Jim Armstrong had a 36-year career with the Iowa Insurance Division, and took the role of deputy commissioner and chief examiner in 2002. He has also earned much respect for his thoughtful leadership with the National Association of Insurance Commissioners (NAIC) and his deep understanding of financial issues.
He was a respected regulator, not only in Iowa but nationally. His work maintaining the solvency of the Iowa industry while navigating new type of insurance ownership through private equity is the standard for regulatory oversight.
Armstrong also played a key role in the successful demutualization of Principal Financial Group and his leadership in the process was hailed as outstanding. He is known for his thoughtful leadership and understanding of financial issues.