On May 28, 2019, Brian Casey, along with the senior leadership of the Chamber of Digital Commerce, the United States leading trade association representing the digital asset and blockchain industry, and representatives of two of its other members, USAA and AIG, and met with Federal Insurance Office’s Director Steven Seitz and several of his key, senior policy leadership team members to discuss the state of the insurtech industry and the existing and potential applications of blockchain technology to the insurance and reinsurance industries. The Federal Insurance Office (FIO), which was established within the U.S. Department of the Treasury by the Dodd-Frank Act to monitor and advise on major domestic and prudential international insurance policy issues, is in the process of establishing its policies and recommendations for insurtech and blockchain.
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