New York State Insurance Fund (NYSIF)
Andrew Park currently serves as the Director of Federal Affairs at the New York State Insurance Fund, a position held since January 2025. Additionally, Andrew serves as the Chair of the Market Structure Subcommittee for the Investor Advisory Committee at the U.S. Securities and Exchange Commission, with a term that began in May 2022 and extends to May 2026. At the U.S. Commodity Futures Trading Commission, Andrew is a member of the Market Risk Advisory Committee, appointed for a term ending September 2024. Previous roles include Associate Director and Senior Policy Analyst at Americans for Financial Reform from March 2020 to January 2025, and financial journalist from 2011 to 2020, focusing on leveraged finance and securitized products. Earlier career experience includes analyst positions at PIMCO and Merrill Lynch, and an internship at the Council of Economic Advisers in the White House. Andrew holds a Bachelor of Science degree in Finance from The George Washington University.
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New York State Insurance Fund (NYSIF)
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The New York State Insurance Fund (NYSIF) was established in 1914 as part of the original enactment of the New York State Workers’ Compensation Law. NYSIF's mission is to guarantee the availability of workers’ compensation insurance at the lowest possible cost to New York employers and to provide timely, appropriate indemnity and medical payments to injured workers, while maintaining a solvent fund. Since inception, NYSIF has fulfilled the dual roles for which it was created: to compete with other carriers to ensure a fair market place and to be a guaranteed source of coverage for employers who cannot secure coverage elsewhere. NYSIF is the largest workers’ compensation carrier in New York State and among the top 10 largest workers’ compensation carriers in the nation, insuring approximately 155,000 policyholders, with more than $2 billion in annual premium and $18 billion in assets. A self-supporting insurance carrier, NYSIF operates without taxpayer funding. In addition to workers’ compensation insurance, NYSIF provides disability benefits coverage for off-the-job injuries to more than 61,000 New York employers. In 2018, NYSIF added Paid Family leave as a component of its disability benefits product, providing New Yorkers with job-protected, paid time away from work to care for their families.