Insurance Federation of New York

What Insurance Federation of New York does

The Insurance Federation of New York (IFNY) is a not-for-profit New York corporation founded in 1913 to serve as a neutral forum for insurance professionals and corporate leaders. Headquartered in Mount Vernon, NY, the organization operates with 1-10 employees and is governed by a volunteer board of directors. IFNY explicitly does not engage in lobbying activities and is open to all participants in the insurance industry.

IFNY's service portfolio is anchored on five product lines: tiered membership packages (Corporate A at $1,500, Corporate B at $825, Not-for-profit at $450, Individual at $175, and Emerging Leaders at $50 annually), an annual events and conferences calendar (including the Annual Award Luncheon, 'Breakfast with…' programs, and the IFNY/ELANY Surplus Lines and Reinsurance Forum), CLE programs co-sponsored with the New York City Bar Association ($299 member / $399 nonmember), corporate sponsorships at Platinum ($12,000), Gold ($6,000), Silver ($3,000), and Bronze ($1,750) tiers, and workforce development programs including the IFNY Emerging Leaders division for professionals 30 and under and the Mary Lanning Workforce Development Program in partnership with Hope Ignites New York. IFNY also administers two recognized awards: the Free Enterprise Award (presented since 1973 to legendary entrepreneurs) and the Mary Lanning Public Service Award (recognizing public-interest leadership in insurance).

IFNY generates revenue through recurring annual membership dues, corporate sponsorships, and event/program registration fees. Its GTM is event- and community-driven, relying on industry convenings, word-of-mouth referrals, and sponsorship visibility rather than direct sales infrastructure or technology distribution. The organization serves insurance carriers, brokerages, agencies, and professional services firms (law, accounting, consulting) primarily in New York State.

Name

Insurance Federation of New York

Legal name

Insurance Federation of New York, Inc.

Website

https://ifny.org

Company type

Private

Founded year

1913

Operating status

Operating

Headcount range

1–10 employees

Short description

The Insurance Federation of New York is a 110-year-old non-profit professional association providing networking, education, and industry forums for insurance carriers, brokerages, agencies, and professional services firms across New York State.

Ownership category

akta.pro rank

Headquarters

HQ city

Mount Vernon

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Membership Dues: IFNY generates revenue through annual membership dues paid by insurance companies, brokerages, agencies, law firms, accounting firms, consulting firms, and professional services firms. Membership is billed on a calendar-year basis (January 1 – December 31). Dues paid after June 30 are prorated, and dues paid after October 30 are carried over to the following year.
2. Event Sponsorships: Corporate sponsorship revenue from annual platinum, gold, silver, and bronze sponsors, as well as event-specific sponsorships for the Annual Award Luncheon and networking events. Sponsorships include benefits such as advertisement in programs, logo display, table reservations, and recognition at events.
3. Event Registration Fees: Revenue from CLE program fees ($299 member, $399 nonmember) and other educational event registrations. Some events such as 'Breakfast with' programs and Emerging Leaders events offer free or reduced-cost attendance.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

The Insurance Federation of New York (IFNY) is a not-for-profit membership organization founded in 1913 that serves the New York insurance industry. It provides advocacy on legislative and regulatory matters, hosts continuing legal education (CLE) programs, networking events, awards ceremonies, and runs an Emerging Leaders division and internship program for its member insurance companies, brokerages, law firms, and individual insurance professionals.

Product overview

The Insurance Federation of New York (IFNY) is a not-for-profit industry organization founded in 1913 that provides a portfolio of membership services, professional development programs, and industry events rather than a unified technology product. Its core offerings include IFNY Events and Conferences (featuring the Annual Award Luncheon, 'Breakfast With...' programs, CLE seminars, and the IFNY/ELANY Surplus Lines and Reinsurance Forum), the IFNY Emerging Leaders Program for young professionals, the Mary Lanning Workforce Development/Interns Program, IFNY Membership Packages across multiple tiers, IFNY Sponsorship Programs at various levels, and IFNY CLE Programs for continuing education credits. These services collectively support networking, education, and professional development for the New York insurance industry.

Differentiator

Problem solved

Functional benefit

Brands

• IFNY Emerging Leaders: A division for young professionals from all facets of the insurance and reinsurance industries providing networking, mentoring, educational programs and charitable events.
• Mary Lanning Workforce Development Program

Products and services

• Annual Membership Packages
• Continuing Legal Education (CLE) Programs
• Annual Awards Luncheons
• Emerging Leaders Division
• Internship Program
• Networking Events
• Insurance Advocacy and Legislative Engagement

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

13 partnerships are on record, tiered platinum, silver, minor, gold and core.

