Chief Financial Officer Roundtable
Transcription
Chief Financial Officer Roundtable
Presents The 2014 Executive Education Roundtable Series [ THE 2014 ] Chief Financial Officer Roundtable [ SPONSORED BY ] CHIEF FINANCIAL OFFICER ROUNDTABLE Tuesday, June 10, 2014 8:45am – 9:45am Alternative Reinsurance: It's Not What it Used to Be! 9:50am – 10:50am Solvency Modernization 11:00am – 11:30am Part 1: Making Your Data Work For You: How Analytics Can Help Insurance Company CFOs 11:45am – 1:30 pm President Clinton Keynote / Luncheon 1:45pm – 2:15pm Part 2: Making Your Data Work For You: Case Studies 2:25pm – 3:15pm Economic Outlook 5:30pm – 7:00pm Private Reception Sponsored by Centric Consulting 7:00pm – Evening Tuesday Evening Networking Event Chief Financial Officer Roundtable Co-Chairs Celeska Fredianelli, QBE Margarete Chalker, Plante & Moran PLLC VP Seminars, IASA Tim Morgan, The Republic Group Director of Executive Education, IASA Brent Jones, Texas P&C Insurance Guaranty Association CHIEF FINANCIAL OFFICER ROUNDTABLE Session #1 Alternative Reinsurance: It’s Not What it Used to Be! As a CFO, you are familiar with the ever-changing investment environment and new products being offered on what can seem like a daily basis, but did you know the same is developing in the reinsurance marketplace? This leading edge session will discuss familiar and new reinsurance vehicles that are currently in use in the life industry and are starting to become mainstream in the P&C industry. A panel consisting of Reinsurance, Life, P&C, and Investment Management professionals will explore the new opportunities emerging in the marketplace for non-traditional reinsurance, how they are being deployed, what the best environments are to use them, and the pros and cons of each. Attendees will take away innovative insights from an asset manager dedicated to deploying capital and managing Insurance Linked Securities. Participants will also learn about determining investment strategies for institutional investors, what returns and insurance client profiles their dedicated funds seek invest in, and how they transfer insurance risk from the primary market to the capital markets. Join this session and leave prepared to discuss and take advantage of these new vehicles from both a reinsurance and investment perspective. Moderator: Mark A. Robison, Chairman and President, Brotherhood Mutual Insurance Company Panelists: Cory Anger, Global Head of ILS Structuring, GC Securities Romulo Braga, Senior Vice President, BMS Group Jeffrey S. Burman, Deputy General Counsel, American International Group, Inc. Dan Knipe, Life Portfolio Manager, Leadenhall Capital Partners Speaker Biographies Alternative Reinsurance: It’s Not What it Used to Be! Mark A. Robison, CPA, CPCU, FLMI, AIAF Chairman and President Brotherhood Mutual Insurance Company Mark is the Chairman and President of Brotherhood Mutual Insurance Company, Fort Wayne, Indiana. Brotherhood Mutual is a specialty property & casualty insurance company insuring America’s churches and related ministries. Brotherhood Mutual wrote $326 million in direct written premiums in 43 states in 2013. Mark has been with Brotherhood Mutual since January 1994 and has served as Assistant Vice President – Finance, Vice President – Finance, Vice President and Treasurer, Senior Vice President and Treasurer, President and CEO, and currently serves as Chairman and President. Prior to joining Brotherhood Mutual, Mark worked as a Manager for Ernst & Young, LLP serving their insurance clients as well as serving within the firms information systems consulting practice. Mark joined Ernst & Young, LLP (formerly Ernst & Whinney) in September 1986. Mark has an Accounting degree from Manchester College, North Manchester, Indiana. He is a Certified Public Accountant, a Chartered Property Casualty Underwriter, a Fellow, Life Management Institute, and holds the Associate in Insurance Accounting and Finance designation from the Insurance Institute of America Cory Anger Global Head of ILS Structuring, GC Securities Cory Anger is the Global Head of ILS Structuring for GC Securities, the investment banking arm of Guy Carpenter & Company, LLC and a division of MMC Securities Corp. She has been involved in the insurance-linked securities space since 1999. Prior to joining GC Securities in May 2008, Cory was a Senior Vice President at Lehman Brothers in the Insurance Products Group where she spent more than eight years originating and structuring insurance solutions for the P&C and life insurance sectors. Prior to Lehman Brothers, she worked in credit risk management at Merrill Lynch and the risk analysis division at the Office of the Comptroller of the Currency (regulator of national banks). Cory holds an MBA with concentrations in finance and accounting from the Simon School of Business at the University of Rochester, an MS in statistics from George Mason University and a BS in statistics and economics from Virginia Tech. Cory is a registered representative of MMC Securities Corp. Romulo Braga Senior Vice President BMS Group Romulo Braga is a Senior Vice President at BMS Group, where he interacts with current clients, prospects, reinsurers and financial investors to explore opportunities in the traditional and non-traditional risk management solutions space, including catastrophe bonds, sidecars and collateralized reinsurance. Mr. Braga joined BMS Group from Aon Benfield Securities, where he specialized in providing (re)insurance-focused capital markets and corporate finance advice. He has tangible experience servicing retained clients in the US and London, originating new opportunities, executing M&A mandates, and advising start-up insurance ventures. Mr. Braga earned Bachelor of Arts degrees in International Politics & Economics, and Spanish from Middlebury College. He holds securities licenses including the Series 7, and Series 63, and the designation of Associate in Reinsurance from the Insurance