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NAIC's Nelson to Keynote in Insurance Capital

Oct 29, 2013
Connecticut Insurance and Financial Services
2013 Connecticut Insurance Market Forecast

Media Contact: Karen Paterno / 860-648-2264

Nelson, CEO of National Association of Insurance Commissioners, to Give Keynote In Insurance Capital

Hartford, Conn. (October 29, 2013)
— Amidst the flux of national and international regulation, competitive advances in technology and rapidly changing, consumer-driven business models, hundreds of insurance and financial services professionals will converge in Hartford, Conn. on November 12 for the 2013 Connecticut Insurance Market Forecast ("Forecast").    

To be held at the Connecticut Convention Center, the Forecast is the preeminent gathering of insurance leadership.  Senior practitioners from property casualty, life/retirement and health, as well as chief regulators, will highlight trends and issues driving the industry. 

E. Benjamin Nelson, Chief Executive Officer of the National Association of Insurance Commissioners (NAIC), will present the keynote at the Forecast.  Nelson was most recently the United States Senator for Nebraska.  
    
“The second annual Insurance Market Forecast demonstrates that Hartford, with its 200-year history of insurance leadership, plays a key role in the global insurance marketplace," said Susan Winkler, Executive Director of the Connecticut Insurance and Financial Services (IFS) Cluster, host of the Forecast.  
 
According to the 2012 Insurance Market Report, unveiled at the inaugural Insurance Market Forecast last November, Connecticut ranks first nationally in insurance employment as a percentage of total employment.  The Report was produced in conjunction with PwC US, the presenting sponsor for the Forecast.  

This year, the Forecast will welcome two prominent regulators – Louisiana Insurance Commissioner and current NAIC President James Donelon and Benjamin Lawsky, Superintendent of New York’s Department of Financial Services. They will be joining their NAIC colleague Connecticut Commissioner Thomas B. Leonardi in providing insight into national and international regulatory changes that are affecting the industry. Commissioner Leonardi has been one of the leading voices for U.S. state-based regulation in international regulatory discussions.  The Forecast will also showcase an executive panel discussion, which will feature industry leaders and focus on current trends that are influencing new insurance products, technology and the customer experience.

The Insurance Market Forecast will run from noon until 5:00 p.m.  Other speakers include Commissioner Catherine Smith of the Connecticut Department of Economic and Community Development, and James Bedard, Chief Financial Officer/Chief Operating Officer, Northeast Region for UnitedHealthcare. 

To register and for more information, go to http://www.connecticutIFS.com.  General admission tickets are $150.

In addition to Presenting Sponsor PwC US, Gold Sponsors for the event are Conning; Massachusetts Mutual Life Insurance Company (MassMutual); State of Connecticut - Department of Economic and Community Development; The Travelers Companies, Inc.; and UnitedHealthcare.  Silver Sponsors are Catlin, Inc.; Lincoln Financial Group; and The Phoenix Companies, Inc.

Join the conversation around the Insurance Market Forecast on Facebook (ConnecticutIFS) and Twitter (@CT_IFS; #CTIMF). 

About Connecticut IFS Cluster
With the understanding that a strong insurance and financial services sector is critical to sustaining economic and employment growth in Connecticut, the MetroHartford Alliance founded the Connecticut IFS Cluster in 2003. The Connecticut IFS Cluster is a strategic initiative comprised of 30 corporate sponsors whose shared vision is to create competitive advantages in business attraction and retention, to assist with recruitment and education of a trained workforce, and to increase public awareness through advocacy. Leaders from business, state government and academia collaborate to foster growth among all of the industries' segments. For more information, visit www.connecticutIFS.com.