About

What is IFNY?

Since its inception in 1913, the Insurance Federation of New York, Inc. (IFNY) has earned broad-based distinction as one of New York’s insurance industry’s most widely respected organizations, communicating ideas among all sectors of the industry and bringing public and private interests together for the benefit of all.

IFNY’s membership includes every segment of the insurance industry, including insurance companies, brokerages and agencies, law, accounting, consulting and other professional service firms. Our members have in common:

  • A strong interest in the viability of New York as a sound economic environment for the industry;
  • A shared concern for our profession; and
  • A commitment to free enterprise and service.

IFNY’s annual calendar of events brings together the “best and brightest” in our field to ensure that industry intelligence is shared and that support for best practices in insurance business, law and regulation earns the understanding of leaders across the spectrum. The Federation invites its members to attend the Annual Fall Cocktail Reception and our popular “Breakfast With…” programs, featuring distinguished leaders in the insurance industry and regulatory communities. IFNY also sponsors educational seminars in cooperation with the New York City Bar Association’s Committee on Insurance Law, as well as other organizations.

Recently, IFNY has added an exciting new division to our group called the IFNY Emerging Leaders. This division is made up of a diverse group of young professionals from all facets of the insurance and reinsurance industries. Its mission is to engage and develop the next generation of young, talented professionals in the insurance and reinsurance industries by providing members with networking events, mentoring opportunities, educational programs and charitable events planned throughout the year.

Membership in this group provides access to all IFNY events. Finally, IFNY caps off its year with the Annual Luncheon in November, where IFNY honors individuals whose significant achievements have been important to our industry and to the civic good with the Free Enterprise Award and the Public Service Award. The event encourages attendees to reconnect with old acquaintances and make new ones.

IFNY also proudly notes the success of the IFNY Interns summer program. Federation members have given generously of their time and finances to support this program that reaches into the community to afford highly motivated teens from challenging backgrounds an in-depth opportunity to learn about the insurance industry and to consider a career in insurance or one of its allied fields. The IFNY Interns of today will be tomorrow’s industry leaders.

IFNY continues to provide its diverse members with extensive networking and educational opportunities. We hope that you will take advantage of the opportunity to participate in upcoming programs by becoming a member of IFNY. We are convinced that you will appreciate the concrete benefits of membership as a business leader in the New York State insurance industry.

 

Message

From the President

Howard MillsFor more than 100 years, the Insurance Federation of New York has been a force for communicating ideas among all sectors of the insurance industry, bringing public and private interests together for the benefit of all. The Insurance Federation of New York’s prestigious Free Enterprise Award—presented to some of history’s legendary entrepreneurs—continues to salute risk takers and leaders whose creativity and initiative has enabled the expansion of business throughout New York, across the country and around the world. In the insurance industry, it is the commitment and vision of these leaders that has created and refined the risk transfer mechanism to spur economic growth and contribute to personal financial security for countless millions. Also, our industry exists to protect the health and welfare of our insureds and those who depend upon them, and this year we proudly introduce a new award, the Public Service Award, to recognize outstanding achievement in the public interest.

Today, the Insurance Federation of New York’s annual calendar of events brings together the “best and brightest” to ensure that industry intelligence is shared and that support for best practices in insurance business, law and regulation earns the understanding of leaders across the spectrum. This shared goal draws business executives, legislators and regulators to our Annual Luncheon, our “Breakfast with…” programs, professional seminars, and other events. Our IFNY Interns Summer Program reaches out into the community and gives highly motivated teens from challenging backgrounds an opportunity to learn about the insurance industry in all its facets and consider a career in insurance. Federation members have given generously of their time and finances to support this program. We also note a new division in the Federation, the IFNY Emerging Leaders. Through its programs younger insurance professionals will have the opportunity to hear from and meet seasoned executives and industry leaders with an eye toward the development of their own careers.

The Insurance Federation of New York is a not-for-profit New York corporation that does not engage in lobbying activities and is open to all.

Howard Mills

 

Calendar

2022

IFNY Co-sponsored CLE programs

As the events are scheduled, detailed information will be posted below and can also be found online at http://www.nycbar.org/calendar/events.

Programs are held at the Association of the Bar of the City of New York, 42 West 44th Street, New York, New York (between Fifth & Sixth). For more information, IFNY members should contact the City Bar at (212) 382-6600 or log on to www.nycbar.org. IFNY Members must call the City Bar in order to receive a discount.


Past Events

2022

  March 31 – 106th Annual Awards Luncheon

Venue: Union League Club

Steven Menzies – Free Enterprise Award recipient

William Frazier – Mary Lanning Public Service Award recipient

Superintendent Adrienne A. Harris – Honorable Guest

SPONSORS

PLATINUM SPONSORS:

SILVER SPONSORS:

LUNCHEON SPONSORS:

PHOTOS AND CAPTIONS

(L-R): Howard Mills, IFNY President presenting the Free Enterprise Award to Steven M. Menzies, Founder and Chairman, Applied Underwriters, Inc.

(L-R): Howard Mills, IFNY President presenting the Mary Lanning Public Service Award to William H. Frazier, Co-Founder, American Veterans Group, PBC.

(L-R): Mark Browne, Faculty Chair of the School of Risk Management in the Tobin College of Business, St. John’s University, in conversation with Hon. Adrienne A. Harris, Superintendent, New York State Department of Financial Services.


