Lori Barron Joins Ohio Department of Insurance Senior Team

Uncategorized  |  August 18, 2020

For Immediate Release

August 18, 2020

Contact

Robert Denhard

614-644-3366

robert.denhard@insurance.ohio.gov

Lori Barron Joins Ohio Department of Insurance Senior Team

COLUMBUS – Ohio Department of Insurance Director Jillian Froment announced that insurance veteran Lori Barron has joined the agency as a senior policy advisor. Barron will focus on strategic planning and the department’s emerging products initiative to ensure that Ohio’s insurance industry is able to engage in a flexible regulatory environment that requires the highest-level consumer protections.

“The pace of insurance innovation is moving faster than ever, and we want to continue Ohio’s momentum as a leader in this space,” Froment said. “Lori possesses more than 20 years of experience in the insurance and financial services industry, having worked in multiple roles leading business and product strategy, innovation, product development, underwriting, operations, and sales. We are excited and fortunate to have her on board.”

In addition, Barron will represent Ohio at a national level through engagement with the National Association of Insurance Commissioners and the Interstate Insurance Product Regulation Commission on life insurance and annuity issues.

The Ohio insurance marketplace, regulated by the Ohio Department of Insurance, is one of the largest in the country and world, ranking 7th and 18th respectively. It’s also Ohio’s largest business sector by gross domestic product. Approximately 1,675 insurance companies – nearly 260 of them domiciled in the state – write more than $102 billion in premiums. The department also monitors the conduct of 252,640 insurance agents and 19,220 insurance agencies.

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