Agenda

This session will welcome attendees to the Hybrid/Virtual Insurance Summit and explain how it will work including access to the Exhibit Hall.

This dynamic session, presented by a Washington D.C. government affairs specialist and diplomacy consultant to the Department of State who specializes in simplifying complex geopolitical risk trends and developments, will address, assess, and explain the rapidly changing global environment that is vastly changed from just a decade ago. After twenty years as the world’s only dominant power, the U.S. must adapt to a multi-polar global landscape that incorporates Chinese, Russian, and other significant challenges to the liberal, rules-based international order that has delivered our current and greatest level of prosperity and achievement in human history. As a nation, as a society, and as insurance regulators, we need to know with accuracy what is happening worldwide and proceed with a facts-based approach to best decide and act in the best interest of insurance stakeholders.

Insurance Industry as a Target - Vulnerabilities:  What does the data tell us about how attacks on the insurance sector of the financial services industry are trending and why?  

Join us for food and beverages outdoors and up high with a beautiful scenic view of Kansas City downtown for an opportunity to rekindle treasured relationships and expand your professional network through the development of new relationships.   

The NAIC's Research Library and Center for Insurance Policy and Research (CIPR) offer a huge wealth of resources and information.  We will provide an overview of what is available and how to get the most out of it.

Join us as our panel of cybersecurity experts discusses cybersecurity trends across the insurance industry.

Catastrophes can happen anywhere and at any time, even if your state has not been prone to catastrophic events in the past. The NAIC's Catastrophe Resource Center web page provides documents and materials to help state insurance regulators plan for and respond to catastrophic events. John NAIC staff to discuss the Catastrophe Resource Center, and provide us with feedback on how to better meet the needs of your state. 

Learn how state insurance regulators can customize the State Based Systems (SBS) user interface to make their jobs easier and more efficient.

Learn how state insurance regulators can create custom reports in State Based Systems (SBS).

Research shows that consumers face a number of challenges in decision making involving risk. Previous research has also shown that there are significant differences in insurance ownership by race. Dr. Heckman, a 2021 CIPR Research Fellow, will share his ongoing work on the intersection of risk literacy and race in this session, with the goal of guiding efforts to improve consumer understanding and decision-making in the areas of insurance and risk management.

Learn how state insurance regulators use State Based Systems (SBS) to review and process pending license applications. 

Panelists to recommend strategies for closing the wealth gap among minority communities. Whether by race, gender or sexual orientation, minority communities are needing specific ways to close the wealth gap in America. Panelists will offer reasons why the gap exists and invaluable tools and resources to minimize the gap.

Always a conference favorite, the NAIC Officers will be together again on a panel moderated by NAIC's CEO to discuss the very latest regarding what's happening at the NAIC, in the states and the industry.  Given these unprecedented times with COVID -19, expect to hear some interesting and innovative new themes as well as what NAIC is doing to actively engage and work on the most important issues of the day. You won't want to miss it!

CIPR and the NAIC’s Legal Division have built a dashboard tool to track adoption of NAIC Model #668 and compare changes and additions state-by-state. In this regulator-only session, the team will walk through the functionality of the dashboard, discuss legislative trends amending the model law language, and provide recommendations for states considering or drafting insurance data security legislation.

The NAIC's Research Library and Center for Insurance Policy and Research (CIPR) offer a huge wealth of resource and information.  We will provide an overview of what is available and how to get the most out of it.

OPTins was built as a system to help states collect premium tax forms and payments. As states adopted this easy to implement solution, many saw an opportunity to use it for other data and fee collection needs, from surplus lines to assessments and a variety of state-specific filings. Today, the system provides a means for states to collect a variety of documents and payments for regulatory needs.

This session will provide an update on current health insurance-related federal legislative and administrative activities.

This session will provide an overview of the cyber insurance market, including an update to data collected in the NAIC’s Cybersecurity Insurance and Identity Theft Coverage Supplement. Market players will discuss growth, challenges, exclusions, and the future of the cyber insurance market. The panel will look at what data is needed to model cyber risk and what the capacity of the private market is to provide coverage for cyber risk.

George Nichols will share implications to the insurance industry of the wealth gap that persists in minority communities and suggested tactics for how we help in closing the gap. 

Innovation and Technology State Contacts from around the country will discuss recent developments in the Big Data and AI/ML world and discuss critical issues related to cybersecurity.