Institute of America. Jeffrey S. Burman Deputy General Counsel American International Group, Inc. Jeffrey S. Burman is a Deputy General Counsel at American International Group, Inc. in New York, where he leads a group responsible for transactional, regulatory and contract wording matters relating to AIG’s worldwide ceded and assumed reinsurance. Prior to AIG, Mr. Burman practiced at two major New York law firms, where he represented insurers, reinsurers, investment banks and investors in insurance and reinsurance based transactions, with a focus on insurance linked securitization. Mr. Burman received his law degree from Rutgers University School of Law, where he served as an editor on the Rutgers Law Journal. Following law school, he served as a judicial clerk to The Honorable James M. Havey, Presiding Judge of the Appellate Division of the Superior Court of New Jersey. Mr. Burman is a member of the bars of New York and New Jersey. Dan Knipe Life Portfolio Manager Leadenhall Capital Partners Dan joined Leadenhall in 2009 and manages over $650m of life insurance linked investments of the strategies managed by Leadenhall. Prior to joining Leadenhall he was part of the European Insurance Linked Securities team at Swiss Re Capital Markets from 2007 where he worked pricing and structuring cat mortality, US life insurance company capital relief, longevity and embedded value transactions. Dan is an actuary and qualified at Tillinghast where he was a consultant, advising various large international and UK life insurers on a wide range of topics including fund restructuring. Dan has worked in insurance and financial services since he first joined the Royal London group in 2001 and is a graduate of the University of Manchester Institute of Science and Technology. CHIEF FINANCIAL OFFICER ROUNDTABLE Session #2 Solvency Modernization The NAIC’s Solvency Modernization Initiative (SMI) is viewed by many in the insurance industry as the most significant program of regulatory reform in over twenty years. How will the initiative impact your Company and the industry as a whole? How can your Company prepare for changes to the solvency regulation framework? A diverse panel of insurance experts will address these questions and provide valuable insight on SMI to help your Company be proactive in tackling potential challenges resulting from impending solvency reforms. The panel will also examine lessons learned from international initiatives such as Solvency II and will discuss best practices to address current governance standards in place and anticipated ORSA requirements. Moderator: Gary Bowers, Tax Partner, Johnson Lambert LLP Panel: D. Keith Bell, Senior Vice President, Accounting Policy, Corporate Finance, The Travelers Companies Stephen W. Broadie, Vice President, Financial Policy, Property and Casualty Insurers Association of America (PCI) Ray Cox James Hattaway, Insurance Examinations Supervisor, Alabama Department of Insurance (ALDOI) Speaker Biographies Solvency Modernization Gary Bowers Tax Partner Johnson Lambert LLP Gary Bowers is Tax Partner at the multi-office CPA firm of Johnson Lambert LLP. Gary has served the financial services industry throughout his 32-year career and has worked exclusively with insurance companies in helping them to plan their tax strategies. Gary has extensive experience in dealing with corporate tax planning issues, corporate tax compliance, reorganizations and negotiations with the Internal Revenue Service to resolve issues. He also has had experience in dealing with the national office of the Internal Revenue Service related to private letter rulings and change in accounting method requests. Gary believes in a proactive approach to taxation matters through a complete understanding of your business and its objective. He regularly speaks on taxation matters for IASA, CICA, SCCIA and VCIA. He has also authored several articles for the National Underwriter, Captive Review 2004 and for CICA. After earning his B.B.A. degree at the University of Georgia, Gary attended Georgia State University where he earned the equivalent of a Masters in Taxation. He is a CPA. D. Keith Bell Senior Vice President, Accounting Policy, Corporate Finance The Travelers Companies D. Keith Bell is Senior Vice President, Accounting Policy, Corporate Finance at The Travelers Companies, Inc. He is responsible for setting accounting policy, monitoring the development of accounting standards, and interacting with insurance accounting standard setters. Prior to joining Travelers, he held similar responsibilities for Aetna, Inc. (formerly Aetna Life & Casualty). Mr. Bell has worked in the insurance and financial services industry for over twenty five years. He has a B.S. degree in accounting and is a certified public accountant. He is a member of the American Institute of Certified Public Accountants. He has co-chaired the insurance industry committee on statutory accounting for the last ten years. He is a contributing author to the IASA Property-Casualty Insurance Accounting textbook and has authored several articles in insurance trade publications. Additionally, he has been active on several NAIC advisory committees, the American Council of Life Insurance’s Accounting Committees, and is currently chairman of the American Insurance Association Committee on Financial Management Issues, a member of the Board of Directors of the National Conference of Insurance Guaranty Funds (member of the Finance Committee and Public Policy Committee), and a member of the AICPA Insurance Expert Panel. Stephen W. Broadie Vice President, Financial Policy, Property and Casualty Insurers Association of America (PCI) As vice president for financial policy for PCI, Steve Broadie is responsible for representing the association’s 1,000-plus member property/casualty insurers before state, federal and international policymakers on financial regulation issues. He represents PCI before the National Association of Insurance