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NFI: 14th Annual Insurance Summit Speakers
Charles (Chuck) M. Chamness
President & CEO, National Association of Mutual Insurance Companies (NAMIC)
Chuck Chamness serves as president/chief executive officer of the National Association of Mutual Insurance Companies, a 1,400-member-company property/casualty insurance trade association. Members’ $230 billion in premiums account for 54 percent of homeowners, 43 percent of automobile, and 32 percent of the business insurance markets, serving more than 170 million auto, home, and business policyholders.
Chamness was named to his current position in 2003, joining NAMIC in 1995 as vice president of public affairs. He has helped position NAMIC as the largest U.S. property/casualty insurance trade association, focusing on leadership in advocacy, public policy, public affairs, and member services.
Over the last decade, NAMIC has experienced strong growth in membership with nearly 200 new member companies joining the association, revenue growth averaging 10 percent annually, and a member retention rate exceeding 99 percent. In this same time period, NAMIC PAC has increased five-fold to over $1 million in the 2016 election cycle, making it one of the nation’s fastest growing political action committees.
Chamness has testified before both House and Senate committees on topics ranging from the Dodd-Frank Act impact on insurance to the industry’s response to Hurricane Katrina. He worked for 10 years in Washington, D.C., serving in the first Bush administration as deputy assistant secretary for public affairs under HUD Secretary Jack Kemp as well as a press secretary on Capitol Hill and in other public- and private-sector positions.
NAMIC has been named a “Best Place to Work” (mid-sized company category) by the Indiana Chamber of Commerce each time it has entered, placing #2 in 2015.
Chamness serves as chairman of the board of NAMICO, a $55 million asset “A” rated professional liability insurance company owned by the association and its members. He is the immediate past chairman of the board of the St. Baldrick’s Foundation, an insurance-industry-founded organization that funds more in childhood cancer research grants than any organization except the U.S. government, with more than $80 million in research grants awarded during his three-year tenure as chair. He has served as a member of the board of the Insurance Institute for Highway Safety since 2004 and is a member of the U.S. Chamber of Commerce’s Association Committee of 100 and the Indiana University Foundation Board of Associates.
Chamness holds a B.A. from Indiana University, Bloomington, and lives in Indianapolis with his wife, Briget, and their four children.
Michael F. Consedine
Chief Executive Officer, National Association of Insurance Commissioners (NAIC)
Michael F. Consedine serves as the NAIC's Chief Executive Officer. As CEO, he principally focuses on strategic planning, policy development and implementation in the areas of state, federal and international affairs and relations. He advocates for NAIC members and represents their interests before federal and international policymakers, state government associations, and consumer and industry groups. Mr. Consedine is also responsible for management of the NAIC's Executive Office and staff.
Before joining the NAIC in January 2017, Mr. Consedine served as the Global Head of Government and Policy Affairs at Aegon, one of the world's largest financial services companies with operations in 20 countries serving more than 30 million customers. At Aegon he led government relations in Europe, the Americas and Asia. Concurrently, Mr. Consedine was Senior Vice President, Deputy General Counsel, and Executive Director of Government Affairs of Aegon's U.S. subsidiary, Transamerica. In this role, he oversaw all aspects of the company's state and federal government relations activities.
Mr. Consedine has spent his entire career in the insurance industry as an attorney, regulator, and executive. Most notably, he served as the Insurance Commissioner for the Commonwealth of Pennsylvania from 2011 to 2015. While Commissioner, he was elected by his peers to serve as an officer of the NAIC as Secretary-Treasurer, Vice President and President-Elect. He served on a number of NAIC committees focused on both international and domestic matters, including as Chair of the International Insurance Relations (G) Committee, the Reinsurance (E) Task Force and the Health Care Reform Alternatives Working Group. In November 2011, the U.S. Treasury Department named him as one of the first members of the Federal Advisory Committee on Insurance, which advises the Federal Insurance Office on domestic and international policy. Mr. Consedine was also the NAIC's representative to the EU–U.S. Insurance Dialogue Steering Committee and was active in the International Association of Insurance Supervisors (IAIS), where he served on their Executive Committee.
Earlier in his career, Mr. Consedine was a Partner at Saul Ewing LLP and was Vice-Chair of its Insurance Practice Group.
