Press Release

December 12, 2017

Contact: Richard Loconte, 212-709-1691


The 10-Member Advisory Board Will Advise the Superintendent on Furthering DFS’s Mission and Goals as They Relate to the Insurance Industry

Diverse Members from All Sectors and Consumer Representatives Are Appointed by the Superintendent for a Three-Year Term

Financial Services Superintendent Maria T. Vullo today announced the 10 appointees who will serve on the newly formed Department of Financial Services (DFS) State Insurance Advisory Board.  Governor Andrew M. Cuomo signed legislation to create the board earlier this year.  The board, which is charged with working with the Superintendent to further DFS’s goals as they relate to the insurance industry, must consist of seven representatives of domestic insurance companies; one insurance producer; and two consumer representatives. The board’s members, each appointed by the Superintendent to a three-year term, serve without compensation.

“DFS is committed to ensuring that New York State’s property, life and health insurers meet the needs of consumers informed by dialogue and feedback,” said Superintendent Vullo.  “The broad membership and diverse makeup of the advisory board represent important parts of listening to all constituents as DFS accomplishes our mission and goals.”

The following individuals will serve on the State Insurance Advisory Board for three-year terms, beginning in 2018:

  • David W. Anderson, President & CEO, Health Now
  • Chuck Bell, Programs Director, Consumers Union
  • Lucy Fato, Executive Vice President & General Counsel, AIG
  • Roger W. Ferguson, Jr., President & CEO, TIAA
  • Karen Ignagni, President & CEO, Emblem Health
  • Deanna Mulligan, President & CEO, Guardian Life Insurance Company
  • Jacqueline Quintal, Managing Director, Financial Institutions Practice Leader, Aon Risk Solutions
  • Diane K. Spicer, Supervising Attorney, Community Health Advocates, Healthcare for All New York Campaign, Community Service Society
  • Bernie Turi, Senior Vice President & General Counsel, Utica National Insurance Group
  • Michael Zarcone, Executive Vice President & Head of Corporate Affairs, MetLife

The 10-member board is required to meet once annually.