2023-09-14T13:36:37-05:00 2022-12-31 351178661 BLUE & CO LLC 500 N MERIDIAN ST SUITE 200 INDIANAPOLIS IN 46204 990 2022-01-01 363678111 NATIONAL CONFERENCE OF INSURANCE GUARANTY FUNDS INC NATI 3174648199 300 N MERIDIAN STREET 1020 INDIANAPOLIS IN 46204 ROGER H SCHMELZER PRESIDENT, CEO 3174648199 2023-09-13 1 ROGER SCHMELZER 999009999 0 TYLER K GREENE CPA P00057872 3176334705 2023-09-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ROGER H SCHMELZER 300 N MERIDIAN STREET 1020 INDIANAPOLIS IN 46204 4441379 0 X WWW.NCIGF.ORG X 1989 IL NATIONAL CONFERENCE OF INSURANCE GUARANTY FUNDS (NCIGF) ASSISTS PROPERTY AND CASUALTY GUARANTY FUNDS 19 19 21 19 0 0 0 0 3992118 4340017 77174 101362 0 0 4069292 4441379 0 0 0 0 1934509 2172044 0 0 0 1355138 2134623 3289647 4306667 779645 134712 4600811 5497220 572196 1235224 4028615 4261996 X TO BRING THE GREATEST POSSIBLE VALUE TO THE MEMBER STATE PROPERTY AND CASUALTY GUARANTY FUNDS AND THE STATE-BASED GUARANTY FUND SYSTEM IN OPERATIONAL SUPPORT, COMMUNICATION AND PUBLIC POLICY DEVELOPMENT. 0 0 NATIONAL CONFERENCE OF INSURANCE GUARANTY FUNDS (NCIGF) IS A BUSINESS ASSOCIATION AS DEFINED WITHIN INTERNAL REVENUE CODE SECTION 501(C)(6) WHICH ADVANCES THE COLLECTIVE MISSIONS OF ITS MEMBERS AND PROVIDES NATIONAL ASSISTANCE IN VARIOUS AREAS FOR PROPERTY AND CASUALTY GUARANTY FUNDS. NCIGF ASSISTS IN THE COORDINATION BETWEEN THE LIQUIDATORS AND PROPERTY AND CASUALTY GUARANTY FUNDS IN MULTI-STATE INSOLVENCIES, MONITORS LITIGATION AND LEGISLATION AFFECTING GUARANTY FUNDS, CONDUCTS VARIOUS EDUCATIONAL AND TRAINING PROGRAMS, PROVIDES INFORMATION CONCERNING THE PROPERTY AND CASUALTY GUARANTY FUND SYSTEM; AND PROVIDES A FORUM FOR DISCUSSION OF GUARANTY FUND RELATED ISSUES. NCIGF PROVIDES OPERATIONAL SUPPORT, COMMUNICATIONS AND PUBLIC POLICY DEVELOPMENT TO ITS MEMBERS, THE STATE PROPERTY AND CASUALTY INSURANCE GUARANTY FUNDS. THE NCIGF ALSO ASSISTS PROPERTY AND CASUALTY INSURANCE GUARANTY FUNDS BY PROVIDING THEM WITH CURRENT LEGISLATIVE INFORMATION AND EDUCATIONAL TRAINING OPPORTUNITIES.SEE SCHEDULE O FOR 2022 SERVICE ACCOMPLISHMENTS HIGHLIGHTS.HIGHLIGHTS OF OUR 2022 ACCOMPLISHMENTS INCLUDE:MITIGATING "READINESS RISK": GUARANTY FUNDS HAVE A RICH HISTORY OF ADAPTATION AND FLEXIBILITY DURING THOSE RARE OCCASIONS WHEN AN INSURANCE COMPANY BECOMES INSOLVENT. AS THE INSURANCE INDUSTRY CONTINUES TO EVOLVE ITS TECHNOLOGY AND BUSINESS PRACTICES AND RESPONDS TO PUBLIC POLICY CHANGES, THE CHALLENGE FOR THE GUARANTY FUNDS TO ADAPT GROWS STEEPER. NCIGF IS AMID A MULTI-YEAR INITIATIVE TO SMOOTH THE FRICTIONS THAT POSE A THREAT TO THE ABILITY TO RESPOND PROMPTLY TO