About LICONY
Mission
To create and maintain a legislative, regulatory, and judicial environment in the State of New York that encourages the members of LICONY to conduct and grow their life insurance businesses.
Vision
To be the principal voice of the life insurance industry operating in New York State and to be the most influential insurance voice in the New York legislative and regulatory process.
LICONY Board of Directors
Officers
Kermitt Brooks, Chair
Chief Legal Officer
The Guardian Life Insurance Company of America
Senior Vice President, General Counsel & Corporate Secretary
Allianz Life Insurance Company of North America
Senior Vice President, Chief Legal Officer and Secretary
Allianz Life Insurance Company of New York
Mutual of America Financial Group
Executive Vice President Corporate Affairs
MetLife
Directors
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José Ramón González
Chief Legal Officer and Corporate Secretary
Equitable Financial Life Insurance Company -
Kirk Gravely
President & Chief Executive Officer
Security Mutual Life Insurance Company of New York -
Bret Hester
Executive Vice President and General Counsel, Strategy, Policy & Operations
TIAA -
Jeannette Hunte
President & Chief Executive Officer and Chief Operating Officer
National Benefit Life Insurance Company -
Allie Lin
Executive Vice President, General Counsel
Brighthouse Financial -
Shawn Loftus
Senior Vice President, Chief Actuary and Head of Analytics
USAA Life Insurance Company -
Michael McDonnell
Senior Vice President and General Counsel
New York Life -
David G. Melman
Senior Vice President of Government Affairs & Chief Legal Officer
ShelterPoint Life Insurance Company -
Christine Nixon
Executive Vice President and General Counsel
Corebridge Financial -
Timothy A. Walsh
Chairman and Chief Executive Officer
American National Life Insurance Company of New York -
Andrea Lynn White
President and Chief Executive Officer
CareScout Insurance, a division of Genworth -
Andrew S. Williams
Senior Vice President and General Counsel
Transamerica
LICONY Staff
Richard Loconte is the President/Chief Executive Officer of the Life Insurance Council of New York (LICONY). He oversees the organization's operations and works directly with the LICONY Board of Directors to develop and guide the strategic mission of the organization. LICONY is the leading life insurance organization in New York, representing more than 70 life insurer member companies and 19 allied professional firm members. Its mission is to create and maintain a legislative and regulatory environment in the State of New York that encourages the members of LICONY to conduct and grow their life insurance businesses.
Prior to joining LICONY, Rich served as Vice President of Government Affairs at Oscar Health Insurance, where he led the company’s governmental and regulatory engagement at the state and federal levels. At Oscar, he designed and built the company’s government affairs function to meet the demand of a growth stage startup that has expanded across the country to become the third largest individual health insurer in the nation.
Before joining Oscar, Rich served as Executive Deputy Superintendent of Communications and Strategy for the New York State Department of Financial Services (DFS). At DFS, he led the Department’s external relations functions including legislative affairs, communications, media relations, consumer outreach, education, and complaint processing. In this role, Rich also counseled the Superintendent and other senior staff on the Department’s regulatory and legislative initiatives and enforcement, served as liaison to the Governor’s office, and worked closely with key financial services trade associations, including LICONY. His insurance career also includes working at American International Group, Inc., where he was Deputy Head of Government Affairs and Associate General Counsel. There, Rich represented AIG before regulatory agencies and other government bodies on legislative and regulatory issues related to the insurance industry and the broader financial services sector and was instrumental in reestablishing the company's federal government affairs office in Washington, DC.
A New York City native, Rich is a graduate of Fordham University and Brooklyn Law School. He is admitted to practice in New York and New Jersey and before the United States District Court for the District of New Jersey.
Timothy Atkins is the Managing Director for Legislative Affairs and Counsel at LICONY. Tim's primary responsibilities include drafting legislation and lobbying for the bills that make up LICONY’s affirmative legislative program, analyzing bills and regulations for their impact on our companies, drafting analysis and position memos, and representing LICONY and its member companies at meetings with legislators, Executive Chamber staff, and the Department of Financial Services. Tim provides general legal counsel to the organization and is also responsible for managing LICONY’s political action committee.
Tim came to LICONY with more than a decade of experience in positions working in and around New York State Government. Prior to LICONY, he served as Director of Intergovernmental Affairs at the Dormitory of the State of New York (DASNY). There, he worked directly with the President and senior management to develop DASNY’s legislative agenda including soliciting legislative sponsorship and support. Tim guided DASNY’s proposals through the legislative process and successfully lobbied for the passage of several pieces of legislation critical to the authority. He has held several positions inside the New York State Senate including Senior Counsel and Parliamentarian where he assisted in developing the daily Senate floor agenda and provided counsel to the acting President of the Senate relating to the Senate Rules, parliamentary procedure, and the customs of the house.
