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A.M. BestTV: Philly I-Day Focuses on the Challenges of Filing the Talent Gap
[May 04, 2016]

A.M. BestTV: Philly I-Day Focuses on the Challenges of Filing the Talent Gap


In this A.M.BestTV episode, insurers at the 60th annual conference of the Insurance Society of Philadelphia (Philly I-Day) said they were prioritizing efforts to bring in new talent and better develop younger industry recruits. Click on http://www.ambest.com/v.asp?v=phillyiday516 to view the entire program.

Philly I-Day is the largest networking event in the Philadelphia, PA area for insurance professionals. This year's event had nearly 900 attendees discussing major challenges the industry is facing, in particular, the talent gap.

"Some people perceive the insurance industry as a dinosaur," said Roger Fell, managing director, Marsh. "Technology talent would rather go to Google (News - Alert) or some Silicon Valley company, than give support to the insurance business. This situation is a real hindrance to the insurance industry progressing forward," continued Fell.

However, Denise Hunter, vice chair, Insurance Society of Philadelphia, NextGen (News - Alert), sees efforts to recruit millennials by the various outreach programs that the industry is establishing progressing. She also believes the industry is starting to listen and cater to more of millennials' needs.

Other people who appear in this episode include:

  • Beth Graber, executive director, Insurance Society of Philadelphia;
  • Tom Finan, chief strategy officer, Ark Network Security Solutions (News - Alert);
  • Matt Prevost, vice president, cyber product line manager, Chubb; and
  • Christopher Maleno, senior vice president, Chubb Group.

Full-length interviews are available as well. Go to http://www.ambest.tv to see all the interviews, which includes a discussion with Charles Brandt, senior risk control consultant, Willis Towers Watson.

Recent episodes of BestTV include:



  • Insurers Revisit Their Asset Mix in Search of Yield, Safety: A panel of investment professionals explores opportunities for growth that are available to today's insurance investment managers: http://www.ambest.com/v.asp?v=riskassets516.
  • Aspen's Kania: Price Volatility Brings New Risks, Change to Energy Market: Tim Kania, global head of onshore energy & construction, Aspen Insurance, said lower oil prices bring risks that energy providers may be weaker financially and less attentive to maintenance:

    http://www.ambest.com/v.asp?v=kania416.

  • Pandemics' Impact Reaches Beyond Health: Recently, insurers said that the outbreak of Zika, SARS, MES and Legionnaires diseases are affecting business operations, as well as generating surprising impacts and increased costs: http://www.ambest.com/v.asp?v=pandemic416.
  • Inland Marine Targets Emerging Risks But Vexing Old Risks Remain: Kevin O'Brien, president and chief executive officer, Inland Marine Underwriters Association, states that members are responding to new risks and data brought by the Internet of Things, telematics and more. Meanwhile, traditional risks such as cargo theft remain a challenge to insurers: http://www.ambest.com/v.asp?v=kobrien416.

A.M.BestTV covers exclusive A.M. Best information and reports, targeted topics and key developments in the (re)insurance industry every Monday, Wednesday and Friday. Sign up for alerts of episodes at http://www.ambest.com/multimedia/ambtvsignup.html. View A.M.BestTV episodes at http://www.ambest.tv.


A.M. Best is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

Copyright © 2016 by A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.


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