The American Insurance Association (AIA) has joined 27 other financial services industry associations and trade groups as the newest member of the Financial Services Sector Coordinating Council for Critical Infrastructure Protection and Homeland Security (FSSCC).
The FSSCC, a network of financial trade associations and private firms representing thousands of financial services organizations, works closely with the U.S. Department of the Treasury and financial regulators, as well as with the Department of Homeland Security, to coordinate the private sector’s preparation for events that could disrupt the normal business of the financial services, such as terrorism, natural disasters or cyber attacks.
“The American Insurance Association has a strong tradition of leadership, shaping public policies,” said Donald F. Donahue, Sector Coordinator and Chairman of the FSSCC. “While the Council had participation from the life insurance sector of the insurance industry, the addition of the AIA now rounds out the industry representation by adding the property and casualty side, too.