Workers expect their defined contribution plans to play a greater role in their retirement income than annuities.
WASHINGTON, Feb. 5 -- The Property Casualty Insurers Association of America issued the following news release:
The Property Casualty Insurers Association of America (PCI) today announced the addition of three new hires. Tom Glassic will join the association as vice president, policy and government relations, Nicole Austin will join the association as assistant vice president, federal government relations, and Ann Gray will be promoted to director, federal government relations.
"We are pleased to announce that Tom Glassic will join PCI as vice president, policy and government relations, Nicole Austin will join PCI as assistant vice president, federal government relations, and Ann Gray will be promoted to Director, Federal Government Relations," said David A. Sampson, PCI's president and CEO. "These additions to our Washington office will significantly enhance PCI's influence and reputation as a leading voice for the P&C industry at the federal level. The deep policy knowledge, longstanding relationships and rich experiences of these individuals will augment our Federal Government Relations Office and Policy Shop at a time when critically important issues to the P&C industry are under consideration in Washington. Tom, Nicole, and Ann will be valuable additions to PCI's Washington office as we work to identify and address threats which affect our members."
"Tom is one of the most experienced and respected people in the insurance industry. His wealth of experience in insurance as a policy maker, regulator and industry adviser will benefit our Federal Government Relations and Policy Departments. Tom's advice on international, federal, and state insurance legislative and regulatory developments will be instrumental as we advance PCI's mission to promote and protect the viability of a competitive private insurance market for the benefit of consumers and insurers," said Robert Gordon, PCI's senior vice president, policy development and research.
"We are very pleased to welcome Nicole to PCI. Nicole brings experience on many of the key federal issues that are top priorities for PCI, including Biggert-Waters and the Dodd-Frank Act. She will be a valuable addition to PCI's federal government relations team as we work to advance our federal advocacy agenda," said Nat Wienecke, PCI's senior vice president, federal government relations.
"Ann's experience and vast knowledge of PCI operations are well respected amongst her colleagues and we are pleased that she will join PCI's federal government relations team," said Wienecke.
Previously, Glassic was of counsel at Sutherland Asbill & Brennan, where he advised insurance clients on application of all insurance-related Dodd-Frank Act provisions, including those pertinent to the Federal Insurance Office, the Financial Stability Oversight Council (FSOC) and the designation and ultimate supervision of systemically significant non-bank financial institutions. Immediately before returning to private practice, Glassic was the general counsel of the District of Columbia Department of Insurance, Securities & Banking. Prior to that, he served as senior counsel to Chairman Barney Frank, at the House of Representatives Committee on Financial Services where he was the leading legal adviser on all insurance issues in the Dodd-Frank Act, including insurance industry ramifications of FSOC designation and the creation of the Federal Insurance Office. Glassic drafted or reviewed all insurance-related legislation before the Committee during his tenure, including legislation concerning the Terrorism Risk Insurance Program and the National Flood Insurance Program. Glassic holds a Juris Doctor, with honors, from the George Washington University Law School and a Bachelor of Arts, with honors, from the College of William & Mary.
With 12 years of experience in federal government activity, Austin most recently served as policy advisor in the Treasury Department's Office of the Special Inspector General for the Troubled Asset Relief Program, where she was responsible for advising on federal financial services policy, research, reports, and recommendations. In Congress, she served as Republican professional staff on the House Committee on Financial Services, staff director for the Subcommittee on Insurance, Housing and Community Opportunity, and in the office of U.S. Representative Judy Biggert. She drafted, guided and managed legislation, including the Biggert-Waters Flood Insurance Reform Act of 2012 and insurance provisions within the Dodd-Frank Act including the creation of the Federal Insurance Office. For the House Financial Services Committee, she arranged Congressional hearings on issues ranging from the Terrorism Risk Insurance Program to international insurance matters. Austin also served as a senior Republican advisor for Members of significant House leadership teams, including the Dodd-Frank Act conference committee. Austin holds a Bachelor of Arts from Hamilton College.
Gray, who has been serving as PCI's Assistant to the President and Director of Washington, D.C. Operations for the past six years, will be promoted and transition to the team as Director, Federal Government Relations. Ann brings over 20 years of experience in executive operations at the highest levels of the U.S. government including the U.S. Department of Commerce, The White House, and office of U.S. Representative Spencer Bachus. Gray holds a Bachelor of Arts from Saint Mary's College. She is also a candidate for Master of Business Administration from University of Virginia Darden School of Business.
These changes come on the heels of PCI's expansion of its political engagement activities last year where PCI created its new Political Engagement Department that brought together PCI's state and federal PAC, political engagement initiatives, compliance, and grassroots functions. "PCI is building a team of the best and brightest talent to reinforce our position as the leading P&C advocacy team to advance our federal agenda," concluded Wienecke.
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