P&C Industry Gives $1B+/year to Charity…IICF on Women in Insurance & Millennial Summit The property-casualty insurance industry gives about $1 billion each year to charitable causes. That according to a McKinsey Study conducted for the Insurance Industry Charitable Foundation (IICF). IICF CEO Bill Ross says the industry supports a variety of charities across the US, with a focus on education as well as health and human services. He says it important for companies … Read More
St. Baldrick’s Carries on Tradition of Giving – NAMIC CEO The year was 2000, and the annual reinsurance industry’s St. Patrick’s Day party, held at Jim Brady’s pub in Manhattan, becomes the first St. Baldrick’s event. The goal of shaving 17 heads and raising $17,000 turns into 19 bald heads and $104,000 donated to fund the research of the Children’s Oncology Group. NAMIC CEO Chuck Chamness explains the history of the … Read More
Looking ahead…Automation, Robotics and AI could help fill “Talent Gap” Autonomous vehicles will have a huge impact on the personal insurance industry. Automation, robotics and the potential for on-shoring of manufacturing could have a major impact in the commercial insurance space. That, according to Kevin Surace, renowned American technology innovator, speaker, creator of a AI Based Software QA platform, and Inc. Magazine’s 2009 entrepreneur of the Year. He adds that … Read More
Grow by Solving Society’s Problems…A.M. Best exec. Attracting talent remains biggest challenge for insurers. According to Matt Masher, EVP and COO at A.M. Best, the need for talent is greatest in the information technology (IT) area. The industry has done a lot to attract underwriting and claims professionals. But attracting the industry struggles in attracting IT talent needed to deal with insurtech issues, efficiencies in distribution and … Read More
Spencer Foundation fights “war for talent” with scholarships, grants and internships. Ron Davis, Chairman of the Spencer Educational Foundation and EVP/Head of Customer Management at Zurich, explains why the insurance industry needs to attract and encourage young talent. He says there is a large number of people leaving the industry right now, and that is causing a gap…a need for people with the right skillset and attitudes. He notes that the … Read More
The need to shed “boring” label to bridge “talent gap.” The insurance industry struggles to attract and retain next generation professionals. Here, WRIN.tv speaks with Monica Ningen, Head Property Underwriting in the U.S. & Canada at Swiss Re about the Talent Gap in the insurance industry. She was named to Business Insurance’s list of Woman to Watch in 2015, and shared her thoughts on the misconceptions about a career in … Read More
Incoming FERMA President on risk manager certification/plans for future Recently, WRIN.tv spoke to Julia Graham, President of FERMA about the role of the Risk Manager in Europe. Here, FERMA’s Deputy President Jo Willaert (Risk Manager for Agfa Corporate Center) joins WRIN.tv to discuss FERMA’s Risk Manager Certification Program, which is made up of four pillars. According to Mr. Willart, FERMAs goals for its certification program are to create recognition … Read More
University engagement, internships, competitive pay…attracting young talent to insurance Jody Queen-Hubert from the St. John’s School of Risk Management speaks with WRIN.tv about a group of students she led to the 2015 RIMS Conference in New Orleans thanks to RIMS Student Involvement Program, and a grant by the ACE Foundation. She also discusses how best to attract millennials to the insurance industry. According to Ms. Queen-Hubert, students are … Read More
