Tennessee Commish McPeak Elected to Global Insurance Committee Leadership Post

Tennessee Department of Commerce & Insurance Commissioner (TDCI) Julie Mix McPeak has been elected by her fellow members of the International Association of Insurance Supervisors (IAIS) to serve as vice chair of the group’s Executive Committee (ExCo).

Comprised of insurance regulators and supervisors from more than 200 jurisdictions, the IAIS is the international standard-setting body for insurance supervision. IAIS meetings provide an opportunity for state insurance regulators to meet with their international counterparts. The group’s Executive Committee provides leadership in its ongoing efforts to support global financial stability.

“I am honored and pleased to represent the United States and state insurance regulators as vice chair,” said McPeak, who has served on the IAIS ExCo for more than two years. “We will continue to work on behalf of consumers and ensure consumer protection both in the U.S. and abroad in the creation and implementation of international insurance standards.”

McPeak was appointed to lead TDCI by Governor Bill Haslam in January 2011. In February 2016, McPeak was elected as vice president of the National Association of Insurance Commissioners (NAIC). The NAIC is the U.S. standard-setting and regulatory support organization created and governed by the chief insurance regulators from the 50 states.

Other IAIS ExCo appointments to the ExCo include NAIC President-Elect and Wisconsin Insurance Commissioner Ted Nickel and Texas Insurance Commissioner David Mattax. Connecticut Insurance Commissioner Katharine L. Wade was appointed to the IAIS Financial Stability and Technical Committee.