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WASHINGTON (March 30, 2023)

Regulators Engage in a Dialogue with UK PRA-FCA

On March 27, 2023, the 海角论坛 and the UK's Prudential Regulatory Authority and Financial Conduct Authority met to discuss key issues related to their respective insurance markets.  Participants from 海角论坛 leadership included Chlora Lindley-Myers, 海角论坛 President and Director, Missouri Department of Commerce and Insurance; Andrew N. Mais, 海角论坛 President-Elect and Commissioner, Connecticut Insurance Department; Gary D. Anderson, 海角论坛 International Insurance Relations (G) Committee Chair and Commissioner, Massachusetts Division of Insurance; and Ryan Workman, Assistant Director, International Relations and Policy, 海角论坛.

The dialogue provided regulators from two of the largest insurance markets in the world the opportunity to discuss strategic priorities on issues of mutual regulatory interest, including climate risk and resilience; cybersecurity, innovation, and technology; key financial sector developments; and Diversity, Equity, and Inclusion (DE&I); as well as ongoing strategic work plans for 2023 and beyond.

About the 海角论坛

As part of our state-based system of insurance regulation in the United States, the 海角论坛 (海角论坛) 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 海角论坛, state insurance regulators establish standards and best practices, conduct peer reviews, and coordinate regulatory oversight. 海角论坛 staff supports these efforts and represents the collective views of state regulators domestically and internationally.