PICPA Insurance & Financial Institutions Conference
 

Insurance & Financial Institutions

2022 Conference

CPE Credits: 16-Mixed**

Dec. 1-2, 2022

The Alloy King of Prussia or Webcast



Banks and financial institutions emerged from the pandemic stronger than anticipated. Yet, the crisis simply pressed fast-forward on consumer behaviors and underscored the urgency of digital transformation. Today, financial institutions must implement that change while contending with a number of significant macroeconomic headwinds, from inflation and the evolving regulatory environment to ESG and the rise of digital currencies.


Come together with insurance and financial institutions experts to discuss key issues and opportunities and discover the new sectors on the rise. Receive insurance and banking industry updates on regulations, tax, accounting and auditing, and more so you are the best equipped to serve clients in these industries.


Register for single day:
Dec. 1 Only:
 In Person | Webcast 
Dec. 2 Only: In Person | Webcast 


Thank You to Our 2022 Sponsorgallagheraffinity

Sponsor this conference! View packages for more details.

 


** This conference was designed to give attendees more networking opportunities throughout the day. As such, 14 CPE credits will be offered live during the conference and two (2) CPE credits will be available virtually post-conference (16 CPE credits total). Once you register for the conference, you can access a promo code in the course materials section of your account to register for one of the following courses of your choosing:

Artificial Intelligence for Accountants Webinar
Dec. 5 | 1:30 - 3:30 p.m. 

Blockchain Technology: What Every CPA Should Know Webinar
Dec. 21 | 1:30 - 3:30 p.m. 

How Technology Is Impacting the Accounting Profession Webinar 
Dec. 22 | 11:00 a.m. - 1:00 p.m.
 
Key Cybersecurity Controls for CPAs Webinar
Dec. 28 | 1:00 - 3:00 p.m. 

2022 Agenda

Thursday, Dec. 1

7:15 a.m.
Breakfast & Check-in

7:50 a.m.
Conference Opens

8:00 a.m.

Reporting on ESG  1-A&A

  • Environmental, social, and governance (ESG) disclosures that have been made and will be made, and the form of assurance organizations are seeking
  • What's the same and what's difference about ESG fraud risk management and investigating ESG issues
  • ESG fraud risk considerations for insurance and financial institutions
  • Planning ahead for ESG fraud risk management expectations in the marketplace
Hanson, Chris (1)

Chris Hanson, CIRA
Director
Grant Thornton LLP

Jackson, Ashley (1)

Ashley Jackson, JD
Experienced Manager, Risk
Grant Thornton LLP

Mosher, Dan (1)

Dan Mosher
Director, Risk
Grant Thornton LLP


8:50 a.m.

Digital Assets, Blockchain, BaaS: What's Important to Know Now? 1-Other

  • Banks and digital assets
  • Blockchain developments - Moving beyond the hype
  • Banking as a service - Something to consider?
Brewer, Bill

William S. Brewer, CPA
Partner
Crowe LLP

Engle, Ryan
Ryan Engle, CPA, CBP
Senior Audit Manager
Crowe LLP

9:40 a.m.
Morning Break

9:55 a.m.

Where Is Your Talent Coming From?  1-Other

  • With data still demonstrating that the skilled talent pool for our industry (and others) is still unable to keep up with demand, how can we work together as employers to ensure we build a robust future talent pool? Especially when that accelerated demand causes employers to all “chase” after the same (ever-reducing) supply?
Angelina, Mike UNCONFIRMED

Michael E. Angelina, ACAS, MAAA, CERA
Executive in Residence
Maguire Academy of Insurance and Risk Management
Saint Joseph's University

Wise, Jackie

Jacqueline Volkman Wise, PhD
Associate Professor of Finance
Maguire Academy of Insurance and Risk Management

Swanick, John UNCONFIRMED

John Swanick, CPA, MBA, FLMI
Partner
Grant Thornton LLP

Miller, Megan

Megan Miller, MBA
Executive Director
Spencer Educational Foundation

Daley, Natalie

Natalie Daley
Student
Saint Joseph's University


10:45 a.m.

Creating an Ethical Culture 1-Ethics

  • Recent cases of ethical failures and the root causes of corporate failures, personal accountability, the expectations within the Code of Professional Conduct, and how to establish an ethical corporate culture
Henry, Allison

Allison Henry, CPA, CGMA
Vice President, Professional & Technical Standards
PICPA


11:35 a.m.

