BALTIMORE – The Maryland Insurance Administration (MIA) is hosting an insurance regulator from Thailand this fall as part of the National Association of Insurance Commissioners (NAIC) International Fellows Program.
Nuengrutai “Nueng” Hengburriboonpong, Director of Investment Supervision in Thailand’s Office of Insurance Commission, will spend five weeks at the MIA, learning generally about the US system of state-based insurance regulation and how the MIA regulates Maryland’s $46 billion insurance industry. Hengburriboonpong will work in technical areas of her specialization under the supervision of MIA subject matter experts. Significantly, she will also participate in a cross-divisional training rotation to learn how each regulatory function of the MIA supports the agency’s mission to protect the rights and interests of insurance consumers by facilitating a strong and competitive insurance market, enforcing insurance regulatory laws and requirements, and offering consumer education and assistance.
“We are very pleased to host Ms. Hengburriboonpong at the Maryland Insurance Administration,” said Maryland Insurance Commissioner Kathleen A. Birrane. “The International Fellows Program is a great opportunity for insurance regulators across the world to collaborate and learn from each other.”
The NAIC developed a formal International Internship Program in 2005 to advance working relations with foreign markets, emphasizing the exchange of regulatory techniques and technology. The program was formally renamed the International Fellows Program in 2010 and is conducted twice a year — spring and fall.
Since its inception, the International Fellows Program has hosted more than 300 participants in person and another 200 virtually from over 45 countries. Maryland has previously hosted fellows from China and Saudi Arabia.
In addition to her five weeks in Maryland, Hengburriboonpong will participate in a one-week training session at NAIC headquarters in Kansas City. She will conclude her U.S. visit in late November with a two-day session at the NAIC’s Capital Markets & Investment Analysis Office in New York.
Hengburriboonpong joined the Audit Department of the Thailand Office of Insurance Commission in 2013. She was promoted to Director of Investment Supervision in 2020. She holds a bachelor’s degree in accounting from Thammasat University in Bangkok and a master’s degree in risk management from Chulalongkorn University in Bangkok.
About the Maryland Insurance Administration