ICMIF/Americas Annual Members’ Meeting...ICMIF/Americas Annual Members’ Meeting December 1, 2016...

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ICMIF/Americas Annual

Members’ Meeting December 1, 2016

Lima, Peru

In Memorium

Raphael Moliterno Neto

Director-President, Seguros Unimed, Brazil Chairman, ICMIF/Americas

2013 – 2015

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Annual Meeting of Members RulesAnnual Meeting of Members Rules

• Chapter III: Holding of Annual Meeting, Discussion and Agreements

• Article 7. Holding of Annual Meeting

• Article 8. Conduct and rules of discussion

• Chapter III: Holding of Annual Meeting, Discussion and Agreements

• Article 7. Holding of Annual Meeting

• Article 8. Conduct and rules of discussion

Annual Meeting of Members RulesAnnual Meeting of Members Rules

• Article 9. Discussion of issues.

• Article 10. Board of Directors Agreements.

• Article 11. Discussion of issues already voted on.

• Article 9. Discussion of issues.

• Article 10. Board of Directors Agreements.

• Article 11. Discussion of issues already voted on.

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Voting Process Voting Process

• Member Official Voting Delegate

• Please use the colored cards:

GREEN = Yes, in agreement

RED = No, in disagreement

YELLOW = Abstention

• Member Official Voting Delegate

• Please use the colored cards:

GREEN = Yes, in agreement

RED = No, in disagreement

YELLOW = Abstention

1. Review of Annual Report and Financials for the period from 1-1-15 to 31-12-15

1. Review of Annual Report and Financials for the period from 1-1-15 to 31-12-15

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Chair’s ReportChair’s Report

Georgina Díaz SánchezChair, ICMIF/Americas

General ManagerSociedad de Seguros de Vida

del Magisterio NacionalSan José, Costa Rica

Georgina Díaz SánchezChair, ICMIF/Americas

General ManagerSociedad de Seguros de Vida

del Magisterio NacionalSan José, Costa Rica

ICMIF/Americas Board of TrusteesICMIF/Americas Board of Trustees

• Georgina Díaz, Costa Rica

• Paul Hanna, Canada

• Andrés Elola, Uruguay

• Rockne CorbinUSA

• Christopher Kopka, USA

• Rosana Ibarrart, Argentina

• Georgina Díaz, Costa Rica

• Paul Hanna, Canada

• Andrés Elola, Uruguay

• Rockne CorbinUSA

• Christopher Kopka, USA

• Rosana Ibarrart, Argentina

• Daysi RosalesEl Salvador

• Roberto Castro Puerto Rico

• Boris QuiroaGuatemala

• Carlos Benítez, Paraguay

• Helton Freitas,Brazil

• Daysi RosalesEl Salvador

• Roberto Castro Puerto Rico

• Boris QuiroaGuatemala

• Carlos Benítez, Paraguay

• Helton Freitas,Brazil

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Board MeetingsBoard Meetings

1. San Juan, Puerto Rico March 8-10, 2016

2. Washington, DC, USAJuly 12-14, 2016

3. Lima, Perú November 30, 2016

Secretary’s ReportSecretary’s Report

presented by

Rosana IbarrartGeneral Manager

Seguros RivadaviaArgentinta

presented by

Rosana IbarrartGeneral Manager

Seguros RivadaviaArgentinta

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Meeting Minutes ApprovalMeeting Minutes Approval

• ICMIF/Americas Annual Member’s Meeting Minutes

Mexico City, MexicoAugust 13, 2015

• ICMIF/Americas Annual Member’s Meeting Minutes

Mexico City, MexicoAugust 13, 2015

Executive Director´s Report

Executive Director´s Report

Edward Potter, CAE

Executive DirectorICMIF/Americas

Edward Potter, CAE

Executive DirectorICMIF/Americas

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GOAL: Unique Networking GOAL: Unique Networking

• 24th Annual Conference, Mexico City, México

• ICMIF Strategic Decision Making Workshop

• LARG Conference, Asunción, Paraguay

• Financial and Insurance Meeting, Panama City, Panamá

• 24th Annual Conference, Mexico City, México

• ICMIF Strategic Decision Making Workshop

• LARG Conference, Asunción, Paraguay

• Financial and Insurance Meeting, Panama City, Panamá

GOAL: Influence GOAL: Influence

XXV Annual Conference of ASSAL San José, Costa Rica

Regulatory Leaders Issues Forum , Latin American RegionSan José, Costa Rica

XXV Annual Conference of ASSAL San José, Costa Rica

Regulatory Leaders Issues Forum , Latin American RegionSan José, Costa Rica

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GOAL: DevelopmentGOAL: Development

