Professionals of JVP Partners, Inc

KENNETH M. WEINE, MBA, AIR

President, JVP Partners, Inc

Mr. Weine has over twenty years experience advising insurers, counsel, and regulators on Internal Audit, Compliance, and Financial and Market Conduct Examinations.

Mr. Weine has consulted with public insurance companies on internal controls and reporting including Governance, Internal Audit, Risk Assessment and Sarbanes-Oxley issues.

Additionally, he has provided Model Audit Rule and Internal Audit consulting to non-public insurers.

He has extensive examination experience with state insurance departments and the NAIC including overseeing six Risk-Focused Financial Examinations using the new Financial Condition Examiners Handbook.

Mr. Weine also assisted the NAIC’s Risk Assessment Working Group in drafting the Risk Focused changes to the NAIC’s Financial Condition Examiners Handbook and co-authored the current NAIC Receiver’s Handbook chapter on claims.

Additionally, he advised several commissioners and the NAIC’s Life Insurance and Annuities (A) Committee, Small Face Amount Working Group on its Market Conduct investigation.

Mr. Weine is the Chairman of the Insurance Forum Committee, an annual national insurance symposium featuring insurance commissioners, deputy commissioners, insurance and reinsurance company executives, and attorneys, who discuss current regulatory issues. He is also a frequent speaker at other industry events such as the Society of Financial Examiners.

Mr. Weine is a member of the Board of Directors for the International Association of Insurance Receivers and received his AIR accreditation from the organization. He is also an associate member of the Society of Financial Examiners.

Recent Engagements have included AIG, WellPoint, Zurich Insurance, Farm Family, Privilege Underwriters Reciprocal Exchange, SCOR Reinsurance, Aegon, and Proformance Insurance Company.

 

Presentations and Publications

• Chairman, The 2007 Insurance Forum – State and Federal Developments, Convergence with Capital Markets, 21st Century Governance, and Trends: The Latest from The Federal, State and Market Perspective. November 2007.

• SOFE – Illinois, Additional Factors to Consider in Financial Examinations - The Casualty Actuarial Task Force’s Recommendations on the Risk Based Approach. October 2007.

• SOFE CDS, The Casualty Actuarial Task Force’s Recommendations on the Risk Based Approach. July 2007.

• NY State Insurance Department, NJ Department of Banking and Insurance, Risk Focused Exam Training for Departments’ First Exams, and on the job training on First Exams. Year of 2007.

• Chairman, The 2006 Insurance Forum – New Perspectives on Insurance Industry Change: Regulation, Corporate Governance, Enterprise Risk, Management & Market Trends a Year After Spitzer. October 2006.

• Chairman, The 2005 Insurance Forum – The Latest Insurance Trends from Federal, State, and Market Viewpoints. December 2005.

• SOFE CDS, The Latest in Techniques to Monitor Solvency, July 2005. This speech covered the identification and evaluation of enterprise risks for entry for the Risk Matrix in the new handbook.

• Ken Smith Memorial Regulators Program, New Risk Based Examination Techniques & How to Make Them Work in Solvency Regulation, Bloomington, IL. June 2005.

• SOFE – Illinois, New NAIC Risk Assessment Techniques. April 2005.

• Chairman, The 2004 Insurance Forum – Regulation, Opportunity, Trends and Sarbanes Oxley: The Latest from The Federal, State and Market Perspective. October 2004.

• Chairman, The 2003 Insurance Forum – New Challenges, Regulation & Opportunity in the Insurance Industry – How State, Federal and Market Influences Have Changed and What’s Coming Next. September 2003.

• Chairman, The 2002 Insurance Forum – The State of the Insurance Industry Post GLB and 9/11. August 2002.

NAIC Receiver’s Handbook – Co-Author of Claims Chapter.

 

Professional

• Accredited Insurance Receiver (AIR) in Claims and Guaranty Funds.

• Board of Directors – International Association of Insurance Receivers (IAIR).

• Member (Associate), Society of Financial Examiners.

• IAIR Publications Committee – Lead Articles (2003 - )

• IAIR Education Committee – (2006 - )

• Advisory Member, NAIC Receiver’s Handbook Committee (2002 - 04).

• Director, Board of Directors, 10 Step Corporation, Chicago, Illinois (2001 - 04)

 

Education

University of Illinois, Urbana-Champaign, IL, BA in Economics with Honors

Indiana University, Bloomington, Indiana, MBA in Finance with Honors

 
 
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