The theme of the 2022 LIC Annual Conference is Vision Forward! At every level of each company, we’re focusing forward on new technology, new consumer expectations and needs, and new ways of doing business. We’ll hear from companies and individuals who have a unique perspective on growth and innovation, and we’ll engage in interactive sessions designed to send everyone home with practical ideas that can be implemented to help your company succeed.
The LIC Annual Conference brings together senior management from small-to-midsize life insurance companies for networking, education, and interactive discussions on common challenges and innovative solutions. Highlights include:
Dan Gardner, author of Superforecasting: The Art and Science of Prediction and Future Babble
Jay Olshansky, Ph.D., of University of Illinois at Chicago and Lapetus Solutions, Inc., author and researcher into aging biology and healthy life extension
Panel on Succeeding through Growth
Panel on Direct to Consumer Marketing
thinktum on Artifical Intelligence
And facilitated discussion!
See Who's Coming: Earlybird registrants are included on the Agenda PDF.
Please Note: All participants must show their green CLEAR HealthPass documenting full vaccination against COVID-19. The CLEAR smartphone app is being provided free for this purpose. For complete details, see www.loma.org/covid.
The itinerary will include a welcoming reception on Tuesday February 1, meeting sessions on Wednesday February 2 from 8am to 3pm, LIC's Annual Membership Banquet that evening, and meeting sessions on Thursday February 3 from 8am to 11am.
Dan Gardner is a New York Times best-selling author, speaker, consultant, and freelance writer/editor.
His three books on psychology and decision-making -- published in 25 countries and 19 languages -- have been praised by everyone from The Economist to Nobel laureate Daniel Kahneman. Read more about them here.
Prior to becoming an author, Gardner was a newspaper columnist, talking head, and investigative journalist who won or was nominated for every major award in Canadian newspaper journalism (including the Michener, the NNA, and the CAJ Award) along with awards from Amnesty International Canada, the John Howard Society, the Department of Justice, and other organizations. Gardner's work also contributed to significant changes in Canadian public policy.
Gardner holds a law degree and a masters in modern history. He is an honorary senior fellow with the University of Ottawa’s Graduate School of Public Policy and International Affairs.
University of Illinois at Chicago and Lapetus Solutions, Inc.
Jay Olshansky is a professor at University of Illinois at Chicago’s School of Public Health and co-founder and chief scientist at Lapetus Solutions. The focus of his research is on estimating upper limits to human longevity, population aging, forecasts of longevity, slow aging in people (the “longevity dividend”), and the reemergence of communicable diseases. A board member of the American Federation of Aging Research, Olshansky authored The Quest for Immortality and A Measured Breath of Life and co-edited Aging: The Longevity Dividend. In 2016, he received awards from the Gerontological Society of America and the American Federation for Aging Research and was named one of Next Avenue’s Influencers in Aging.
During the last twenty-five years, Dr. Olshansky has been working with colleagues in the biological sciences to develop the modern "biodemographic paradigm" of mortality—an effort to understand the biological nature of the survival and dying out processes of living organisms.
He is an adviser to U.S. Preventive Medicine; he is a founding member of the HSBC Global Commission on Ageing and Retirement; he is a member of the MacArthur Foundation Research Network on an Aging Society; he was co-chair of the Council on an Ageing Society at the World Economic Forum where he is still active; he is on the Program Advisory Group and Senior Associate at the International Longevity Center (US); he has been invited to lecture on aging throughout the world; and has participated in a number of international debates on the future of human health and longevity.
In August 2017, Dan Shinnick joined National Mutual Benefit (now BetterLife) as President and CEO.
Along with his experience in leading marketing, actuarial, fraternal, and business development teams, Dan brings with him a motivated mindset and a passion for making a difference. Since he was a child, Dan has wanted to be a leader: “Whether as an athlete, student, teacher, or coach, I felt that I had more to offer than just doing a job.”
Dan is known by his team as a passionate coach, a goal-driven and dynamic steward, a driving force, and an innovative and engaging leader who is not afraid to get his hands dirty. He works hard to create a fun and positive workplace with his dry sense of humor, “love” of cats, and goofy dad jokes, which he claims have turned him into an “internet sensation”. He feels it’s important to be serious about the work we do without taking himself too seriously.
Mr. Acker is President and Chief Marketing Officer of SILAC Insurance Company, Sterling National Insurance Company, Inc., and Sterling Investors Life Insurance Company.
He also serves on the Board of Directors. Before joining SILAC™, Mr. Acker served as President of Sentinel Security Life Insurance Company. While at Sentinel, Mr. Acker was responsible for growing the employee base from 13 to over 150 and assets from $50 Million to over $800 Million.
