To bolster company’s focus on tackling best interest standards for Life Distribution
SAN DIEGO –Ensight, the leading life and annuity digital sales platform, today announced that Howard Mills, former Superintendent of the New York State Insurance Department and Senior Advisor at the Deloitte Center for Regulatory Strategies, has been appointed to its Board of Directors.
The appointment will bring Mills’ insurance regulatory leadership to the Ensight Board of Directors as the company continues to expand the technology platform’s market-leading compliance functionality. Mills’ appointment will help shape Ensight’s strategic direction in order to help Life and Annuity manufacturers, distributors and financial professionals address the changing regulatory landscape, such as the evolving Best Interest (BI) regulations.
“Howard is one of the foremost insurance regulatory experts in the United States today. His broad depth of experience and expertise is unparalleled and will help Ensight continue our focus on the digital compliance innovation required to meet the emerging financial services environment, including new Best Interest standards,” said Bill Unrue, CEO, Ensight. “He will be an outstanding addition to our board.”
Howard Mills is a retired Deloitte Managing Director and Global Insurance Regulatory Leader and currently serves as an Independent Senior Advisor at the Deloitte Center for Regulatory Strategies. Prior to joining Deloitte in 2007, he served as Superintendent of the New York State Insurance Department. During his tenure, he led the Department’s transition to conducting risk-based examinations, was a leader at the National Association of Insurance Commissioners on issues such as principles-based reserving for life insurance companies, terrorism risk insurance, and disaster preparedness.
Prepared For The Future
“I am extremely pleased to be joining the Ensight Board. The future of insurance distribution will depend upon making products easier to understand for financial professionals and consumers, creating better financial planning decisions more aligned to financial needs and risk tolerance,” commented Mills.
“In today’s ‘digital first’ world, greater adoption of life insurance and annuities is contingent on this step forward. As a former regulator, I understand how important it is for insurers and producers to also remain compliant with stringent best interest standards. Ensight is the market leading sales compliance platform to help accomplish this difficult task.”
Prior to joining Ensight, Mills was an active member of the International Association of Insurance Supervisors and the Presidential Financial and Banking Information Infrastructure Committee. He also served as co-chair of the International Commission on Holocaust Era Insurance Claims and testified before Congress on matters impacting the insurance industry.
Mills is a Governance Fellow at the National Association of Corporate Directors and has over 30 years of experience serving on the boards of numerous not-for-profit organizations.
Currently, he serves on the Board of Directors of the Insurance Federation of New York and as an Advisory Council Member of The Institutes Griffith Insurance Education Foundation. Mills was elected to three terms in the New York State Assembly where he was a member of the National Conference of Insurance Legislators and rose to become the Deputy Minority Leader.
To learn more about Ensight at https://www.ensightcloud.com/.
About Ensight™ Ensight™ is the leading cloud-based insurance sales acceleration platform for more than 500 Life and Annuity distributors, thousands of financial professionals, as well as many of the largest North American insurance carriers. Headquartered in San Diego, California, Ensight helps drive sales growth and productivity, while addressing the entire sales lifecycle experience – from prospect to policyholder, new business to inforce.