Federal Reserve Board announces inaugural 21 members of the Insurance Policy Advisory Committee

The Federal Reserve Board on Wednesday announced the inaugural 21 members of the Insurance Policy Advisory Committee (IPAC). The IPAC provides information, advice, and recommendations to the Federal Reserve Board on domestic and international insurance issues, including negotiations at the International Association of Insurance Supervisors (IAIS).

The inaugural IPAC members include expertise in life insurance, property and casualty insurance, and reinsurance. Members have professional backgrounds in insurance accounting, actuarial science, academia, insurance regulation, policyholder advocacy, capital markets, and other areas.

The inaugural IPAC members will serve staggered terms ranging from one to three years. Starting next year, the Board intends to annually appoint new members to the IPAC to serve three-year terms.


Keith Bell
Senior Vice President, Corporate Finance

Birny Birnbaum
Center for Economic Justice
Executive Director

John Bruno
The Auto Club Group
Executive Vice President, General Counsel, Secretary & Chief Human Resources Officer

Joseph Engelhard
Senior Vice President, Head of Regulatory Policy Group

Bridget Hagan
The Cypress Group
Partner, Head of Insurance Practice Group

Halina von dem Hagen
Global Treasurer and Head of Capital Management

Michael Ferik
Chief Financial Officer

Tom Finnell
Finnell & Co. LLC
Former Vice Chair of the IAIS’s Capital Solvency and Field Testing Working Group

William Hines
Principal & Consulting Actuary

Laura Lazarczyk
Zurich Insurance
Chief Legal Officer of Zurich North America

Michael Lockerman
PricewaterhouseCoopers LLP

Patricia McCoy
Boston College Law School
Liberty Mutual Insurance Professor of Law

Julie Mix McPeak
Greenberg Traurig, LLP
Former President of the NAIC and Vice Chair of IAIS’s Executive Committee

Wayne Peacock
President, Property & Casualty Group

Maurice Perkins
Senior Vice President, Global Head of Government & Policy Affairs

Pooja Rahman
New York Life
Vice President and Head of Financial Risk Management

Angela Ripley
VW Brown Insurance Service

Kevin Root
Church Mutual
Executive Vice President, Operations

Aaron Sarfatti
AXA Equitable Life
Chief Risk Officer

Gray Schweitzer
Head of U.S. Financial Institutions Group Debt Capital Markets

Joseph Sieverling
Reinsurance Association of America
Senior Vice President and Director of Financial Services