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NAIC Debuts ‘State Connected’: New Three-Year Strategic Plan
Today, during its 2023 Spring National Meeting, the National Association of Insurance Commissioners (NAIC) announced its new three-year strategic plan, State Connected.
"The insurance industry is consistently and rapidly evolving," said Chlora Lindley-Myers, NAIC President and Director of the Missouri Department of Commerce and Insurance. "Our State Connected strategy reflects these changes and strongly positions state-based insurance regulation to continue adapting, growing, and leading in the markets we serve."
State Connected was produced through the guidance and close coordination of NAIC Officers, the Strategic Planning Steering Committee, members, and staff and provides the best possible foundation for the future of state-based insurance regulation.
The 2023–2025 plan has six key strategic focus areas:
- Member Connectivity
- Training, Expertise, and Technology
- Data and Analytics
- Consumer Education, Outreach, and Advocacy
- Committee Governance and Management
- NAIC Operations
Visit the NAIC's website for more details regarding State Connected.
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.