Association of Insurance Compliance Professionals Podcast

You’ve heard about homeowners, auto, life, annuity, and health insurance – but how are they different and more importantly what do they have in common?  Join your host Ilana Kauffman while she talks to our experts Stacy Koron and Stephen Fisher as they discuss the different aspects of insurance categories and the careers available.  As our world changes around us, so does insurance and t...

In the year and half since the George Floyd murder and ensuing social uprising, organizations of all kinds have shown increased interest in learning about Diversity, Equity and Inclusion (DEI). Many firms endeavor to offer training and education programs for their employees in this area.  It’s natural to feel paralyzed about how to begin to address DEI education within and across an organizat...

Join your host Cheryl Davis along with our experts Matt Brasch and Terri Hitchcock as they dive into the realm of Insurtech – What is it? How Does it Work? Where does compliance fit in? Are there surprises?  Learn about this innovative and forward-thinking segment of the insurance industry and how it is building a culture of compliance in this brave new world! Featuring: Matt Brasch, Associat...

Cyber insurance was thought to be only for companies in the technology business. But most companies now use some form of technology as part of their business. Use credit cards in your business and store the credit card data? Run a website that allows customers to order your products from that website? Have data that could subject you to a ransomware attack? Then you may need cyber insurance. This...

Insurance is an industry that is overseen and regulated primarily at the state level.  Each of the fifty states and the District of Columbia have insurance departments or agencies that oversee that state’s insurance business.  The states are members of the National Association of Insurance Commissioners (the “NAIC”). The NAIC has various committees and working groups that address issues...

Yes – there is a way to make sure your special fur-baby is covered for illnesses and accidents!  In fact, pet insurance is one of the fastest growing  segments of the insurance industry.  Learn why this is considered property and casualty, how it is marketed, the risk factors taken into account – as well as special inside information on the pets of our presenters.  Make sure to...

Dan Cotter answers questions from Karen Pollitt and Scott Whitaker regarding the pandemic’s impact on the world of insurance. They discuss challenges, lessons learned, and what has been most surprising among the different industry groups. Listen to find out the answers to such questions as when will all of this be over? and which state reacted best? Featuring: Dan Cotter, Attorney, Howard & Ho...

Karen Pollitt and Scott Whitaker continue the discussion with Karen Melchert on how Covid-19 has impacted the insurance industry. Listen as they discuss how the industry has changed, and what the future of insurance will look like. Featuring: Karen Melchert, Regional Vice President, State Affairs at American Council of Life Insurers – ACLI Hosted by: Karen Pollitt, Assistant Vice President, Produc...

Lisa Brown and Carol Emory join Karen Pollitt and Scott Whitaker in this final installment of Covid-19’s impact on the insurance industry. Learn about what challenges they have encountered and how policies and procedures have been reshaped. Featuring: Lisa Brown, Senior Director of Market Conduct and Counsel, American Property Casualty Insurance Association Carol Emory, Assistant Vice President, A...

Producers have regulatory requirements that they must adhere to. Aside from just basic licensing for the states they operate in and lines of business that they sell, they must also adhere to regulations on rebating, conflict of interest, commissions, continuing education and agency bill. This podcast will examine the requirements specific to agents and brokers and in addition, will include specifi...

Matt Brasch and Rachel Galasso join Bri Dahl to discuss the importance and usefulness of the AICP job bank. Matt and Rachel detail their career paths and how they both used the job bank as a tool for career changes. Featuring: Matt Brasch, Director of Corporate and Insurance Regulatory Compliance, Munich Re Digital Partners Rachel Galasso, Senior Regulatory Compliance Specialist, Markel Specialty...

Join AICP President Bri Dahl and Vice President Karen Pollitt as they discuss how they have benefited personally and professionally as members of AICP. They dive deep into their 10+ years of involvement with AICP as active members as well as leaders. Listen as they reflect on why they joined, how networking is so important in this industry, and how they have had to adapt during the pandemic. Featu...

The world of underwriting is highly regulated and monitored. Essential to consumer protection and compliance with the laws and regulations in all states and D.C., insurance companies perform periodic examinations of their producers, third party administrators and managing general agents to review their conformity to underwriting guidelines and state requirements, knowing the repercussions of an in...

Creative spirits live in the marketing and advertising realm, and they want to use all their powers to tell the world about their great products and what they can do for the customer. Many times, these creative spirits battle with what they affectionately call “The Sales Prevention Unit” – or the compliance area- because in the ‘real’ world, insurance advertising is regulated both on the federal a...

Regulatory compliance is an integral component of the insurance industry. Nearly every aspect of the industry is regulated by state or federal agencies. Everything from policy language to advertising can need review and/or approval from a regulatory authority. This podcast will give you a birds-eye view of what is regulated, and by whom, to lay the foundation for deeper discussions in the future....

Compliance within an insurance company can be thought of as a large umbrella encompassing many functions and interactions with areas within a company. In this podcast, we will explore many of the compliance functions including monitoring state laws, responding to state and federal mandates, handling consumer complaints, and submitting rate filings to state insurance department. Featuring: Margaret...

Unlike most companies, insurers are not able to become debtors under the United States Bankruptcy Code. Instead, they are subject to a proceeding under the supervision of the state where the insurer is domiciled. While many of the concepts are similar to bankruptcy, each state has its own insurance code to address how an insolvency or rehabilitation will proceed. Listen to this podcast to learn mo...

Insurance is a heavily regulated industry, with both federal and state regulation. The speakers in this podcast will explain their roles and give practical tips on working with regulators. Featuring: Mike Consedine, CEO, NAIC; Al Redmer, former Maryland Insurance Commissioner Hosted by: Logan Marro, Vice President, Westmont Associates, Inc.

Compliance within an Insurance Company’s Functional Areas How do you ensure that claims are being settled fairly and within a timely manner according to state and federal laws and regulations? Are required reports submitted to states as required? These, and more, are part of the Claims function. Learn about how the claims professional benefits from knowledge of compliance within the claims world....

As the world does more and more business electronically, Compliance Professionals get to be lead players in the company.  From advertising via Facebook and other social media, to taking an application online using electronic signatures all the way through cybersecurity, Compliance Professionals must guide the technical areas of the company through the maze of regulatory requirements, both on...

All companies must have a set of internal policies pursuant to which a company is controlled and directed, delegating certain functions to each of the stakeholders (board of directors, shareholders, and others). For insurance companies, there are additional layers to take into account. A governance program must include a wide variety of policies, including conflicts and ethics, insider trading pol...

This podcast will discuss insurance company requirements in conducting internal risk management reviews and systems for measuring, monitoring and mitigating that risk. This process is called an Own Risk and Solvency Assessment (ORSA); it assesses the adequacy of a company’s risk management and the current and prospective solvency positions under normal and severe stress scenarios. Utilizing ORSA,...

The all-encompassing behavior of insurance companies as it relates to regulatory controls and consumers is known as market conduct. Its significance cannot be overstated. In this podcast, you will learn how insurance companies are regulated, what is the scope of a market conduct review, how reviews are performed, what is the process, what are some of the hot topics today and how can I learn more i...

Insurance products must comply with specific regulatory requirements designed to protect both the solvency of the insurer and the interests of the policyowners. To ensure that these concerns are met, a product concept goes through various stages, typically handled and overseen by a product development team. Members of such a team include members of different technical areas of expertise from throu...

Welcome to the inaugural AICP podcast. In this first episode, Karen Pollitt and Scott Whitaker talk with Karen Hornig, CEO of NIPR, the National Insurance Producers Registry about the importance of insurance during times of crisis.