This growth was a result of Mr. Acker's leadership in creating several new products for the senior market, including Medicare Supplement, Fixed and Index Annuities, and Hospital Indemnity plans. Mr. Acker also expanded the agent distribution network to over 16,000 appointed agents.
During this time, he also successfully started a third-party administrator and an independent marketing organization. Prior, Mr. Acker worked for Educators Mutual Insurance rising to become Assistant Vice President of Finance.
Mr. Acker is a member and past President of the Utah Chapter of Insurance Accounting and Systems Association (“IASA”). He is also a board member for the Life Insurers Council and holds an MBA from Westminster College in Salt Lake City and a Bachelors’ degree in Finance from the University of Utah.
Founder & CEO, Investors Preferred Life Insurance Company
Founder and CEO of Investors Preferred Life Insurance Company, Alan Jahde is a respected, veteran tax attorney. In 2013 he joined forces with a multi-generational family to found Investors Preferred, a South Dakota domiciled carrier of private placement solutions for wealth preservation planning. The strategic direction of Investors Preferred is driven by Alan and a credentialed management team, as well as a governing board comprised of accomplished industry and financial professionals. Prior to co-founding Investors Preferred, he also co-founded a Bermuda-based private placement insurance company in 2001.
Jeff comes to LIMRA and LOMA with a long insurance resume that includes work in the field in property/casualty as well as life insurance, investments, and financial planning. With an enthusiasm and passion for the unique opportunities facing companies serving the needs of underserved markets, his leadership supports an excellent foundation for growth, while continuing to position LIMRA and LOMA as the ONLY trade association providing practical business solutions for companies serving the modest and middle income markets.
The media are partly to blame for not holding experts to account when their predictions fail. But more fundamentally, the answer lies in psychology and the brain’s profound aversion to uncertainty: We believe because we want to believe. But we don’t have to be suckers for soothsayers. If we understand the psychology that compels us to believe, we can learn to distinguish between reasonable forecasts and the tales of confident experts. And that can help us make good decisions that leave us better prepared for the future. No matter what happens.
Dan Gardner is a New York Times best-selling author, speaker, consultant, and freelance writer/editor. His three books on psychology and decision-making -- published in 25 countries and 19 languages -- have been praised by everyone from The Economist to Nobel laureate Daniel Kahneman.
Dierdre Woodruff, Sr. Vice President, Puritan Life Insurance Company of America Dan Shinnick, CEO and Board Chair, BetterLife
Hear about direct to consumer marketing from two companies that were both very early in committing to D2C but used two different products for this initiative. Learn why they chose this route, what’s worked and what hasn’t worked in terms of executing your plan, and what their expectations are for the future.
Artificial Intelligence (AI) is the primary driver of the Fourth Industrial Revolution (4IR), significantly impacting the insurance industry. With some insurance lines of business starting to incorporate AI into their systems, most of the Life Insurance sector has been experiencing several challenges in succeeding at tech innovation. With AI and 4IR forcing the race for the most optimized, personalized user experience, organizations must continue reinventing themselves to remain in the game. The session will focus on:
AI and 4IR impact the insurance industry.
Existing AI implementation-related challenges.
Current and upcoming industry trends.
Observations from and experiences with the global market.
An alliance to make the industry better for all.
Thinktum is an innovation enabler in the insuretech space. Current developments include various no-code and low-code insurance turn-key solutions, with an AI-driven personalized risk-assessment engine as its current core asset.
Michael Fosbury, President & CEO, Columbian Mutual Life Insurance Company Dan Acker, President & CMO, SILAC Insurance Company Alan Jahde, JD, L.L.M., CEO, Investors Preferred Life Insurance Company
Many smaller companies struggle with growth but each of the companies on this panel offer a unique perspective of success: a start-up, an established company that pivoted into a new product line, and one with a long history of success that has attracted outside capital to fuel future growth. Bring your questions and share your perspective in this interactive discussion with Q&A.
Participants set the agenda for Facilitated Discussion with live polling. This is a unique opportunity to delve into shared challenges and practical solutions with leaders of similar small-to-midsize life insurance companies. Here are some of the topic requests that have been submitted so far:
What are other companies’ greatest challenges in 2022
Enabling business operations through digital transformation
3-5 year product development opportunities/challenges
Distribution challenges created by "mega" IMOs, and strategies to address them
Hiring trends, pay rate competition, challenges finding people, the great resignation, remote work
Who is repricing because of Covid...or making other process changes (like underwriting) to mitigate risk?
