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News Release

PHOENIX, Ariz. (March 14, 2024)

CIPR to Hold Session on Financial Inclusion During Spring National Meeting

The National Association of Insurance Commissioners (NAIC) Center for Insurance Policy and Research (CIPR) will hold a panel discussion during the NAIC’s 2024 Spring National Meeting titled “Insurance to Improve Quality of Life: Understanding and Addressing Barriers to the Financial Inclusion of Insurance.” The event takes place Sunday, March 17, from 1 p.m.–2:30 p.m. MDT.  

The session will cover information such as the meaning of financial inclusion as it pertains to insurance; provide a snapshot of insurance protection gaps and the drivers behind them; identify barriers to inclusivity in insurance product offerings; and outline potential regulatory solutions to these barriers, as well as highlight the role of the insurance industry in making investments to improve a community’s quality of life and building financial literacy.

Kelly Edmiston, CIPR Policy Research Manager, will provide an overview of data related to protection gaps of health and life insurance products and services, including results from CIPR’s own financial inclusion survey.  CIPR Director Jeff Czajkowski will then moderate a panel featuring Karl Hersch, Deloitte;  Kristi Rodriguez, Nationwide Retirement Institute; and Brenda Cude, NAIC Consumer Representative.

CIPR’s special session is open to all registered NAIC 2024 Spring National Meeting participants.

The 2024 Spring National Meeting will be held March 14–18, in Phoenix, Arizona. The meeting will be held in a hybrid format.

About the National Association of Insurance Commissioners

As part of our state-based system of insurance regulation in the United States, the National Association of Insurance Commissioners (NAIC) provides expertise, data, and analysis for insurance commissioners to effectively regulate the industry and protect consumers. The U.S. standard-setting organization is governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the NAIC, state insurance regulators establish standards and best practices, conduct peer reviews, and coordinate regulatory oversight. NAIC staff supports these efforts and represents the collective views of state regulators domestically and internationally.