CONSUMERS.FOCUS ON PRE-LIQUIDATION PLANNING:NCIGF CONTINUES TO PROMOTE EARLIER PRE-LIQUIDATION PLANNING IN VARIOUS FORUMS. BECAUSE OF THE NEED TO TRANSITION DATA IMMEDIATELY WHEN THE GUARANTY FUNDS ARE TRIGGERED AND THE COMPLEXITY OF PRODUCTS SUCH AS LARGE DEDUCTIBLE AND CYBER LIABILITY, THIS PLANNING NEEDS TO BEGIN BEFORE A FORMAL INSOLVENCY PROCEEDING IS ORDERED. THIS YEAR THE "E" COMMITTEE AT THE NAIC ADOPTED A PRE-LIQUIDATION MEMORANDUM OF UNDERSTANDING (MOU). IT IS NOW AVAILABLE ON THE RITF WEBSITE FOR USE BY INSOLVENCY PRACTITIONERS. MOREOVER, THE MOU AND ACCOMPANYING REVISIONS TO VARIOUS HANDBOOKS HAVE BEEN REFERRED TO NAIC WORKING GROUPS THAT ADDRESS TROUBLED COMPANY ISSUES BEFORE A FORMAL INSOLVENCY PROCEEDING IS COMMENCED. WE EXPECT ACTION ON THESE REFERRALS IN 2023.RESTRUCTURED BUSINESS:STATUTES THAT AUTHORIZE INSURANCE COMPANY DIVISIONS OR INSURANCE BUSINESS TRANSFERS (IBTS) CONTINUE TO BE ADOPTED IN VARIOUS STATES, GENERATING CONCERNS ABOUT THE STATUS OF GUARANTY FUND COVERAGE. THE MATTER IS PARTICULARLY URGENT IN THAT BOTH DIVISION STATUTES AND IBTS MAKE IT CLEAR THAT THERE IS NO REMAINING LIABILITY ON THE PART OF THE TRANSFERRING ENTITY FOR THE CLAIMS TRANSFERRED UNDER THESE STATUTES. THE NCIGF BOARD OF DIRECTORS ADOPTED A POSITION ON THIS MATTER STATING THAT IF COVERAGE EXISTED ON A CLAIM BEFORE THE RESTRUCTURING TRANSACTION IT SHOULD REMAIN IN PLACE AFTER THE TRANSACTION. CONVERSELY, IF COVERAGE WAS NOT AVAILABLE BEFORE THE TRANSACTION IT SHOULD NOT BE CREATED BY THE TRANSACTION. AS MANY CURRENT GUARANTY FUND LAWS MAY NOT RESOLVE THESE CLAIMS IN THIS WAY, NCIGF DEVELOPED A STATUTORY REMEDY. THIS REMEDY HAS BEEN ADOPTED IN FOUR STATES AND EFFORTS CONTINUE TO PROMOTE THE AMENDMENT IN ADDITIONAL JURISDICTIONS. MOST RECENTLY A DRAFT IN THIS REGARD HAS BEEN RECOMMENDED TO THE RECEIVERSHIP AND INSOLVENCY TASK FORCE (RITF) AT THE NAIC. THE NAIC IS IN THE PROCESS OF REVIEWING THIS DRAFT.CYBER SECURITY INSURANCE COVERAGE IN INSOLVENCY:CYBER SECURITY INSURANCE COVERAGE IN INSOLVENCY IS AN EVOLVING ISSUE. NO SPECIFIC POLICY FORMS HAVE THUS FAR BEEN DEVELOPED TO ADDRESS THESE RISKS. MOREOVER, THE POLICIES PROVIDE NOTIFICATION, REMEDIATION, AND FORENSIC SERVICES ALONG WITH CLAIM PAYMENTS. RESPONSE TIME TO PROVIDE SUCH SERVICES IS OFTEN QUITE SHORT. SHOULD AN ENTITY THAT COVERS THESE RISKS BECOME INSOLVENT AND BE ORDERED INTO LIQUIDATION THE GUARANTY FUNDS WOULD BE CALLED UPON TO ACT. THE NCIGF HAS DEVELOPED STATUTORY LANGUAGE IN THIS REGARD AND WILL BE IMPLEMENTING EDUCATIONAL PROGRAMS FOR OUR OWN MEMBER COMMUNITY, INDUSTRY GROUPS AND ORGANIZATIONS SUCH AS THE NAIC. THUS FAR