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FOR IMMEDIATE RELEASE
OLDWICK - MAY 20, 2019 02:41 PM (EDT)
AM Best Executive Vice President and Chief Operating Officer Matthew C. Mosher will deliver the opening financial keynote address, titled, “Rating Agency Views of Regulatory Initiatives,” at The Insurance Summit, on Monday, June 3, 2019, at 8 a.m. (CDT), in Kansas City, MO.
The Insurance Summit, which is themed as “Where Innovation Meets Regulation,” runs through June 7, and is hosted by the National Association of Insurance Commissioners and the National Insurance Producer Registry. The event brings together a wide spectrum of insurance and regulatory participants, as well as industry innovators and other technology incumbents to discuss the future direction of insurance regulation. AM Best believes the increased pace of change in society, climate and technology has made innovation increasingly critical to the long-term success of all insurers, and in turn, the rating agency recently released a draft criteria procedure, titled, “Scoring and Assessing Innovation.”
Mosher will provide AM Best’s perspective at the summit on the most pressing issues facing regulators and rating agencies, including current and pending regulatory and market developments such as the rise of insurtech and the bilateral agreement on (re)insurance between the European Union and the United States. Other areas Mosher will touch on include big data, data privacy and the integration of environmental, social and governance factors into the investment process.
AM Best Director of Industry Relations, Government Affairs Paul Brown also will attend the event. To schedule a meeting with him, please email paul.brown@ambest.com.
Now in its fourth year, the summit will be held at the Kansas City Marriott Downtown and feature session tracks on innovation, producer licensing, antifraud, communications, market regulation and technology. For more information about the conference, please visit the event overview and agenda.
AM Best is a trusted source of insurance market insight and data, and the only global credit rating agency with a unique focus on the insurance industry. Best’s Credit Ratings are a recognized indicator of insurer financial strength and creditworthiness.