Commissioners on financial regulatory issues, and works with PCI’s state and federal government affairs staff as necessary. He also works with the Congress and Treasury Department, and represents PCI before the International Association of Insurance Supervisors and other international bodies on international insurance regulatory issues. He is staff liaison with PCI’s Financial Issues Committee. Before joining the National Association of Independent Insurers, one of PCI’s predecessor trade associations, in 2000, Steve performed similar duties with the Alliance of American Insurers (PCI’s other predecessor) since 1992. Before that time Steve was Insurance Tax Manager in Coopers & Lybrand’s Washington, D.C. office. From 1984 to 1989 Steve was a member of the Alliance’s federal affairs staff in Washington, D.C. Steve holds a B.A. from Wheaton College, a J.D. from the University of Southern California and a LL.M. in taxation with highest honors from George Washington University. He has chaired the Property/Casualty Companies Subcommittee within the Insurance Companies Committee of the American Bar Association’s Section of Taxation. He has spoken extensively on tax and financial topics within the insurance industry. The Property Casualty Insurers Association of America (PCI), based in Chicago, is the nation's premier property/casualty insurance trade association, representing over 1,000 companies that write 39 percent of the nation's automobile, homeowners, business, and workers' compensation insurance. PCI is an advocate for sound public policy that fosters a healthy and competitive insurance marketplace. The association serves as the voice of the property/casualty insurance industry before state and federal policymakers; state and federal courts; key insurance industry, governmental, and business groups; the news media; and the public. Ray Cox Ray Cox recently served as Senior Vice President, Chief Financial Officer and Treasurer of the Utica National Insurance Group (2011 -2013). He also served on the Board of Directors of several subsidiaries and was a Trustee of the Employee Pension and Savings (401K) Plans. Previously he was with Munich Reinsurance America, Inc. in Princeton, New Jersey, for 25 years where he was Vice President and Treasurer. Mr. Cox has a background in property and casualty insurance and reinsurance with specializations in finance, accounting, planning/budgeting, risk management, and operations having managed reinsurance intermediaries and rent-a-captives, and has served on the boards of several insurance and insurance-related services companies. He has also been responsible for investments, corporate tax, procurement, and company infrastructure/facilities. Mr. Cox earned a Bachelor’s degree in Economics from the State University of New York at Stony Brook, and holds the Chartered Property Casualty Underwriter (CPCU) and Associate Insurance Accounting & Finance (AIAF) professional designations, as well as an Insurance Executive Development Program certificate from the Wharton School of the University of Pennsylvania/American Institute for Chartered Property Casualty Underwriters. He was also a licensed Insurance Producer in the state of New Jersey. James Hattaway Insurance Examinations Supervisor Alabama Department of Insurance (ALDOI) Jim is the Insurance Examinations Supervisor with the Alabama Department of Insurance. He is responsible for oversight of all field examinations conducted by the ALDOI. Although his focus is primarily on the financial examinations, he is also responsible for the market conduct examinations when conducted in conjunction with financial examinations, and some of the larger market conduct examinations. Jim began his career with the ALDOI as an Insurance Examiner 23 years ago and has served in his current capacity for the past ten years. During his career with the ALDOI, he also worked as an examiner and an Examiner-in-charge. Jim assisted the ALDOI Receivership Division with various companies which were placed into rehabilitation or receivership after examinations that he participated, and helped to establish and train the Financial Analyst section of the Examiners Division of the ALDOI. He holds the following designations: CFE, CIE, CIA, SPIR, ARC, and MCM and has a B.S. degree in Banking. Jim is an active member of multiple working groups of the NAIC and currently serves as Co-Chair of the Risk Focused Surveillance Working Group. CHIEF FINANCIAL OFFICER ROUNDTABLE Session #3 Part 1 Making Your Data Work for You: How Analytics Can Help Insurance Company CFOs Nearly nine out of ten insurers are spending more time and money on data analytics. How are successful firms leveraging this time and treasure into actionable insights and results? This informative session will feature both insurance and technology experts who will describe a broad range of ‘big data’ business projects from insurers, from small companies to large multicompany and multi-product firms. Speaker: Sam Stuckal, Research Director, Insurance, CEB TowerGroup Speaker Biography Part 1 Making Your Data Work For You: How Analytics Can Help Insurance Company CFOs Sam Stuckal Research Director, Insurance CEB TowerGroup Sam Stuckal is a Research Director in the insurance practice at CEB TowerGroup supporting Life and Annuity. His research focuses on how technology supports the distribution and servicing of Life and Annuity products, including actuarial and risk management systems, policy administration, illustrations, CRM (Customer Relationship Management) and sales force automation. He also focuses on technology cost savings and security including cloud computing, financial management, outsourcing and roles based access controls. Sam has more than 20 years of insurance industry experience in financial management, application development, project management, sourcing and procurement. He joined TowerGroup from The Hartford Financial Services Group where Sam was a senior