Having a broad experience in the high net worth space, PRMA’s Diane Delaney is excited to be putting that to work for the organization she now leads.

“It’s interesting to observe how quickly you can identify a serious student in the industry. From the very beginning, their curiosity and eagerness to learn stand out. They ask thoughtful questions, seeking to understand the intricacies of the business. Beyond just completing assigned tasks, they take the initiative to explore and absorb information from various sources.”

“We believe that patients should have control over their own medical records and be able to easily share them with providers as they progress through various treatments. This is extremely important for ensuring a smooth continuum of care.”

“We’re launching new programs, such as a construction program specific to wraps and a new energy practice. If you’re a producer at Jencap and want to grow your book, you can do it more quickly here than in a company where your competition sits next to you, or in a smaller shop that lacks the tools we have.”

Cyclical labor and material cost increases mean brokers and underwriters had better be on their toes when communicating valuations to insureds.

It’s about time we got emerging technologies and strategies that mitigate risk and avoid losses into the hands of more customers.

Markel executive Wendy Houser talks about how her experience in the military taught her the vital importance of teamwork. She believes the ranks of the military could provide the insurance industry with an invaluable pool of talent.

Demex Group CEO Bill Clark talks to Risk & Insurance about the risk of convective storms and a parametric approach to reinsurance.

“Learning risk engineering the old-fashioned way, by getting my hands deep into the problem, has been invaluable.”

“As brokers, we uniquely see both sides of the aisle in the transaction. Transparency and timeliness are two words that stand out to me that could be improved on in helping our clients make educated buying decisions.”

“The insurance industry has become black and white, which distances it from the reality that consumers face. Algorithms control premiums and appetites have become too hardened.”

“Nonprofits are society’s last line of defense; they help when no one else can. Insurers know this and see the additional risks these organizations face — especially filling low-wage jobs with qualified personnel, which has always been a struggle.”

“Before founding Five Sigma, I witnessed firsthand the inefficiencies and archaic systems in the commercial insurance industry while working as a CFO for an energy company in the UK. Upon returning to Israel, I teamed up with deep tech experts to identify real-world problems that could be solved by leveraging data effectively.”

To ensure strong governance practices, it’s essential to comply with ESG regulations, uphold ethical business standards, and maintain transparent reporting.

“My dad was in the oil and gas business for most of his career. What I liked about what my dad’s way of working was that he was there for us. He could build his own schedule.”

Four years after COVID-19, many companies are still battling supply chain challenges. Have we learned anything?

“We have from one to 50 different insurers utilizing the data we gather. We want our clients, the insureds, to walk into their market meetings every year armed with this data to present to the markets.”

“In the supply chain, there’s a significant push for increased visibility, which involves using technology to see beyond the first level down to the second, third, or even fourth tier. This integration between conveyances allows for tracking, tracing and predictive analytics.”

A recent study by Travelers revealed that 35% of workplace injuries occur during an employee’s first year on the job, resulting in more than 6 million missed workdays.

The synchronicity and success of the State of Ohio’s efforts to recruit and educate new risk management and insurance talent is worth emulating.