preferences,
some life insurance companies have launched online direct-to-consumer
(DTC) efforts. Following the life cycle of a product sale – from solicitation
through post-issue service, our panel will to explore the business and
compliance challenges that arise with digit DTC
platforms.
Tom Roberts, Partner, Fiduciary Group, Groom Law Group
The
DOL’s new Fiduciary standard has a significant impact on product design and
compensation. Find out the types of changes companies are making in
response to the regulations.
Linda Burm, Chief Distribution Compliance Officer, Allianz Life Joy Dawe, Director, Market Conduct, Crump Life Richard Vynalek, Chief Compliance Officer, Futurity First Financial Corporation Moderator: Gissou Gotlieb, Compliance Officer, Ann Arbor Annuity Exchange
Join us to learn about the impact of the Fiduciary
rule on Distribution and how it relates to your business.Learn about:
The Perspective of different producer types (e.g., captive, insurance-only, registered representatives)
The perspective of product manufacturers and other insurance intermediaries
How the different parts of distribution interconnect
Market innovation today is leveling playing fields with accessibility. Meanwhile, industry and regulatory challenges are calling for business model changes and new approaches with clients. Key are robo-advisors playing a crucial role in financial planning and asset management for the masses. Join us to explore the impact of the DOL Fiduciary Rule past, present, and future.
Gina Cristallo, Corporate Vice President, Corporate Compliance Department, New York Life Keith Raymond, Vice President, Research and Consulting, Novarica
With increasing consumer demand for e-business options, our industry is stretched to meet modern-day compliance challenges like never before. Items to be addressed may include e-apps, validating identity, Skype interviews, self-serve, fraud detection, and more. Presenters will discuss tactics and tools to compliantly do business today and tomorrow.
Chris Amidzich, Assistant Director of Special Investigations Unit, Northwestern Mutual Barbara B. Fitch, CFE, CLU, FLMI, AIRC, ACS, AIAA, Chief Compliance Officer, Life and Annuity, National Life Group Moderator: James Butz, FLMI, CPA, Senior Manager Compliance, LC&C Business Review, Transamerica
What frauds are hot? Which ones are on the rise? what should you be on the lookout for at your company? This panel of fraud investigation personnel will share some of their more interesting cases and discuss best practices in identifying, investigating and reporting fraud today.
Ted Newton, AIRC, Assistant Vice President, Advertising Compliance, MassMutual Hector Vilchis, Vice President, Target Markets, New York Life Moderator: Nilufer Ahmed, Ph.D., Senior Research Director, Insurance Research Markets, LIMRA
As
the country and our potential customers continue to be more culturally diverse,
companies and financial professionals must become more adept in approaching, soliciting and
retaining business from people who speak different languages, hold different
perceptions of insurance and have different cultural, financial and medical backgrounds.
What are some of the business and compliance challenges that arise from
marketing to multi-cultural markets? Come listen as our panel addresses these
issues from both the company’s and financial professional's perspective.
Jared Bixler, CISA, Advisory Senior Manager, Deloitte & Touche Sean Cunniff, Research Leader, Investment Management, Deloitte & Touche Tom Roberts, Partner, Fiduciary Group, Groom Law Group
Sounds
simple enough: an exemption to allow advisors to continue to sell traditionally
commission-based products, as long as certain conditions are satisfied.
Implementation of this exemption, however, has been complicated. In this
session, we’ll identify challenges and issues with BICE suitability and oversight,
and learn how some companies are responding to these new requirements.
Easy access to technology, and new entrants coupled
with VC funding are introducing a lot of noise into the industry. And while
innovation is taking place, it is occurring at a different pace across
different lines of business, and across different consumer
demographics. The session titled 'Innovation, Disruption &
Regulatory Implications' will
be rooted in insurance fundamentals coupled with tactical examples on how
insurers plan on staying relevant despite the low barriers to entry and the
changing consumer behavior. The session will follow trends across
the insurance value chain beginning with digital solutions to attract
consumers, to innovations in claims, to transformation of insurers' backend
systems. Also included in the session is a review of what a winning insurer
model looks like as well as an 'outside-in' perspective that follows where
investment money is being spent in the context of the insurance
ecosystem.
