Program
as of February 20, 2024
Sunday, February 25, 2024
4:00 PM – 6:30 PM
Registration
Sponsored by:
5:30 PM – 6:30 PM
Welcome Reception
Sponsored by:
Monday, February 26, 2024
7:00 AM – 5:00 PM
Registration
7:15 AM – 9:00 AM
Networking Breakfast
9:10 AM – 9:15 AM
Welcome and Opening Comments
Speaker:
Mariana Gomez-Vock, Senior Vice President, Policy Development, American Council of Life Insurers
9:15 AM - 9:30 AM
State of the Industry
ACLI President & CEO Susan Neely will offer her perspective on the societal challenges that we face today and how the life insurance industry can lead with certainty.
Speaker:
Susan Neely, President & Chief Executive Officer, American Council of Life Insurers
9:30 AM – 10:15 AM
General Session: Actuaries as CEOs- What it Takes to Get There and be Successful
CEOs in today’s environment need to navigate a host of challenging changes, including climate change, diversity and inclusion, remote working, a pandemic, low-for-long followed by rapid interest rate hikes. Learn how these CEOs, armed with distinct points of views because of their experiences, will tackle these challenges and other concerns that face the insurance industry.
Moderator:
Craig Reynolds, Principal & Consulting Actuary, Milliman
Speakers:
Tony Cheng, President & Chief Executive Officer, RGA Reinsurance Company
Ellen Cooper, Chairman, President & Chief Executive Officer, Lincoln Financial Group
Esfand Dinshaw, Chairman & Chief Executive Officer, Sammons Financial Group
10:15 AM –10:45 AM
Refreshment Break
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10:45 AM – 11:45 AM
General Session: US Reinsurers CEO Panel
Hear from a panel of Reinsurer CEOs as they discuss current topics affecting their companies and clients.
Moderator:
Pete Schaefer, President & Chief Executive Officer, Hannover Re
Speakers:
JC Brueckner, Chief Executive Officer, Americas, SCOR Global Life Americas
Marc-Andre Giguere, President & Chief Executive Officer, Munich Re, U.S. (Life & Health)
Neil Sprackling, Chief Executive Officer, Life & Health Re U.S., Swiss Re
12:00 PM – 2:00 PM
Networking Lunch
Sponsored by:
2:00 PM – 2:45 PM
General Session: Shifting Tides - Examining The Role of Cross Boarder Reinsurance in The Regulatory Framework
The life insurance industry is highly regulated for good reason. People invest large sums for long periods and must trust that their funds will be available at the appropriate time. However, stakeholders demand that invested capital be used wisely. Innovative structures and offshore reinsurance have helped reduce capital costs while maintaining security for policyholders. New regulations could have an effect on current structures. Hear from top regulators in Bermuda and the US to better understand how the regulations could lead to structural changes that impact life insurers and reinsurers.
Moderator
Jillian Froment, Executive Vice President & General Counsel, American Council of Life Insurers
Speakers
Andrew Mais, Commissioner, Connecticut Insurance Department & President, National Association of Insurance Commissioners (NAIC)
Craig Swan, Chief Executive Officer, Bermuda Monetary Authority (BMA)
2:45 PM – 3:15 PM
Refreshment Break
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3:15 - 4:00 PM
General Session: Keynote Speaker
Moderator:
Susan Neely, President & Chief Executive Officer, American Council of Life Insurers
Speaker:
Donna Brazile, Veteran Democratic Political Strategist, Adjunct Professor, Author
Sponsored by:
4:00 PM – 5:00 PM
Networking Reception
Sponsored by:
Tuesday, February 27, 2024
7:00 AM – 5:00 PM
Registration
7:15 AM – 9:00 AM
Networking Breakfast
Sponsored by:
9:00 AM – 9:30 AM
Day 2 Welcome and Remarks
Speaker:
Dale Hall, Managing Director of Research, Society of Actuaries
9:10 AM – 9:30 AM
Empowering the Future: Building a Professional Workforce in the Age of AI
Society of Actuaries CEO Greg Heidrich will explore AI’s transformative role in professional employment sectors. Discover the balance of risks and opportunities presented by AI and learn how the SOA is strategically equipping the actuarial profession – a critical insurance workforce – with the tools to thrive in this new era.
Speaker:
Greg Heidrich, Chief Executive Officer, Society of Actuaries
9:30 AM – 10:15 AM
General Session: Impact of Weather
Once thought of as a non-life insurance problem, climate change has now begun to affect the life insurance industry. Wildfires, flooding, storms and earthquakes have killed thousands of people worldwide in 2023 alone. These numbers will undoubtably grow in years to come. Stakeholders are also putting demands on how insurers invest trillions of assets, pressuring them to stop supporting carbon-friendly businesses. Learn about how the insurance industry is handling these pressures and what the future might hold.