manager in the Enterprise Procurement Operations group and led outsourcing and infrastructure projects. His prior experience focused on leading several system replacement projects for the banking and insurance administration systems, and implementation of data security and actuarial applications. Sam’s experience also includes designing annuity financial management and accounting systems, and developing applications for hedging and reinsurance in the life and annuity lines of business. Sam received a Bachelor of Arts in economics and communications from the University of Michigan and a Masters in Business Administration with a concentration in Finance from the University of Connecticut. CHIEF FINANCIAL OFFICER ROUNDTABLE Session #4 Part 2: Making Your Data Work For You: Case Studies Continuing the exploration of Data Analytics, attendees will also hear from two insurers who have real-life experience with the power of data analytics. The first, a relatively small company, used off-the-shelf tools and available resources to achieve a data analysis solution that filled the needs of the company. The second, a larger company, was able to dedicate resources, staff and budget to create an optimized solution for their business. Both case studies illustrate the availability of options suited to every budgets and present ideas for maximizing available resources. Moderator: John Vercellino, Vice President of Product Management, SunGard, iWorks Financials Panel Members: Wayne Deveydt, Executive Vice President and Chief Financial Officer, Wellpoint Aaron Pierce, Associate General Counsel, Farmers Mutual Hail Insurance Company of Iowa Speaker Biographies Part 2: Making Your Data Work For You: Case Studies John Vercillino, AAM, AIAF Vice President of Product Management SunGard, iWorks Financials John E. Vercellino works as the Vice President of Product Management for SunGard iWorks Financials. He is responsible for product planning and execution throughout the product lifecycle, including: gathering and prioritizing product and customer requirements, defining the product vision, and working closely with product development, sales, marketing and support to ensure revenue and customer satisfaction goals are met. He works extensively with the investment areas of SunGard’s clients and serves as a subject matter expert for SunGard’s sales staff. Mr. Vercellino has worked for SunGard since 1997. Before then, Mr. Vercellino was employed by The Northern Trust Company for seventeen years, where he had roles in the Information Technology, Information Delivery, and Institutional Sales departments. Mr. Vercellino earned his Bachelor of Science Degree from The University of Illinois at Urbana-Champaign, completed post-graduate work at DePaul University of Chicago, holds the Associate of Automation Management and Associate of Insurance Accounting and Finance designations from the Insurance Institute of America, and is currently an Expert Level candidate in the Certificate in Investment Performance Measurement (CIPM) program of the CFA Institute. Wayne Deveydt Executive Vice President and Chief Financial Officer Wellpoint Wayne S. DeVeydt serves as executive vice president and chief financial officer for WellPoint. He became chief financial officer in May 2007 and is responsible for overseeing the financial operations associated with the company’s $60 billion in annual revenues. Mr. DeVeydt has a keen understanding of the public equity markets, strong management skills to ensure rigorous and effective financial controls, and plays a lead role in the direction of the company. He is exceptionally skilled in planning, developing, supervising and implementing business strategies that achieve optimum productivity and cost efficiency. Mr. DeVeydt is often praised for his down‐to‐earth communications style that delivers key financial information in easy‐to‐understand terms. Mr. DeVeydt leads the following areas: treasury functions, such as capital planning, investments and Mr. DeVeydt leads the following areas: treasury functions, such as capital planning, investments and cash management; investor relations; budgeting and forecasting; financial reporting; tax planning and compliance; accounting; and internal audit and compliance. Additionally, he oversees the actuarial functions including pricing, product development, valuation, health care management support, forecasting and other types of actuarial analysis. Mr. DeVeydt is also responsible for WellPoint’s Strategy, International business, HealthyCare Solutions and Corporate Development. Mr. DeVeydt joined WellPoint in March 2005 as senior vice president and chief accounting officer, responsible for the company's accounting and financial reporting, tax and financial systems. Mr. DeVeydt assumed responsibility for investor relations and became chief of staff to the chairman and chief executive officer in 2006. Prior to joining WellPoint, Mr. DeVeydt was a partner with PricewaterhouseCoopers, LLP. Beginning in 1996, he served the firm in many leadership roles, including the lead engagement partner for a number of large, national managed care and insurance companies, including WellPoint Health Networks Inc. Mr. DeVeydt was the Financial Services site leader for both the St. Louis and Southern Illinois markets and served on the firm's national Sarbanes‐Oxley Section 404 Advisory Committee. Mr. DeVeydt was voted Best Managed Care CFO for 2012 by Institutional Investor. This is the third time that he has been recognized by the global publication. Mr. DeVeydt was also named Best Managed Care CFO in 2008 and 2011. He was recognized by the Indianapolis Business Journal as 2011 CFO of the Year in the Public Companies category. Mr. DeVeydt is an active leader in his community and currently serves as a board member of the YMCA of Greater Indianapolis, which helps more than 185,000 people from diverse communities and provides more than $7 million in scholarships, program