Insurance executives and officials from the New York State Insurance Department have convened to revive the New York Insurance Exchange (NYIE).

According to a report on Insurance Journal, the group of 80 individuals included representatives from Marsh, Lloyds, Aon, Chartis, Swiss Re and Berkshire Hathaway. Under the guidance of Maria Filipakis, special counsel for the New York Insurance Department, seven working groups were formed to craft recommendations over the next three months that will be presented at a meeting April.

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