 

2020

  December 2

Click here to register for viewing the webinar.

Education and Gold Sponsor:

Silver Sponsor:
CHUBB_Logo_Black_

LLoyds

Locke Lord

Verisk

  September 22

Education and Gold Sponsor:

Gold Sponsor:

Silver Sponsor:
CHUBB_Logo_Black_

  August 12

Education and Gold Sponsor:

Gold Sponsor:

Silver Sponsor:

Hosted by:

  February 11

Breakfast with DFS Superintendent Linda Lacewell
February 11, 2020
The New York City Bar

2019

  June 27

Breakfast with Linda Lacewell, Superintendent, NYDFS
Union League Club, NYC

Cosponsored by Guardian Life, Continental LTC, Inc., ShelterPoint Life and Stroock

  May 29

IFNY Emerging Leaders presents “An Evening with Neil Spector, President of ISO”
Saul Ewing Arnst & Lehr LLP, NYC

Cosponsored by ISO and Saul Ewing Arnst & Lehr, LLP

  May 22

2nd Annual Surplus Lines & Reinsurance Forum
Union League Club, NYC

Sponsored by ELANY, IFNY and Stroock & Stroock & Lavan

  March 20

IFNY EMERGING LEADERS WINTER SOCIAL
Windfall, NYC

  

Cosponsored by CHUBB and ShelterPoint Life Insurance Company

  January 29

“Breakfast with Maria T. Vullo “
Superintendent – NYDFS

Co-sponsored with the Insurance Law Committee (ILC) at the New York City Bar Association

(Left) (L-R): Drexel Harris, Chair of the ILC, Supt. Maria T. Vullo; Nick Pearson, IFNY President; and Andrew Balkam, IFNY Emerging Leader Advisory Council Member

(Center) (L-R): Supt. Maria T. Vullo with Tom Workman who is an Independent Member with Insurance Expertise Financial Stability Oversight Council at the U.S. Department of Treasury and former IFNY Board Member, and Nick Pearson, IFNY President

(Right) (L-R): Drexel Harris, Chair of the ILC, opens the meeting. To his left is Supt. Vullo and IFNY President, Nick Pearson


 

2018

  November 7

“An Evening with…Dame Inga Beale”
CEO, Lloyd’s of London (2014-2018)

Photo: Our Co-Hosts, Saul Ewing Arnstein & Lehr, pose for a photo with Inga Beale in their recently opened New York City Office during the IFNY Emerging Leaders Group Reception on November 7. L-R: Valerie Pennacchio, Associate; Kara Pike, Associate; Laurie Kamaiko, Partner; Inga Beale, Former CEO, Lloyd’s of London; Fred Garrson, Partner; and John Basinger, Partner.

Co-sponsored and hosted by: Saul Ewing, NYC


  October 9

IFNY 2018 Annual Cocktail Reception

Co-sponsored and hosted by: Stroock, NYC


  September 25

“Breakfast with Laura Evangelista, Executive Deputy Superintendent of Insurance, NYDFS

 

Venue: Union League Club in New York City.

Co-sponsored by: Applied Underwriters, ShelterPoint Life Insurance Company and Guardian Life Insurance Company


  May 16

Surplus Lines and Reinsurance Forum

Venue: Union League Club in New York City.

Co-sponsored by:

  ELANY LogoPrintbakerlogo_newABA

Three panels of distinguished experts, including a Former Commissioners’ Roundtable, discussed hot topics in
Surplus Lines and Reinsurance–where we are today and what to expect tomorrow.

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20180516_150206

20180516_164026

(Left) Surplus Lines and Reinsurance Panel (L-R): Alan Levin, Esq., Partner, Locke Lord LLP; Daniel Maher, Esq., Executive Director, Excess Line Association of New York; Janet Pane, Chairwoman, Excess Line Association of New York and Head of Global Services and Solutions at Willis Towers Watson P.L.C.; and Hank Watkins, President, Lloyd’s North America

(Center) Reinsurance Panel (L-R); Larry Schiffer, Esq., Partner, Squire Patton Boggs (US); Michael McRaith, Former Director of the Federal Insurance Office, US Treasury Department; Tim Ronda – Executive Managing Director, Aon Benfield; and J. Howard Stecker – Executive Director – Insurance Tax, Financial Services, Ernst & Young, LLP

(Right) Former Commissioner’s Panel (L-R): Moderator, Francine L. Semaya, Esq. – Legal and Insurance Regulatory Consultant; James Wrynn, Esq. – Senior Managing Director, FTI Consulting, Inc., and former New York Superintendent of Insurance; and Thomas B. Considine, Esq. – CEO, National Conference of Insurance Legislators (NCOIL), and former New Jersey Banking and Insurance Commissioner

“Most informative event I have been to so far. Can’t wait for the next one! You would be hard pressed
to find a room packed with as much knowledge and influence.”
Joseph Gaglioti Director of Sales at Diversified Risk Solutions LLC


   February 27

“Breakfast with Supt. Maria T. Vullo”

Co-sponsored by:

   

The Superintendent discussed DFS priorities for 2018, plus
recaped some of 2017’s most noteworthy developments.