subsidies and underwritten programs in low‐income communities. He also sits on the board of the Cancer Support Community, an international non‐profit dedicated to providing support, education and hope to people affected by cancer. He previously served as a board member for The Children’s Museum of Indianapolis, the world’s largest children’s museum. Mr. DeVeydt received a Bachelor of Science in Accountancy from the University of Missouri in St. Louis. Aaron Pierce Associate General Counsel Farmers Mutual Hail Insurance Company of Iowa Mr. Pearce currently serves as Associate General Counsel for Farmers Mutual Hail Insurance Company of Iowa (FMH). Mr. Pearce joined FMH in September of 2008. In his role at FMH Mr. Pearce serves in both a legal and business advisory capacity. His law practice with FMH focuses on the areas of insurance regulation, insurance coverage, administrative law, employment law, and general corporate practice. Mr. Pearce’s business advisory experience is in the areas of management practices, strategic planning and cost management. Mr. Pearce attended Central College in Pella, Iowa where he received his B.A. in Social Science. He also holds a Juris Doctor from the Ave Maria School of Law in Naples, Florida, and a Masters in Business Administration from the University of Iowa. Mr. Pearce is a Des Moines area native, and has been involved in a number of charitable efforts including the fundraising for the Wounded Warrior Project, the Youth Sports Foundation Roughrider Football Program, Iowa Jobs for America’s Graduates, and the Waukee Youth Football League. In his free time he enjoys playing golf, cooking, exercising, and coaching youth football. CHIEF FINANCIAL OFFICER ROUNDTABLE Session #5 Economic Outlook As a CFO, awareness of the global and national economy as it stands is key to understanding both the large and small market fluctuations that affect every aspect of industry finance. As these fluctuations have a definitive effect on every company’s projections, pricing, and premium growth, a thorough understanding of the financial environment can enable insurance company CFOs to make informed decisions and form more effective business strategies. In this high impact session, our guest economist will share insights on market conditions, interest rate projections, and the impact of current political policies on the insurance industry. Join us in closing the day with this focused economic update that will provide actionable information critical to being an effective CFO in the coming year. Speaker: Peter M. Gioia, Vice President and Economist, Connecticut Business and Industry Association (CBIA) Speaker Biography Economic Outlook Peter M. Gioia Vice President and Economist Connecticut Business and Industry Association (CBIA) Peter M. Gioia is vice president and economist for the Connecticut Business and Industry Association (CBIA), the state's largest business organization with about 10,000 member companies. Gioia oversees the Member Services Department, which includes both Research and HR Services. CBIA's research department provides in-depth economic and policy analyses and survey research assistance to CBIA divisions and to member companies. The department provides key support to CBIA’s advocacy efforts on behalf of business. The department also provides association members with international trade information. Gioia is the association expert on state fiscal policy and is a frequent speaker at conferences and seminars. He creates partnerships to enhance the quality of Family Business programs, HR programs and surveys and provides new ways of sharing experiences, expertise, and business opportunities for members. Gioia is quoted over nine hundred times a year and is a frequent guest on media programs concerning business and political issues in the region. Prior to joining CBIA, Gioia was a senior consultant with KPMG Peat Marwick. Gioia joined CBIA in November 1989. Registered Attendee List as of May 14, 2014 COO = Chief Operating Officer CINVO = Chief Investment Officer CFO = Chief Financial Officer CITO = Chief Information/Technology Officer Last First Company City State Roundtable Adamski Brian American Traditions Insurance Company Pinellas Park FL CINVO, CFO Allen Scott Equitable Life & Casualty Insurance Company Salt Lake City UT COO, CITO Amat Amos Anderson Applegate Asprey Ayash Ayoub Baird Banwart Behr Belfiore Bell Bennett Berberian Bilimoria Blum Blythe Boardman Boddy Bolan Booten Bostrom Bowman Bracken Bradley John Steve Richard Kristin Richard Gerald Paul Robert Kevin Charles Lauren D. Keith Nicole Roupen Neville Donald Greg Lee Graeme Jacob Kelly James Brian Jane Carin Anchor General Ins Co Sentruity Casualty Company (GSFS Group) Healthcare Services Group CV Starr Co. Aggressive Insurance Group Western World Insurance Company FCCI Insurance Group United Educators Pharmacists Mutual Insurance Company ICI Mutual Rider Insurance The Travelers Companies Crum & Forster Health Net Life Insurance Company AXIS U.S. Insurance Company Merchants Bonding Company (Mutual) IMT Group USAble Life Builders Mutual Insurance Company Federated Rural Electric Ins Exchange Citizens Property Insurance Corporation Bar Plan Mutual Insurance Company Bar Plan Mutual Insurance Company Guarantee Trust Life Insurance Company Great American Insurance Company Personalumbrella.com Insurance Services, Inc. San Diego Houston Jefferson City Los Angeles Irving Franklin Lakes Sarasota Chevy Chase Algona Washington Springfield Hartford Morristown Woodland Hills Alpharetta Des Moines West Des Moines Little Rock Raleigh Lenexa Tallahassee Saint Louis Glenview Cincinnati Emeryville CA TX MO CA TX NJ FL MD IA DC NJ CT NJ CA GA IA IA AR NC KS FL MO IL OH CA CITO CINVO, CFO CINVO, CFO COO, CITO CINVO, CITO CFO COO CITO CINVO, CFO CINVO, CFO COO CFO CITO CINVO, CFO COO CFO CINVO, CFO CINVO CITO CITO COO, CITO CITO COO CITO CINVO Broadie Burman Buss Bussey Carlson Carr Cartenuto