AMENDMENTS TO ADOPT CYBER LIABILITY REVISIONS TO THE GUARANTY FUND ACT HAVE BEEN ADOPTED IN CALIFORNIA AND ARE PENDING IN ILLINOIS AND MASSACHUSETTS. A DRAFT CHANGE TO THE NAIC MODEL PROPERTY CASUALTY GUARANTY FUND ACT HAS ALSO BEEN PRESENTED TO THE RITF. WE EXPECT THE NAIC REVIEW OF THIS DRAFT TO COMMENCE IN THE NEAR FUTURE.NCIGF TABLETOP EXERCISE:A "TABLETOP" EXERCISE WAS CONDUCTED AT THE NCIGF FALL WORKSHOP. DURING THIS EXERCISE PARTICIPANTS DISCUSSED VARIOUS PROCEDURES THAT WOULD NEED TO BE IMPLEMENTED WITH REGULATORS PRIOR TO A FORMAL LIQUIDATION PROCESS AND TROUBLESHOT THE VARIOUS CHALLENGES THAT MIGHT ARISE IN THIS CONTEXT. AT THIS POINT THE INNOVATIONS AND OPERATIONS COMMITTEE WILL UNDERTAKE VARIOUS PROJECTS RELATED TO NEEDS IDENTIFIED IN THIS EXERCISE AND HAS MADE REFERRALS TO OTHER NCIGF COMMITTEES.IT CORE SERVICES UPGRADE:NCIGF STAFF MADE CRITICAL UPDATES TO THE ORGANIZATION'S WIDELY USED UDS DATA MAPPER (WWW.UDSDATAMAPPER.COM), INCLUDING BUG FIXES, IMPLEMENTATION OF NEW FEATURES, AND CRITICAL INTERNAL UPDATES NEEDED TO FACILITATE AND ACCELERATE FUTURE DEVELOPMENT AND GROWTH OF THE APPLICATION.MEMBERCONNECT UPGRADE:THE ASSOCIATION'S MEMBER COMMUNICATION AND COLLABORATION HUB WERE SUCCESSFULLY MIGRATED TO A NEW CLOUD PLATFORM, CONFLUENCE CLOUD. USING THIS "BUY VS BUILD" APPROACH RESULTED IN ACCELERATED MIGRATION TO THE NEW PLATFORM AS WELL AS CONSIDERABLE COST-SAVINGS OVER AN IN-HOUSE DEVELOPMENT APPROACH.NCIGF TECHNOLOGY ISSUE TRACKING AND PRODUCTIVITY ENHANCEMENTS:NCIGF ADDED A NEW TICKETING SYSTEM FOR SUBMISSION AND TRACKING OF SUPPORT REQUESTS FROM MEMBERS, INTERNAL STAFF, AND GSI CLIENTS. THE SYSTEM ALLOWS FOR SELF-SERVICE REQUEST REPORTING IF DESIRED AND TRACKING OF THE COMPLETE HISTORY OF INDIVIDUAL REQUESTS FROM START-TO-FINISH. OVER TIME, THE BODY OF KNOWLEDGE BUILT FROM TRACKED REQUESTS IS BECOMING AN ASSET THAT ENABLES STAFF TO RESOLVE RECURRING ISSUES MORE QUICKLY.NEW SUPPORT OPTIONS FOR NCIGF MEMBERS:IN CONJUNCTION WITH THE ISSUE TRACKING SYSTEM, NCIGF INTRODUCED A NEW SERVICE REQUEST PORTAL FOR GSI CLIENTS AND NCIGF MEMBERS THAT PROVIDES GREATER EASE OF REQUESTING SERVICES, AND MORE CONTROL AND VISIBILITY INTO THE STATUS OF OPEN SUPPORT REQUESTS.IMPROVED SOFTWARE DEVELOPMENT PIPELINE:NCIGF TECHNOLOGY STAFF IMPLEMENTED THE CONTINUOUS INTEGRATION/CONTINUOUS DEPLOYMENT (CI/CD) METHODOLOGY FOR SOFTWARE DEVELOPMENT. THIS WIDELY USED APPROACH TO THE AUTOMATION OF BUILDING, TESTING AND DELIVERY OF SOFTWARE RESULTS IN FEWER DEFECTS AND FASTER DELIVERY OF QUALITY SOFTWARE APPLICATIONS BY OUR SOFTWARE ENGINEERING TEAM.SUCCESSFUL EXTERNAL CYBERSECURITY TESTING:NCIGF ENGAGED A CYBERSECURITY FIRM TO CONDUCT INTERNAL AND EXTERNAL PENETRATION TESTS, BOTH OF WHICH WERE PASSED SUCCESSFULLY. