NAIC Announces Gary Anderson as CEO

The National Association of Insurance Commissioners (NAIC) has announced the appointment of Gary D. Anderson, the current Massachusetts insurance commissioner, as its new CEO. Commissioner Anderson is set to take the helm of the 153-year-old organization, which is governed by chief insurance regulators from all 50 states, the District of Columbia, and five US territories, starting May 1.

NAIC President and Connecticut Insurance Commissioner Andrew Mais said, "We were looking for the best fit, and we found it in Gary Anderson. Gary's dedication to our state-based system of insurance regulation and his insurance expertise are top notch. We look forward to his leadership as we navigate the complexities of regulating the insurance sector and deliver on our mission to protect consumers."

Commissioner Anderson shared his enthusiasm for the new role, saying, "I am excited to embark on the next adventure as CEO of the NAIC, supporting the state-based system of insurance regulation. Thank you to the NAIC members for the trust and faith you have placed in me."

In 2017, Anderson was appointed commissioner of insurance by Massachusetts Governor Baker. Anderson's insurance experience began in 1999 with a regional insurer in the Northwestern United States. He served as a policy adviser and senior counsel in the Massachusetts State Senate president's office, where he was involved in several policy areas, from the state's broad efforts to control healthcare costs to all matters affecting the financial services sector. Anderson joined the Massachusetts Division of Insurance as first deputy commissioner in February 2014. His responsibilities included strategic planning and policy development for all aspects of the agency.

Currently, Anderson is the secretary of the Northeast Zone and serves on the Financial Regulation Standards and Accreditation (F) Committee, Financial Condition (E) Committee, and the Audit Committee. Additionally, he has chaired the NAIC International Insurance Relations (G) Committee since 2019. He also serves on the International Association of Insurance Supervisors (IAIS) Executive Committee as its vice chair and on the IAIS Policy Development Committee (PDC), which he chaired from 2020 to 2022.

In 2022, Commissioner Anderson received the Raymond G. Farmer Award for Exceptional Leadership from the NAIC.

He holds a juris doctor from Albany Law School of Union University and a bachelor's degree in history from Idaho State University.

Massachusetts Insurance Commissioner Gary D. Anderson provided courtesy of the NCIA