Chandler Charette Chin Stephen Jeffrey Roger Lane Ann Raymond Gina Jeff Elaine Albert Property Casualty Insurers Association of America AIG Pacific Compensation Insurance Company Tower Hill Insurance Group Inc. Wisconsin Reinsurance Corporation Investors Heritage Life Insurance Company Erie and Niagara Insurance Association Jefferson National Life Insurance Company Knights of Columbus New Jersey Insurance Underwriting Association Chicago New York Agoura Hills Gainesville Madison Frankfort Williamsville Louisville New Haven Newark IL NY CA FL WI KY NY KY CT NJ CINVO, CFO CFO CITO CFO CFO COO, CITO CFO CITO CITO CINVO Clark Collins Cornish Correa Cretsinger David Davis Dean Loren Michael Tom Carlos Doug Lyle Brad Joyce Oklahoma Farm Bureau Mutual Insurance Co Travelers Farmers Mutual Fire Ins Co of Salem County Liberty International Underwriters GuideOne Insurance Wisconsin Physicians Service Insurance Corp Service Lloyds Insurance Co. NAMIC Insurance Company Inc. Oklahoma City Hartford Salem New York West Des Moines Madison Austin Indianapolis OK CT NJ NY IA WI TX IN CITO CITO CFO CITO CITO CITO CINVO CINVO, CFO Last First Company City State Roundtable Deehan Dehoney Deithorn Demchak Deter Devine Devitt Diericx Dietrich DiRusso Doherty Domeracki Doom Dryer Dunbar Dunn Duvall Eagen Ellwood Elwell Embray Estrich Evans Ewbank Fabian Felix Ferber Fergang Fillizola FitzGerald Fogle Fonville Fowler Fredianelli Freyermuth Teri Brad David David Paul Annette John Brad Tim Frances James Henry Brian Dianna John Heather Mary Donald Cathy Suma Janet Ruth Ronald Tom Stephen Nathan Michael Michael Charles Tim Jean Earl Bryan Celeska Mary Ellen Travelers Stonewood Insurance Medical Mutual Liability Ins Society of MD Connecticut Interlocal Risk Mgmt. Agency Maryland Automobile Ins Fund Woodmen of the World Life Insurance Society American Agricultural Ins. Company HDI‐Gerling America Insurance Co. Stonetrust Commercial Insurance Company Massachusetts Property Insurance Farmers Mutual Fire Ins Co of Salem County Texas Municipal League Intergovernmental Risk Nodak Mutual Insurance Company Sentruity Casualty Company (GSFS Group) Atlantic American Corporation West Bend Mutual Insurance Company Medical Mut Liab Ins Soc Of MD Coastal Insurance Company, Inc. Ellwood Enterprises Wisconsin Reinsurance Corporation American Family Insurance MedRisk Inc Farmers Union Mutual Insurance Company The Ewbank Group P.C. Harford Mutual Insurance Company Great Western Insurance Company ICAT Specialty Ins Co Grange Mutual Insurance Company Sompo Japan Insurance Company of America US Assure The Warranty Group, Inc. Affirmative Ins Holdings Oregon Mutual Insurance Company QBE Holdings, Inc. Catholic Relief Insurance Company of America Hartford Rancho Cordova Hunt Valley New Haven Annapolis Omaha Schaumburg Chicago Baton Rouge Boston Wilmington Austin Fargo Houston Atlanta West Bend Hunt Valley Montgomery New Albany Madison Saint Joseph King of Prussia Great Falls Addison Bel Air Ogden Boulder Columbus Charlotte Jacksonville Chicago Addison McMinnville Southfield Omaha CT CA MD CT MD NE IL IL LA MA DE TX ND TX GA WI MD AL OH WI MO PA MT TX MD UT CO OH NC FL IL TX OR MI NE COO CITO CITO COO CITO CFO CINVO, CFO CFO CINVO CINVO, CFO CFO CINVO, CFO CINVO, CFO CINVO, CFO COO, CITO CFO CINVO, CFO CITO CINVO, CFO CITO COO COO, CITO CITO CINVO, CFO CITO CINVO, CFO CITO CITO COO, CITO COO, CITO CINVO COO, CFO CITO COO, CFO COO, CITO Fry Garateix Garrison Gasque Georgopoulos Gioia Gotterup Grant Green Grigsby Groban Gronbach Hackett Steven Ernie Courtney Damon Elias Peter Eda Scott Mike Jonathan Terry Mary Terry Colorado Bankers Life Insurance Company Heritage Property & Casualty Insurance Co. Midlands Management Union Labor Life Insurance Company BCS Financial Corporation CBIA Civil Service Employees Insurance Company Synergy Ins Co The MGIS Companies, Inc. Transportation Insurance Services, LLC Funeral Directors Life Insurance Company Secura Insurance Companies BCS Financial Corp Greenwood Village Clearwater Oklahoma City Silver Spring Oakbrook Terrace Hartford Walnut Creek Charlotte Salt Lake City Brentwood Abilene Appleton Oakbrook Terrace CO FL OK MD IL CT CA NC UT TN TX WI IL CINVO, CFO COO, CITO CITO CFO COO CFO CINVO, CFO CFO CITO CFO CINVO, CFO CINVO COO, CFO Haddad Hakimian Judith Mike Patriot National Insurance Assurant Speciality Property Fort Lauderdale Atlanta FL GA CITO CFO Last First Company City State Roundtable Hall Hall Hanby Harris Hattaway Haydukovich Hazel Henck Hendrix Hendrixson Hillier Hirschy Hochstetler Hoke Holdorf Hornick Howat Hoyng Hughes Hutchinson Jenkins Johns Johnson Jones Kaderabek Kanowsky Keal Kerver Kessler King Klaus Kleinecke Knobel Kocek Koenig Koester Kohmann Delbert Richard William Robert James Mark Raymond Scott David David Trevor Matt Ric Lisa John Slade Chris Denny Robert Wendy Wilbur Nathan Larry Brent Neal Louis James Keith John James Gregory Diane James Greg Thomas Ronald Joseph Ithaca Durham Rockford Branchville Montgomery Phoenix Blue Bell Warren Bucyrus Scottsdale Saint Petersburg Fort Wayne Orrville Raleigh Edmeston Waco Charleston Celina Metairie Austin San Antonio Salt Lake City Frankfort Austin Pekin Peoria Waukesha Westfield Center Columbus Oakland Saint Louis Petaluma Overland Park Waco Denver Cameron Westfield Center NY NC IL NJ AL AZ PA NJ OH AZ FL IN OH NC NY TX WV OH LA TX TX UT KY TX IL IL WI OH OH CA MO CA KS TX CO MO OH CFO COO, CITO COO, CITO CITO CFO CINVO CFO COO CFO CITO CFO CINVO, CFO CFO CINVO, CFO CFO CITO CINVO, CFO CINVO CINVO, CFO CINVO, CFO COO CFO CFO CINVO, CFO CITO CINVO, CFO COO, CITO COO CITO CINVO, CFO CINVO, CFO CINVO CINVO, CFO COO, CITO CITO CINVO, CFO CINVO, CFO Kollath Michael Madison WI CFO Kukar Laabs Kevin Rick Security Mutual Insurance Company North Carolina Mutual Life Insurance Company Rockford Mutual Insurance Co Franklin Mutual Insurance Co Alabama Department of Insurance Oxford Life Insurance Company London Life Reinsurance Company