Tim is a graduate of the University at Albany and Hofstra University School of Law. He is admitted to practice law in New York and has been designated a Chartered Life Underwriter by the American College of Financial Services. Tim and his wife, Babette, reside in Delmar, New York, with their two daughters, London and Lucille.
Laura Evangelista is the Managing Director of Regulatory Affairs. She joined the association in September 2024 and focuses on regulatory issues of importance to the life insurance industry in New York. Laura is principally responsible for regulatory advocacy & compliance issues involving the New York State Department of Financial Services. Laura has had a long relationship with LICONY, having previously served as its outside counsel and worked closely with the association while at the Department.
Prior to joining LICONY, Laura was a Shareholder at the law firm Greenberg Traurig and focused her practice on insurance regulatory matters, serving as Global Co-Chair of its Insurance Regulatory & Transactions Practice Group.
Before joining Greenberg Traurig, Laura served as Executive Deputy Superintendent of Insurance at the New York State Department of Financial Services, where she led the Department’s insurance division. In her role at the Department, Laura supervised all substantive insurance matters. Laura also worked closely with regulated entities, trade associations and consumer groups on policy initiatives, including the formulation of regulations and industry guidance.
Earlier in her career, Laura was a litigator at national and regional law firms, as well as legal counsel for a boutique international insurance broker. She is a graduate of Trinity College and Hofstra University School of Law.
Tonia Margiotta is the Administrative Assistant for the Life Insurance Council of New York. She joined the association in September 2024 and provides administrative support to LICONY Staff. Tonia is responsible for scheduling meetings, maintaining the calendar, coordinating annual membership updates and maintaining updated information. Prior to joining LICONY, Tonia worked for 10 years as a Patent Legal Assistant at Heslin Rothenberg Farley & Mesiti.
Tonia lives in Rotterdam Junction with her fiancé, Tim.
Liz Maxwell is the Legislative & Member Affairs Coordinator for LICONY. She joined the association in September 2022. In her role, she organizes external LICONY events, tracks legislation, maintains LICONY’s PAC, prepares and submits New York State Lobbying and Board of Elections filings, and provides administrative support. Prior to joining LICONY, Liz worked in the publishing industry for six years.
She received her Bachelor of Arts degree from Siena College. She resides in Guilderland, New York, with her husband, Steve, and their Siberian Husky.
Linda Nusbaum is the Director of Operations of the Life Insurance Council of New York (LICONY). She is responsible for supporting the President/Chief Executive Officer in planning efforts and managing the financial resources necessary for executing LICONY’s mission. She oversees the daily operations of LICONY and is responsible for accounting, bank relations, human resource administration and directing office workflow. Prior to joining LICONY, she worked for the New York State Assembly.
She received her Bachelor of Arts degree from SUNY Empire State College. Linda and her husband reside in East Greenbush, New York, with their two children.
Diane Stuto is the Managing Director at the Life Insurance Council of New York (LICONY). She joined the association in 1990 as an Assistant Vice President. She was appointed to Vice President in 1995, Senior Vice President in 1999, and to Executive Vice President in 2003. She was appointed to the new position of Managing Director in 2016, focusing primarily on regulatory issues of importance to the life insurance industry of New York.
Diane is the primary contact for LICONY to the National Association of Insurance Commissioners (NAIC) and the American Council of Life Insurers (ACLI). Diane is principally responsible for most of the regulatory advocacy & compliance issues involving the New York Department of Financial Services, including life insurance and annuity replacements (Regulation 60), life insurance & annuity best interest & suitability (Regulation 187), life insurance & annuity non-guaranteed elements (Regulation 210), actuarial & reserving, risk classification and underwriting, cybersecurity, and holding company matters, including ERM/ORSA and risks related to climate change. Diane is also primarily responsible for matters relating to company examinations and policy form filing matters. Prior to 2016, Diane was principally responsible for LICONY advocacy before the New York legislature.
Before joining LICONY, Diane worked for several years in the New York State Senate, her last position as Legislative Director to the ranking member of the Senate Insurance Committee. She received her Bachelor of Arts degree from the State University of New York at Albany. Diane and her husband reside in Albany, New York, and have adult children who are triplets.
Patty Tario is the Executive Assistant for Richard Loconte. She joined the association in September of 2017 as an Administrative Assistant. Prior to joining LICONY, Patty worked for over 20 years in the New York State Assembly Speaker's Office as an Executive Assistant.
Patty resides in Saratoga Springs, NY with her husband, Dennis and has two adult children.
