The Federal Reserve Board is recruiting members for its Insurance Policy Advisory Committee, or IPAC, according to a Fed notice that's set to be published in the Federal Register.
Traditionally, the Fed has focused on regulating banks. IPAC helps the Fed understand the insurance industry.
The 21 members of the committee serve staggered three-year terms.
Members include representatives from the worlds of insurance accounting, actuarial services, academia, insurance regulation and policyholder advocacy.
The Fed hopes to fill the seats opening up this year with members with expertise in life insurance, property and casualty insurance, and reinsurance.