Counsel, American Council of Life Insurers (ACLI)
Jigar Gandhi is a Counsel at the American Council of Life Insurers where he handles issues related to cybersecurity, data analytics, and innovation. Prior to his current position, he was a Regulatory Affairs Counsel for the Financial Services Institute. Prior to that, he was a Regulatory Analyst for the Financial Industry Regulatory Authority (FINRA). Jigar received his J.D. from the American University, Washington College of Law and his B.A. from Binghamton University.
Mary A. Griffin
President & CEO, Life Insurance Council of New York (LICONY)
Mary A. (Ciaccio) Griffin is the President and Chief Executive Officer of the Life Insurance Council of New York (LICONY). She oversees the organization's operations and works directly with the LICONY Board of Directors to develop and guide the strategic mission of the organization. LICONY is the leading life insurance organization in New York, representing over 70 life insurer member companies and more than 20 allied professional firm members. Its mission is to create and maintain a legislative and regulatory environment in the State of New York that encourages the members of LICONY to conduct and grow their life insurance businesses.
Ms. Griffin joined LICONY in April 2016, and spearheaded the reorganization of the association, consolidating operations in Albany, reducing association expenses and providing LICONY members with their first ever dues reduction. Ms. Griffin takes an active role in leading LICONY’s advocacy efforts. Prior to joining LICONY, Ms. Griffin served as a Senior Vice President with Citigroup's government affairs department where she had responsibility for developing and managing Citi's legislative and regulatory strategy in New York in areas such as tax policy, mortgage lending and retail banking. Her insurance career includes working at the American Insurance Association (AIA) representing their interests before the state legislature, Department of Insurance and Workers Compensation Board. Ms. Griffin also has extensive legislative and regulatory experience having served at the New York Department of Insurance (forerunner to the current Department of Financial Services) in the administration of Governor Mario Cuomo, and as a program associate with the New York State Assembly.
Ms. Griffin has been consistently recognized for her accomplishments. During her tenure at the Insurance Department, she was named as an "Outstanding Woman in Government" for her significant contributions to NYS government and is a past recipient of an award from the Northeast Financial Services Association as their "Outstanding Government Affairs Representative" for her work on banking issues in New York.
A native of Rochester, NY, Ms. Griffin attended Newton College of the Sacred Heart and graduated from Boston College with a B.A. with honors in American History. Mary and her husband John reside in Menands, NY and have three adult children.
Executive Director, Insurance Coalition; Partner, Cypress Group
Bridget Hagan is a Partner at The Cypress Group, a lobbying and consulting firm in Washington, DC specializing in financial services. She is the head of the firm’s insurance practice, and leads a coalition of federally supervised insurance companies working together to ensure that federal regulation is tailored to the business of insurance. Prior to joining Cypress Group in November 2013, Bridget was head of Nationwide’s Washington, DC office of federal government relations. In that capacity, she guided all of the company’s federal legislative and regulatory advocacy efforts, and helped oversee the company’s efforts to implement the Dodd-Frank Wall Street Reform Act. Bridget sat on the management team of Nationwide’s Chief Financial Officer.
Before joining Nationwide in June 2002, Bridget was with the American Academy of Actuaries as a pension policy analyst. Prior to that, she worked as a legislative aide for Congressman Earl Pomeroy, who was a former state insurance commissioner. Bridget is a cum laude graduate of Harvard University, and holds a Bachelor’s degree in government. She is a magna cum laude graduate of Georgetown University Law Center and is licensed to practice law in Virginia and Washington, DC.
Originally from Alexandria, VA, Bridget is the second-youngest of 12 children, seven of whom were adopted. She is the mother of three girls.
Governor Dirk Kempthorne
President & CEO, American Council of Life Insurers (ACLI)
Dirk Kempthorne was appointed president and CEO of the American Council of Life Insurers (ACLI) in November 2010 after an impressive career in public service. As president and CEO of ACLI, Governor Kempthorne is the chief representative and spokesman for the life insurance industry before Congress, the administration, in all state capitals, and in the international arena. ACLI’s more than 300 legal reserve life insurer and fraternal benefit society member companies account for over 90 percent of the assets and premiums of the U.S life insurance and annuity industry. Governor Kempthorne's focus is on the important role life insurers play in providing financial and retirement security to many millions of American families. His efforts help shape public policies that make it easier for families to manage risk and ensure they have protection, long-term savings, and guaranteed income-for-life options in retirement.
