NAIC Members Highlight U.S. Efforts on Closing Insurance Gaps at Morocco Event
From April 14–16, NAIC Members and staff were in Morocco for a series of bilateral meetings with Moroccan insurance officials in the country’s capital, Rabat, and to participate in the 12th Rendez-vous de Casablanca de L'Assurance in Casablanca.
On April 15, at the 12th Rendez-vous de Casablanca de L'Assurance, Rhode Island Department of Business Regulation Director and NAIC President-Elect Elizabeth Kelleher Dwyer participated in the panel, “How Can Insurers Innovate and Expand Their Services and Coverage to Address Emerging Needs?” Among other topics, Director Dwyer discussed some of the initiatives state insurance regulators are undertaking related to emerging needs, including efforts regarding better data collection and analysis. She also stressed state regulators' work to encourage innovation and facilitate new products getting to the market while still ensuring consumer protections are in place.
On the panel, "Inclusion & Microinsurance: Innovative Solutions Serving SMEs, Self-Employed Workers and Low-Income Households," Ohio Department of Insurance Director Judith L. French spoke about rising insurance rates and how state insurance regulators are addressing the challenge of availability and affordability. Director French also discussed the role of innovation and the use of artificial intelligence in helping ensure underserved populations have access to needed insurance products.
Ahead of the conference, the NAIC delegation and the Moroccan Supervisory Authority of Insurance and Social Welfare (ACAPS) exchanged views on their respective insurance markets, outlining the regulatory structure, key industry numbers, and priorities for 2026. The NAIC also joined a roundtable with participants from the Moroccan insurance industry, including representatives from the Moroccan Solidarity Fund for Catastrophic Events (FSEC), the CAT Assurance & Réassurance Company, AtlantaSanad Insurance Company, and MAMDA MCMA (agricultural insurance company). Finally, the delegation met with the Morocco Fintech Center, a public-private partnership aimed at stimulating the development of financial technologies and contributing to the emergence of a national fintech industry in Morocco.
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.