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Member Events

(Events listed below are not affiliated with IFNY and are listed as a benefit of membership only. For consideration, members in good standing may submit event listings to ifny@cinn.com.

Annual Award Luncheon

The Insurance Federation of New York has, for over a century, continued to develop, becoming a leading resource for communicating ideas among all sectors of the insurance industry. IFNY’s prestigious Free Enterprise and Public Service Awards, presented to notable entrepreneurs and public figures every November at the Annual Luncheon, continues to salute captains of private and public institutions whose creativity and initiative enables U.S. businesses to expand. The commitment of these leaders has ensured the growth of the insurance business in New York.

Past Free Enterprise Award Recipients

The list of past recipients includes:

1962 Henry Ford, II
1963 Kenton R. Cravens
1964 George Champion
1965 Frederick Kappel
1966 George Keith Funston
1967 Arthur “Red” H. Motley
1968 Allan Shivers
1969 George A. Spater
1970 John C. Emery
1971 Nathan H. Wentworth
1972 Gilbert W. Fitzhugh
1973 James P. Mcallister
1974 Blake T. Newton, Jr.
1975 Melvin A. Holmes
1976 Osborn Elliott
1977 John T. Fey
1978 Felix G. Rohatyn
1979 Maurice R. Greenberg
1980 B.P. Russell
1981 Rawleigh Warner, Jr.
1982 Ralph S. Saul
1983 Harry B. Helmsley
1984 Malcolm S. Forbes
1985 Robert M. Best
1986 Robert Clements
1987 Lewis Lehrman
1988 Donald J. Trump
1989 J. Peter Grace
1990 Harold E. Sells
1991 J. Carter Bacot
1992 William Wallach
1993 Saul Steinberg
1994 Salvatore Curiale
1995 William J. Flynn
1996 Sanford J. Weill
1997 Dennis Chookaszian
1998 Steven M. Gluckstern
1999 Patrick G. Ryan
2000 Thomas R. Tizzio
2001 Edmund F. Kelly
2002 Constantine Iordanou
2003 Gregory V. Serio
2004 Jay Fishman
2005 Frank J. Coyne
2006 Martin J. Sullivan
2007 James L. Tisch
2008 Brian Duperreault
2009 William Fishlinger
2010 Warren W. Heck
2011 Joseph J. Plumeri
2012 Robert Benmosche
2013 Evan G. Greenberg
2014 J. Hyatt Brown
2015 Donald Kramer
2016 Steven A. Kandarian
2017 Gregory Case
2018 Dame Inga Beale
2019 Brandon W. Sweitzer

Public Service Award Recipients

The list of past recipients includes:

2016 Daniel A. Nigro
2017 Michael McRaith
2018 Mary Lanning
2019 Senator James L. Seward
2019 Senator Neil D. Breslin
   

 

2019

Board of Directors

Officers

Immediate Past Chairman

Lance J. Albright

Chairman

Nick Pearson

President

Howard Mills

Treasurer

Richard White

Vice President

Michael Fusco

Vice President

Jeffrey A. Silver

Secretary

Huhnsik Chung

Vice President

Amy Feller

Vice President

K.J. Singh

Vice President/Managing Director

Steve Acunto

Directors Emeriti

Stephen Boon, Jr.

Michael E. Curran

Salvatore R. Curiale

Joseph P. Decaminada*

Patrick J. Foley*

Donald Gabay

Wallace Gardner, Jr.

Richard Greenwald*

Joseph E. Johnson*

Arnold Kideckel*

Sol Kroll*

Virginia McMullen

Hon. Edward J. Muhl

Cecilia E. Norat

Richard J.J. Sullivan

*Deceased

 
ifny_emerging_leaders

IFNY Emerging Leaders is a division of the Insurance Federation of New York (“IFNY”) created to bring together a diverse group of young professionals from all facets of the insurance and reinsurance industries.  Our mission is to engage and develop the next generation of young, talented professionals. IFNY chartered the IFNY Emerging Leaders to keep up with the demands of a growing New York insurance market and its changing demographics.

Since 1913, IFNY has been recognized as a premier insurance industry organization for its continued efforts to establish New York as the world’s foremost insurance market while promoting free enterprise and service.  This platform provides IFNY Emerging Leaders’ members with extensive resources and unparalleled opportunities to network with and learn from senior company executives, state and federal regulators, key legislators, industry experts and other industry professionals.  IFNY Emerging Leaders provides its members with networking events, mentoring opportunities, educational programs and charitable events planned throughout the year. In addition, IFNY Emerging Leaders’ members will have the opportunity to attend events hosted by IFNY, which include recurring “Breakfast With…” programs, the Annual Fall Cocktail Reception and the Annual Award Luncheon.

We welcome all young professionals interested in insurance and reinsurance matters to become involved. Whether you are an insurance or reinsurance company employee, agent, broker, intermediary, regulator or attorney, or simply wish to become active in our industry and further your own career, we welcome anyone who has the desire to be part of our community to join and to take full advantage of all that IFNY Emerging Leaders has to offer.

Emerging Leaders Advisory Council (in alpha order):

Andrew C. BalkamCanny Capital

Marc HaasRobinson & Cole LLP

Kelly NickersonFTI Consulting

Valerie PaolucciAIG

Nicholas SecaraAscot Group Limited

Edward D. Steinborn, CPCUAon Risk Solutions

Valerie Pennacchio – Saul Ewing Arnstein & Lehr LLP

Winnie Y. ZhangStarr Insurance Holdings, Inc.

