NU Online News Service, Sept. 19, 1:14 p.m. EST
INDIANAPOLIS—Mutual insurance executives need to express their passion for the industry by telling their stories and pointing to the mission that the protection of policyholders is the backbone of insurers' business, says the outgoing chairman of the National Association of Mutual Insurance Companies (NAMIC).
In an emotional address at the 116th annual convention of NAMIC, Sandra Parrillo, the first female chairman of the association, tells attendees that during her tenure she has had to testify before Congress about the role of mutual insurers. While mutual insurers are clumped together as part of the financial-services industry by Congress, they do much more than transact finances.
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