Society of Insurance Financial Management

What Society of Insurance Financial Management does

SIFM (Society of Insurance Financial Management) is a private, nonprofit professional membership organization founded in 1959 and headquartered in Caldwell, New Jersey. It serves insurance and reinsurance financial professionals — including CFOs, controllers, accountants, tax professionals, and risk managers — as well as public accounting and advisory firms that serve the insurance sector. The organization functions as a member-driven forum for education, networking, and professional development around insurance accounting, financial reporting, taxation, regulation, and information technology, and it awards up to 15 CPE credits per attendee for qualifying sessions.

SIFM's core products are four annual conferences (three quarterly conferences in March, June, and December plus the September Annual Conference), two special interest groups (Women of SIFM and SIFM Young Professionals for members under 40), scholarship programs in partnership with St. John's University and Saint Joseph's University, and trademarked content products including ScoreCards, WildCards, and SIFM Executive Action Reports. The underlying technology stack is built entirely on third-party SaaS — ClubExpress for membership management and event registration, Mailchimp for email marketing, and Zoom for webinar delivery — with no proprietary software or AI/ML capability. Conference attendance ranged from 60+ guests (June 2024) to 117+ attendees (March 2025), and the 2025 Annual Conference featured 37 speakers.

Revenue is generated through a combination of recurring membership dues and one-time conference registration fees (tiered from $1,055 early-bird to $1,355 standard, plus ancillary events at $25–$240), supplemented by corporate sponsorships from nine major accounting and consulting firms (Baker Tilly, BDO, Deloitte, EY, Forvis Mazars, FTI Consulting, Grant Thornton, KPMG, PwC) that also provide venues and speakers. Leadership is volunteer-based; the current president is Yelena La Forgia, SVP & CFO at Aspen Insurance. The organization is governed by an elected Board of Directors and a President's Advisory Council, with no parent company, private equity ownership, or public shareholders.

Name

Society of Insurance Financial Management

Legal name

Society of Insurance Financial Management

Website

https://sifm.org

Company type

Private

Founded year

1959

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Professional Association Services

NAICS

Professional Organizations (81392), Finance and Insurance (52)

SIC

Services-Membership Organizations (8600)

akta.pro industry

PRIMARYEDABAJAJ

Insurance Finance & Risk (Actuarial, Claims, Solvency)

Education/Corporate Training & Professional Development/Finance, Accounting & Risk Training

SECONDARYMPAGAGAG

Finance & Investment Conferences

Media, Entertainment & Sports/Live Entertainment & Events (Concerts, Theater, Festivals)/Conventions & Conferences (Business Events)

SECONDARYEDABALAQ

Insurance

Education/Corporate Training & Professional Development/Industry-Specific Professional Training (e.g., Healthcare, Manufacturing, Construction)

Keywords

• Insurance financial management
• Professional membership association
• Insurance industry education
• CPE continuing education
• Insurance accounting resources

Headquarters

HQ city

Caldwell

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Membership Dues: SIFM operates as a membership-based organization providing access to network of industry peers, specialized resources, and expert knowledge for insurance financial professionals.
2. Conference Fees: Revenue from conference registration fees including quarterly and annual conferences. All-inclusive pricing covers conference attendance, meals, networking receptions, and special networking options.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

SIFM is a professional membership organization for insurance and reinsurance company financial professionals, founded in 1959/1960 and headquartered in Caldwell, NJ. It delivers its offering through national and regional conferences, webinars, special interest groups, networking events, and scholarship programs that support career development and industry education for the insurance finance community.

Product overview

SIFM is a professional membership organization, not a technology product company. Its core offerings consist of educational conferences (Quarterly and Annual), special interest groups (Women of SIFM and Young Professionals), and scholarship programs for students pursuing insurance industry careers. The organization serves as a forum for insurance financial professionals to learn about accounting, financial reporting, taxation, regulation, and information technology.