Chubb Ohio Mutual Insurance Group Scottsdale Insurance Company American Strategic Insurance Corporation Brotherhood Mutual Insurance Company Mennonite Mutual Insurance Company Builders Mutual Insurance Company New York Central Mutual Fire Ins Co Texas Farm Bureau Mutual Insurance Company Brickstreet Mutual Insurance Company The Celina Mutual Insurance Company The Gray Insurance Company Service Lloyds Insurance Co. Argo Group Arches Mutual Insuance Company Investors Heritage Life Insurance Company Texas P&C Insurance Guaranty Association Pekin Insurance Illinois Mutual Argent, A Division of West Bend Mutual Analytics Resource Center Motorists Mutual Insurance Company Medical Insurance Exchange of California Bar Plan Mutual Insurance Company Sutter Insurance Company Unified Life Insurance Company Texas Farm Bureau Mutual Insurance Company COPIC Insurance Company Cameron Mutual Insurance Company Westfield Group Emergency Physicians Insurance Company Risk Retention Group M Life Insurance Company Mutual Benefit Insurance Company Portland Huntingdon OR PA CINVO CITO Lamanteer Adam Cumberland Mutual Fire Insurance Company Bridgeton NJ CFO Laska Lawler Lawless Lawlor Lawrence Lay Lemos Lex Tony Gregory David Cynthia Michael Sherman Sabrina Michael Brickstreet Mutual Insurance Company Government Personnel Mutual Life Insurance Magna Carta Companies Beacon Mutual Insurance Company North Carolina Mutual Life Insurance Company Trinity Life Ins Co Sentinel Security Life Ins Co Nationwide Insurance Charleston San Antonio New York Warwick Durham Louisville Salt Lake City Columbus WV TX NY RI NC KY UT OH CITO CITO COO, CITO CFO CFO CINVO COO COO Last First Company City State Roundtable Lichtenthal Linardi Lindquist Locke Lontz Lopez Lorentz Lowenthal Mackey MacLeod Madaj Mahadevan Mapes Masarek McCaffrey McCormick McEntee McGough McIntyre Mencel Mendoza Mendoza Mercier Miller Mills Miske Mitchel Mitchell Monroe Montero Moon Moore Morales Morgan Munk Munson Murata Musick Myers Naish Naum Neely Niehaus Nikander Jason Frank John Justin Bradley Laura Paul Craig Scott Robert Ted Rajani Mike Lisa Paul Thomas Scott Rodney Heidi Teresa German Lourdes Elizabeth Charles Forrest Mark Ken Shane Larry Larry Jennifer Blaine Lauren Jacquline Tim Dave Chris Jennifer Rob Ed Steve John Thomas James Stephen PURE Insurance Injured Workers' Insurance Fund Great Western Insurance Company American Traditions Insurance Company Nautilus Insurance Group Universal Insurance Company of North America Senior Health Insurance Company of PA Berkley Asset Protection Underwriters Columbia Mutual Insurance Co Union Mutual of Vermont Companies American Agricultural Insurance Company Beacon Mutual Insurance Company Texas Medical Liability Insurance Underwriting CV Starr Co. Grange Mutual Insurance Company Louisiana Medical Mutual Insurance Co ‐ LAMMICO Farmers Mutual Hail Ins Co of Iowa Ohio Bar Liability Insurance Company ICAT Houston Casualty Company ProAg Management Government Personnel The Travelers Companies, Inc. Oxford Life Insurance Co Guaranty Income Life Insurance Company Indiana Farm Bureau Insurance Companies Clements Worldwide Investors Heritage Life Insurance Company Georgia Farm Bureau Mutual Insurance Co Georgia Farm Bureau Mutual Insurance Co Citizens Property Insurance Corporation The MGIS Companies Celestite Holdings AXA Equitable Life The Republic Group Equitable Life & Casualty Insurance Company Texas Association of Counties DTRIC Insurance Company, Limited Cumberland Mutual Fire Insurance Company CV Starr Co. Catlin Specialty Insurance Co. Northern Neck Insurance Company The Gray Insurance Company Great American Insurance Mercury Insurance Group White Plains Baltimore Ogden Pinellas Park Scottsdale Sarasota Carmel New York Columbia Montpelier Schaumburg Warwick Austin New York Columbus Metairie West Des Moines Columbus Boulder Houston Maple Grove San Antonio Hartford Phoenix Baton Rouge Indianapolis Washington Frankfort Macon Tallahassee Salt Lake City Irving Charlotte Dallas Salt Lake City Austin Honolulu Mansfield New York Atlanta Irvington Metairie Cincinnati Santa Clarita NY MD UT FL AZ FL IN NY MO VT IL RI TX NY OH LA IA OH CO TX MN TX CT AZ LA IN DC KY GA FL UT TX NC TX UT TX HI OH NY GA VA LA OH CA CITO CFO COO, CITO CINVO, CFO CITO CINVO, CFO CINVO COO, CITO CITO CITO CINVO CITO CITO CITO CFO CINVO, CFO CFO CINVO, CFO CITO CITO CITO CFO CINVO CINVO, CFO CINVO, CFO CFO CITO CINVO CITO CFO CFO COO COO CINVO, CFO CINVO COO, CITO CFO CITO COO, CITO CITO CFO COO, CITO COO, CITO CINVO Nockels Dave Oklahoma Farm Bureau Mutual Insurance Co Oklahoma City OK CITO Noggle Novascone ONeill O'Rourke Ouellette Vincent Mike Darby Shawn Gary Franklin Mutual Insurance Co Federated Rural Electric Ins Exchange Princeton Insurance Company Amerisure Companies Union Mutual Fire Insurance Company Branchville Lenexa Princeton Farmington Hills Montpelier NJ KS NJ MI VT CINVO, CFO CINVO, CFO CITO CITO COO, CITO Last First Company City State Roundtable Overhulse Palmer Pearce Penrod Phelan Pierce Pintacuda Pinto Poirier Poladia Pollak Pomilia Ramey Rasmussen Reid Rhoades Riley Rivers Rizzo Robison Rodriguez Rogers Roth Rutledge Sanderford Scheffer Schlichting Schmidt Schmidt Scyphers Seale Seppel Jennifer Darren Aaron Deb Thomas Neal Jennifer John J Jeffrey Atul Matthew Joseph John Brad David Eric Karen Bryan Joseph Mark Dawson Tim Mark Timothy Mark Shelley Tom James Kirk Michael Kris Paul Verona Mesa West Des Moines Minneapolis Towson Bridgeton Sarasota Columbia Boca Raton Austin Columbus Park Ridge Anchorage Des Moines Toronto Middlebury Omaha Columbia Chicago Fort Wayne Abilene Hartford Salem Bel Air Marietta Brenham Omaha Mercer Island Columbia Glen Allen Abilene Indianapolis KY AZ IA MN MD NJ FL SC FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL CITO CITO CFO CITO CINVO, CFO CINVO, CFO CFO CITO CINVO, CFO CITO CINVO, CFO CINVO, CFO CITO CITO CITO CITO CINVO, CFO CFO COO, CFO COO, CFO CITO CFO COO, CITO CFO CFO