conference 2019

Penn State Great Valley Conference Center

Dec. 4-5
8:00 a.m. - 4:00 p.m.

PICPA Member: $579  -  Nonmember: $679

2019 Insurance Conference Hot Topics

Additional Registration Options:

JMalvern: Wednesday Only | Thursday Only

JWebcast: Wednesday Only | Thursday Only

“Attending this conference is helpful in keeping up to date with topics that are pertinent to the insurance industry. As an auditor, it is always helpful to know the newest trend and what changes are expected in the future.”

Jan Giannetto, CIA, CFE
United Health Services Inc.

2019 Agenda

Wednesday, Dec. 4

General Credits: 2-A&A; 1-Ethics; 5-Other
Single Day Fees: PICPA: $329; Nonmember: $429
Register for Dec. 4 only: Malvern | Webcast

7:15 a.m.
Breakfast and Check-in
7:45 a.m.
Greetings from PICPA Leadership
8:00 a.m.
Corporate Governance Annual Disclosure
  • Defining the Corporate Governance Annual Disclosure (CGAD) and how it fits into the regulatory framework
  • Determining who the new CGAD regulations apply to, and how to determine if, and how, you are affected
  • Logistics involved in how your organization will comply with the CGAD regulations, including when they are due and who they are due to
  • Mapping the process for how the disclosures are used and who reviews them


Kimberly A. Rankin
Director, Company Licensing & Financial Analysis
Pennsylvania Insurance Department, Office of Corporate and Financial Regulation
8:50 a.m.
Panel Discussion - Emerging Trends in the Insurance Industry 
  • Impact of sensors and wearables to prevent workplace injuries; the exploding cannabis industry; electronic logging devices for commercial truckers; robotic process automation; hyperlocal weather and climate; telematics; and more
  • How an industry that has been in existence since at least the 1700s in the U.S. and England is being impacted by modern issues
  • Liability exposures and perils that did not exist until recently

Panel Moderator:

Skowronski. Steve
Steven Skowronski, CPA, MBA
KSRS Consulting LLC


Bernie G. Heinz, JD
President and CEO
Accolade Management Services LLC
Stewart, William
William F. Stewart, JD
Attorney at Law and Partner
Stewart Smith

Brian C. Harris, JD
Attorney at Law and Partner
Law Offices of Braff Harris Sukoneck & Maloof
9:40 a.m.
Take a Breather
9:55 a.m.
GAAP Update
  • U.S. GAAP hot topics, updates and insights, including industry specific guidance
  • Changes to long-term insurance contracts, leases, and CECL
  • Practical applications of applying the standards
  • Potential implementation challenges, considerations, and best practices


Jon Warren, CPA
Senior Manager
Lauren Castillo
Peek, Brian - KPMG
Brian Peek
Senior Associate
Reilly, Nicole
Nicole Reilly, CPA
Senior Manager
11:35 a.m.
12:25 p.m.
Emerging Trends in Health Insurance - Read Preview >
  • How is the government using data in fraud cases?
  • Is the Affordable Care Act still relevant in 2019?
  • Payment system transformations
  • Evolution of telemedicine from the insurance perspective
  • Emerging issues with blockchain and health care


Joanne Judge
Joanne M. Judge, CPA, JD
Co-Chair of Health Law Department
Stevens & Lee PC
1:15 p.m.
Fraud Investigation: The CPA's Role in the Legal Process

Fraud investigation, a top down overview of what to look for, best practices in investigation and prevention, and the varying roles of accountants in the legal process.

  • How to spot red flags and what should you do when you see one
  • When and how should fraud be referred to law enforcement, determining jurisdiction, and what are the statutory and ethical duties of the referrer
  • Determining when the threat of criminal prosecution is permissible and ethical
  • What is the CPA's role in spotting malfeasance, testifying at trial, and working with attorneys?


Vincent F. Reilly, JD
Esquire and Managing Partner
Reilly McDevitt & Henrich PC
2:05 p.m.
Snacks and Chats
2:20 p.m.
Captives: An Update and Regulatory Framework
  • Captive requirements, procedures and best practices
  • How the Tax Cuts and Jobs Act impacts domestic and international captives


John F. Forni, CPA, MBA
Managing Director, National Insurance Practice Leader
Grant Thornton LLP
3:10 p.m.
Cybersecurity – Trends, Threats, and Regulatory Update

Overview of cyberthreat actors, recent cyber events, and how to build a better cyberdefense strategy. Additionally, we will provide an update on current and evolving cyber regulations.