What other companies are doing/planning to do with AI, underwriting, and user experience
LIC’s traditional annual banquet is a chance to enjoy fine dining, develop old and new friendships in the industry, and hear a light-hearted State of the Association address as the leadership changes from outgoing LIC Chair Byron Allen, President/CEO, American Savings Life Insurance Company, to incoming 2022 Chair Francois Duguay, Executive Vice President & Chief Actuary, Optimum Life Reinsurance.
S. Jay Olshansky, Ph.D., University of Illinois at Chicago and Lapetus Solutions, Inc.
The rise of human longevity in the 20th and 21st centuries has brought forth new challenges and opportunities. While many more people will live to extreme old age in this century than ever before, the challenges imposed by aging bodies will lead to unprecedented increases in frailty and disability, and incredible new opportunities for those that achieve old age in good mental and physical health. In the first part of this talk Dr. Olshansky will explain why such limits to human longevity exist, what the prospects are for life extension in this century, as well as why aging biology is on the verge of a breakthrough that will enable medicine and public health to slow down the rate at which we age. The consequence will be an extension of healthy life—perhaps the most precious commodity that exists.
Given the limits imposed by our aging bodies and the breakthroughs in aging science that are forthcoming, how is it possible to navigate the landscape of predicting survival and health by industries that rely on such assessments? In the second half of the talk, Dr. Olshansky will run a live demonstration of a new kind of “Minority Report” that allows for remote assessments of health and longevity by combining the scientific tools of AI, epidemiology, genetics, and aging biology. These are ideal tools to use in a Covid and post-Covid world where biological information drawn from body fluids will be supplemented or replaced by new tools of assessment science developed just within the last decade.
Jay Olshansky is a professor at University of Illinois at Chicago’s School of Public Health and co-founder and chief scientist at Lapetus Solutions. The focus of his research is on estimating upper limits to human longevity, population aging, forecasts of longevity, slow aging in people (the “longevity dividend”), and the reemergence of communicable diseases. A board member of the American Federation of Aging Research, Olshansky authored The Quest for Immortality and A Measured Breath of Life and co-edited Aging: The Longevity Dividend. During the last 25 years, Dr. Olshansky has been working with colleagues in the biological sciences to develop the modern "biodemographic paradigm" of mortality—an effort to understand the biological nature of the survival and dying out processes of living organisms.
From LIC’s unique vantage point as THE trade association for small to midsize life insurance companies, we have the ability to synthesize what we’ve heard and learned throughout the year, data and research we have special access to, and the insight that comes from having a finger on the pulse of what matters to companies like yours. While we’re still considering the most timely and practically useful ideas to focus this time on, anyone who has heard Jeff Shaw’s trademark closing presentations can attest that this will be an engaging and interactive discussion about this segment of the life insurance industry and how we can ensure its success and competitiveness into the future!
11:00 am
Adjourn
Registration
Please Note: All participants must show their green CLEAR HealthPass documenting full vaccination against COVID-19. The CLEAR smartphone app is being provided free for this purpose. For complete details, see www.loma.org/covid.
Attention Fraternals: Fraternal organizations that are members of the American Fraternal Alliance are eligible for a $150 discount sponsored by the AFA. Request the discount from info@fraternalalliance.org. (Discount may be used only once per person, for either the Annual Meeting or the CEO Forum.)
Group Discount for Insurance Companies/Fraternals: After the first two fully paid registrations, additional registrations are 50% off - use discount code GRP50.
14900 Chelonia Pkwy Orlando, FL, United States, 32821
JW Marriott Orlando Bonnet Creek Resort & Spa brings modern luxury to Central Florida. Located near Walt Disney World Resort, the hotel offers warm, inviting social spaces and amenities including Spa by JW®, resort pool with splash pad, specialty restaurants and a rooftop terrace boasting nightly views of the nearby Disney fireworks display.
LIC's Group Rate is $299 plus tax and $25/night plus tax resort fee (discounted from $35). Click here to make your reservation in the LIC block. Reservation cancellation is allowed up until 5 days prior to arrival at no charge. Cancellation penalty within 5 days to arrival is equal to 2 nights of the room charge.
The resort is located 20 miles (approximately 26 minutes) from Orlando International Airport (MCO) and 79 miles (approximately 75 minutes) from Tampa International Airport (TPA). Onsite parking is $30/day self and $40/day valet.
Check-in is 4pm and check-out is 11 am.
LIC2022 Sponsors
Deluxe Meeting & Banquet Sponsors
Additional Meeting Sponsors
Did you accomplish the goal of your visit to our site?