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All Eyes on Economics: Connecting to Regulators Through Research, Databases, and Economic Tools, with Jeff Czajkowski (CIPR, NAIC)
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All Eyes on Economics is a podcast series by the Insurance Information Institute providing different perspectives on the intersection of economics and business strategy in the insurance and financial sectors. Thoughtful and actionable, Dr. Leonard and his guests engage in lively exchanges about how business leaders integrate economics into their wider growth strategy - and how economics is delivering tools that specifically match business needs in today’s challenging economy. What You’ll Hear in This Episode: In this episode of All Eyes on Economics, Dr. Michel Leonard, CBE, speaks to Jeff Czajkowski, Director of the Center for Insurance Policy and Research at the National Association of Insurance Commissioners. Michel and Jeff engage in a detailed discussion about the translation of technical economic research into broadly consumable content. Both holding PhDs in Economics, Michel and Jeff connect over their shared background and the current challenges researchers face in relating content including macro-economic trends, investments, and solvency requirements, to regulators and other industry stakeholders. Specifically, Michel asks Jeff about several initiatives such as Community 360, macro credential risk assessment, and the CIPR NAIC dashboards, which are essential in explaining and understanding climate risk and modeling. They discuss how each of these economic tools contributes to both building consensus among researchers and appealing to the regulatory perspective.
Acronyms Used During This Week’s Episode: ● Triple-I: The Insurance Information Institute ● CAT: Catastrophe Risk ● CIPR: Center for Insurance Policy and Research ● NAIC: National Association of Insurance Commissioners ● ACLI: American Council of Life Insurers ● CAT COE: Catastrophe Modeling Center of Excellence (COE) Mentioned: Jeff Czajkowski, CIPR LinkedIn, CIPR website Dr. Michel Leonard, CBE LinkedIn , Triple-I Website Marina Madsen LinkedIn , Triple-I Website
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