He graduated from the University of Idaho in 1975 with a Bachelor of Arts degree in Political Science. Governor Kempthorne began his commitment to public service in 1985, when he was elected Mayor of the City of Boise, Idaho. After serving seven years as Mayor, he was elected to the United States Senate in 1993. With Idaho issues close to his heart, he left the Senate after one term and was elected Governor of Idaho in 1998, and was easily re-elected for a second term in 2002. While serving as Governor, Kempthorne made improving education, especially early childhood education, a priority. In 2006, Governor Kempthorne returned to Washington, D.C. to serve President George W. Bush as the 49th Secretary of the Interior, charged with resurrecting the Department’s tradition of responsible stewardship of public lands. In this role, Governor Kempthorne managed 20 percent of U.S. lands with an annual budget of $18 billion.
While in the U.S. Senate, he authored two strong bipartisan bills on state mandates and safe drinking water that were signed into law by President Bill Clinton and remain enacted today. Governor Kempthorne also understands the importance of international partners to U.S. prosperity, and has led numerous trade missions and delegations to key trading nations such as Japan, China, Korea, and Costa Rica
Governor Kempthorne also has served as chairman of the National Governors Association and the Western Governors Association, and president of the Council of State Governments. Governor Kempthorne and his wife, Patricia, also a University of Idaho graduate, have two children, Heather and Jeff, and four grandchildren.
J. Kevin A. McKechnie
Executive Director, HSA Council, American Bankers Association
J. Kevin A. McKechnie, Executive Director of the Health Savings Account (HSA) Council and the American Bankers Associations’ Office of Insurance Advocacy Health Savings Account (HSA) represents the HSA Council and ABA before Congress. He served as Legislative Director to former Congressman William Dannemeyer of California. He holds a BA in History and Political Science from York University in Toronto, Canada.
Julie Mix McPeak
President, National Association of Insurance Commissioners (NAIC) and Commissioner, Tennessee Department of Commerce & Insurance
Tennessee Insurance Commissioner Julie Mix McPeak became president of the National Association of Insurance Commissioners earlier this year. Ms. McPeak, who frequently testifies on Capitol Hill on behalf of the NAIC, was appointed by Tennessee Gov. Bill Haslam to lead the Tennessee Department of Commerce and Insurance in 2011. Her leadership as TDCI Commissioner garnered recognition from Business Insurance Magazine which honored her as one of the 2013 Women to Watch.
Before being named to lead the department, McPeak practiced as Counsel to the insurance practice group of law firm Burr & Forman LLP. She also served as the Executive Director of the Kentucky Office of Insurance (KOI). Before her appointment as Executive Director, she spent nine years as an attorney for KOI, the final five as general counsel. She also served as general counsel to the Kentucky Personnel Cabinet. She is the first woman to serve as chief insurance regulator in more than one state.
McPeak served as co-counsel for the Kentucky Association of Health Plans v. Miller, a case heard before the Supreme Court of the United States, regarding ERISA preemption and state “Any Willing Provider” statutes. McPeak is a frequent author and lecturer on insurance issues, having addressed members of the American Council of Life Insurers, the National Association of Mutual Insurance Companies, the National Alliance of Life Companies and the Million Dollar Roundtable. McPeak authored chapter 9: “Licensing of Insurers” for New Appleman on Insurance, Library Edition and co-authored the article, "The Future of State Insurance Regulation: Can it Survive?" featured in Risk and Management Insurance Review.
McPeak is a member of the Tennessee Bar Association, Kentucky Bar Association, and the Nashville Bar Association. She has been a member of the American Bar Association, Tort and Insurance Practice section, where she served as vice-chair of the Insurance Regulation Committee and a member of the Federal Involvement in Insurance Regulatory Modernization Task Force. McPeak has also served on the Board of Directors of NIPR.
McPeak received her J.D. from the University of Louisville, School of Law in 1994. She is a 1990 graduate of the University of Kentucky, where she received her B.B.A., With Distinction, in Marketing.
President, Reinsurance Association of America
Frank Nutter has been President of the Reinsurance Association of America since 1991. He held the same position from 1981-1984. In the interim, he was president of the Alliance of American Insurers and Property Loss Research Bureau, which have now merged as the Property Casualty Insurance Association of America (PCI). Mr. Nutter was the RAA’s General Counsel from 1978-1981.