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 24 0 1 21 1 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X KEVIN LEAP 3174648199 300 N MERIDIAN STREET 1020 INDIANAPOLIS IN 46204 CHAD ANDERSON CHAIR 1.00 X X 0 0 0 JOSEPH TORTI VICE CHAIR 1.00 X X 0 0 0 JENNY ANZALONE-ACKLEY DIRECTOR 1.00 X 0 0 0 D KEITH BELL DIRECTOR 1.00 X 0 0 0 MICHAEL BOGE DIRECTOR 1.00 X 0 0 0 LAVAWN COLEMAN DIRECTOR TERM BEGAN 2/22 1.00 X 0 0 0 KATIE EVANS DIRECTOR 1.00 X 0 0 0 J SMITH HARRISON DIRECTOR 1.00 X 0 0 0 TAMARA KOPP DIRECTOR 1.00 X 0 0 0 BARBARA LAW DIRECTOR 1.00 X 0 0 0 WILLIAM LYNCH DIRECTOR 1.00 X 0 0 0 ANDREA LENTINE DIRECTOR TERM BEGAN 4/22 1.00 X 0 0 0 JOYCE HALL MELLINGER DIRECTOR 1.00 X 0 0 0 CHRISTOPHER P ROE DIRECTOR 1.00 X 0 0 0 BRADLEY A ROEBER DIRECTOR 1.00 X 0 0 0 ARTHUR M RUSSELL DIRECTOR 1.00 X 0 0 0 TIMOTHY M SCHOTKE DIRECTOR 1.00 X 0 0 0 CHAD WILSON DIRECTOR 1.00 X 0 0 0 ROBERT ZEMAN DIRECTOR TERM BEGAN 4/22 1.00 X 0 0 0 LARRY E HINTON DIRECTOR TERM ENDED 11/22 1.00 X 0 0 0 JOHN C WELLS DIRECTOR TERM ENDED 4/22 1.00 X 0 0 0 ROGER H SCHMELZER PRESIDENT, CEO 40.00 X 405317 0 33333 AMY J CLARK V.P., CFO 40.00 X 210619 0 21263 ASHLEY ROSENBERGER SR. LEGAL COUNSEL & CORP. SEC. 40.00 X 117889 0 19965 MIKE ULMER V.P. INFO. TECHNOLOLGY & OPS 40.00 X 90850 0 8327 JOHN BLATT SENIOR LEGAL COUNSEL TERM ENDED 3/22 40.00 X 74925 0 8581 DOUG STORZ PROGRAM ANALYST 40.00 X 115499 0 11628 RICHARD MINNIEAR PROGRAM ANALYST 40.00 X 120733 0 22480 1135832 0 125577 5 0 1 0 FAEGRE DRINKER BIDDLE & REATH 300 N MERIDIAN ST INDIANAPOLIS IN 46204 FEDERAL EDUCATION SERVICES 432065 LOCKE LORD LLP 24259 NETWORK PL CHICAGO IL 60673 LEGAL INSOLVENCY SUPPORT 315269 BARBARA COX LLC 19024 WIMBLEY WAY NOBLESVILLE IN 46060 LEGAL CONSULTING SERVICES 202034 3 MEMBERSHIP DUES & ASSE 900099 4213766 4213766 REGISTRATION INCOME-WO 900099 126251 126251 4340017 101362 101362 4441379 4340017 0 101362 907564 672484 268250 196041 127705 887804 76670 245905 60996 132584 115055 168061 253323 25482 90716 DUES & SUB. 78027 4306667 250 250 3885927 3862471 57757 114409 43308 76287 260563 178990 84666 81573 284117 258519 244786 1103711 4600811 5497220 174732 262082 6500 397464 966642 572196 1235224 X 4028615 4261996 4028615 4261996 4600811 5497220 X 134712 98669 X X 0 1 X 1 0 0 0 0 4213766 5056 5056 5056 260563 178990 81573 81573 INVESTMENT IN GSI 302892 SECURITY DEPOSITS 12000 RIGHT OF USE ASSETS 691747 PENSION ASSET 97072 1103711 DEFERRED COMPENSATION 258519 LEASE LIABILITIES 708123 966642 X 4540048 