To join, click here.

For additional information, please contact Rebecca McLean at rebecca.mclean@cinn.com or at 914.966.3180, x113.

 

Sponsor

Opportunities
After many requests over the years and much discussion among Board members, last year IFNY decided to allow sponsorship of events. This has enabled sponsors to link their brand to our events, sustaining our core mission of service to the industry.
 
The initial response has been overwhelming and we would like to thank the companies that signed up as Silver, Gold or Platinum level sponsors to support our mission and goals: CHUBBMetLifeLICONYAmalgamated Life Insurance Company and Baker Tilly. In addition, FTI Consulting, ShelterPoint Insurance CompanyBDO, AXA and ELANY, took advantage of the program by sponsoring specific events that included a “Breakfast With…” program, “An Evening With…” program, and a networking event hosted by the IFNY Emerging Leaders division. The success of this program has increased member benefits, enabling us to offer a CLE program and more free member events and it has also showed us ways we can expand the sponsorship programs to include levels ideal for all budgets and marketing efforts in a cost effective way, with as few “frills” as possible.
 
Why Sponsor?
Sponsorship provides a great means of broadening a company’s competitive edge by improving image, prestige and credibility through events that your target market finds attractive. Over the last several years, corporate sponsorship has become the fastest growing type of marketing in the United States. Sponsorship’s help companies with their public profile relatively cheaply by enhancing visibility and image. Additional benefits include developing closer and better relationships with customers – both existing and potential ones – showcasing services and products and, when strategic, the effort can boost both short-term and long-term sales.
 
IFNY, in its 104th year, has earned broad-based distinction as one of New York’s insurance industry’s most widely respected organizations, communicating ideas among all sectors of the industry and bringing public and private interests together for the benefit of all. The Federation’s reputation provides sponsoring companies with a platform and association that enhances their product and corporate image.

2020-2021 Education and Gold Sponsor:

2020-2021 Gold Sponsor:

2020-2021 Silver Sponsors:

CHUBB_Logo_Black_

LLoyds

Locke Lord

Verisk

Event Sponsors – 2020:

LLoyds Locke LordVerisk

To view the opportunities available in detail, please download the information sheet by clicking here. To go directly to the payment page to purchase a sponsorship, click here.

If you require additional information, please contact Rebecca McLean at 914.966.3180 x113 or via email at rebecca.mclean@cinn.com.

We thank you for your support.

 

IFNY Interns is a summer program that introduces deserving, high-performing local high school students, from disadvantaged family circumstances, to the New York insurance and financial services sector. The insurance industry and the professional firms that serve it are major providers of skilled jobs and rewarding careers in New York. Exposure to our industry through participation in IFNY Interns offers a strong and timely incentive to these young New Yorkers to pursue their dreams. The program runs each summer from late July through the middle of August.

For more information, click here to download the full description and details about the program.

2019 IFNY Interns

2019 IFNY INTERNS
(L-to-R): Peer Mentor Courtney Tse, Peer Mentor Mohammed Mahfuj Sarker, Intern Zabrina Chen, Leader Mary Lanning, Intern Trevon Oliver, Intern Amy Ackel, Intern Robert Sessing, Jr., Intern Daniella Pagoumian, Intern Jeffrey Tse, Intern Grace Alexander, Lloyds-America CEO Hank Watkins, Lloyds-America, Sabrina Miesowitz, Intern James Fox.

2018 IFNY INTERNS
L-R: Jordan Hawthorne, Intern ‘18; Stephan Pemberton, Intern ‘14 and ‘15, and Peer Mentor ‘18; Kelvin Monje, Intern ‘18; Emmanuel Sweeney, Intern ‘18; Malique Williams, Intern ‘18; Kevyn Duran, Intern ‘18; Trevon Oliver, Intern ‘18

2017 Interns

2017 IFNY INTERNS

IFNY Interns 2016

2016 IFNY INTERNS
L-R: Precious Blanding, Jean Derosier, Atira Meade, Lashawnda Wilson, Tatsuya Rivera.   Missing from this photo is Romaris Moquette.  All were ages 15-17 last Summer, all are scholars in the Boys Hope Girls Hope program in Brooklyn.

IFNY Interns 2016

2015 IFNY INTERNS
(L-R) Mary Lanning, YES!Solutions Chief Executive; Tamika Andre; Samantha Metellus; Alan Rodriguez; Christian Torres; Jeremy Diaz; and IFNY President, Nick Pearson

ifny_interns_-_2014_class_web

2014 IFNY INTERNS
(L-R) Front Row: Carmen Alarco, YES! Photographer; Mary Lanning, YES!Solutions Chief Executive; Travis Allen, Intern; Christine Mitchell (kneeling), Intern; Lusmer Quintana, Intern; Adrian Roque-Silvas, Intern. Middle Row:  Austin Joseph, Intern; Fatou Sane, Intern; Elijah Lashley, YES! Associate (former IFNY Intern); Michael Roman, YES! Peer Mentor; Dana Cook, YES! Peer Mentor; Will Torres, YES! Peer Mentor