Lunch

  • Guests can foster business development opportunities and connect with fellow attendees

12:55 p.m.
CONCURRENT SESSION #1 
Insurance Track

Pennsylvania Insurance Department Update  1-Other

  • Staffing and legislative updates
  • Health insurance for 2023: Rates, network adequacy, and reinsurance
  • NextGen Insurance Academy
Greiner, Melissa
Melissa Greiner
Deputy Insurance Commissioner
Pennsylvania Insurance Department
Buono, David
David Buono
Deputy Insurance Commissioner of Market Regulation
Pennsylvania Insurance Department
Logue, Shannen
Shannen M. Logue
Deputy Insurance Commissioner
Pennsylvania Insurance Department
Financial Institutions Track

Banking Industry Update  1-Other

  • Banking is challenging. Is your bank changing too?
  • Changes happening in banking now and how your institution can adapt to those changes.
Marsico, Jeff
Jeffrey P. Marsico
President
The Kafafian Group

1:50 p.m.
CONCURRENT SESSION #2
Insurance Track

Insurance Taxation Update, Part 1 1-Tax

  • Recent tax trends and legislation
  • Tax law and accounting for income tax developments affecting life and property and casualty insurance professionals
  • Current tax policy
Prior, Andrew

M. Andrew Prior
Managing Director
PwC

Peacock, Timothy
Timothy Peacock, CPA
Partner
PwC
RaheemSpivey

Raheem Spivey, CPA
Managing Tax Director
PwC

Crothers, Jennifer
Jennifer M. Crothers
Vice President, Corporate Tax
Radian Group Inc.
Financial Institutions Track

Regulatory Update 1-A&A

  • Receive an overview of recent exam trends, discussion on the top three community banking risks, and regulatory capital considerations
  • Discuss rising interest rate considerations and emerging risks related to cryptocurrency
pelagatti, barry

Moderator:
Barry Pelagatti, CPA
Partner
RKL

Bowman, Eric

Eric Bowman
Supervisory Examiner
Federal Deposit Insurance Corporation

cpamember

Mary Rutkowski
Examination Officer
Pennsylvania Department of Banking


2:40 p.m.
Afternoon Break

2:55 p.m.
CONCURRENT SESSION #3
Insurance Track

Insurance Taxation Update, Part 2 1-Tax

  • Long-duration insurance contracts 
  • General GAAP updates
  • SEC and PCAOB updates, including rulemaking on ESG-related disclosures
Prior, Andrew

M. Andrew Prior
Managing Director
PwC

Peacock, Timothy

Timothy Peacock, CPA
Partner
PwC

RaheemSpivey

Raheem Spivey, CPA
Managing Tax Director
PwC

Crothers, Jennifer

Jennifer M. Crothers
Vice President, Corporate Tax
Radian Group Inc.

Financial Institutions Track

Current Expected Credit Losses (CECL) Update 1-A&A

  • Get additional insight into accounting requirements related to the adoption of CECL
  • Discussion on technical accounting and financial statement disclosure requirements as well as observations as to how others have adopted and some lessons learned from the process
Colenzo, Chris

Chris Colenzo
Director, Technical Accounting Consulting
RSM US LLP


3:45 p.m.

Happy Hour

  • In-person guests can enjoy drinks and connecting with fellow attendees.

5:00 p.m.

See You Tomorrow!


Friday, Dec. 2

7:15 a.m.
Breakfast & Check-in

7:50 a.m.
Second Day of Conference Opens

8:00 a.m.

Mergers & Acquisitions Update 1-Other

  • Get an update on M&A activity in the insurance space
  • Review activity levels and transaction pricing
  • Discuss factors driving some of the transaction activity
  • Share some guidance on strategies for successful transactions
Latini, Tony

Anthony A. Latini Jr., CFA
Managing Director
Boenning & Scattergood


8:50 a.m.

The Economic & Capital Markets Outlook for 2023 1-Other

  • Federal and fiscal policy updates
  • The outlook for corporate earnings, inflation, GDP forecast, and equity and fixed income returns
Smith, Hank

Henry B. Smith
Director, Co-Chief Investment Officer
The Haverford Trust Company


9:40 a.m.
Morning Break

9:55 a.m.

GAAP Update 1-A&A

  • U.S. GAAP update on new pronouncements and details covering current long-duration targeted improvements updates
Crossett, J. Eric

Eric Crossett, CPA
Audit Senior Manager
KPMG LLP

Sofian, Pixi

Pixi Sofian, CPA
Director
KPMG LLP

Klinger, Patrick

Patrick Klinger, CPA
Manager
KPMG LLP


10:50 a.m.
CONCURRENT SESSION #4
Insurance Track

Statutory Accounting Update 1-A&A

  • Understand new and revised statutory accounting guidance
  • Review changes to the annual and quarterly statements blanks
  • Monitor currently exposed statutory accounting guidance
Clippinger, Jeff
Jeffery Clippinger
Senior Manager
Brown Schultz Sheridan & Fritz (BSSF), CPAs
Financial Institutions Track

In Case You Missed It ... Consumer Compliance Observations and the Impact on Your Institution 1-Other

  • Refresh, reform, and reevaluate your overdraft program to stay ahead of regulatory scrutiny
  • Use your compliance management program as a line of defense
  • Take a data-driven approach to assess fair lending risk
Ramsey, Austin
Austin Ramsey, CPA, CRCM
Audit Managing Director
Elliot Davis
Ledbetter, Brody
Brody Ledbetter, CPA, CISA
Manager
Elliot Davis

11:40 a.m.

