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Charity, Gifts and Internet of Things: Proposed changes to the NAIC Unfair Trade Practices Act
Speakers: John Beauchamp, Wes Bissett, Maureen Brown, and Elizabeth Dwyer
February 23rd at 2 PM ET
The NAIC proposed amendments to section H. Rebates, of the Unfair Trade Practices Act that may help insurers and producers in innovating insurance products. The amendments address the following issues; Charitable contributions, Gifts and Internet of Things. This webinar will look at these amendments from the producer, insurer and regulator perspective.
Presented by the Regulatory & Legislative and Underwriting Interest Groups
Senior Counsel of Government Affairs, Independent Insurance Agents & Brokers of America
Wesley Bissett is President of The Bellemore Group, a public policy consulting, government relations, and regulatory compliance firm. He provides insurance and financial services clients with assistance on a broad array of issues and serves on various insurance industry-related committees and boards.
Bissett is also Senior Counsel of Government Affairs for the Independent Insurance Agents & Brokers of America and develops legislation, provides technical expertise, and offers political assistance to efforts that enhance the independent agency system.
Maureen Brown, CPCU
Senior Vice President of Innovation underwriting Unit , Munich Re
Maureen Brown has over 45 years of experience in the Property and Casualty Insurance Industry. Over her career, she has worked in Agency, MGA and Company leadership positions. She currently leads an underwriting unit focused on new and emerging exposures such as autonomous automobiles, tech enabled insurance products and mobility as a service risks.
She is a past chairperson of the CPCU Excess and Surplus Lines/Specialty Lines (ESSL) Committee. In addition to her CPCU designation, she has received her RPLU+, ARe, ARM-P, and ASLI designations.
Superintendent of Insurance, Rhode Island
Beth Dwyer was appointed Superintendent of Insurance on January 11, 2016. Prior to this appointment she had been employed by the Rhode Island Department of Business Regulation for fifteen years, first as General Counsel to the Insurance Division and later as Associate Director. Prior to government service, Ms. Dwyer was engaged in private law practice in California and Rhode Island specializing in litigation and insurance regulation.
Ms. Dwyer is a member of the National Association of Insurance Commissioners and currently serves as Chair of the Financial Regulation Standards and Accreditation (F) Committee; the Interstate Insurance Product Regulation Compact (IIPRC) and the Restructuring Mechanisms (E) Working Group; Co-Chair of the Producer Licensing (D) Task Force; Vice Chair of the Innovation and Technology (EX) Task Force, the Big Data (EX) Working Group; Secretary/Treasurer of the National Insurance Producers Registry (NIPR) Board of Directors and a member of the System for Electronic Rates & Forms Filing (SERFF) Advisory Board.
Ms. Dwyer is an appointed member of the U.S. Department of the Treasury, Federal Advisory Committee on Insurance (FACI). She is a past president of the Rhode Island Women’s Bar Association and served on the Rhode Island Supreme Court Advisory Committee on Gender in the Courts. She was awarded the 2010 Rhode Island Attorney General’s Justice Award for Consumer Protection. She completed the Senior Executives in State and Local Government Program at Harvard University, John F. Kennedy School of Government Executive Education.
Ms. Dwyer holds the designations of Chartered Life Underwriter (CLU) from The American College and Senior Professional in Insurance Regulation (SPIR) from the NAIC. She was admitted to practice law in California, Rhode Island, Massachusetts, the Federal District Courts of California and Rhode Island and the Ninth Circuit Court of Appeals. She received a JD from Pepperdine University and a BA in Political Science and Public Administration from Providence College.
Head of Internal Audit, Beazley Group
John Beauchamp has over 30 years of insurance experience and joined Beazley in 2009 to establish its’ environmental underwriting unit and then moved to lead its’ global Specialty Lines Underwriting Management team. He has expertise in underwriting specialty lines products in both the company and Lloyd’s marketplace.
In 2019, he was appointed by the Board of Directors to serve as the Beazley plc. Head of Internal Audit and works closely with the Board, Executive Management and Regulators.