CINVO CFO CINVO, CFO CFO CINVO, CITO CINVO, CFO CINVO, CFO Sersha Susan Sherman Shirk Sinco Singh Sison Skubal Sloan Smith Smith Smith Snyder Somogyi Sorenson Springberg Stoeckert Storer Stratton Jason Philip Russell Piyush David Tony Joseph Michael Peter Sara Lisa Ken Eric Mary Michael Ned Chris St Nick Media Services Mutual Insurance Company of Arizona Farmers Mutual Hail Ins Co of Iowa MMIC Insurance, Inc. Chesapeake Employers Insurance Company Cumberland Mutual Fire Insurance Company Gulfstream Property and Casualty Insurance Company Seibels Lumbermen's Underwriting Alliance Texas Municipal League Intergovernmental Risk State Automobile Mutual Insurance Company IASA International Office Alaska National Insurance Company Merchants Bonding Company (Mutual) Lawyers' Professional Indemnity Company Co‐operative Insurance Companies Preferred Professional Insurance Company Seibels Chicago Underwriting Group, Inc. Brotherhood Mutual Insurance Company Funeral Directors Life Insurance Company Travelers IASA International Office Harford Mutual Insurance Company HCC Life Insurance Co. Germania Farm Mutual Insurance Association Central States Indemnity Company of Omaha Farmers New World Life Insurance Company Cornerstone National Insurance Markel Corporation Funeral Directors Life Insurance Company Indiana Farmers Mutual Insurance Company Pennsylvania Professional Liability Joint Underwriting Association West Bend Mutual Insurance Company Goodville Mutual Casualty Company Alfa Insurance Group Great American Insurance Group Mitsui Sumitomo Insurance Group Wisconsin Mutual Insurance Company Mutual Benefit Insurance Company United National Casualty Insurance Co Alberta Motor Association Attorneys Liability Protection Society Alamance Farmers' Mutual Insurance Co. Madison Mutual Insurance Arches Mutual Insuance Company Allstate ProAssurance Companies Society Insurance Atlantic Casualty Insurance Company Plymouth Meeting FL CINVO, CFO West Bend New Holland Montgomery Cincinnati Warren Madison Huntingdon Jacksonville Edmonton Missoula Graham Edwardsville Salt Lake City Northbrook Birmingham Fond du Lac Goldsboro CFO CFO CFO CITO CITO CINVO, CFO CINVO, CFO CINVO, CFO CITO COO, CFO CINVO, CFO CITO CITO CITO CITO CFO CITO FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL Last First Company City Stuckal Swenson Tainsky Taylor Terelmes Thompson Thompson Thorp Tien Tosch Troester Underwood Valentine Vedder Voorhies Walker Walker Wann West West Westfield Wiebelhaus Wiedrick Wilson III Yassine Yenzer Yien Zieden‐Weber Ziemann Sam Andy Stuart Heather Michael Jane Reed Peter Steve Larissa Keith Joyce Aaron Frank Greg Bruce Roger Jeffrey Ann Don Steve Bill Jennifer Ralph F. Farouk Douglas Richard Kenneth Louise TowerGroup United Property & Casualty Insurance Co PURE Insurance Louisiana Medical Mutual Insurance Co ‐ LAMMICO White Mountains Solutions State Automobile Mutual Insurance Company USAble Life Dryden Mutual Insurance Co. Westfield Group Glatfelter Insurance Group EMC National Life Company Missouri Employers Mutual Insurance Co. Preferred Mutual Insurance Company BTS (WR Berkley Corp) Mutual Insurance Company of Arizona Nippon Life Insurance Company of America Cornerstone National Insurance Company Illinois Mutual Life Insurance Company IMT Insurance Co State National Insurance Company Inc Atlantic Casualty Insurance Company Pharmacists Mutual Insurance Company AAA Auto Club South Insurance Company Cumberland Mutual Fire Insurance Company Insurance Data Management Association Inc Catholic Relief Insurance Company of America Everest Reinsurance Company Xchange Benefits, LLC State Farm Insurance Companies Chishire Saint Petersburg White Plains Metairie Glastonbury Columbus Little Rock Dryden Westfield Center York Des Moines Columbia New Berlin Urbandale Scottsdale New York Columbia Peoria West Des Moines Bedford Goldsboro Algona Tampa Bridgeton Jersey City Bellevue Liberty Corner White Plains Bloomington FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL Roundtable CFO CITO COO, CITO CINVO, CFO CINVO, CFO CFO CINVO COO CITO COO CINVO, CFO COO COO, CFO CITO CINVO, CFO CFO COO CITO CITO COO CINVO, CFO CITO CINVO, CFO CINVO, CFO CITO CINVO, CFO CITO COO, CFO COO, CFO Sponsor Registrants as of May 14, 2014 AAM Insurance Investment Management www.aamcompany.com Marco Bravo Colin Dowdall John Olvany Neelm Pradhan Agile Technologies - www.agiletech.com Robert Buhrle Nick Coenen William Freitag John Johansen BKD, LLP - www.bkd.com Christie Clements Susan Kelley Tom Wheeland BMS Intermediaries, Inc. - www.bmsgroup.com Rom Braga John Faustman Kristine Westall Centric Consulting, LLC www.centricconsulting.com Chad Caldwell Clearwater Analytics LLC www.clearwater-analytics.com Eric Gwilliam Brian King Molly Petrowiak Dixon Hughes Goodman LLP - www.dhgllp.com Matt Church John Roberts Ernst & Young LLP - www.ey.com Liza Benner Laura Ford Michele Rodin Paul Sussex Exigen Insurance Solutions www.exigeninsurance.com Steve James Guy Carpenter & Company, LLC - www.guycarp.com Jessica Arbittier Dave Domino Lawrence Mitchell Robert Roehr Mitchell Dean IBM Software Group - www.ibm.com John Hale Craig Bedell Insurity - www.insurity.com Bruce Broussard Bob Larew Sylvester Mathis ISCS - www.iscs.com Conrad Garvey Phil Iaccarino Doug Moore Andy Scurto Tim Shelton Johnson Lambert LLP - www.johnsonlambert.com Gary Bowers Marcia Jerding James Murphy Tim Nowak Brandy Vannoy JP Morgan Asset Management - www.jpmorgan.com Greg Tell Vincent Kelly MajescoMastek - www.majescomastek.com Sal Abano Anil Chitale Pramod Desai Natasha Nauth Erik Stockwell Prime Advisors, Inc. - www.primeadvisors.com Frank Conde Eleanor Kam Lewis Leon Kate Pizzi SS&C Technologies - www.ssctech.com J. Timothy Reilly Bill Stone SunGard - www.sungard.com Dan Buttolph Kenneth Crease Daniel DeRosa John Vercellino Julie Wuertz The Nolan Company - www.renolan.com Mike Bondura Steven Callahan Steve Discher Gerald Shields Dennis Sullivan Rod Travers