Insurance & Risk Professional
In the Latest I&RP
Career Aspirations - women in insurance set their sights on success
- Deciphering D&O - what's covered, what's not
- Storm claims handling under scruitiny
- Henry Tax Review slams fire services levy
- PLUS:
- Online portals explained
- Prstige homes and cars
- Risks in sport
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Broker Buzz
We’re all swamped with news and information, so it can be hard to find the news that’s just relevant for brokers and your day-to-day jobs.
Broker Buzz, NIBA’s new monthly newsletter, sorts out the news and information to provide you with provide practical advice in an easy-to-read format.
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CEO's Message
We should be so lucky...
In the words of a certain diminutive Australian diva, insurance brokers in this country have much to be thankful about. I've recently returned from the annual meeting of the global body representing insurance broker associations - the World Federation of Insurance Intermediaries (WFII). I represent Australia and the South-East Asian Pacific associations on the executive committee, along with CEOs from the USA, Canada, UK, South Africa and European countries.
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Editor's Message
Keeping up with the boys
If there's something that women do well, it's networking with other women, which is probably why there are so many organised groups within our industry for women in insurance. These forums have a business function, enabling women to upskill and make professional contacts, but they also provide the opportunity to share experiences.
The experiences of women in insurance reveal they still face challenges in a 'blokey' industry culture. While this is definitely improving, men still dominate senior management positions and flexible work options can be hard to come by. The industry's well-acknowledged drinking culture means it can be acceptable - and even encouraged - for attendees at networking functions to drink to the point of intoxication and stay out until all hours of the night. Women can feel pressured to 'keep up with the boys' to fit in, or miss out entirely due to family commitments. Other networking events tend to be traditional male activities such as golf days or football games, where omen can find it harder to be taken seriously.
Despite the challenges, women also have vast opportunities in insurance. For many, their gender is rarely an issue when it comes to career advancement. In this edition of Insurance & Risk Professional, we interviewed talented and determined women from roles including broking, underwriting, business development and loss adjusting (see p42). They prove that with hard work and focus, women in insurance can achieve whatever their career amibition may be.
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