The Federal Reserve Board has announced its search for individuals with diverse expertise in life, property and casualty, and reinsurance matters to join its Insurance Policy Advisory Committee (IPAC). The IPAC is made up of 21 members who serve staggered three-year terms and come from various professional backgrounds, including insurance accounting, actuarial science, academia, insurance regulation, and policyholder advocacy. Each year, the Board selects seven individuals for new three-year terms and may fill any unexpired vacancy with additional appointments. Interested individuals can submit a Statement of Interest to the Board between August 7 and October 2, 2023. The appointment of new members will be announced later this year, and more information about the selection process and how to apply can be found in the Federal Register notice.
Read the original Federal Reserve release here.