  • The current state of cybersecurity and associated challenges
  • The various types of cyberthreats in the financial services industry
  • Summary of recent cyberevents and insider threats
  • The available options to manage threats and focus efforts


Pearce, John
John Pearce
Principal – Cyber Risk Advisory Services
Grant Thornton LLP
4:00 p.m.
Happy Hour
5:00 p.m.
See You Tomorrow

Thursday, Dec. 5

General Credits: 2-A&A; 2-Tax; 1-Ethics; 3-Other
Single Day Fees: PICPA: $329; Nonmember: $429
Register for Dec. 5 only: Malvern | Webcast

7:30 a.m.
Breakfast and Check-in
8:00 a.m.
InsurTech and the Role of Data and Analytics
  • The new paradigm that exists due to technological shifts
  • The pace at which the landscape is changing and how that pace affected other companies
  • Similarities to your own clients and companies


Michael E. Angelina, ACAS, MAAA, CERA
Executive Director, Maguire Academy of Insurance and Risk Management
Erivan K. Haub School of Business, Saint Joseph's University
8:50 a.m.
Statutory Accounting and Reporting
  • Highlight of the actions taken by the NAIC in 2019 on key initiatives including the US-EU covered agreement on reinsurance collateral, the new variable annuity framework, the group capital calculation, and the NAIC's annuity suitability model regulation.
  • Current updates to statutory accounting and reporting guidance
  • Regulatory capital developments
  • Implications of NAIC initiatives


J.D. Stadler
Senior Manager, FSO Assurance Services
9:40 a.m.
Take a Breather
9:55 a.m.
Ethical Challenges and Solutions
  • The impact of changes in technology on attest engagements
  • Navigating the risks associated with new technology adoption
  • The boundaries associated with data privacy


Allison M. Henry, CPA
Vice President, Professional & Technical Standards
Pennsylvania Institute of CPAs
10:45 a.m.
How Insurance Accounting Professionals Can Leverage Emerging Technology

How organizations can, and do, effectively use robotic process automation (RPA) to drive efficiencies, cut costs, and improve accuracy and detail in reporting and internal control.

  • Emerging technology and digital transformation landscape, including key products and solutions such as RPA
  • Opportunities and how technology is transforming the insurance industry's operational and governance areas
  • Month-end close processes that can be automated
  • Leveraging RPA to transform and streamline finance processes
  • Case study and demonstration of an RPA use case


Ravi, Jerry
Jerry Ravi, CPA, CISA
Partner, Firmwide Leader - Process Risk and Technology Solutions
EisnerAmper LLP
Greg Fritsky, MBA
Director, Digital Solutions & Intelligent Automation
EisnerAmper LLP

Steve Palomino
Senior Manager, Digital Solutions & Intelligent Automation
EisnerAmper LLP
11:35 a.m.
12:25 p.m.
Buckle Up: Welcome to the World of Insurance Tax
  • Inside story on recent tax policy changes
  • Overview of key insights and areas that tax reform may be impacting your business
  • Recent developments in tax law and income taxes that may affect life and property and casualty insurance companies
  • Insight into the significant changes the insurance sector is preparing themselves for in the years to come


John J. Peel, CPA
2:05 p.m.
Snacks and Chats
2:20 p.m.
SOC 2 and Data Security, Trust Between Companies, and Insights - Listen to Preview >

Security preparedness is required within and across companies. "Trust but verify" is necessary across the company and among third parties. The exponential grow in the trusted, independent security reporting through SOC 2 (and SOC for Cybersecurity) is critical for success. Hear the latest trends and insights.

  • Real-life insights on the latest SOC 2 (security) and SOC for Cyber Risk Management
  • How to apply these reports and frameworks for your company third-party reliance
  • How to develop new and expanded annuity services in your firm


Sowalsky, Rich
Richard J. Sowalsky, CISA
Senior Manager
Baker Tilly Virchow Krause LLP
3:10 p.m.
2020 Economic and Capital Markets Outlook
  • How long the current economic expansion will last?
  • Does the bull market in equities have more legs?
  • How long will interest rates remain ultra low?
  • Trends and opportunities in the new year


Smith, Henry
Henry B. Smith
Director, Co-Chief Investment Officer
The Haverford Trust Company
4:00 p.m.
See You Next Year


CPE Credits: 16

Day 1: 2-A&A; 1-Ethics; 5-Other
Day 2: 2-A&A; 2-Tax; 1-Ethics; 3-Other

CLE Credits and Fees: This course has been submitted for 13-Substantive CLE credits. Attorneys requesting CLE credits must include an additional $100.


Penn State Great Valley
Conference Center Building
30 E. Swedesford Rd.
Malvern, PA 19355
(610) 648-3200

Staying over?
Please contact the Desmond Malvern a DoubleTree by Hilton at (610) 296-9800 and identify yourself as a PICPA conference participant to receive the discounted rate: $179 single/double.