Consumer protection remains paramount for insurance supervisors globally. However, protection gaps across many lines of insurance are creating challenging situations for the insurance sector. In many cases, education and promotion of traditional insurance products will help but will not be enough to fill the gaps; innovation will be necessary.
Panelists discussed innovative new concepts in the insurance industry in order to explain how insurance is changing, especially for those traditionally left without coverage.
Moderator: Andrew N. Mais, NAIC President and Commissioner, Connecticut Insurance Department
Panelists:
- Dr. Guillermo Pedro Plate, Superintendent, Superintendencia de Seguros de la Nación, Argentina
- Adam Rimmer, Chief Executive Officer and Co-Founder, FloodFlash
- Peter Windsor, Senior Financial Sector Expert, International Monetary Fund
