The Association of British Insurers (ABI) and its members have met with the Governor of Nebraska, Pete Ricketts, as part of steps to develop relationships, share learning and drive innovation with the growing (re)insurance market in Nebraska.
The Governor attended a roundtable meeting at the industry body’s headquarters in London to discuss a variety of issues, including how (re)insurers can continue to grow and remain competitive, partnerships between traditional insurers and insurtechs, and how the sector can remain an attractive place to work.
Governor of Nebraska, Pete Ricketts, said:
“States across America look to Nebraska for guidance when developing regulatory frameworks. Our reputation for fair, consistent, and transparent regulation has drawn investment from domestic and international insurers alike. The United Kingdom’s insurance industry is the largest in Europe, with a track record of innovation. The ABI’s advocacy has played a significant role in its success. Our team greatly enjoyed and benefited from our conversations with ABI leadership. Thank you to the ABI for your enthusiasm to grow relationships between the state of Nebraska and UK’s dynamic insurance sector.”
Charlotte Clark, the ABI’s Director of Regulation said:
“Collaboration is key to encourage growth and innovation, and the US insurance market is well-developed and one we have a strong bilateral relationship with. Nebraska is a key part of that market.
“We are always looking for ways to learn from, and share our own knowledge with, other markets and are delighted to meet with Governor Ricketts and his team. This discussion is key to continuing to build a mutually beneficial relationship between the UK and Nebraska, where we can understand more about each other’s processes, develop new ways of thinking and ultimately ensure the industry remains competitive and the best-in-class for consumers.”
For more information contact the Press Office.