Differentiator

Problem solved

Functional benefit

Brands

• Women of SIFM: A special interest group providing female insurance executives a supportive environment to learn, share and deepen their understanding of skills necessary to succeed in a competitive, constantly evolving global environment.
• SIFM Young Professionals

Products and services

• SIFM Membership

Quantifiable outcome

• SIFM member survey noted SIFM conferences as one of the best, most effective conferences they attend

Named customers5 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

17 partnerships are on record, tiered core and minor.

• Baker TillycoreGTM or Marketing PartnerMajor sponsor of SIFM conferences. Hosts SIFM events at their Philadelphia office. Provides speakers for conferences on topics including risk advisory and regulatory compliance.
• BDOcoreGTM or Marketing PartnerSponsor providing support for SIFM conferences and events. Professionals present on topics including cybersecurity, fair value accounting (ASC 820), and digital assurance.
• CentriminorGTM or Marketing PartnerSponsor of SIFM conferences, specifically under the Centri Consulting brand.
• DeloittecoreGTM or Marketing PartnerDeloitte joined as sponsor in 2023. Provides speakers for conferences covering M&A, insurance tax issues, and industry trends. Representative Michele Landon serves as sponsor contact.
• EisnerAmper LLPcoreGTM or Marketing PartnerSponsor providing audit and advisory expertise to SIFM conferences and events.
• EY (Ernst & Young)coreGTM or Marketing PartnerLong-standing sponsor of SIFM. Provides speakers on topics including tax reform, digital transformation, economic outlook, and blockchain. Hosts conferences at EY NYC location.
• Forvis MazarscoreGTM or Marketing PartnerSponsor of SIFM. Hosts March 2026 Quarterly Conference at Forvis Mazars NYC office. Provides speakers on IFRS 17, cybersecurity, and tax matters.
• FTI ConsultingcoreGTM or Marketing PartnerNewest sponsor as of 2025. Representative Andrew Baxter serves on President's Advisory Council and co-chairs Membership Growth Subcommittee. Provides expertise in governance, internal audit, and controls.
• Grant ThorntoncoreGTM or Marketing PartnerMajor sponsor providing speakers on tax, finance transformation, insurance advisory, and risk topics. Hosts June 2026 Conference at Grant Thornton NYC office. Multiple program managers from Grant Thornton lead conference planning.
• KPMGcoreGTM or Marketing PartnerSponsor hosting Holiday Conference at KPMG Manhattan West office. Provides speakers on SEC updates, finance technology, and internal audit topics.
• PwCcoreGTM or Marketing PartnerSponsor providing tax, long-term care, and professional services expertise to SIFM conferences and events.
• Renaissance ReinsuranceminorGTM or Marketing PartnerVenue host for SIFM Executive Presence workshop events at their NYC office location.
• Borgata Hotel Casino & SpacoreGTM or Marketing PartnerVenue host for Annual Conference (September) in Atlantic City, NJ. Provides conference accommodations and golf/spa options for attendees.
• Grand Street SocialminorGTM or Marketing PartnerVenue for Young Professionals Mix n Mingle networking events in NYC.
• Chartered Accountants Worldwide (CAW)minorGTM or Marketing PartnerJoint sponsor of Young Professionals Black Tie events and Charity Balls supporting causes like St. George's Society of New York.
• Maurice R. Greenberg School of Risk Management, Insurance and Actuarial SciencecoreStrategic or Co-development PartnerPartnership with St. John's University for SIFM Scholarship program. Scholarship awarded to students in risk management, insurance, and actuarial science programs. Faculty and executives participate in scholarship presentations.
• Saint Joseph's UniversitycoreStrategic or Co-development PartnerPartnership for SIFM Scholarship program awarding merit-based scholarships to actuarial students. Scholarship winners connect with industry professionals and executives.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/SIFMonline
• LinkedInlinkedin.com/company/society-of-insurance-financial-management
• Xx.com/sifmonline

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Society of Insurance Financial Management