NAIC CEO Senator Ben Nelson gave the keynote address at the NRRA Annual Conference in Chicago. Here, he discusses his participation in the meeting and how relations between NRRA and the NAIC could improve going forward.

Senator Nelson was happy to participate in the meeting to help build a better understanding between NRRA and RRGs and the NAIC and State regulators. He sees informal communication about issues will help resolve potential conflicts more effectively.

The NAIC CEO also said he sees similar challenges for captives and the traditional market with regard to cyber security. He says it is important to “protect and detect” against data breaches.

Watch Senator Nelson’s 2-part interview with NRRA Executive Director Joe Deems on’s Issues in Risk Retention. And for more from the 2015 NRRA Conference, visit the On Demand Library.

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