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Data Security, Reinsurance among the Topics for Concurrent Sessions
Tuesday’s concurrent sessions at the 117th Annual NAMIC Convention gave attendees the chance to learn about the issues facing their business.
Matthew Cullina, chief executive officer of Identity Theft 911, told attendees what they need to know and what to look for in the world of cyber security. Privacy and data security has become an increasingly important aspect of insurance as the amount of confidential data kept online, and the threat of a breach, has been steadily increasing.
Employees of smaller and midsize carriers learn to better evaluate their current reinsurance agreements, as well as potential deals as Michael McClane, head of the team of financial and credit analysts at Aon Benfield, and Brad Melvin, executive managing director at the firm, explain what to look for beyond the obvious rating information. The two also explained what to look for in a ratings analysis to help gauge a reinsurer’s financial stability, actual philosophical approach, and operational performance.
David Sommer, retired president and chairman at Germania Insurance Company, offered a glimpse into the world of measuring company financials and data, explaining for attendees what to look for given different roles within a company structure.
John Hankerson, principal and Strategic Rewards practices leader at Milliman, Inc., conducted a session aimed at helping companies better retain their employees beyond simple financial compensation.
Posted: Tuesday, September 18, 2012 4:06:15 PM. Modified: Tuesday, September 18, 2012 5:37:29 PM.
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