At a recent meeting of insurance financial managers, a leading insurance company CFO made the following summation in his presentation: all roads lead to finance; there are great opportunities to add value through finance; and financial staff must be ready, willing, and able to seize those opportunities.
Financial issues can become a serious vulnerability for non-finance managers. Turf always has been a concern in insurance company operations. Underwriting, claims, and finance are vying for control.
What about the company? All parts of the insurance operation should be doing what is best for the company, rather than focusing on individual agenda. The financial well-being of the company should be foremost.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
