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NAIC Names Acting Chief Executive Officer
The National Association of Insurance Commissioners (NAIC) Executive Committee named Andrew J. Beal as Acting Chief Executive Officer (CEO). The appointment was made during the 2023 Spring National Meeting in Louisville, Kentucky.
Beal currently serves as the Chief Operating Officer and Chief Legal Officer of the NAIC. He joined the NAIC in 1999.
“The NAIC staff and its members congratulate Andy Beal on his appointment as Acting CEO,” said NAIC President and Missouri Department of Commerce and Insurance Director Chlora Lindley-Myers. “We look forward to Andy’s continued leadership as we begin implementing State Connected, the NAIC’s 2023-2025 strategic plan. We’re confident that Andy and the NAIC internal senior leadership team will continue to provide the stability and guidance needed for the organization to support the NAIC membership during this period of transition.”
The announcement comes after Michael (Mike) F. Consedine resigned as the NAIC’s CEO, effective April 30, 2023. Consedine began serving as NAIC CEO in January 2017.
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.