IFNY

NEWS & NOTES

Insurance Federation of New York Presents Free Enterprise Award to Steve Menzies

Mary Lanning Public Service Award to William H. Frazier

Hundreds applaud honorees and hear new head of DFS Hon. Adrienne A. Harris

April 20, 2022 – Nearly 300 insurance leaders convened at New York’s Union League Club on March 31st for the 107-year-old Insurance Federation of New York’s Annual Free Enterprise Award luncheon, considered by many to be the industry’s top award. This year’s honoree was Steve  Menzies, Chairman of Applied Underwriters, who joins a long line of  top US business  leaders in receiving the accord.  The very first annual Mary Lanning Public Service Award was given to to William Frazier, founder of American Veterans Group, Wall Street’s first public benefit corporation. Honored guest, New York’s new Superintendent of Insurance, Hon. Adrienne A. Harris, was interviewed during the program in a “fireside chat” format whereupon she viewed the DFS’s strengths and her own progress as a professional, among other topics.

Mr Steve Menzies joins a most illustrious group of entrepreneurs in receiving the IFNY Free Enterprise Award, including Henry Ford II, Hank Greenberg, Red Motley, Greg Case, Brian Dupperault, Pat Ryan, Bill Flynn, Tom Moran, J. Carter Bacot, Hyatt Brown, Sandy Weill, Donald Trump, and many other iconic business leaders. Mr Menzies is himself a serial entrepreneur who acquired Applied Underwriters in 2019, 15 years after he founded the Company, from Berkshire Hathaway. He has since grown the Company dramatically through several acquisitions in the US and abroad and through refined organic growth.

He is currently constructing the largest urban development in the US, Heartwood Preserve, in Omaha, Nebraska, where the Company’s operational headquarters is located. Founder of the Steve Menzies Global Foundation, Mr. Menzies has received numerous awards for his philanthropic work, notably for leading hostage rescue missions in Venezuela, for securing the return of Americans left in Afghanistan and for leading, by Papal appointment, the St. Francis Day Foundation to treat the concerns for human ecology as articulated in the Encyclical Laudato si. A trustee of colleges and other educational and cultural institutions, Mr. Menzies is Vice Chairman of the San Francisco Opera, one of America’s most important cultural institutions.

In making the award presentation, IFNY’s new President Howard Mills, cited Menzies work: “The centerpiece of our Annual Luncheon each year since 1913 is the presentation of our Free Enterprise Award. Today, I am delighted to be able to present this prestigious award to a man who has truly gone above and beyond in so many ways and has had an impact that is as amazing as it is surprising in the service of our fellow citizens, our society, and our business.

His story is a narrative of hard work, vision, accomplishment, and unselfish volunteering and giving. His business career started when he founded a multi-faceted data processing and insurance underwriting company in Silicon Valley and built it piece by piece until it required a separate operations office in Omaha, Nebraska to process all the business. It did not take long for Warren Buffet to take notice of the tiger in the neighborhood and decide to invest in the company, name our awardee a direct report – the youngest CEO at Berkshire ever – and add the entity to the Berkshire portfolio. In 2019 after growing his company dramatically and actually creating channel competition within Berkshire, our awardee took the bold step – a rarity – of buying his company back from Berkshire.

That was in October of 2019. Since then, he has created an important force in insurance, in real estate, and in other sectors. He has undertaken and just topped off one of the largest urban mixed-use developments in the United States, Heartwood Preserve in Omaha on the site of what was Boys Town. Heartwood is an exemplar of responsible environmental creativity, with miles of well-defined space for residents and occupants in the homes, corporate buildings, and retail facilities on the 500-acre site.

Since 2019 he has made a series of acquisitions, about 20, and has brought together many top professionals from across the insurance spectrum. Applied has become a partnership of star performers, expert doers and thinkers from across the industry and around the world, led by its founders who drive the entrepreneurial juggernaut.

All of that would be enough for most corporate execs, fulfilling an award-winning role in Workers Compensation for care and clients’ safety, growing a staff of 1,000, and steering an A rated, international group of insurance companies. But beyond that, he has used his resources, his time, his talent, and his drive boldly and daringly. Our awardee has personally planned and supervised the execution of rescue missions, arranging and flying tactical teams to rescue more than 1,775 Americans stranded in Afghanistan. He met face to face with Venezuela’s hostile dictator, Nicolas Maduro, in Caracas to negotiate for the release and better care and living conditions for US hostages held there. And, this past year, he met for several hours face to face with Pope Francis in his residence, whereupon, the Pope personally engaged him to lead a worldwide effort to give concrete form to the words of exhortation in his landmark Papal Encyclical, expressing deep and passionate concern for “human ecology” and the social world we share.

Our honoree is a native of NY, a Columbia graduate in engineering, a born builder, an accomplished executive and entrepreneur, and a mover and shaker for our good and that of our fellow occupants on this planet.

Mr William H. Frazier received IFNY’s Mary Lanning Public Service Award. Mr Frazier is founder of American Veterans’ Group, Wall Street’s first public benefit corporation, an enterprise that trains and employs veterans to ensure that they enter the financial world at a level that uses their potential fully rather than the roles that many were accorded because their skills were modest. The Company has been a success and has built a framework for veterans. Mr Frazier has served as Trustee and Treasurer of Northwell Healthcare Systems, a national leader in the provision of health services to millions of Americans.