98669 98669 4441379 0 4441379 4306667 0 4306667 0 4306667 PART X, LINE 2: NCIGF IS A NOT-FOR-PROFIT CORPORATION AND HAS BEEN RECOGNIZED AS TAX-EXEMPT PURSUANT TO SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (IRC). AS SUCH, NCIGF IS GENERALLY EXEMPT FROM INCOME TAXES. NCIGF IS REQUIRED TO FILE FEDERAL FORM 990 RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, WHICH IS AN INFORMATIONAL RETURN ONLY. HOWEVER, SECTION 6033(E) OF THE IRC DEFINES LOBBYING IN A MANNER THAT INCLUDES SOME OF THE ACTIVITIES PERFORMED BY NCIGF. AS A RESULT, UNDER THE SAME SECTION, NCIGF IS REQUIRED TO EITHER REPORT THE TOTAL AMOUNT OF EXPENSES RELATED TO SUCH ACTIVITIES TO ITS MEMBERS AS NONDEDUCTIBLE FOR FEDERAL INCOME TAX PURPOSES OR PAY A PROXY INCOME TAX. NCIGF HAS ELECTED TO PAY A PROXY INCOME TAX. GSI IS A TAXABLE ENTITY AND IS, THEREFORE, SUBJECT TO FEDERAL AND STATE INCOME TAXES. DEFERRED INCOME TAX ITEMS RELATED TO GSI ARE NOT SIGNIFICANT TO THE OVERALL CONSOLIDATED FINANCIAL STATEMENTS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY NCIGF AND GSI AND RECOGNIZE A TAX LIABILITY IF NCIGF OR GSI HAVE TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY NCIGF AND GSI, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2022 AND 2021, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. NCIGF AND GSI ARE SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. NCIGF AND GSI HAVE FILED ITS FEDERAL AND STATE INCOME TAX RETURNS FOR PERIODS THROUGH DECEMBER 31, 2021. THESE INCOME TAX RETURNS ARE GENERALLY OPEN TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE LATER OF THE DATE THE RETURN WAS FILED OR ITS DUE DATE (INCLUDING APPROVED EXTENSIONS). PART XI, LINE 2D - OTHER ADJUSTMENTS: OTHER PENSION RELATED CHANGES 98,669. X X X X 0 0 0 ROGER H SCHMELZER PRESIDENT, CEO 285259 0 84340 0 35718 0 13725 0 19608 0 438650 0 0 0 AMY J CLARK V.P., CFO 148906 0 60062 0 1651 0 9662 0 11601 0 231882 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 NCIGF IS A MEMBERSHIP ASSOCIATION OF POST-ASSESSMENT AND PRE-ASSESSMENT PROPERTY AND CASUALTY INSURANCE GUARANTY FUNDS WHICH ARE FUNDS ESTABLISHED BY THE LAWS OF THE VARIOUS STATES AND THE DISTRICT OF COLUMBIA. THE TERM "GUARANTY FUNDS" INCLUDES "GUARANTY ASSOCIATIONS", "INSOLVENCY FUNDS", "SECURITY FUNDS", OR ANY OTHER LEGISLATIVELY MANDATED MECHANISM CREATED TO PROVIDE PROTECTION AGAINST THE INSOLVENCY OF LICENSED PROPERTY AND CASUALTY INSURERS. FORM 990, PART VI, SECTION A, LINE 7A THE NOMINATING COMMITTEE NOMINATES INDIVIDUALS FOR POSITIONS ON THE BOARD OF DIRECTORS THAT BECOME VACANT PRIOR TO THE ANNUAL MEETING. INDIVIDUALS MAY ALSO