Morning Briefing: New book advises how to survive the insurance industry

New book advises how to ‘survive’ the insurance industry… Quebec insurers welcome reforms to regulation… Mexico to host global platform for disaster risk reduction…

Insurance News

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New book advises how to survive the insurance industry
An insurance insider has published a new book aimed at helping those in the early years of their industry career. Randi Glazer’s experience includes underwriting, marketing and organizational leadership after “falling into insurance” after graduating from the State University of New York with a BA in Economics.

Her book “12 Strategies to Survive the Insurance Industry” responds to what Glazer believes has changed over the years with companies rarely offering the kind of training and mentoring she benefited from when she first began her career. She offers advice on how newcomers to the industry can engage in self-directed training and find experienced professionals to offer the kind of guidance and advice she once received from her own professional mentors.

Now running her own firm RM Global Risk Management, Glazer is a subject matter expert for Inland Marine insurance and has been a member of the Inland Marine Insurance Association (IMUA) since 2002 serving as a Board of Directors member from 2002 – 2007 and currently on the board for its regional committee in San Francisco.
 
Quebec insurers welcome reforms to regulation
Health and life insurers in Quebec have welcomed the provincial government’s proposed overhaul of the regulation of the financial sector announced in its budget last week.

The president of the Canadian Association of Health Insurance for Quebec, Lyne Duhaime, commented: "Our industry is particularly pleased that the government recognizes the need to change the frame of our business to reflect the modernizing our practices and be adapted to consumer needs.”

On other matters in the budget Ms. Duhaime praised the plans for investment in infrastructure as “opportunities for many insurance companies” but noted that one issue was not resolved for Quebec insurers: “we expected a reduction of taxes on insurance products so that they are comparable with those of other Canadian provinces.” She said that the Association would continue with its efforts to change that.
 
Mexico to host global platform for disaster risk reduction
Mexico will host the next global conference on how to reduce loss of life and economic losses from disasters caused by man-made and natural hazards, the most important multilateral forum in its kind.

The conference, announced by the UN Office for Disaster Risk Reduction and the National Coordinator of Civil Protection of Mexico, will be attended by thousands from governments, international organizations and insurers. It will be held in Cancun from May 22 to 26, 2017.

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