Insurance Accounting & Systems Association

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The Insurance Accounting & Systems Association (IASA) is a volunteer based non-profit 501 (c) 3 educational organization aimed at facilitating the exchange of ideas and information within the insurance industry as it relates to the core areas of accounting, finance, operations, systems, taxation, and technology through conferences, publications, and online learning. With over 1000 sponsors, the IASA is one of the insurance industry's largest and most well represented trade associations. Membership includes insurance companies of all types (Property, Casualty, Life, Health, Fraternal, HMO, and others), as well as businesses serving and aligned with the insurance industry, such as regulators, banks, and investment brokerage firms.

Insurance Accounting & Systems Association

Abbreviation	IASA
Motto	Progress Through Sharing Knowledge
Formation	14 April 1928 (1928-04-14)
Headquarters	Durham, NC
Website	iasa.org

History

The IASA can trace its formation back to 14 April 1928 when J.L. "Jack" Harrigan, the Peoria, IL representative of the Tabulating Machine Company (the precursor to IBM), met with members from seven Illinois and Iowa life insurance companies, two representatives from the Tabulating Machine Company, and one representative from the Illinois Insurance Department to demonstrate, inform, and blend the many uses of the new mass-tabulating technology with the life insurance business. It was determined this group would meet regularly to voice new technological applications and uses within the industry to increase productivity. At the end of that day, what was originally called the "Life Office Methods Association" was established.

At the fifth meeting of the organizing companies, on 18 May 1929, a constitution of by-laws were adopted concerning the group's membership, purpose, leadership, dues, etc. The initial founding members of the association included: Lincoln National Life Insurance Company, American Bankers Insurance Group, Guaranty Life Insurance Company, Illinois Bankers Life Association, Insurance Division (State of Illinois), Peoria Life Insurance Company, Register Life Insurance Company, Springfield Life Insurance Company and the Tabulating Machine Company.

On 26 May 1933, the name of the association was changed to the Insurance Accounting and Statistical Association (IASA) in order to avoid confusion with the Life Office Management Association.

In June 1940 the association issued the first edition of The Interpreter ® magazine.

In 1983 the name of the association was changed again to the current name of the Insurance Accounting and Systems Association (IASA).

Annual Conference

One of IASA's largest events is the Annual Educational Conference and Business Show, a 4-day summit including educational sessions, product and service exhibitors, exclusive executive roundtable events, and nationally prominent keynote speakers. Previous keynote speakers have included former United States President Bill Clinton in 2014 and both former Secretary of State Condoleezza Rice and NFL quarterback Payton Manning in 2015. The 2016 conference is to be held in San Antonio, TX with former United States President George W. Bush and Navy Seal Robert O'Neill as the keynote speakers.

Chapters

Since the 1950s, the IASA has had a local chapter network. These local chapters, which operate in cooperation with the national office, cover most of the United States and conduct regional meetings every year.

External links

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