The 5-5-5 Plan for Emerging MarketsICMIF Foundation

The 5-5-5 Plan for Emerging MarketsICMIF Foundation

During the next five 5 years

Develop inclusive insurance in 5emerging markets

To reach 5 million low incomehouseholds (25 millones de personas)

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Why the 5-5-5 Plan?Why the 5-5-5 Plan?

• To facilitate financial inclusion among underserved populations and expand membership in cooperatives and mutuals and expand the creation of new markets

• To reach scale against national and international commercial insurers

• To show the value and potential of the microinsurance model to national and international governments, the insurance industry, the media.

• To facilitate financial inclusion among underserved populations and expand membership in cooperatives and mutuals and expand the creation of new markets

• To reach scale against national and international commercial insurers

• To show the value and potential of the microinsurance model to national and international governments, the insurance industry, the media.

Expressions of InterestExpressions of Interest

• El Salvador

• Peru

• Guatemala

• Paraguay

• Dominican Republic

• Honduras

• Mexico

• Colombia

• El Salvador

• Peru

• Guatemala

• Paraguay

• Dominican Republic

• Honduras

• Mexico

• Colombia

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Treasurer’s ReportTreasurer’s Report

Rockne Corbin

Senior Vice President, General Manager, Reinsurance

Shelter Mutual Insurance Company

Rockne Corbin

Senior Vice President, General Manager, Reinsurance

Shelter Mutual Insurance Company

Statement of Financial PositionStatement of Financial Position

January 1 – December 31, 2015

Cash = USD 8,472

Investments = USD 146,268

Prepaid Expenses = USD 1,331

Total Assets = USD 156,017

January 1 – December 31, 2015

Cash = USD 8,472

Investments = USD 146,268

Prepaid Expenses = USD 1,331

Total Assets = USD 156,017

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Statement of Financial PositionStatement of Financial Position

January 1 – December 31, 2015

Total Liabilities = USD 317

Net Assets = USD 155,754

Fund Balance = USD 156,071

January 1 – December 31, 2015

Total Liabilities = USD 317

Net Assets = USD 155,754

Fund Balance = USD 156,071

Statement of ActivitiesStatement of Activities

January 1 – December 31, 2015

Member Dues = USD 200,000Conference = USD 104,271 Contributions = USD 50,013 Investment Income = USD (1,215)

Total Revenues = USD 353,069

January 1 – December 31, 2015

Member Dues = USD 200,000Conference = USD 104,271 Contributions = USD 50,013 Investment Income = USD (1,215)

Total Revenues = USD 353,069

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Statement of ActivitiesStatement of Activities

Program servicesConf. and meetings = USD 249,988

General/Management= USD 151,716

Total Expenses = USD 401,704

Change in net assets = USD (48,635)

Net Assets = USD 155,754

Program servicesConf. and meetings = USD 249,988

General/Management= USD 151,716

Total Expenses = USD 401,704

Change in net assets = USD (48,635)

Net Assets = USD 155,754

Actions of Officers & Directors

Actions of Officers & Directors

• Ratification of Actions of Officers and Directors

• Ratification of Actions of Officers and Directors

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2. Board of Trustee Elections

2. Board of Trustee Elections

Nomination Process Nomination Process

presented by

Paul HannaVice Chair, ICMIF/Americas

Chair, Nomination CommitteeExecutive Vice President Member Relations and Corporate Services

The Co-operators Group

presented by

Paul HannaVice Chair, ICMIF/Americas

Chair, Nomination CommitteeExecutive Vice President Member Relations and Corporate Services

The Co-operators Group

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CandidatesCandidates

• Georgina Díaz SánchezSociedad de Seguros de Vida del Magisterio NacionalCosta Rica

• Roberto Castro HiraldoCooperativa de Seguros MúltiplesPuerto Rico

• Carlos Villa RendónLa Equidad SegurosColombia

• Georgina Díaz SánchezSociedad de Seguros de Vida del Magisterio NacionalCosta Rica

