Katharine L. Wade is the principal in Dunraven Strategies advising clients on insurance and regulatory matters. Wade served as Connecticut’s Insurance Commissioner from March 2015 to December 2018, where she was responsible for balancing the oversight of consumer protection and market stability of an industry that generates $170 billion in direct written premium – top 3 in the U.S.
She represented the U.S. and the state insurance regulatory system in international standard setting, G-SII designation, US-UK Covered Agreement, regulatory equivalence discussions, the first G20 Insurance Summit and in testimony before Congress. Wade served on the National Association of Insurance Commissioners (NAIC) Executive Committee and chaired the International Insurance Relations (G) Committee and the Health and Managed Care (B) Committee. In addition, she served on the Executive Committee and Policy Development Committee of the International Association of Insurance Supervisors (IAIS) as well as U.S. Treasury, Federal Advisory Committee on Insurance.
As Commissioner, she advanced the adoption and market introduction of new technology and innovation with start-ups and traditional insurers. A thought leader on regulatory policy, she advocated for regulatory collaboration in the U.S. and with the global regulatory community to encourage and foster market innovation to provide consumers with new products and services, enhance the customer experience and improve risk management and insurance operations.
Prior to becoming Commissioner, Wade led a 130-member team responsible for federal and state government affairs, public policy and U.S. compliance for the global insurer, Cigna, where she worked for more than 20 years.