Justin Zimmerman was sworn in as Commissioner of the New Jersey Department of Banking and Insurance this week, following a ceremonial swearing in hosted by Gov. Phil Murphy at the State House.
He succeeds Marlene Caride, who was appointed to the New Jersey Superior Court.
Zimmerman had been serving as Acting Commissioner since June 27, 2023. The State Senate unanimously confirmed his nomination on Oct. 28, 2024.
As commissioner, Zimmerman serves as the chief regulator of New Jersey’s insurance industry, one of the largest in the nation, all state-chartered banks and credit unions, and consumer finance licensees. He also leads Get Covered New Jersey, the state’s Official Health Insurance Marketplace.
“Under Justin Zimmerman’s outstanding leadership, the Department has continued its strong regulation of the banking, insurance, and real estate industries while protecting the interests of consumers,” Murphy said. “His dedication to the implementation and successful growth of Get Covered New Jersey has resulted in hundreds of thousands of New Jersey families finding quality, affordable health coverage that fits their needs and budgets. I am confident he will continue to do an exceptional job leading the Department.”
“I am incredibly grateful to Governor Murphy for this opportunity. I have been honored and privileged every day to be part of this Administration, and to lead this department and work alongside the dedicated and committed staff,” Zimmerman said. “The impact the department has on the lives of our residents is significant. From protecting consumers and providing quality affordable, health coverage through Get Covered New Jersey to safeguarding the solvency, safety, and soundness of our regulated entities through regular examinations and analysis, New Jersey consumers are always front of mind in the work we do.”
Zimmerman joined the Department in January 2018, serving as its chief of staff, where he oversaw the executive management team and managed all aspects of the Department’s policy implementation.