Category Archives: Insurance Industry

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I.I.I. Joint Industry Forum: Talent and leadership keynote


Gen. McChrystal delivers JIF keynote speech

Each year the I.I.I. hosts a conference called the Property/Casualty Joint Industry Forum. This unique event assembles key figures from the business, policymaking and media spheres to explore topics of vital interest to our industry.

This year we were fortunate to have four-star General Stanley McChrystal as keynote speaker. General McChrystal was the commander of Joint Special Operations Command (JSOC) and International Security Assistance Force.  He shared crucial lessons on leadership which he acquired while leading the effort against Al Qaeda in Iraq.

Al Qaeda used smartphones and the internet to coordinate attacks; they were “lightning fast and constantly changing.” The elite JSOC was daunted by the terror group; “we were losing” said McChrystal. In order to beat Al Qaeda some of the old rules had to be thrown out, and radical new leadership techniques had to take root. Here are some of the lessons corporate leaders can take away:

  • Violate the chain of command. Giving everyone in your organization the information you normally only give the C-suite leads to “empowered execution”. In our fast-paced world there is not always time to let everything trickle down a long chain of command.
  • Give employees the freedom to use their own judgement. “Execute the order, but if the order is wrong, execute the order we should have given you.” Don’t allow “just following procedure” to be an excuse for actions that are wildly inappropriate for the situation.
  • Think of the role of leader as akin to that of a gardener. A gardener does not grow plants, only plants can do that. Instead, a gardener feeds, weeds and protects the plants thereby allowing them to do what they do best. By enabling the organization you will be sure to see a positive outcome, concluded McChrystal.

WCRI Annual Issues and Research Conference

The Workers Compensation Research Institute (WCRI) is holding its 35th Annual Issues and Research Conference on February 28th at the Renaissance Phoenix Downtown in Phoenix, AZ. Anyone working to improve workers’ compensation systems or seeking to manage a changing environment would benefit from attending.

Some of the highlights from the conference agenda include:

  • A keynote address by world-renowned economist Alan Krueger on the future of work, the impact of technology on the economy, and how the opioid epidemic has affected the labor force participation rate
  • The latest research on opioid prescribing to injured workers
  • A panel discussion of Washington State’s community-based program that brings together medical providers, employers, and injured workers to help ensure timely, effective, and coordinated services
  • The challenges and opportunities of telemedicine
  • A discussion of some of the latest findings and trends seen across WCRI’s core benchmark studies, including WCRI’s 18-State CompScope™ Benchmarks reports, a multistate benchmarking program that measures the performance of a growing number of state workers’ compensation systems

Past attendees have said that the WCRI’s is the one conference that offers an “independent point of view that covers the entire spectrum of works compensation” and that it is “a great place to learn and a great place to network.”

Click here to learn more about the conference agenda or to register.

 

From the I.I.I. Daily: Our most popular content, January 4 to January 10

Here are the 5 most clicked on articles from this week’s I.I.I. Daily newsletter.

To subscribe to the I.I.I. Daily email daily@iii.org.

 

The Insurance Information Institute’s 37th Annual Property/Casualty Joint Industry Forum

Next Thursday (1/17) the I.I.I. will be proud to host the 37th Annual Property/Casualty Joint Industry Forum, an annual gathering of insurers, reinsurers and other industry leaders.

The event allows top executives in the insurance industry to network, exchange vital knowledge, and discuss emerging trends that will impact the future of the industry.

With this year’s theme of ‘Leading the Way Forward,’ insurance leaders will provide helpful insight on how the industry is paving the way into the future.

JIF 2019’s formal agenda will feature panel discussions, keynote addresses and the first-ever JIF Town Hall addressing flood and catastrophe resilience.

We will be hosting retired Gen. Stanley McChrystal and former New Orleans Mayor Mitch Landrieu as speakers to discuss their personal experiences with adversity and resilience. Additionally, Randal Quarles, a member of the Board of Governors of the Federal Reserve System, will join Sean Kevelighan, CEO of the I.I.I., to discuss current issues of the day.

Panel discussions will cover a wide array of insurance topics, including:

  • Economic Impact – How a charged political environment will affect regulatory environments, international alliances and trade partnerships, and the likely ramifications of heightened political risk for insurers and reinsurers.
  • Artificial Intelligence’s Risks, Ethics, and Opportunities – The benefits, drawbacks and ethical concerns as insurance seeks to manage risk in what some are calling the “Fifth Industrial Revolution.”
  • Talent and Leadership – McChrystal will share candid observations on innovative leadership and insights he gained while developing and implementing successful strategies including the creation of a comprehensive counterterrorism organization that has revolutionized the way military agencies interact and collaborate.
  • Resilience Town Hall – In this inaugural JIF Town Hall session, experts share perspectives on national and regional efforts to build community resilience in disaster-prone areas.

 

 EVENT DETAILS:

WHEN:

Thursday, Jan. 17, 2019 from 9:00 a.m. to 7:00 p.m. ET

  • Registration: 9:00 a.m. – 10:30 a.m. ET
  • Forum: 10:30 a.m. – 5:00 p.m. ET
  • Reception: 5:30 pm – 7:00 p.m. ET

 

WHERE:

Marriott Marquis Hotel in Times Square, 9th Floor, New York City, NY

Media room will be in the “Jolson Room” on the 9th floor

 

For more information visit https://iii.swoogo.com/2019jif/registration. Registration is open to executives at P/C and life insurance companies, reinsurance companies, intermediaries and other related service organizations, including: CEOs; presidents; public and government affairs executives; insurance trade association leaders; regulators; and state and federal government representatives. Interviews with I.I.I. spokespeople and panelists are available upon request.

 

 

 

 

 

 

 

From the I.I.I. Daily: Our most popular content, December 28 to January 3

 

Here are the 5 most clicked on articles from this week’s I.I.I. Daily newsletter.

 

To subscribe to the I.I.I. Daily email daily@iii.org.