Page 22 - 22nd Annual Summit program book

PRESENT A TIONS

Tuesday, October 18 | 4:00 PM | Trailblazers Ballroom

Dystopian DC: The Insurance Consequences

This presentation by Joel Wood will address the upshot and potential fallout of the midterm elections in November
with a focus on commercial insurance brokerage. Political polarization has rocked the country for the past six years,
and a deeply unhappy electorate has led to a crisis of legitimacy. Amid this dysfunction, is it more or less likely that an
agenda of positive legislation for the insurance community if control of one or both chambers of Congress is flipped?
Or, conversely, what kind of bad stuff might be coming our way that we need to stop? Broker consolidation has reached
epic peaks, and we will attempt to contextualize the M&A activity with public policy consequences.

Joel Wood, The Council of Insurance Agents & Brokers

Joel Wood is the Senior Vice President for Government Affairs and oversees CouncilPAC,
the association’s political action committee. He has been the top regulatory and
government affairs officer at The Council since 1993. He came to Washington a decade
earlier to work as a press and legislative director for Rep. Don Sundquist (R-Tenn.).
Over the course of his career, Wood has been deeply engaged in many issues impacting
the commercial insurance brokerage industry—from health insurance reform efforts to
terrorism reinsurance, to regulatory reforms both small and large, at both the federal
and the state level—and has received numerous accolades as one of the top lobbyists
in the financial services.

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