The Unsung Hero of the Industry: NAIFA’s Advocacy Program

NAIFA Is Everywhere Decisions Are Made!

NAIFA is the most influential advocacy association for financial professionals in the United States. NAIFA members come from every congressional district across the country and understand the financial goals and challenges of Main Street families and businesses. NAIFA members are a strong grassroots network delivering a unified message with individual stories and insights policymakers want to hear. NAIFA is the only association for insurance and financial professionals with an advocacy presence at the federal, interstate, and state levels, including in all 50 state capitals.

Federal

NAIFA’s access and influence extend through all three branches of the federal government: the Executive (SEC, DOL, OMB, IRS, and the office of the President), Legislative (one of the industry’s largest association PACs, largest Day on the Hill, and NAIFA members who are personal contacts with nearly all of the 535 members of Congress), and Judicial (success in federal lawsuits). NAIFA’s annual Congressional Conference often draws more than 1,000 financial professionals to Washington, D.C., to receive advocacy training and meet with lawmakers on Capitol Hill.

Interstate

NAIFA is in the trenches, attending the meetings and conference calls of the National Association of Insurance Commissioners (NAIC) and National Council of Insurance Legislators (NCOIL) and helping draft model regulations and legislation used by insurance commissioners and state legislatures BEFORE the proposals even come up. NAIFA has had great success promoting states’ adoption of the NAIC consumer protection model on annuity transactions. NAIFA Trustee Christopher Gandy (Midwest Legacy Group/OneAmerica) gave a powerful presentation to the NAIC’s Special Committee on Race and Insurance.

State

NAIFA is the only association of insurance and financial advisors present at the state level across the country with a professional lobbyist, a political action committee, and a grassroots activation and training program. NAIFA’s 50 state Political Action Committees maximize our state-level influence and support friendly legislators and candidates. Legislative Days and state conferences create awareness, engagement, and presence in every statehouse. NAIFA members serve as key contacts for lawmakers and are often their friends, neighbors, insurance agents, or financial advisors. They provide testimony at hearings on proposed laws and regulations of concern to the industry.