Mr. Nutter currently serves on the Advisory Board of the Center for Health and Global Environment, an adjunct to the Harvard University School of Public Health; the Advisory Board of the OECD's International Network for the Financial Management of Large-Scale Disasters and the RAND Center on Catastrophic Risk Management and Compensation. He has recently served on the Council of the American Meteorological Society and the Board of the University Center for Atmospheric Research, a consortium of universities managing the National Center for Atmospheric Research sponsored by the National Science Foundation. He has served as a member of the Board of Directors of the Advocates for Highway and Auto Safety, the Insurance Institute for Highway Safety and the Worker's Compensation Research Institute, the Board of Overseers of the Institute for Civil Justice, a subsidiary of the RAND corporation, and on the Board of the Bermuda Institute for Ocean Sciences.
Mr. Nutter received a Juris Doctorate from the Georgetown University Law Center and a bachelor's degree in economics from the University of Cincinnati. Mr. Nutter was an officer in the U.S. Navy and is a Vietnam veteran. He is listed in Who’s Who in America and Insurance Broadcasting’s 2011 List of the 100 Most Powerful People in the Insurance Industry.
Steven E. Seitz
Deputy Director, Federal Insurance Office (FIO)
Steven E. Seitz is the Deputy Director for the Federal Insurance Office (FIO) in the U.S. Department of Treasury. FIO develops federal policy on prudential aspects of international insurance matters, including representing the United States at the International Association of Insurance Supervisors (IAIS). FIO is also a non-voting member of the Financial Stability Oversight Council (FSOC). Additionally, FIO serves as the source of insurance expertise in the federal government and administers the Terrorism Risk Insurance Program.
At the IAIS, Steven serves as a member of the Financial Stability and Technical Committee, the Vice Chair of the Systemic Risk Assessment Task Force, and the Chair of the Joint IAIS-Basel Committee Task Force on Systemically Important Banks and Insurers. Steven is also a member of the FSOC Deputies Committee.
Prior to joining FIO, Steven worked in Treasury’s Office of the Assistant General Counsel (Banking and Finance). Previously, Steven served as Counsel in the Office of the General Counsel at the Commodity Futures Trading Commission.
Steven holds a B.A. from Cornell University and a J.D. from The University of Chicago Law School.
David F. Snyder
Vice President, International Policy, Property Casualty Insurers Association of America (PCI)
David F. Snyder is Vice President, International Policy, for the Property Casualty Insurers Association of America (PCI) in which capacity he covers international and domestic insurance regulatory and trade issues. He represents PCI members before numerous international, federal and state legislative and regulatory bodies. Mr. Snyder graduated Magna Cum Laude from Dickinson College and earned his law degree from the George Washington University Law School. He is admitted to practice in three jurisdictions and is a Chartered Property and Casualty Underwriter.
Previously, Mr. Dave Snyder served as the vice president and associate general counsel of public policy for the American Insurance Association (AIA). His portfolio specialized in international trade, insurance regulatory issues, transportation insurance and legal reform. In addition to his leadership at AIA, Snyder worked for both Nationwide Insurance and State Farm Insurance Company. Prior to these positions, he served the Commonwealth of Pennsylvania in a number of legal and legislative roles.
His state and federal government experience includes appellate and civil litigation as well as administrative law. David is serving his sixth term as a Falls Church, Va. City Council Member, having served as mayor and vice mayor. He chairs the National Capital Region Emergency Preparedness Council and has chaired Washington, DC metropolitan region transportation and environmental boards. In 2010, he received the Washington Metropolitan Area's highest award for regional leadership, having chaired transportation and environmental bodies and served on the Emergency Preparedness Council.
Thomas R. Sullivan
Associate Director, Division of Supervision and Regulation, Board of Governors, Federal Reserve System
Thomas Sullivan is an Associate Director with the Federal Reserve, Board of Governors. Mr. Sullivan, an insurance industry regulatory veteran, leads the Federal Reserve on supervisory and regulatory matters presented by insurance firms within the responsibility of the Fed. The Fed is the consolidated regulator for roughly one-third of the U.S. Insurance Industry; the world’s largest insurance market.
Among his core responsibilities, Mr. Sullivan leads the insurance policy development activities of the Fed. Mr. Sullivan also represents the Fed at the International Association of Insurance Supervisors (IAIS) and manages the Federal Reserve’s participation in IAIS committees, working groups and projects. He is the Fed’s point of contact with senior officials from the National Association of Insurance Commissioners (NAIC), state insurance commissioners, the Federal Insurance Office, and foreign insurance supervisory authorities. Sullivan contributes to the Federal Reserve’s participation in the Financial Stability Board (FSB) when the FSB addresses issues related to insurance and briefs the Director, other Fed senior officers, and members of the Board, on matters of relevance in insurance regulation.