In accepting the award, Mr Frazier noted: “ I am delighted to receive this award on behalf of our team at American Veterans Group, Wall Street’s first and only Public Benefit corporation.

Our enterprise is unique in the sphere of public service. We train veterans for serious jobs, acknowledging the serious dedication and sacrifice they have made for us. Rather than being satisfied with mere employment, like one marine hero whom I met whose post Iraq war job was shuttling around a building to bring jobs to the mail room earning roughly 24,000 per month after fighting a war – and like it or not, it was a war and US soldiers battled there selflessly. Now that marine and others like him have learned financial services, financial markets and have a shot at 100K plus in a short time, especially if they use the discipline that they learned in the service. That is our service to them….And to you. Companies that adopt us, partner with us, add us to their rostrum and public companies that include us in their syndications  , all of you really put brave men and women on the road to financial success and to well being beyond the minimal offerings they get from the government. It is a most beautiful undertaking and I am grateful for all those who have stepped up.

May I point out our CEO – he is hard to miss at 6’6” – Ben Biles, former Navy officer who now steers our ship and would most willingly meet with corporate leaders to engage your affiliation. And I mean that. We are not out asking for money or for contributions; we just want partners with the tenacity and resources to get these willing veterans where they will make a difference. Let me say, as well, that in a business like insurance  where good faith and fidelity are watchwords, our recruits have lived and sacrificed under those words and words just like them as a matter of habit.

Let me turn, lastly, to Mark Lanning, in whose name this award is given for the first time today. When Steve Acunto described her work to me, from the Thanksgiving dinners feeding all comers under the EL at 125th street to her recruitment and shepherding of young inner city youth to place them in corporations , I can only say that I am doubly honored.”

In a departure from the usual format,  New York’s  newly confirmed Superintendent of the Department of Financial Services, Hon. Adrienne A. Harris, held a fireside chat interview with Prof. Mark Browne, Robert Clements Distinguished Chair in Risk Management and Insurance School of Risk Management, Tobin College of Business, St. John’s University.  Ms Harris, who heads what is arguably the most important State insurance regulatory agency in the nation, answered questions about the composition of the DFS, its needs, her career and the matter of diversity and inclusion in the business.

IFNY directors and officers were introduced during the event. led by Hon. Howard Mills, elected President.

IFNY Directors elected to office: Chairman, Nick Pearson, Independent Consultant, Insurance and Reinsurance; Immediate Past Chairman, Lance J. Albright, Vice President, Claims Relationship Management, QBE North America; President Howard Mills, Sr. Advisor, McKinsey and Co.; Treasurer, Richard White, CEO, ShelterPoint Life Insurance Company; Secretary, Huhnsik Chung, Shareholder, Carlton Fields; Vice President, Amy Feller, Regional Chief Operating Officer and NYC Branch Manager, CHUBB; Vice President, Jeffrey A. Silver, Esq. Executive Vice President, General Counsel, Applied Underwriters; Vice President, K.J. Singh, President and COO, Maya Assurance Company; Vice President, Michael Fusco, Consultant, FCAS, MAAA, CERA; Vice President/Managing Director, Steve Acunto, President, CINN Worldwide, Inc.

Directors elected including the officers above are:

Kermitt Brooks, General Counsel, The Guardian Life Insurance Company of America; Denise Campbell, SVP, Client Executive, MARSH; Michael Catina, Assistant Vice President & Assistant General Counsel, Zurich North America; Maura T. Clancy, President, Clancy & Clancy Brokerage, Ltd.; James P. Corcoran, Esq. James P. Corcoran Insurance and Related Legal Services; Regina Degnan, Executive Vice President, The Newman Team, AON; Eric R. Dinallo, Partner, Debevoise & Plimpton;  Frederic M. Garsson, Partner, Saul Ewing Arnstein & Lehr LLP; Douglas J. Hayden, President, Wright Public Entity, The Wright Insurance Group; Daniel F. Maher, Executive Director and Chief Operating Officer of the Excess Line Association of New York (ELANY); Roger M. Moak, Esq., Arbitrator; Manfred Ohrenstein, Counsel, Ruskin Moscou Faltischek, P.C.; Kevin Rampe, General Counsel, CHUBB; Raul Rivera, Retired Chairman, President and CEO, National Benefit Life Insurance Company; William M. Savino, Partner, Rivkin Radler LLP; Francine L. Semaya, Legal Consultant in insurance regulation, reinsurance, and insurance insolvency; Wendy R. Shapss, Senior Managing Director, FTI Consulting, Inc.; Maria T. Vullo, CEO, Vullo Advisory Services, PLLC; Hank Watkins, President, Lloyd’s America, Inc. James J. Wrynn, Esq., Senior Managing Director, FTI Consulting.

The Insurance Federation of New York, Inc., since 1913, has been a force for communicating ideas among all sectors of the insurance industry, bringing public and private interests together for the benefit of all. The Insurance Federation of New York’s prestigious Free Enterprise Award—presented to some of history’s legendary entrepreneurs—continues to salute risk takers and leaders whose creativity and initiative has enabled the expansion of business throughout New York, across the country and around the world. In the insurance industry, it is the commitment and vision of these leaders that has created and refined the risk transfer mechanism to spur economic growth and contribute to personal and business  financial security for countless millions.

