MULREADY MINUTES PODCAST

Mulready Minutes Podcast series examines key topics in the insurance industry from a regulator’s point of view. Featured guests are top executives in insurance and private sector companies. Get inspired by professionals from around the globe and in all sectors as they share their challenges, triumphs, and successes.  Expand your knowledge and learn about the latest innovations in the marketplace.

BEHIND THE MICROPHONE

Glen Mulready became the 13th elected Oklahoma Insurance Commissioner after receiving 62 percent of the vote statewide.  He was sworn into office on January 14, 2019.  Glen is a long-time insurance professional and private sector businessman who is a recognized leader and champion in the insurance industry.  As Commissioner, Glen has brought a business-like, bottom-line approach to budgeting and management of the Insurance Department.  He is Vice-Chair of the National Association of Insurance Commissioners’ (NAIC) Midwest Zone and sits on a number of Task Forces and Committees with NAIC.

PODCAST EPISODES

Episode 1 – Andy Beal: Looking at the global pandemic and the effect it had on the insurance market. Updates from NAIC and their position on topics like business interruption insurance and telehealth. 

Andrew Beal, NAIC Chief Operating Officer; Chief Legal Officer 

Andrew J. Beal joined the National Association of Insurance Commissioners in 1999. Mr. Beal served as General Counsel from 2000 until July 2006 when he was promoted to the position of Deputy Executive Vice President and Chief Legal Officer. He was appointed Chief Operating Officer and Chief Legal Officer in February 2009. In his current role, Mr. Beal’s duties include managing the day-to-day operations of the organization, with special focus on strategic planning and implementation of key initiatives, as well as engagements in innovation and emerging technologies in the insurance sector.

Episode 2 –During this episode, Commissioner Mulready will sit down with Heather McClure and Donald Ashwood to discuss the benefits of Captives and why they were the best risk mitigation tool for OU Medicine.

Heather McClure, JD, LL.M., Chief Risk Advisor, AON U.S. Healthcare Practice

Heather McClure is the Chief Risk Advisor for Aon’s U.S. Healthcare Practice. McClure leads the development and execution of strategy and innovation in risk consulting. Prior to joining Aon in 2021, Heather served as Chief Risk Officer for the University of Oklahoma’s academic medical system, OU Medicine. There she managed risk, insurance, and claims within a captive program, where she was Vice President and Chief Legal Officer. Heather has 28 years of experience in healthcare. She first began working in the industry in 1993 in Chicago at a large healthcare system working on complex contracts, policies, and managing risk.

Donald Ashwood, PIR, ACS, ALMI, Captive Coordinator at the Oklahoma Insurance Department

In his role, Donald serves as the primary captive regulator for all current/existing domestic captive insurance companies and captive service providers. Donald’s role is also charged with conducting/coordinating the review & analysis of annual financial reports and business plan revision requests for all Oklahoma domestic captives, monitoring/suggesting prospective captive statutory/rule amendments, periodic conference participation, as well as other various duties. Donald is currently working to obtain the Associate in Captive Insurance (ACI) designation as part of the International Center for Captive Insurance Education (ICCIE).

Episode 3Commissioner Glen Mulready discusses the key considerations for establishing a Captive Insurance Company and what benefits that may pose. Plus, guests Heather McClure from AON and Donald Ashwood from OID will break down requirements, rules, and best practices.

Heather McClure, JD, LL.M., Chief Risk Advisor, AON U.S. Healthcare Practice

Heather McClure is the Chief Risk Advisor for Aon’s U.S. Healthcare Practice. McClure leads the development and execution of strategy and innovation in risk consulting. Prior to joining Aon in 2021, Heather served as Chief Risk Officer for the University of Oklahoma’s academic medical system, OU Medicine. There she managed risk, insurance, and claims within a captive program, where she was Vice President and Chief Legal Officer. Heather has 28 years of experience in healthcare. She first began working in the industry in 1993 in Chicago at a large healthcare system working on complex contracts, policies, and managing risk.

Donald Ashwood, PIR, ACS, ALMI, Captive Coordinator at the Oklahoma Insurance Department

In his role, Donald serves as the primary captive regulator for all current/existing domestic captive insurance companies and captive service providers. Donald’s role is also charged with conducting/coordinating the review & analysis of annual financial reports and business plan revision requests for all Oklahoma domestic captives, monitoring/suggesting prospective captive statutory/rule amendments, periodic conference participation, as well as other various duties. Donald is currently working to obtain the Associate in Captive Insurance (ACI) designation as part of the International Center for Captive Insurance Education (ICCIE).

Episode 3 –Chris Kenney: Looking at the pandemic and its impact on American Fidelity. What pandemic-related changes will stick around and what the company is looking forward to ahead.  

Chris Kenney, Senior Vice President, General Counsel, American First Fidelity Corporation and CEO for American Fidelity Securities

In his roles, he oversees the departments of Law, Corporate Compliance, Government Affairs, Broker Dealer Securities activities, and Corporate Secretarial Services. He joined American Fidelity in 2003 after spending seven years in the Legal Division at Kemper/Reserve National Insurance Company and three years as Assistant General Counsel at the Oklahoma Insurance Department. In addition to serving on the Board of American Fidelity International (Bermuda) Ltd., Chris serves on several related company boards, including Alcott HR LLC, Insurica, American Fidelity Securities and American Fidelity General Agency.

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