ShelterPoint Life Insurance Company (“ShelterPoint Life”) has announced that David Melman, Senior Vice President of Government Affairs and Chief Legal Officer, has been appointed to the Board of Directors for the Life Insurance Council of New York. He will serve a four year term beginning January 1, 2022 through 2025.
“I am honored to be elected to the Board of Directors of LICONY. LICONY is committed to advancing the interests of New York’s life insurers for the benefit of all New Yorkers and their families. I look forward to serving as a Board member and working with LICONY’s dedicated team and member life insurance companies,” commented David Melman on his appointment to LICONY’s Board of Directors.
David Melman has been with ShelterPoint Life for almost a decade, where he directs daily compliance monitoring and response activities, heads up the special investigation unit, and oversees all legal activities as well as state lobbying and governmental affairs initiatives.
“We are delighted to welcome our newest members to the LICONY Board of Directors,” said LICONY President and CEO Richard A. Loconte. “These veteran executives know our organization well; and the diverse experience they bring from their combined decades of experience in the life insurance industry will be instrumental in advancing our advocacy with our legislative and regulatory stakeholders.”
Click here to read the full announcement on the new board members for LICONY.
About ShelterPoint
Since its inception in 1972, ShelterPoint Life, a NY-domiciled insurance carrier, has grown into New York’s largest1 Statutory Short-Term Disability and Paid Family Leave carrier. The company also specializes in state-mandated benefit programs beyond New York – including NJ, CT, MA – and provides other employee benefits to round out its product portfolio. Currently, ShelterPoint Life insures more than 184,000 NY employers with 1.9 million NY employees.2 The ShelterPoint family of companies consists of ShelterPoint Life and its wholly-owned subsidiary ShelterPoint Insurance Company, a FL-domiciled carrier, depending on the state (see our Geographic & Jurisdictional Notice here). The ShelterPoint family of companies operates under the “ShelterPoint” name strictly as a marketing name, and no legal significance is expressed or implied. ShelterPoint is a registered service mark.
1 State of New York Workers’ Compensation Board, form DB-680, 2016 – applies to statutory disability premiums under ShelterPoint Life Insurance Co. only
2Based upon ShelterPoint Life Insurance Company policyholder and certificate holder count as of 02/26/20
About LICONY
LICONY is the trade association representing the life insurance industry doing business in New York State. LICONY’s 58 domestic and 21 nondomestic member companies together provide the vast majority of life, disability income, long-term care insurance and annuity benefits for New Yorkers. LICONY is governed by a 16-member Board of Directors that meets at least four times a year.