Insurance

2021 conference

PICPA Member: $549
Nonmember: $649

Dec. 2 - Dec. 3
Malvern or Webcast

CPE Credits:
16-Mixed

 




The PICPA Insurance Conference is ideal for all CPAs with insurance clients and financial professionals working in the insurance industry.

Take advantage of the enhanced networking opportunity and get an update on the recent and emerging insurance trends and issues.

Single-Day Options

Thursday Only
In-Person | Webcast

Friday Only
In-Person | Webcast



A Look Back at the 2020 Agenda

Thursday, Dec. 3

7:45 a.m.
 
Greetings from PICPA Leadership
8:00 a.m.
 
1-Other
Update on Pennsylvania Insurance Industry Trends
  • The Pennsylvania Insurance Department’s response to the COVID-19 pandemic
  • New legislation related to guaranty funds and credit for reinsurance
  • Insurance innovation and the role of the PID
  • Diversity in insurance
Humphreys, Michael
Michael Humphreys 
Chief of Staff
Pennsylvania Insurance Department
8:50 a.m.
 
1-Other
Health Insurance in 2020
  • The Affordable Care Act and what's new in 2020
  • Value-based payment systems
  • Telemedicine
Raphaely
R. Christopher Raphaely, JD
Chair, Health Law
Cozen O'Connor
9:40 a.m.
 
Break
9:55 a.m.
 
1-Other
Crisis Preparedness and Lessons Learned
  • Crisis management communication with executives
  • Communicating with the public about the crisis
  • Bringing the crisis claim to closure

Speakers

Jason Rogers
Jason Rogers
Senior Vice President
Gallagher Affinity
williams_kahlil
Kahlil Williams
Associate
Ballard Spahr LLP

Brian Courtney
Brian Courtney, RPLU, AAI
Vice President
The Safegard Group Inc.
Rebecca Devine
Rebecca Devine
Co-founder and Principal
Maven Communications

Moderator

kohm
Frederick J. Kohm Jr., CPA 
Partner, Forensic Advisory Services
Grant Thornton LLP
10:45 a.m.
 
1-Ethics
Business Ethics and Corporate Governance: A Double-Edged Sword
  • What can happen when corporate governance fails and powerful individuals are permitted to act in self-interest
  • How corporate governance has changed over the past 30 years
  • The costs and benefits of governance reform
  • How we shape behavior besides what is written in the corporate charter
swift
Tim Swift, PhD
Professor, Director of the Pedro Arrupe S.J. Center for Business Ethics
St. Joseph's University
11:35 a.m.
 
Lunch
12:25 p.m.
 
2-A&A
U.S. GAAP Update
  • Long duration insurance contracts
  • Change in international insurance accounting standards
  • Noninsurance GAAP updates
  • CECL and leases – relevance for larger vs. smaller companies
Michael Ernst
Michael A. Ernst, CPA
Partner, Audit
KPMG LLP
Dayton
Paul C. R. Dayton, CPA
Senior Manager, Audit
KPMG LLP
sofian
Pixi C. Sofian, CPA
Director, Accounting Advisory Services
KPMG LLP
lammons
Michael W. Lammons
Partner, Accounting Advisory Services
KPMG LLP
klinger
Patrick A. Klinger, CPA
Manager, Audit
KPMG LLP
crossett
J. Eric Crossett, CPA
Senior Manager, Audit
KPMG LLP
cpamember
Brian J. Ferentz
Senior Manager, Audit
KPMG LLP
gray-laura
Laura S. Gray
Principal, Actuarial Advisory
KPMG LLP
2:05 p.m.
 
Break
2:20 p.m.
 
1-A&A
The Anti-Fraud Playbook
  • Providing the five-phased approach to building an anti-fraud program
  • Case studies that share experiences in insurance and reinsurance
kohm
Frederick J. Kohm Jr., CPA
Partner, Forensic Advisory Services
Grant Thornton LLP
bohrer
Mary Bohrer
Forensic Advisory Senior Associate
Grant Thornton LLP
3:10 p.m.
 
1-Other
Cyber Insurance Coverage
  • Underwriting, adjusting cyber claims
  • How do we run our business with the potential of ransomware?
oddy
Simon P. Oddy, FCA, CFE, MCIArb
Partner
Baker Tilly
regan
Bernard Regan, MSc, MBCS
Principal
Baker Tilly
4:00 p.m.
 
See you tomorrow!

Friday, Dec. 4

8:00 a.m.
 
1-Other
Transformation of Finance Function
  • System implementations
  • Clients updating to cloud, transferring of information
  • Converting from legacy systems, agile project management
Jonathan-Stromberger
Jonathan Stomberger, CCM
Principal
MAZARS USA LLP
rowe
John Rowe, CPA, CIA
Director
MAZARS USA LLP
cpamember
Michael Flagiello
CFO of Global Operations and IT
Chubb
8:50 a.m.
 
1-Other
Industry Consolidation

Description Coming Soon

Cristiano_John
John Cristiano
Partner
Grant Thornton LLP
greg-nelson
Gregory Nelson
Managing Director
Tag Financial Institutions Group LLC
9:40 a.m.
 
Break
9:55 a.m.
 
1-A&A
Statutory Accounting Update
  • Highlight of the actions taken by the NAIC in 2020 including the temporary relief from certain statutory accounting, reporting, and risk-based capital requirements for 2020 provided in response to the COVID-19 pandemic; the use of expanded bond designations in each of the risk-based capital formulas for 2020 year-end reporting; and the formation of a special committee to engage with stakeholders on issues related to race, diversity and inclusion in the insurance sector
  • Current updates to statutory accounting and reporting guidance
  • Regulatory capital developments
  • Implications of NAIC initiatives
Stadler
J.D. Stadler
Senior Manager
EY LLP
10:45 a.m.
 
1-A&A
Innovating the Audit
  • How innovation will change how CPAs do their work
  • Working with data you receive from clients now
  • Capabilies needed of auditors in the future
  • Getting started with Excel
lanza
Rich Lanza
Managing Director, Audit Innovation
Grant Thornton LLP
11:35 a.m.
 
Lunch
12:25 p.m.
 
2-Tax
Update on Insurance Taxation
  • Overview of key insights around the recent elections and how potential tax policy changes may impact your business
  • A tax legislative update including a discussion of recent developments in tax law and accounting for income taxes that may be changing the landscape of life and property and casualty insurance companies
  • Insight into the significant changes the insurance sector is preparing themselves for in the years to come

Moderator

John Peel
John J. Peel, CPA
Partner
PwC

Panel

Andrew Prior
M. Andrew Prior
Managing Director
PwC
Tim Peacock
Timothy Peacock, CPA
Partner
PwC

Raheem Speivy
Raheem Spivey, CPA
PwC
cpamember
Jennifer M. Crothers
VP, Corporate Tax
Radian Group Inc.
2:05 p.m.
 
Break
2:20 p.m.
 
1-Other
Industry Trends
  • What's new in fall 2020
  • Reinsurance
  • An actuarial update
Chris Nyce
Christopher Nyce
Principal
KPMG LLP
sterling
Ian Sterling, FCAS, MAAA
Managing Director
KPMG LLP
3:10 p.m.
 
1-Other
Economic Update

Description TBD

Hank Smith
Henry B. Smith
Director, Co-Chief Investment Officer
The Haverford Trust Company
4:00 p.m.
 
See you next year!
"This conference enhances my professional performance and success by keeping me up-to-date on insurance and accounting hot topics that I might not learn about elsewhere."

Suzanne Hathaway, CPA
Erie Insurance Group

 


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