Primer on US Regulation of InsurTech Applications

October 2023

Authors

Dave Sandberg, FSA, MAAA, CERA

Description

In the United States, the insurance industry is regulated by the individual states. To assist in uniformity, the National Association of Insurance Commissioners (NAIC) meets three times a year to review and propose model laws and assess emerging issues. This report examines the process from start to finish.

Materials

Primer on US Regulation of InsurTech Applications

Acknowledgments

The researcher’s deepest gratitude goes to those without whose efforts this project could not have come to fruition: the Project Oversight Group for their diligent work overseeing, reviewing, and editing this report for accuracy and relevance.

Project Oversight Group members:
Josee Deroy, FSA, MAAA
Amanda B. Turcotte, FSA, MAAA

At the Society of Actuaries Research Institute:
David Schraub, FSA, CERA, MAAA, AQ

Questions or Comments?

If you have comments or questions, please send an email to research@soa.org.