About the Director

Elizabeth Kelleher-Dwyer

Elizabeth (Beth) Kelleher Dwyer was named as the Director of the Department of Business Regulation (DBR) in May 2023 under Governor Dan McKee. In addition to her role as Superintendent of Financial Services where she oversees the regulation and enforcement of Insurance, Banking and Securities, she now also oversees The State Fire Marshal’s office (including the Bomb Squad), The State Building Office, Office of Cannabis Regulation, Gaming and Athletics and a wide variety of professional licenses.

Beth has been employed by the Rhode Island Department of Business Regulation for over twenty years, first as General Counsel to the Insurance Division, then as Associate and Deputy Director, responsible for Banking, Insurance and Securities. In that time, she has championed both the rights of consumers and streamlining operations to provide efficiencies to businesses that operate in Rhode Island. Ms. Dwyer is a past president of the Rhode Island Women's Bar Association. She was awarded the 2010 Rhode Island Attorney General's Justice Award for Consumer Protection. She completed the Senior Executives in State and Local Government Program at Harvard University, John F. Kennedy School of Government Executive Education.

Beth is a member of the National Association of Insurance Commissioners (NAIC) and has served as chair and vice chair of various committees, task forces and working groups. In 2022, she was appointed as the NAIC representative to the U.S. Department of Treasury’s Financial Stability Oversight Counsel (FSOC). In December 2023 at the Fall National Meeting, Members of the NAIC elected Beth to be the incoming Secretary-Treasurer. She will assume her duties on Jan. 1, 2024.

Beth has lived in Rhode Island for most of her life and is a graduate of Providence College and Pepperdine University School of Law. She holds the designations of Chartered Property and Casualty Underwriter (CPCU) from The Institutes, Chartered Life Underwriter (CLU) from The American College and Senior Professional in Insurance Regulation (SPIR) from the National Association of Insurance Commissioners (NAIC). She was admitted to practice law in California, Rhode Island, Massachusetts and various Federal Courts in California and Rhode Island.

Season 6, Episode 1 Welcome to “The Regulators”! NAIC COO, CLO, and Acting CEO Andy Beal kicks off season six with a conversation with the NAIC’s newly elected Secretary-Treasurer, Elizabeth (Beth) Kelleher Dwyer, Director, Rhode Island Department of Business Regulation. Director Dwyer shares information about her new roles in Rhode Island and at the NAIC, as well as the importance of understanding those you don't agree with and how insurance departments can help consumers mitigate their risks.