Vice President, Chief Privacy Officer and Chief Ethics Officer, New York Life Insurance Company Anti-Money Laundering Compliance Officer, New York Life Insurance Company, New York Life Insurance and Annuity Corporation, and NYLIFE Securities LLC
Anthony Masella
Corporate Vice President, New York Life
Tod J. Mitchinson
Vice President, Chief Information Security Officer, New York Life
Over the last several years, insurers and
securities brokerage firms have increased their focus on managing cybersecurity
and data privacy risks.But a number of
federal and state regulators are increasing their scrutiny of how the life
insurance and securities industry manages its cybersecurity and data privacy programs.This regulatory scrutiny reinforces the
importance of compliance officers working closely with their information
security, legal, privacy and risk management counterparts.Our panel includes representatives from each
of these areas who will share their firm's perspectives with you on managing
these risks.
In April 2016, the
DOL released the new fiduciary rule, creating a seismic shift in the financial
service industry. Despite the anxiety that resulted, our industry is finding
new opportunities in this new regulatory landscape. For those who successfully
embrace this change, there is plenty to be optimistic about and a silver lining
to be found in the disruption we’re experiencing. The session will explore these opportunities,
including the significant but as yet unappreciated gift that DOL gave to
the annuity industry.
Grand Ballroom A
11:45 a.m.
CONFERENCE ADJOURNS
Registration
Early Bird Registration Fee: LIMRA and LOMA member: $1,225 AIRC Designee: $1,125 Nonmember: $1,725 Guest/Spouse fee: $100
After April 17, 2017: LIMRA and LOMA member: $1,425 AIRC Designee: $1,325 Nonmember: $1,925 Guest/Spouse fee: $100
Refund Policy
All cancellations and refund requests must be in writing. Full refunds minus a $100 administrative fee will be granted only on cancellations received 10 business days prior to May 10, 2017 (by 04.26.2017). No refunds will be granted after that time. In the unlikely event the meeting is cancelled, LIMRA/LOMA will refund the total registration fee. However, LIMRA/LOMA will not be responsible for any travel, hotel accommodations or other costs incurred.
Hotel / Venue
Boston Park Plaza 50 Park Plaza at Arlington Street Boston, MA Ph: 617-426-2000
Reservations Phone: 617-426-2000 (mention LL Global 2017 Regulatory Compliance Exchange)
Make your reservations by April 17, 2017 in order to receive the group rate of $269.00 single/double (plus applicable sales taxes). Requests after April 17, 2017 will be accepted on the basis of space availability. The group guest room rate will be offered three days prior and three days after the meeting dates subject to availability.
Only these 2 dates are sold out - Friday, May 12th and Saturday, May 13th
Please note that hotel rates will go up after the cut-off date or when the meeting room block sells out, whichever comes first. Make your reservations early to be able to take advantage of our discounted rates.
This conference is your opportunity to meet and network with compliance professionals from the insurance industry to discuss crucial regulatory issues and learn effective compliance practices.
Conference attendees typically include:
Chief Compliance Officers – Compliance and Internal Audit Legal Counsel, General Counsel and Attorneys Compliance and Market Conduct VPs, Directors, and Managers Compliance, Market Conduct and Legal Staff Audit and Risk Management Managers and Staff
EXHIBIT PACKAGE $4,800 (add $1,000 after April 17, 2017)
Each exhibiting organization will receive:
6-foot skirted table
Electrical outlet
Two full conference registrations (total value $2,850– based on Non-Member rate)
One-time use mailing list (Your choice - three weeks prior to or three weeks following the event.)
Listing in the on-site conference mobile app
Listing on the LIMRA and LOMA Event web pages of your logo, description and website
Listing on the online conference event page
Recognition on general session walk-in slides
The exhibit area will be host to a reception on Wednesday evening, Thursday lunch, breakfast each morning and extended breaks on Thursday and Friday.
Sponsorship Opportunities - Raise your level of branding with this audience by securing a Sponsorship. Benefits include:
Multiple conference registrations, which include full access to attendees at breaks and meals
Special recognition in the registration brochure, conference mobile app, onsite signs, and general session walk-in slides
Acknowledgement from the podium
Your company's marketing collateral prominently displayed for attendees
Specialty conference merchandise that will deliver your company name to all attendees
