Agenda

Rock Creek Ballroom, Ballroom Level

Jon Godfread, NAIC President and Commissioner, North Dakota Insurance Department

Introduction by: Eric Dunning, Chair, International Insurance Relations (G) Committee and Director, Nebraska Department of Insurance

Artificial intelligence, climate resiliency, data protection, investment portfolios, and technological advancements, among others, are all changing at a rapid pace. Insurance industry CEOs will provide a holistic view of the industry and the issues that keep them up at night, as well as bright spots for the industry moving forward.

Moderator: Jon Godfread, NAIC President and Commissioner, North Dakota Insurance Department

When interest rates remained low, alternative forms of investment became attractive among insurers as they seek to maximize returns. Rates have risen, yet there remains increasing interest in alternative investments. It seems they are here to stay. Panelists will discuss the investment landscape and regulators’ efforts to ensure they understand the shifts. Specific focus will be given to the continued rise in private credit, the impact of any proposed regulatory loosening on banks, changes in alternative assets across regions, and the challenges for regulators in keeping up with the changes.

Moderator: Nathan Houdek, Chair, NAIC Financial Condition (E) Committee and Commissioner, Wisconsin Office of the Commissioner of Insurance

Regency Ballroom BCD, Ballroom Level

Historically, emerging markets have been seen as “behind” established markets in terms of coverage and market penetration. What IS emerging from these markets, however, are innovations in the sector—new distribution models, creative use of technology, and affordable, diverse products. Panelists will examine the state of the industry in emerging markets and regulators’ role in facilitating these changes, as well as how these innovations could shape established markets.

Moderator: Justin Zimmerman, Co-Vice Chair, NAIC International Insurance Relations (G) Committee, and Commissioner, New Jersey Department of Banking and Insurance

According to the World Health Organization, by 2030, 1 in 6 people globally will be aged 60 years or over, and by 2050, that population will rise to 2.1 billion. With an aging demographic comes strains on the health segment as healthcare costs rise. Additionally, in the life segment, there could be a movement of capital out as policies and annuities are redeemed. Panelists will discuss the trends they are seeing and ways they are positioning their firms and markets to ensure that coverage remains stable.

 Moderator: Judith French, Chair, NAIC Life Insurance and Annuities (A) Committee and Director, Ohio Department of Insurance

Rock Creek Ballroom Foyer

Rock Creek Ballroom, Ballroom Level

As new weather patterns continue to strain resources across the globe, there is a push to increase resilience efforts across all insurance stakeholders (consumers, insurers, and regulators) in an effort to keep insurance available. Panelists will discuss ways in which the three are working collaboratively to deploy new technologies, promote incentives, and facilitate education to maintain protected and resilient communities.

Moderator: Lori Wing-Heier, Director, Alaska Division of Insurance and Co-Chair, NAIC Climate and Resiliency Task Force

AI will replace all of us – so goes the common thread. Despite the advancements of technology, it remains apparent that human intervention and oversight are necessary to ensure that the outcomes are true to their intended purpose. Panelists will discuss ways in which the implementation of AI and machine learning are evolving in the insurance industry and the steps needed to optimize its use while protecting consumers.

Moderator: Barbara Richardson, Chair, NAIC Innovation, Cybersecurity, and Technology (H) Committee and Director, Arizona Department of Insurance and Financial Institutions