In this episode, Lisa Miller and I discuss regulators, regulations and how the insurance ecosystem can interrelate effectively with regulators. Lisa provides some advice on when (often) and how (engage and discuss) to work with regulators. Her advice is similar to what Trent Cooksley advised on how to pitch to investors…DO YOUR HOMEWORK. Make it easy for them to buy into your idea (rates, forms, products etc). Yes, regulators are human, and yes, they do like coffee.
MENTIONED IN THE PODCAST:
Florida Office of Insurance Regulation
Assignment of Benefits (Wes Todd & I discussed this for an entire podcast recently)
FHCF – Florida Hurricane Catastrophe Fund
Bryan Koon – Director of Florida Division of Emergency Management