AML & OFAC for the Insurance Industry

Co-Chairs’ Opening Remarks

Inna Tsimerman
Chief International Trade Counsel
Arthur J Gallagher

Joan Koenig
Director of Sanctions and Trade Compliance
Aon

Compliance 2.0: How Has Compliance Changed After the Pandemic and Preparing for the Year Ahead

Andrew Gifford
Senior Vice President & General Counsel
General Reinsurance Corporation

Kevin Askew
Chief Anti-Fraud & AML Officer
Manulife

Livio Russo
Global Head of Financial Crime Compliance
Generali (Milan, Italy)

Moderator:

Marie Bolton-Jones
Global Compliance Director - Financial Crime
Willis Towers Watson

• How to manage your remote workers effectively
• Meeting the challenges of internal control breakdowns
• Minimizing the risk of COVID-19 fraud
• Preparing for a possible cyber-attack
• Strategies to train your staff on sanctions

Senior Government Officials Discuss New Regulatory Landscape and Current Priorities for 2021

Leonard Frady
Sanctions Compliance Officer, Office of Foreign Assets Control
U.S. Department of the Treasury

Hear directly from prominent regulators on what is on the rader for the insurance and reinsurance industries including top enforcement priorities and recent policy changes and announcements.

Break

What to Expect Post-Election

Susan Leddy
Senior Legal Counsel
Swiss Re (Switzerland)

Damian Sepanik
Chief Compliance Officer
Zurich North America

Inna Tsimerman
Chief International Trade Counsel
Arthur J Gallagher

Moderator:

Satish M. Kini
Partner
Debevoise & Plimpton LLP

Senior executives will discuss their views on managing top risks facing insurance companies in 2021. Listen to top concerns post-election and tips on how to prepare for an unpredictable and rapidly changing environment.

VIRTUAL COMPLIANCE EXCHANGES

Participants will meet virtually by industry to discuss current challenges and practical solutions to common compliance challenges.

• Commercial Property & Casualty Insurance
• Life Insurance
• Reinsurance
• Maritime Insurance

Break

Face to Face Virtual Lunch Conversations

Chris Po-Ba
Senior Manager
Lloyds

Inna Tsimerman
Chief International Trade Counsel
Arthur J Gallagher

David Brummond
Of Counsel
Jacobson Burton Kelley (Washington, DC)

Take advantage of this opportunity to reconnect with your industry peers over a casual conversation.

Sanctions
Marine Advisories – How Can Insurance Companies Monitor Compliance?

AML
Digital Identification of Identifying and Legal Entities to Fight Financial Crime

Sanctions

Chris Po-Ba
Senior Manager
Lloyds

Joan Koenig
Director of Sanctions and Trade Compliance
Aon

AML

Eugenio (Gene) DiMira
Chief Identity Officer
The AML Shop

Nick Mothershaw
Chief Executive
Open Identity Exchange

Sanctions
Marine Advisories – How Can Insurance Companies Monitor Compliance?

• Highlights from recent OFAC and OFSI guidance
• Potential landmines to watch out for
• Tips to improve your screening
• Industry benchmarking through audience polling

AML
Digital Identification of Identifying and Legal Entities to Fight Financial Crime

• New guidance on digital identification and authentication
• High risk red flag indicators
• What countries are implementing this first?

Change Break

Sanctions
Regulatory Update: Managing the Complex Sanctions Landscape

AML
Regulation: FATF Developments and Other Regulations to Watch

Sanctions

Sandra Calmes
Senior Compliance Counsel, Global Compliance
Liberty Mutual Insurance

David Brummond
Of Counsel
Jacobson Burton Kelley (Washington, DC)

AML

Matthew Saint
Group Anti Money Laundering Officer
AXA Group

Andrew Davies
VP, Global Market Strategy, Financial Crime Risk Management
Fiserv

Sanctions
Regulatory Update: Managing the Complex Sanctions Landscape

• New sanctions on Russia
• Venezuela sanctions latest developments
• Iran – What to expect next
• Hong Kong sanctions

AML
AML Regulation: FATF Developments and Other Regulations to Watch

• New OFAC and FinCen guidance on ransomware and cryptocurrentcy
• International regulatory trends
• Tools to strengthen your compliance program
• High risk juristications to watch

Change Break

Sanctions
Audience Polling: Staying Compliant with Rigorous Sanctions Compliance Expectations

AML
Meeting Regulator Expectations on Cannabis Compliance

Sanctions

Lisa M. Tanzi
SVP, Deputy General Counsel, Secretary & Group Chief Compliance Officer
Sirius International Insurance Group Ltd.

Barbara Broussard
Partner
Sidley Austin LLP

AML

Sharon Cohen Levin
Partner
Sullivan & Cromwell LLP

Becki LaPorte
Director, Global Risk & Compliance
Computer Services, Inc.

Sanctions
Audience Polling: Staying Compliant with Rigorous Sanctions Compliance Expectations

• Benchmark your sanctions compliance program
• Obstacles to meeting OFAC sanctions compliance guidelines
• Status of rejected transaction reporting
• Sanctions audit best practices
• Scope of sanctions training

AML
Meeting Regulator Expectations on Cannabis Compliance

• Recreational vs medical regulations to watch
• Scope includes growers, distributors, related Services
• Due diligence best practices

Break

Top 5 Trends for Insurance Companies to Watch for 2021

Christine Brown
Vice President, Assistant General Counsel and Compliance Officer, Americas
SCOR

John Keough
Partner
Clyde and Co

Todd Corey
SVP & Head of Legal and Compliance
Sompo International

Claudia Botero Götz
Senior Lawyer
Gard (North America)

• New sanctions developments post Brexit
• Future of secondary sanctions
• Increase of Liquidations/Bankruptcy
• Sanctions Issues in acquisitions/divestitures
• Continued focus on marine insurers and shipping
• Cyber insurance and crypto-currency payments

End of Conference