Lunch

  • Guests can foster business development opportunities and connect with fellow attendees

12:40 p.m.
CONCURRENT SESSION #5
Insurance Track

Future of the Industry 1-Other

  • Customer experience, usage-based insurance, telematics, blockchain, bending the cost curve
MicrosoftTeams-image (16)
Phil Schmoyer, CFE, CISA, AES, CSM
Principal, Digital Practice
Baker Tilly
Driscoll, Greg
Greg Driscoll
Chief Operating Officer
Penn Mutual Life Insurance Company
Herman
Michael Herman
Principal
Baker Tilly Digital
Financial Institutions Track

Tax Update 1-Tax

  • New corporate alternative minimum tax and stock buyback tax
  • Other tax changes in 2022
  • 2022/2023 Pennsylvania budget tax changes
  • Hot button issues
Marston, Chuck
Charles E. Marston, CPA
President and Director, Tax Group
S.R. Snodgrass PC

1:35 p.m.
CONCURRENT SESSION #6
Insurance Track

Digital Strategy, Part 1 1-Other

  • Explore core challenges in insurance, trends within innovation, and where to start
  • Understand the various “could do” items, and how to prioritize what you “should do”
  • Introduce a framework for rapid innovation within the insurance industry and how to operationalize innovation
MicrosoftTeams-image (16)
Phil Schmoyer, CFE, CISA, AES, CSM
Principal, Digital Practice
Baker Tilly
Herman
Michael Herman
Principal
Baker Tilly Digital
Financial Institutions Track

Managing Interest Rate Risk in the Midst of Volatility 1-Other

  • Inflation, interest rate hikes, and global turmoil have created a level of uncertainty on par with 1982
  • Interest rate swaps remain an essential tool to protect margins
  • Examples of how hedging tools are being deployed by both lenders and borrowers in search of predictability and control
Newman, Bob jpg
Bob Newman, CFA
Managing Director, Financial Institutions
Chatham Financial

2:25 p.m.
Afternoon Break 

2:40 p.m.
CONCURRENT SESSION #7
Insurance Track

Digital Strategy, Part 2 1-Other

  • Explore some industry case studies/examples of digital transformation in the insurance industry
  • Understand core pain points for these use cases, how the challenge was approached, the solution, and the value gained by the insurer
MicrosoftTeams-image (16)
Phil Schmoyer, CFE, CISA, AES, CSM
Principal, Digital Practice
Baker Tilly
Herman
Michael Herman
Principal
Baker Tilly Digital
Financial Institutions Track

Trends and Reporting Outlook 1-A&A

  • Key themes and reporting considerations as we head into year-end close
  • Highlights on topics that are top of mind for financial institutions, including banks, and what's on the horizon from a reporting standpoint
Raza, Sara
Sara Raza
Senior Manager, Financial Services Practice
Ernst & Young LLP
Bays, Bryanna
Bryanna Bays
Manager
Ernst & Young LLP

3:30 p.m.
See You Next Year!


"The PICPA Insurance Conference always delivers. It provides thought leadership on a variety of topics that I can bring back to my company."

Michael Loftus, CPA
Global indemnity Group Inc.

Credits

CPE Credits: 16-Mixed**

Level: Update
Prerequisite: None

CLE Credits and Fees: This course has been submitted for 10 Substantive CLE credits. Attorneys requesting CLE credits must include an additional $100.  

Registration

Full Conference (796003)
Thursday Only (796004)
Friday Only (796005)
PICPA Member
$579
$345
$345
Nonmember
$679
$445
$445
ClassPass
16 hours
8 hours
8 hours
CLE Credit
$100
$50
$50
ClassPass      flexAccount200x75

Use your ClassPass or Flex Account to register. Find more information about PICPA discounts.

** This conference was designed to give attendees more networking opportunities throughout the day. As such, 14 CPE credits will be offered live during the conference and two (2) CPE credits available virtually post-conference (16 CPE credits total).
 

Staying Over?

Reserve a room at the Alloy King of Prussia - a DoubleTree by Hilton using this link or by calling (855) 729-3108. Reservations must be made by Nov. 9. Identify yourself as a PICPA conference participant and receive a discounted room rate of $169 for a king bed.


Sponsor this conference!  View packages >