• Roberto Castro HiraldoCooperativa de Seguros MúltiplesPuerto Rico

• Carlos Villa RendónLa Equidad SegurosColombia

Board Officers2016-2017

announcement at the conference conclusion

Board Officers2016-2017

announcement at the conference conclusion

• Chair

• Vice Chair

• Treasurer

• Secretary

• Chair

• Vice Chair

• Treasurer

• Secretary

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3. Other Business3. Other Business

Executive Director´s Reportfor the current year

Executive Director´s Reportfor the current year

Edward Potter, CAE

Executive DirectorICMIF/Americas

Edward Potter, CAE

Executive DirectorICMIF/Americas

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We´ve moved!We´ve moved!

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ICMIF/Américas1775 Eye Street, NW, 8th floorWashington, DC 20006 EE.UU.Tel: +1 202 442-2305Fax: +1 202 318-0753E-mail: ed@icmif.org Web: www.icmifamericas.org

GOAL: Influence GOAL: Influence

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ASSAL ConferenceRio de Janeiro, Brazil

April 18-20, 2016

ASSAL ConferenceRio de Janeiro, Brazil

April 18-20, 2016

Regulatory Leaders Issues ForumRegulatory Leaders Issues Forum

• Latin American Region

• Rio de Janeiro, Brazil

• April 20, 2016

• 35 participants

• IAIS / ASSAL Supervisors

• Latin American Region

• Rio de Janeiro, Brazil

• April 20, 2016

• 35 participants

• IAIS / ASSAL Supervisors

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Regulatory Leaders Issues ForumRegulatory Leaders Issues Forum

Regulators Panel

GOAL: Unique Knowledge GOAL: Unique Knowledge

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Financial ResearchFinancial Research

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Strategic ResearchStrategic Research

• ICMIF Global Reputation Report

• Visibility ↑ 11% since 2013

• Share of Voice↑ 93%

• Positive Sentiment↑ 60%

• ICMIF Global Reputation Report

• Visibility ↑ 11% since 2013

• Share of Voice↑ 93%

• Positive Sentiment↑ 60%

PublicationsPublications

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GOAL: Unique Networking GOAL: Unique Networking

24th ICMIF/Americas Annual Conference24th ICMIF/Americas Annual Conference

• 115 participants

• 18 countries

• 10 presentations

• 24 speakers

• $8,000 sponsorships

• 115 participants

• 18 countries

• 10 presentations

• 24 speakers

• $8,000 sponsorships

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Latin American Reinsurance GroupLatin American Reinsurance Group

• August 22-26, 2016

• Host: Seguros Futuro, El Salvador

• Innovating to Strengthen our Competitiveness

• 100+ participants

• August 22-26, 2016

• Host: Seguros Futuro, El Salvador

• Innovating to Strengthen our Competitiveness

• 100+ participants

VI Financial and Insurance MeetingVI Financial and Insurance Meeting

Montevideo, UruguayNovember 16, 2016

Sergio Fuentes Carlos Benitez Alejandro AsenjoSURCO, Uruguay Tajy, Paraguay La Segunda

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GOAL: DevelopmentGOAL: Development

Países seleccionadosPaíses seleccionadosLos cinco mercados emergentes seleccionados para el desarrollo del seguro mutual inclusivo para los próximos cinco años son:

Five Initial Countries for 5-5-5 Plan

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A three steps impact focused strategy

A three steps impact focused strategy

5-5-5 Plan5-5-5 Plan

• Country Diagnostic Study

• Colombia

• Field work

• Colombian Cooperative Insurers

• Afternoon session with Dr. Andrea Camargo

• Country Diagnostic Study

• Colombia

• Field work

• Colombian Cooperative Insurers

• Afternoon session with Dr. Andrea Camargo

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In RecognitionIn Recognition

In RecognitionIn RecognitionAndrés Elola

General Manager, SURCOSecretary, ICMIF/Americas

Andrés ElolaGeneral Manager, SURCOSecretary, ICMIF/Americas

14 years of service to ICMIF/Américas 2002 - 2016

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ICMIF Biennial

Conference

London, UK

October 17-202017

WISHING YOU MUCH CONTINUING SUCCESS IN

2017

WISHING YOU MUCH CONTINUING SUCCESS IN

2017