Nick Gerhart is the Chief Administrative Officer for Farm Bureau Financial Services and the former Insurance commissioner for the state of Iowa. He is a proven executive with over ten years of experience in government and industry with a strong focus on insurance, health care, and securities. As the Commissioner of Iowa, he oversaw one of the largest domestic insurance states in the nation; lead a team of 100 professionals on a budget of nearly 15 million dollars; and Improved efficiency by updating technology, aligning scarce resources and consolidating and streamlining operations.

At NAIC this spring, Sneha Bhagat sat down with Gerhart to discuss the future of insurance and technology. Watch below as Gerhart discusses how new companies are sure to succeed and fail in today’s insurance marketplace.