Moderator:
Jeff Poulin, Chief Executive Officer, Canada Life Reinsurance
Speaker:
Karen Clark, Co-Founder, Karen Clark & Company
10:15 AM –10:45 AM
Refreshment Break
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10:45 AM – 11:45 AM
General Session: Convergence of Asset Management and Insurance
Since President Roosevelt signed the Glass-Stegall Act into law in 1933, banks and insurance companies needed to conduct business separately. In 1999, President Clinton repealed the Act allowing banks and insurers to interact. Currently, banks are taking a lot of interest in the huge assets that insurers have amassed. But it is not just an asset management "play" any longer. Some banks are actually embracing insurance risk. Learn how the insurance industry has adjusted to more involvement by banks and private equity firms into the world of insurance.
Moderator:
Philip Salem, Managing Director, Goldman Sachs
Speakers:
David Schieldrop, Managing Director, Wells Fargo Securities
Tom Vandever, Managing Director, Head of FIG M&A, Americas, Barclays
12:00 PM – 2:00 PM
Networking Lunch
Sponsored by:
2:00 PM – 2:45 PM
General Session: State of Insurtech/Sustainability of Innovation Insurance
Over the past 10 years, insurtech has helped foster and accelerate innovation around underwriting, claims, customer service/distribution, and management information. This has been fostered by Venture Capital, Private Equity, and Carriers/Reinsurers Strategic Investment arms. With over $15B invested in Insuretech, are we getting the results we expected - in terms of return, actual acceleration of innovation? Do we still see this as a viable option for helping to drive/support innovation? How has the past experience and challenges in implementing Insuretech partnerships change the buy versus partner paradigm? How well are we equipped to drive innovation without the insuretech seed?
Moderator:
Brian Winikoff, President & Chief Executive Officer, MIB
Speakers:
Chris Murumets, Senior Vice President, Strategic Growth, RGA Americss
Troy Thompson, Chief Actuary, Ethos
Ori Ben-Yishai, Partner, Viewpoint Ventures
2:45 PM – 3:15 PM
Refreshment Break
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3:15 PM – 4:00 PM
General Session: Generative AI- Pearls, Pitfalls, and Promise in Life Insurance
The use case for technologies based on generative AI and Large Language Models is marked in equal parts by opportunity and risk. The growing consensus, however, is that having no approach is no longer a viable option. True to its multi-disciplinary nature, we've assembled a panel of leading life industry, insurtech, and big tech executives who all share one commonality: they are actively leveraging these tools beyond the theoretical and into practice.
Moderator:
Amanda Hug, Director, Insurance Consulting & Technology, WTW; President- Elect, Society of Actuaries
Speakers:
Chris Behling, Vice President, Underwriting, Northwestern Mutual
Tony Jacob, Worldwide Financial Services Go-to-Market (GTM) Lead, Amazon Web Services (AWS)
Yuval Man, Chief Executive Officer, DigitalOwl
Don Vu, Senior Vice President, Chief Data & Analytics Officer, Strategic Capabilities, New York Life Insurance Company
4:00 PM – 5:00 PM
Networking Reception
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Reception entertainment sponsored by:
Wednesday, February 28, 2024
7:45 AM – 10:00 AM
Registration
8:00 AM – 9:00 AM
Networking Breakfast
Sponsored by:
9:00 AM – 10:00 AM
General Session: Reinsurance Mock Arbitration
Have you ever wondered what goes on behind the scenes at a reinsurance arbitration? Enjoy a front-row seat as you watch an arbitration unfold. You will hear arguments from two sets of attorneys as they arbitrate interesting fact patterns. A seasoned panel of three arbitrators will then deliberate right in front of you and render a final decision. We will then take a vote as to whether the audience agrees. Join us for an entertaining and insightful experience.
Counsel for the Cedent:
Beth Clark, Of Counsel, Steptoe & Johnson LLP
Michele Jacobson, Partner, Steptoe & Johnson LLP
Counsel for Reinsurer:
Kristina Matic, Partner, Foley & Lardner LLP
Andrew Meerkins, Senior Counsel, Foley & Lardner LLP
Arbitration Panel:
Ronnie Klein, Founder, Obtutus Advisory GmbH
Donald Solow, President, Vista Life & Casualty Reinsurance
Jeremy Starr, President, Jeremy Starr Consulting, LLC
Witness:
Mike Pado, Founder & President, Convergence Re LLC