Today, the Insurance Federation of New York’s annual calendar of events brings together the “best and brightest” to ensure that industry intelligence is shared and that support for best practices in insurance business, law and regulation earns the understanding of leaders across the spectrum. This shared goal draws business executives, legislators and regulators to our Annual Luncheon, our “Breakfast with…” programs, professional seminars, and other events. We also note the establishment of the IFNY Intern Summer Program. Federation members have given most generously of their time and finances to support this program that reaches out into the community and gives highly motivated teens, from challenging backgrounds, an in-depth opportunity to learn about the insurance industry in all its facets and to consider a career in insurance.

The Insurance Federation of New York, Inc., does not engage in lobbying activities and is open to  professionals in every segment of the field.

Click here to view the Insurance Advocate issue.

Insurance Federation of New York Elects Officers and Directors for 2022

Howard Mills elected President; Jeffrey A. Silver and K.J. Singh elected Vice Presidents; Denise Campbell joins Board as a new Director

(New York, NY, January 3rd, 2022) – The Insurance Federation of New York, Inc., elected its Directors for 2022 at the group’s Annual Meeting held December 17th, 2021. The Directors elected the Officers of the Board led by President Howard Mills, elected President, and new Vice Presidents, Jeffrey A. Silver and K.J. Singh, and new Director Denise Campbell.

Re-elected to serve were these Officers:

  • Chairman, Nick Pearson, Independent Consultant, Insurance and Reinsurance;
  • Immediate Past Chairman, Lance J. Albright, Vice President, Claims Relationship Management, QBE North America;
  • President Howard Mills, Sr. Advisor, McKinsey and Co.
  • Treasurer, Richard White, CEO, ShelterPoint Life Insurance Company;
  • Secretary, Huhnsik Chung, Shareholder, Carlton Fields;
  • Vice President, Amy Feller, Regional Chief Operating Officer and NYC Branch Manager,CHUBB;
  • Vice President, Jeffrey A. Silver, Esq. Executive Vice President, General Counsel, Applied Underwriters;
  • Vice President, K.J. Singh, President and COO, Maya Assurance Company;
  • Vice President, Michael Fusco, Consultant, FCAS, MAAA, CERA;
  • Vice President/Managing Director, Steve Acunto, President,

Directors including the officers above are:

Howard Mills

Howard Mills is an Independent Corporate Director and a Senior Advisor to McKinsey & Company. He serves on the Boards of Genworth Financial (NYSE:GNW), Ensight and The Doctors Company Group. Mr. Mills is a National Association of Corporate Directors Governance Fellow.

As a Senior Advisor to the insurance practice at McKinsey & Company Howard serves clients across Life, Property/Casualty and Reinsurance in the areas of CEO and Board counseling, crisis management, ESG, financial communications, insuretech, M&A, public affairs, regulatory risk and reputational risk.

Previously, Howard was with Deloitte, LLP for fourteen years as a Managing Director and Global Insurance Regulatory Leader. Mr. Mills is widely quoted in the media commenting on the U.S. and global insurance markets and has regularly appeared in the Wall Street Journal, The New York Times, The Financial Times, Bloomberg, SNL Financial, The Hill, Politico, Best’s Review and has been a frequent guest on leading business television programs. Mr. Mills is an experienced expert witness in litigation concerning insurance regulatory matters.

Prior to joining Deloitte in 2007, Mr. Mills served as Superintendent of the New York State Insurance Department. During his tenure he focused on leading the Department’s transition to conducting risk-based examinations, lobbying Congress to renew the Federal Terrorism Risk Insurance Act (TRIA), concluding settlement agreements with industry and leading on issues at the National Association of Insurance Commissioners (NAIC) such as principles- based reserving for life insurance companies and disaster preparedness. He was active at the International Association of Insurance Supervisors (IAIS), was a member of the Presidential Financial and Banking Information Infrastructure Committee, served as Co-Chair of the International Commission on Holocaust Era Insurance Claims, and testified before Congress on matters relating to the insurance industry.

Howard served three terms in the New York State Assembly (1999-2004) and rose to become the Deputy Minority Leader. While in the Assembly he served on the committees on Banks, Housing, Insurance, Ways and Means and was the Ranking Minority Member of the Committee on Corrections. He was a member of the National Conference of Insurance Legislators (NCOIL). Prior to Howard’s election to the Assembly, he was elected to three terms as Supervisor of the Town of Wallkill, NY. He began his career serving as the Director of Grants and Federal Projects to Representative Benjamin A. Gilman in Washington, D.C. He has been an adjunct instructor of political science at Mount Saint Mary College and at Orange County Community College.

Howard earned his B.A. in political science from Marist College and his M.A. in public administration from The American University. He completed a one year course of study in PPE (politics, philosophy, economics) at Mansfield College, Oxford University.

Mr. Mills has 30 years of experience serving on the Boards of not-for-profit organizations serving his community in New York State including the Orange Regional Medical Center, The Greater Hudson Valley Health Care System, the United Way of Orange County, the United Way of New York State, the Orange-Sullivan Alzheimer’s Association, Orange County Hospice, the Orange County Community Foundation and Orange County Cornell Cooperative Extension. Currently Howard serves as a Director of the Insurance Federation of New York and as an Advisory Council Member of The Institutes Griffith Insurance Education Foundation.

