BACKGROUND

The Society of Insurance Financial Management (SIFM), known until 1994 as the Society of Insurance Accountants, has been providing service to the insurance industry and its people since 1959.  Annual membership dues of $125 and quarterly meeting fees of $125 (includes lunch) make SIFM membership a cost-effective source of continuing professional education credits each year.

 MISSION

The Society currently provides a timely forum for discussing current insurance industry issues relating to financial accounting and reporting, reinsurance, taxation, regulatory developments and other relevant topics.

Presenters are professionals and senior executives with major accounting firms, insurance companies, insurance related service organizations and rule setting organization (e.g., FASB, SEC, NAIC, IRS).

The SIFM offers CPE credits for meetings and is registered with the New York State Education Department (License No. 000455) and the National Association of State Boards of Accountancy (Sponsor ID #103140) as a sponsor for continuing professional education.

MEMBERSHIP

Officers, managers and other employees of insurance and reinsurance companies and service organizations affiliated with the insurance industry are members of the Society.

Current membership total approximately 600 individuals from over 250 different companies, and includes controllers, treasurers, chief financial officers, partners and managers from public accounting firms, as well as personnel specializing in financial reporting, taxes, planning and analysis.

MEETINGS

The Society conducts three one-day quarterly meetings in New York City (March, June, December), and a three day Annual Conference (September/October) at a resort conference site.