BE NOMINATED BY ONE MEMBER AND SECONDED BY TWO OTHER MEMBERS OR NOMINATED FROM THE FLOOR BY A 2/3 VOTE AT THE ANNUAL MEETING OF MEMBERS. THE MEMBERS ELECT NOMINEES TO THE BOARD OF DIRECTORS AT THE ANNUAL MEETING OF MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B ANY CHANGE TO THE CORPORATE BYLAWS REQUIRES APPROVAL OF A MAJORITY OF NCIGF MEMBER GUARANTY FUNDS. FORM 990, PART VI, SECTION B, LINE 11B THE PROCESS FOR REVIEW THE FORM 990 INCLUDES A REVIEW BY THE TREASURER, AUDIT COMMITTEE, AND BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE WRITTEN CONFLICT OF INTEREST POLICY IS REGULARLY AND CONSISTENTLY MONITORED AND COMPLIANCE ENFORCED BY THE PRESIDENT AND CEO. THE SCOPE OF THE CONFLICT OF INTEREST POLICY INCLUDES OFFICERS, DIRECTORS, TRUSTEES, AND EMPLOYEES. ANNUALLY, THE PRESIDENT DELIVERS THE POLICY TO EACH INDIVIDUAL. EMPLOYEES ARE REQUIRED TO FILL OUT AND SUBMIT A CONFLICT OF INTEREST FORM. ANY INSTANCES OF NONCOMPLIANCE WITH THE POLICY ARE TO BE PROMPTLY REPORTED TO THE BOARD. BOARD MEMBERS WITH POTENTIAL OR ACTUAL CONFLICTS OF INTEREST ARE TO REFRAIN FROM PARTICIPATING IN ANY DELIBERATION OR DECISIONS ON SUCH TRANSACTIONS WHICH IS NOTED IN THE MINUTES OF THE MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION FOR THE CHIEF EXECUTIVE AND OTHER OFFICERS INCLUDES A REVIEW AND APPROVAL BY THE INDEPENDENT EXECUTIVE COMMITTEE MEMBERS OF THE BOARD OF DIRECTORS; COMPARABLE DATA FROM AN INDEPENDENT AND EXTERNAL HUMAN RESOURCE CONSULTANT IS CONDUCTED AND REVIEWED BY THE EXECUTIVE COMMITTEE; AND DOCUMENTATION ON THE DELIBERATION AND DECISION OF THE COMPENSATION ARRANGEMENTS ARE RECORDED IN THE MINUTES OF THE ORGANIZATION. NCIGF DOES NOT HAVE ANY EMPLOYEES THAT MEET THE FORM 990 KEY EMPLOYEE DEFINITION, BUT A SIMILAR PROCESS IS CONDUCTED FOR TOP MANAGEMENT POSITIONS OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 NCIGF GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS WOULD BE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGES IN DEFINED BENEFIT PENSION 98,669. FORM 990, PART XII, LINE 2C, OVERSIGHT OF AUDIT: THE AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTING FIRM; AND, NO PROCESSES HAVE CHANGED FROM PRIOR YEAR. GUARANTY SUPPORT INC 300 N MERIDIAN ST STE 1020 INDIANAPOLIS IN 46204 352542172 TECHNOLOGY AND CONSULTING SERVICES IL NATIONAL CONFERENCE OF INSURANCE C 972806 356854 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 PART IV, IDENTIFICATION OF RELATED ORGANIZATIONS TAXABLE AS CORP OR TRUST: NAME OF RELATED ORGANIZATION: GUARANTY SUPPORT, INC. DIRECT CONTROLLING ENTITY: NATIONAL CONFERENCE OF INSURANCE GUARANTY FUNDS INC