Mr. Sullivan was most recently a Partner in the financial services regulatory consulting practice at one of the world’s largest professional services firms.
Most notably, Mr. Sullivan served nearly four years as Connecticut’s 30th Insurance Commissioner beginning in 2007. As Commissioner, Sullivan, successfully guided his agency through the depths and challenges of the most recent financial crisis, a time of significant stress for some regulated financial institutions within his dominion. Commissioner Sullivan was also an active member of the NAIC, leading and serving on a number of committees including the Executive Committee, Government Relations Leadership Counsel, Life and Annuities Committee, Property Casualty Committees, and the Climate Change Task Force.
Mr. Sullivan has more than 25 years of experience in the insurance industry. He began his career at The Hartford, advancing through various positions of responsibility in management, leadership, and finally as an executive in the firm.
R. Christopher Whalen
Chairman, Whalen Global Advisors LLC
R. Christopher Whalen is an investment banker and author who lives in New York City. He is Chairman of Whalen Global Advisors LLC and works as a consultant and analyst focused on the financial services, mortgage finance and related technology companies.
Christopher edits The Institutional Risk Analyst and the Financial Technology Investor newsletter published by Agora Financial. From 2014 through 2017, Christopher was Senior Managing Director and Head of Research at Kroll Bond Rating Agency, where he was responsible for the firm’s Financial Institutions Group.
Over the past three decades, Chris has worked in Washington and on Wall Street, including organizations such as Bear, Stearns & Co., Prudential Securities, Tangent Capital Partners and the Federal Reserve Bank of New York. He was a co-founder and principal of Institutional Risk Analytics from 2003 through 2013, when the firm was acquired by Total Bank Solutions.
Christopher’s latest book is entitled Ford Men: From Inspiration to Enterprise, a study of Ford Motor Co and the Ford family that spans the history of 20th Century America, starting with the great inventor in the early 1900s and going through to the present day. Ford Men is published by Laissez Faire Books.
He is the author of the December 2010 book, Inflated: How Money and Debt Built the American Dream, published by John Wiley & Sons. In 2014 he co-authored with veteran attorney Frederick Feldkamp the 2014 book entitled Financial Stability: Fraud, Confidence & the Wealth of Nations.
Christopher is a member of the board of directors of the Global Interdependence Center (GIC) in Philadelphia. He previously served as a fellow of Networks Financial Institute at Indiana State University (2008-2014) and as a member of the Finance Department Advisory Council at the Villanova School of Business (2013-2016).
Christopher is a member of the Economic Advisory Committee of the Financial Industry Regulatory Authority (FINRA). He is a member of Professional Risk Managers International Association (www.prmia.org) and was regional director of PRMIA’s Washington DC chapter (2006-2010).
Christopher contributes to Zero Hedge, American Banker, Housing Wire and The National Interest. He has testified before Congress, the Securities and Exchange Commission and Federal Deposit Insurance Corporation on a range of financial, economic and political issues. He appears regularly in such media outlets as CNBC, Bloomberg, Fox News and Business News Network.
Networks Scholar at Scott College of Business, Indiana State University
Monica Griesemer is a senior Networks Scholar at Indiana State University from Shelbyville, Illinois. She will graduate with Bachelor of Science in marketing this May. Within the Networks Professional Development Program, she has taken on a number of roles including Scholarship Recruitment Coordinator, Special Events Programmer for the 12th Annual Ethics Conference, and Chair of the Student Advisory Council. Griesemer states that the Networks Professional Development Program has been especially impactful by giving her the chance to learn by experience and helping her grow confidence as a business professional.
On campus, Griesemer is involved in Alpha Kappa Psi Professional Business Fraternity, The Indiana State University Vocal Chorale, is a member of the Federal Hall Art Committee, and a part of the Honors College. Her favorite moments at Indiana State University include singing the Alma Mater with her choir at the Dedication of Normal Hall Gala and studying abroad with two fellow Networks Scholars in Prague, Czech Republic. She has recently accepted a job at Citrix in Fort Lauderdale, Florida and looks forward to stepping into a Product Marketing role.
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