7/22/2020 | This week in Business Insurance Workers Compensation… – Editor
The Business Insurance Women to Watch Awards is the only recognition program that celebrates leading women from every facet of the commercial insurance industry. Since its start as a recognition program in 2006, it has grown into an educational program aimed at the advancement of women in commercial insurance, risk management and related fields. A professional development and networking conference was added to the Business Insurance Women to Watch recognition program in 2011 to address the advantages of achieving greater gender diversity in leadership roles.
2020 nominations are now closed.
Winners will be featured in the special Business Insurance Insurtech issue in September and recognized at an online awards event in September. More details to Celebrating its 11th year, the Business Insurance Innovation Awards recognizes leadership, inventiveness and ingenuity in products and services designed for risk management professionals. 2020 Innovation Award winners will be featured on businessinsurance.com and in the bonus Insurtech September 2020 print issue of Business Insurance. Winners will be recognized during an online awards event in September. Stay tuned for more details! follow on the virtual event soon!
The Business Insurance U.S. Insurance Awards recognize excellence in the commercial insurance and risk management sector while also raising money to address the industry’s talent crisis.
Celebrating Today — U.S. Insurance Awards
Launched last year, the awards program highlights exceptional work by insurance professionals working at companies across the commercial insurance industry – from retail brokers to TPAs, insurers, reinsurers and more. Recognizing that major achievements are seldom the work of individuals working in isolation, the awards honor teams of professionals working on specific projects.
Creating Tomorrow — BI Scholarship
Up to 400,000 insurance jobs will be unfilled in the near future as the current workforce ages. The U.S. Insurance Awards were created to address the industry’s talent crisis by funding the Business Insurance Scholarship. This endowment, administered by the Spencer Educational Foundation, will open new opportunities to provide scholarships to risk management and insurance students, as well as grants to support risk management and insurance programs, and to develop programming at universities without risk management degree programs, including HBCUs.
2020 U.S. Insurance Awards winners will be announced live at the virtual awards event on September 10, 2020. The 2020 Business Insurance Lifetime Achievement Award will also be presented during the online the event.
Business Insurance’s Break Out Awards program honors 40 top professionals on track to be the next leaders in the risk management and property/casualty insurance field.
Break Out winners from across the United States are recognized for their leadership and professional skills and can be working in any area of the industry — risk managers, brokers, insurers, reinsurers, MGAs, MGUs, wholesalers, captive managers, TPAs, lawyers and other providers serving the commercial insurance sector.
It’s unclear in what shape the insurance and risk management sector will emerge from the COVID-19 pandemic, but there’s little doubt it is going through change. Even before the coronavirus struck earlier this year, insurance prices were rising, technology was transforming business processes and new risks continued to emerge.
With the onset of the pandemic, huge social and economic changes have been imposed on everyone in the space of weeks, some of which will be transitory, but some will have lasting effects. As we work through the upheaval, business smarts and adaptability will be an even more valuable commodity. Fortunately, many organizations in the sector have those skills in hand.
The 40 honorees selected for the 2020 Business Insurance Break Out Awards represent some of the most talented leaders developing in the industry. To be eligible for the award, nominees must work in commercial insurance or related sectors and cannot have worked in the field for more than 15 years. To maintain diversity in geography and types of organization, the honorees are grouped in four regions of the United States: Northeast, South, Midwest and West.
All the nominations — which highlighted the nominees’ client-service skills, expertise and leadership qualities — were reviewed by BI editors. After selecting finalists, we contacted references to learn more details about the nominees’ achievements.
In the following pages, you can read edited excerpts of interviews with all the winners and learn how they found their way into the industry, what they find most challenging about working during a pandemic, things they wish they’d known when they were 18 and their top choices for movies and meals — pizza remains a perennial favorite.
Gavin Souter, Editor