Michael Conway has been appointed interim Colorado Insurance Commissioner, which became effective January 1, 2018. As Insurance Commissioner, Conway will also head the Division of Insurance (DOI), a part of the Colorado Department of Regulatory Agencies (DORA). Former Colorado Insurance Commissioner Marguerite Salazar, who has been serving in two roles since July 2017, when she was appointed as DORA Executive Director, resigned as Insurance Commissioner in order to focus exclusively on her duties as DORA Executive Director. Michael Conway, as Insurance Commissioner, reports to Executive Director Salazar.
Conway has been the insurance division’s deputy commissioner for consumer and compliance services since March 2016. Before that, he served as a Colorado Assistant Attorney General in the Insurance Unit for approximately six years, representing the DOI in all facets of the regulation of the insurance industry. Conway has been very involved in health, life, and long-term care insurance issues.
He has been involved in the liquidation of Colorado’s nonprofit, member-owned Affordable Care Act CO-OP carrier, including efforts to get the federal government to make the payments promised by managers of the Affordable Care Act risk corridors program. He guided the DOI’s strategies for retaining health insurance companies on Colorado’s individual market for 2018. This made Colorado one of only a handful of states to go into 2018 with the same on-exchange lineup of companies as in 2017.
Chief Deputy Commissioner Peg Brown and Deputy Commissioner of Finance Rolf Kaumann will report to Conway as part of his leadership team.
With the exception of attending law school in Miami, Conway has called Colorado home for nearly 20 years since moving to the state to attend the University of Colorado at Boulder.