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OVERVIEW OF THE REGULATORY AND COMPLIANCE OBLIGATIONS OF INSURANCE PRODUCERS, AGENTS AND BROKERS

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Mike Griffin of ACCEL Compliance elected to PIMA Board of Directors and appointed new Legislative and Regulatory Committee Chair

ACCEL Compliance is pleased to announce that its President, Mike Griffin, has been elected to the Board of Directors of the Professional Insurance Marketing Association (PIMA). Griffin was also appointed the new chair of the Legislative and Regulatory Committee by incoming President Bill Suneson.

Griffin commented, “This is a great honor and I’m excited to work with my PIMA colleagues to continue to move the organization forward and benefit its members. As noted in the PIMA 2020 Report, regulatory issues represent one of the most difficult challenges facing the affinity insurance marketplace. I look forward to sharing my experience in this space and continuing the work of the prior chairs of this vital committee.”

According to Suneson, “PIMA is fortunate to have someone of Mike Griffin’s caliber share his energy and expertise to lead the next phase of PIMA’s legislative and regulatory initiative. I have worked with Mike both professionally and through PIMA over the years and he has demonstrated a deep knowledge of our industry and the regulatory and compliance issues facing PIMA members. He has made significant contributions to PIMA and is a valued resource to our membership.”

Griffin has been an active PIMA member and contributor since 2011. He served on the Affinity 2020 Task Force and Legislative and Regulatory Task Force and was a contributing author on two PIMA white papers. Mike co-chaired the 2015 Annual Meeting and in 2014 was awarded the Presidential Distinguished Service Award by former PIMA President Sam Fleet.


About ACCEL Compliance and ACCEL Law Group

ACCEL Compliance and ACCEL Law Group offer a broad range of insurance transactional, regulatory and compliance services designed to allow insurance agencies, brokers and TPAs to focus on their business objectives with confidence. From efficient outsourced license management to sophisticated legal strategies, ACCEL is a new kind of insurance compliance partner that removes obstacles on its client’s path to success.

About Mike Griffin

Mike Griffin is President of ACCEL Compliance and Principal at ACCEL Law Group. He has served as a trusted advisor to the insurance industry for more than 17 years.   A former partner in the internationally recognized insurance regulatory and transactional practice of the law firm formerly known as Edwards & Angell, Mike provides strategic regulatory and compliance advice to domestic and international clients from all segments of the insurance and reinsurance industry, including insurance and reinsurance companies, producers, brokers and third party administrators. He has extensive experience in assisting clients with a broad range of regulatory matters, including the formation, and licensing of insurers, reinsurers, producers and third party administrators. Mike regularly assists insurers, third party administrators and associations and other groups with regulatory considerations in the marketing and sale of group and affinity insurance programs. Mike is a member of the Federation of Regulatory Counsel, a national association of attorneys specializing in insurance regulatory law.

About PIMA

Since 1974, the Professional Insurance Marketing Association has served and convened the leading agents, brokers, distributors, administrators, product manufacturers, underwriters, and direct marketers of insurance programs and related affinity benefits and services, a marketplace with an estimated value of over $60 billion. PIMA’s mission is to connect and empower the leaders in the affinity benefits industry to thrive in a dynamic marketplace.

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