Hannah Vattikonda is the Public Affairs Coordinator at LICONY. She joined the organization in May of 2022. Hannah maintains the organization’s social media channels and website and focuses on stakeholder communication.
Before joining LICONY, Hannah worked in the New York State Senate Majority Press Office. Prior to that, she was employed by the State Assembly in the Communications and Information Services department, providing internal communication and working on state campaigns. She graduated from the University at Buffalo with a BA in Communication and is pursuing an MA in Communication at the University at Albany.
Hannah resides in Wynantskill, New York, with her husband Aditya.
LICONY History
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The Life Insurance Council of New York, Incorporated (LICONY) is organized as a Type A Not-For-Profit Corporation under Section 201 of the New York Not-For-Profit Corporation law. LICONY was formed as a result of the consolidation of two New York life insurance trade associations--the Association of New York State Life Insurance Companies and Life Companies of New York.
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The Association of New York State Life Insurance Companies was organized on February 2, 1968 by a group of ten medium-sized domestic companies located in Albany, Binghamton, Jamestown, Syracuse and New York City.
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The original mission was to promote the common business interests of member companies; to present to executive, legislative, judicial and regulatory bodies of New York State institutional views in the best interests of the life insurance industry and its policyholders; to work for legislation and regulations that would tend to accomplish these purposes; and, to oppose legislation and regulations not consistent with these goals.
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Since 1968 the Association grew steadily in membership. The large mutual life insurance companies which represent a significant domestic presence, joined in 1970-1971, and by the fall of 1977 there were 38 domestic life insurance members.
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Life Companies of New York was formed in 1971 by the presidents of five New York life insurance companies. One of the unique aspects of Life Companies of New York was that attendance at its monthly meetings was limited to chief executive officers or chief operating officers. Formed to provide a forum to discuss mutual practices and areas of concern, Life Companies of New York quickly expanded its membership to some 20 companies.
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Leaders in both associations recognized, in view of their common goals and the need to coordinate efforts that the time had come in 1977 to merge. The marriage of these two associations, The Association of New York State Life Insurance Companies and Life Companies of New York in December 1977, produced a single restructured Life Insurance Council of New York, Incorporated (LICONY), comprised of 44 domestic life insurance companies. This consolidation of the life insurance industry trade associations in New York has resulted in a single unified voice speaking on its behalf.
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In 1978 Peter J. Flanagan becomes president of LICONY. Peter Flanagan began his career as a group underwriter at The Equitable Company. He was vice president, general counsel and secretary of the United States Life Insurance Company, and later was general counsel of the Association of New York State Life Insurance Companies before the 1977 merger.
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In 1993, LICONY expanded its membership by introducing a new class of membership -- associate members -- that included both non-domestic life insurance companies and professional firms. In 2003, the associate member class was restricted to non-domestic life insurance companies and a new third class of members -- allied professional firms and other services members – was established for accounting, actuarial, law, and other services firms.
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In 1999 Thomas E. Workman becomes president of LICONY. From 1973 to 1999, Thomas Workman practiced law with Bricker & Eckler LLP in Columbus, Ohio. He chaired the Insurance Law Practice Group and was Legislative Counsel to the Association of Ohio Life Insurance Companies. Mr. Workman was awarded the Buist M. Anderson Award for Distinguished Service by the Association of Life Insurance Counsel. From 1970 to 1973, he served as a Captain in the U.S. Army Judge Advocate General Corps. Mr. Workman received his B.S. and J.D. from The Ohio State University.
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In 2016, LICONY closed its New York City office and consolidated operations to its Albany, NY office. The Albany office is a short walk from the State Capitol and currently employs eight full-time staff members who work on behalf of the association's member companies.
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In 2016 Mary A. Griffin becomes president of LICONY. Mary Griffin joined Citigroup in 2000 and represented the company before the New York State and New York City governments on a variety of legislative and regulatory issues. Prior to joining Citigroup, Ms. Griffin was Assistant Vice President, Government Affairs, for the American Insurance Association (AIA) from 1992 to 2000.
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Forty-seven years after the merger, LICONY's membership stands at 53 member companies, 21 associate members and 18 allied professional members.
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In 2021 Richard A. Loconte becomes president of LICONY. Richard Loconte is a graduate of Fordham University and Brooklyn Law School. He is admitted to practice in New York and New Jersey and before the United States District Court for the District of New Jersey. Mr. Loconte joined Oscar Health Insurance in 2019 to design and launch its government affairs function for the 18 states in which the company conducts business. Prior to joining Oscar Health Insurance, he served as Executive Deputy Superintendent of Communications and Strategy at the New York State Department of Financial Services from 2016 to 2019 under then Superintendent Maria T. Vullo.