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International Affairs

Steve Simchak small.jpg
Stephen Simchak
Vice President and Chief International Counsel

Steve Simchak serves as Vice President and Chief International Counsel for the American Insurance Association (AIA), overseeing AIA’s engagement on international trade negotiations and global regulatory issues and maintaining AIA’s relationships with industry groups in other countries. Mr. Simchak serves as an industry advisor to federal agencies and has testified in front of congressional and federal bodies. He is also the Chairman of the Cyber Risks Working Group of the Global Federation of Insurance Associations (GFIA).

Prior to joining AIA, Mr. Simchak was the Program Director of the Coalition of Services Industries (CSI), where he represented the U.S. services sector’s interests in ongoing international trade negotiations. Before CSI, he worked on the staffs of Reps. J. Randy Forbes and Bill Shuster.

He earned a Bachelor's Degree, Phi Beta Kappa, from Trinity College, a Master's Degree with Merit in Global Politics from the London School of Economics, and a Juris Doctor Degree, Cum Laude, and Certificate in World Trade Organization Studies from Georgetown University. At Georgetown, he was a Fellow of the Institute of International Economic Law.

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 More from Steve Simchak

AIA's Steve Simchak comments on the proposed U.S.-U.K. covered agreement in Business Insurance

December 12, 2018 - “We applaud U.S. and U.K. negotiators for prioritizing the stability of the insurance marketplace ahead of next year’s Brexit.”...

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AIA's Steve Simchak supports USMCA at hearing in Reactions

November 21, 2018 - The American Insurance Association has put its support behind a new trade deal that it believes “will bring welcome new relief to US insurers operating in Canada and Mexico.”...

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AIA's Steve Simchak testifies at U.S.-Mexico-Canada Agreement trade hearing in Insurance News Net

November 15, 2018 - "Though not all of the outcomes in USMCA are ideal, AIA believes that the USMCA will leave U.S. insurers and reinsurers in a measurably better position overall than we currently enjoy under the North American Free Trade Agreement (NAFTA)."...

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AIA’s Steve Simchak discusses NAFTA’s replacement in AM Best

October 4, 2018 - “In particular, we are pleased to see that the new agreement contains a strong commitment on cross-border data flows and storage that will benefit the insurance industry” Simchak said....

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AIA joins a coalition of U.S. and U.K. financial services organizations in Insurance Business

October 3, 2018 - AIA's Steve Simchak says, "We felt it was very important that the insurance industry both in the United States and in the United Kingdom be part of the collaborative efforts amongst the financial services industries to engage with both of our governments on bilateral trade and regulatory issues."...

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Op-ed: President Trump's Meeting with Kenyan President Uhuru Kenyatta May Bring Good News for Insurers

August 27, 2018 - President Trump’s Monday meeting with his Kenyan counterpart President Uhuru Kenyatta may lead to closer trade ties between our nations, which should be welcome news to U.S. insurers, reinsurers, and Kenyan consumers....

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AIA's Steve Simchak weighs in on the first joint committee meeting under the covered agreement with Inside U.S. Trade

March 27, 2018 - "We are very pleased to see that U.S. state insurance commissioners participated in the meeting, since it is they who are implementing it on the ground in the United States."...

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AIA's Steve Simchak discusses the ongoing NAFTA renegotiations in Inside U.S. Trade

February 2, 2018 - "If NAFTA 2.0 is going to set the standard for modern trade agreements and set the rules for trade in our region it cannot be [Trans-Pacific Partnership] TPP-minus or NAFTA-minus, which is what it would be if MFN-forward is cut out," said Simchak....

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AIA's Steve Simchak explains why you should be paying attention to this round of NAFTA renegotiations

January 22, 2018 - By permitting financial institutions to store and process data in the location that’s best for them, we can improve the financial products we all consume, help secure our personal information from cyberattacks, and help make it possible for the under-insured and under-banked populations to gain access to the financial system....

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AIA's Steve Simchak discusses the importance of data flows in NAFTA in The Wall Street Journal

November 2, 2017 - “For the financial services industries, data flow commitments really are a must-have in Nafta,” said Steve Simchak, director of international affairs for the American Insurance Association, a trade group that represents 320 U.S. insurers....

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AIA’s Steve Simchak talks with Inside U.S. Trade about NAFTA negotiations and U.S. insurers

September 27, 2017 - “My understanding is that the specific discussions on financial services have gone well so far, though the financial services chapter cannot exist in a vacuum, of course,” Steve Simchak, director of international affairs at the American Insurance Association, told Inside U.S. Trade. “A successful outcome in the NAFTA negotiations is crucial for U.S. insurers, and we look forward to continuing to engage with the negotiations in future rounds.”...

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AIA's Steve Simchak discusses the ongoing NAFTA renegotiations in Politico's Morning Trade

August 21, 2017 - "By all accounts this was a successful first round,” Steve Simchak, director of international affairs at the American Insurance Association, said in a statement to Morning Trade. “The pace that the three parties have committed to is impressive and a good sign of their expectations for future progress. The bottom line is that it seems as though all three are willing to improve NAFTA — to make it more reflective of the way business is done today rather than how business was done almost 25 years ago."...

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A.M. Best discusses testimony on NAFTA renegotiation by AIA's Steve Simchak

July 5, 2017 - American Insurance Association (AIA) Director of International Affairs Steve Simchak said that as federal negotiators work to update the North American Free Trade Agreement (NAFTA), they should focus on preserving insurance-friendly treaty language while expanding U.S. business opportunities across the continent. ...

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AIA's Steve Simchak argues for a modernized NAFTA agreement in Real Clear Markets

June 22, 2017 - The North American Free Trade Agreement (NAFTA) was written at a time when people still watched movies on VCRs, made calls from payphones, and played cassette tapes in their cars. We must modernize the agreement in a way that best serves Americans. ...

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