• Applied UnderwritersplatinumGTM or Marketing PartnerAnnual platinum sponsor and event host. Applied Underwriters hosts multiple IFNY events at their offices at 50 Rockefeller Plaza, including the IFNY/ELANY Surplus Lines and Reinsurance Forum and various seminars. The company provides significant sponsorship support and venue access for IFNY programming.
• ChubbplatinumGTM or Marketing PartnerAnnual platinum sponsor of IFNY events including the Annual Award Luncheon. Chubb is the world's largest publicly traded property and casualty insurance company.
• ELANY (Excess Line Association of New York)platinumStrategic or Co-development PartnerAnnual platinum sponsor and co-organizer of the IFNY/ELANY Surplus Lines and Reinsurance Forum, bringing together industry leaders for discussion on surplus lines and reinsurance markets.
• Columbia SPS Insurance Management ProgramsilverStrategic or Co-development PartnerSilver sponsor and academic partner providing the Master of Professional Studies in Insurance Management program. IFNY Board Member Teresa Chan serves as Director of this program, and graduate students participate in IFNY events and research projects.
• Guardian Life Insurance CompanysilverGTM or Marketing PartnerAnnual silver sponsor of IFNY events including the Annual Award Luncheon.
• Lloyd'ssilverGTM or Marketing PartnerSilver sponsor of IFNY events and Annual Award Luncheon.
• AonminorGTM or Marketing PartnerCocktail Reception Sponsor and Luncheon Sponsor for the 109th and 110th Annual Award Luncheons. Aon is a professional services firm providing risk consulting and insurance brokerage.
• CNAgoldGTM or Marketing PartnerGold sponsor of IFNY events including the Annual Award Luncheon. CNA is a major commercial property and casualty insurer.
• Travelers CompaniessilverGTM or Marketing PartnerSilver sponsor of IFNY events including the Annual Award Luncheon. Travelers is a leading provider of commercial and personal property casualty insurance.
• Foley & Lardner LLPminorGTM or Marketing PartnerEvent sponsor and law firm member with IFNY Emerging Leaders alumni on the partnership team.
• Hope Ignites New YorkcoreStrategic or Co-development PartnerFormerly Boys Hope Girls Hope of New York. IFNY has supported the Mary Lanning Workforce Development Program since 2012 through this nonprofit, which selects high school students from Bishop Loughlin Memorial High School to participate in IFNY's summer internship program. IFNY Board members and members provide financial support and host internship days.
• New York City Bar AssociationcoreStrategic or Co-development PartnerCo-sponsor of the annual CLE program 'Current Issues in Insurance Regulation' held at the NYC Bar headquarters. This is the 36th annual program, making it a longstanding educational partnership.
• Windels MarxminorStrategic or Co-development PartnerTransportation law firm whose founder Matthew W. Daus (former Chair of NYC Taxi and Limousine Commission) presents at IFNY events on auto insurance fraud topics.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Insurance Information Institute: A nonprofit insurance industry association that educates the public, media, and policymakers about property/casualty insurance. Directly comparable to IFNY as a membership-driven insurance forum providing research, education, and industry intelligence.
• National Association of Mutual Insurance Companies (NAMIC): National trade association representing mutual insurance companies. Comparable to IFNY as a membership-based insurance industry organization offering education, advocacy, and networking, but operating at a national rather than state level.
• Independent Insurance Agents & Brokers of America (IIABA / Big 'I'): National association representing independent insurance agents and brokers. Comparable to IFNY as a membership-based insurance association serving agency/brokerage members with education, networking, and advocacy.
• Council of Insurance Agents & Brokers (CIAB): National trade association for commercial insurance brokers and agents. Comparable to IFNY as an industry association serving the insurance distribution ecosystem, with overlapping membership categories (brokerages, agencies).
• Excess Line Association of New York (ELANY): New York-based nonprofit association for excess/surplus lines insurers. Directly comparable to IFNY as a regional insurance trade association; notably, ELANY is itself an IFNY platinum sponsor and co-organizer of the Surplus Lines and Reinsurance Forum.
• National Association of Professional Insurance Agents (PIA): National trade association for independent insurance agents. Comparable to IFNY as a membership organization serving insurance intermediaries through education, advocacy, and carrier relationships.
• Property Casualty Insurers Association of America (PCI): National trade association for property/casualty insurers. Directly comparable to IFNY as a carrier-focused insurance association providing advocacy, education, and industry intelligence, but with broader national scope.
• American Insurance Association (AIA): National property/casualty insurance trade association. Comparable to IFNY as a carrier-led industry association offering policy advocacy, educational programming, and member services in the insurance sector.

Regional players

• Life Insurance Council of New York (LICONY): New York-based trade association for life insurers. Directly comparable to IFNY as a fellow New York state-level insurance association; LICONY is also referenced as a co-marketing partner for IFNY CLE programs.

Broad incumbents

• National Association of Insurance Commissioners (NAIC): U.S. state insurance regulators' association. Comparable to IFNY as a major insurance industry institution, though NAIC is a regulatory body that IFNY Mary Lanning award recipients have led — making it an adjacent governing authority rather than a direct competitor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/insurancefederationofny
• LinkedInlinkedin.com/company/insfedny

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

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 Insurance Federation of New York