Howard lives in the Town of Hamptonburgh, Orange County, New York, with his wife Erin and their children H. Jack, Cooper and Kathryn.

Jeffrey A. Silver

Mr. Jeffrey A. Silver serves as Executive Vice President, Secretary and General Counsel of Applied Underwriters, Inc. (AUW) and its related companies, divisions of Berkshire Hathaway Inc. , Omaha, Nebraska. His responsibilities include oversight of legal affairs for AUW and its six licensed property casualty insurance companies including all regulatory matters and all litigation including bad faith claims and other issues. The companies write primarily workers’ compensation insurance throughout the country in more than 40 states.Mr. Silver, who has enjoyed a distinguished career in law, is admitted to practice before Nebraska State Courts, United States District Court for the District of Nebraska; United States Tax Court; United States Court of Appeals for the Eighth Circuit; United States Court of Appeals for the Tenth Circuit; and the United States Supreme Court. Mr. Silver has to his credit leadership in successful defense decisions in several landmark level insurance cases in California, Nebraska, and the United States Court of Appeals for the Eighth Circuit.A native New Yorker, Mr Silver was graduated from St. John’s University in 1972 with a B.A. in political science; he received his law degree with honors from Creighton University School of Law, Omaha, Nebraska in 1975; He is member of the Nebraska State Bar and American Bar Associations.

K.J. Singh

Mr. K.J. Singh is President and COO of Maya Assurance Company, a commercial auto carrier based in Long Island City, NY. Mr.Singh joined the company at its inception in 2005 and has been instrumental in setting up the infrastructure while leading the operations, strategy and growth of the business. Starting with 3 employees, under Mr.Singh’s leadership, the company has grown to over 35 employees and is further expanding its services and geographic reach. Prior to joining Maya Assurance, Mr. Singh was the I.T. Director for one of the largest electrical construction companies in the country. He was responsible for guiding the company’s I.T. department and supported over 300 employees across 7 remote offices, as well as the company’s headquarters. Mr. Singh has over 20 years of experience in the information technology field and was instrumental in converting Maya Assurance to a digital and paperless environment. Mr. Singh received his Bachelor of Science degree from Florida Atlantic University. He received his Master’s in Business Administration and Masters in Technology Management from Stevens’s Institute of Technology. Mr.Singh current resides in Chatham, NJ with his wife and son.

Denise Campbell

Denise Campbell started her professional journey working in the A&R department of Atlantic Records after completing her Bachelor of Arts in Music Technology at NYU. She joined AIG’s multinational department as an administrative assistant and advanced to Business Analyst and then a Sr. Communication Specialist in the same department. In 2015, Denise moved over to the market facing side of the firm as a Business Development Manager. She was promoted again to a Client Director before leaving the firm to join Marsh as a Client Executive in late 2020.

Denise Campbell started her professional journey working in the A&R department of Atlantic Records after completing her Bachelor of Arts in Music Technology at NYU. She joined AIG’s multinational department as an administrative assistant and advanced to Business Analyst and then a Sr. Communication Specialist in the same department. In 2015, Denise moved over to the market facing side of the firm as a Business Development Manager. She was promoted again to a Client Director before leaving the firm to join Marsh as a Client Executive in late 2020.

Denise also serves as the President of the National African American Insurance Association New York Tri-State Chapter. She held a position on the Insurance Federation of New York Advisory Council until 2019 and is currently serving on the Board of the Water Street Club. Through these organizations she works tirelessly to bring young and diverse talent into the insurance industry and provide them with the exposure and knowledge they need to enter, advance and stay in the industry. She’s been acknowledged by Insurance Business America in their Leading the Change and Hot List editions in 2020, and had a profile done on her by Advisen during Black History Month, 2020.

Denise also has a Certified Project Manager Designation from the Project Management Leadership Group, Inc.

Insurance Federation of New York
The Insurance Federation of New York, Inc., since 1913, has been a force for communicating ideas among all sectors of the insurance industry, bringing public and private interests together for the benefit of all. The Insurance Federation of New York’s prestigious Free Enterprise Award—presented to some of history’s legendary entrepreneurs—continues to salute risk takers and leaders whose creativity and initiative has enabled the expansion of business throughout New York, across the country and around the world. In the insurance industry, it is the commitment and vision of these leaders that has created and refined the risk transfer mechanism to spur economic growth and contribute to personal and business financial security for countless millions.

Today, the Insurance Federation of New York’s annual calendar of events brings together the “best and brightest” to ensure that industry intelligence is shared and that support for best practices in insurance business, law and regulation earns the understanding of leaders across the spectrum. This shared goal draws business executives, legislators and regulators to our Annual Luncheon, our “Breakfast with…” programs, professional seminars, and other events. We also note the establishment of the IFNY Intern Summer Program. Federation members have given most generously of their time and finances to support this program that reaches out into the community and gives highly motivated teens, from challenging backgrounds, an in-depth opportunity to learn about the insurance industry in all its facets and to consider a career in insurance.

The Insurance Federation of New York, Inc., does not engage in lobbying activities and is open to professionals in every segment of the field.

For further information contact Rebecca McLean at 212.808.5500, x113

 

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