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8/7/2019 Social Networking for Insurance Professionals Linkedin

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LinkedIn: Social Networking for

the Insurance Professional

By Claude Penland, Associate of the

Casualty Actuarial Societywww.ClaudePenland.com

http://www.claudepenland.com/




One

• LinkedIn is the most active professional

social network in the world.

• According to their press materials, they

have over 90 million members, with

roughly half of those members residing in

the United States.

http://www.linkedin.com/

http://press.linkedin.com/about/

http://press.linkedin.com/about/

http://www.linkedin.com/



Two

• If you are not a member of LinkedIn yet, I highlyrecommend joining the website to grow your own professional social network.

• If you are already a member, and you work ininsurance or reinsurance as an underwriter,accountant, actuary, risk manager, claims

professional, financial analyst, agent or other insurance role, this article will begin to list for yousome of the more active insurance-related jobs anddiscussion groups on LinkedIn.

https://www.linkedin.com/reg/join?trk=hb_join

https://www.linkedin.com/reg/join?trk=hb_join



Three

• If you search for “insurance” among LinkedIngroups, it returns over 5,000 groups.

• Risk, Regulation and Reporting is one of thelargest LinkedIn groups. Insurance topics covered by its members include European insuranceregulations (Solvency II), international accountingstandards (IAS), international financial reportingstandards (IFRS), asset-liability management, risk management, regulatory issues, governance andcompliance. I also recommend their Solvency II and US Insurance subgroups.

http://www.linkedin.com/groupsDirectory


http://www.linkedin.com/groups?gid=1457807

http://www.solvencydeux.com/

http://www.therisknews.com/








http://www.solvencydeux.com/






Four

• Discussions at the Global Insurance

Professionals group recently included

catastrophe risk , marketing strategies,insurance startups, emerging risks and

appropriate workplace behavior.



http://www.catrisky.com/

http://www.insurancestartups.com/

http://www.associatedcontent.com/article/7733358/ten_international_emerging_risks_for.html?cat=15

http://www.associatedcontent.com/article/7733358/ten_international_emerging_risks_for.html?cat=15







Five

• Not to be confused with “Global InsuranceProfessionals”, Insurance Professionals invites

producers, underwriters, risk managers, claims personnel, actuarial analysts and others to discuss pricing, insurance careers, coverage questions,network security, customer service, small businessadvice and other topics.

• Property and Casualty and Life and Health subgroups cover more specific line of businesstopics.









Six

• The subgroup Insurance Professionals has

covered issues such as cold calling,

underwriting, European insurance startups,healthcare reform and capital modeling.


http://www.associatedcontent.com/topic/70351/healthcare_reform.html

http://www.associatedcontent.com/topic/70351/healthcare_reform.html




Seven

• Global Insurance Network has a very broad

audience of brokers, risk managers, agents,

claims professionals, actuaries, reinsuranceemployees and others.

• Best ways to drive traffic to your insurance

blog, resume best practices, job huntingstrategies and six sigma methodologies are

some recent interesting discussions.





Eight

• The Risk Management & Insurance Professionals

group actually requires insurance-related

experience in order to join.• Market trends, ratemaking, insurance coverage,

risk management, legal deposition handling,

policy structure, pandemic models and business

plans were some recently covered topics.


http://www.associatedcontent.com/article/7725442/10_prominent_influenza_pandemic_models.html?cat=5

http://www.associatedcontent.com/article/7725442/10_prominent_influenza_pandemic_models.html?cat=5




Nine

• Insurance Industry Executives encompasses

almost 8,000 members in the life, health and

property and casualty insurance fields.





Ten

• Reinsurance Insurance Professionals Worldwide is

the largest reinsurance-related group on LinkedIn.

• Reinsurance-related discussions there tend tocover contract negotiations and drafting, brokers,

excess layer considerations, startups and new

branch operations, insurance-linked securities,

Bermuda and European markets and job hunting.

• An Asian-specific subgroup recently launched as

well.













Eleven

• Three additional LinkedIn groups

specifically designed for reinsurance

include Reinsurance Professionals,Reinsurance (from Postonline.co.uk ) and

the U.S. Reinsurance Under 40s group.



http://www.postonline.co.uk/



http://www.postonline.co.uk/





Twelve

• Those interested in insurance-linked

securities, including industry loss

warranties, surplus notes, securitizationsand catastrophe bonds, are directed to ILS –

Insurance Linked Securities, Insurance

Linked Securities and the subgroupInsurance Linked Securities.





















Thirteen

• If you work specifically with workers

compensation insurance, like-minded

insurance professionals are members at theWork Comp Analysis Group. Safety, risk

management and HR professionals are also

welcome.• See also the WorkCompCentral and

Workers Compensation Roundtable groups.









Fourteen

• Confluence (Insurance professionals &

Insurance recruiters) is an outstanding

group with eclectic conversation.• Career advice (underwriting, financial and

actuarial careers were recent topics),

brokerage and software-related jobs, insider trading, product sales and business

development are often discussed.







Fifteen

• Insurance Marketing Professionals group is

devoted to direct and insurance brokerage

distribution and marketing, while InsuranceProduct Management is lightning-focused

on insurance product analysts, product

developers and product managers.









Sixteen

• The Managed Care Connections group

covers healthcare marketing, sales,

operations, accounting, healthcareeconomics, product development, finance,

underwriting, actuarial work,

pharmaceutical and case management.





Seventeen

• Global Health Economics Network has close to

5,000 members.

• Those looking for additional healthcare economicsgroups could also look at The Healthcare Strategy

Innovation and Management Group and

Healthcare Economics, Healthcare Medical

Economics, and Medical Economics; each grouphas about 1,000 members.













Eighteen

• The Risk and Insurance Management Society

(RIMS) group is focused on risk management, and

is peppered with risk managers, engineers,consultants, underwriters, actuaries, project

managers and financial analysts from around the

world.

• Another very active risk management group is the17,000+ strong Risk Managers group.









Nineteen

• Claims professionals can discuss adjusting,

careers, management and operations at the

P&C Claims Professionals group.• See also the Insurance Claims Professionals

and Claims Management groups.









Twenty

• Vehicle telematics is the integrated use of telecommunications and informatics applied toroad vehicles.

• Those professionals working in telematicsinterested in networking, insurance applications,vehicle tracking, fleet management, remotediagnostics and toll charging are directed to theTelematics group.

• There are also the Telematics Update andInsurance-Telematics groups.

http://en.wikipedia.org/wiki/Telematics









http://en.wikipedia.org/wiki/Telematics



Twenty-one

• For insurance agents, there is Insurance Agents’

Opportunities For Success.

• The Health Executives Network is for healthinsurance professionals such as brokers, benefit

consultants, underwriters, producers, analysts

(financial, accounting, actuary), vendors and

others.

• Also check out National Association of Health

Underwriters (NAHU).













Twenty-two

• And, finally, see Insurance Professionals of

America, with 4,000 members, including

auditors, supervisors, underwriters,marketing and actuarial professionals.



http://www.claudepenland.com/?s=actuarial

http://www.claudepenland.com/?s=actuarial





Twenty-three

• Insurance professionals interested in

discussing Solvency II European insurance

regulations are encouraged to check outFinancial Risk Management Network ,

Solvency 2 Experts Group, Solvency II

CEIOPS subgroup, Solvency II EuropeanInsurance Regulations – SolvencyDeux.com

and Solvency ii Association.


















Twenty-four

• Social media best practices, marketing and

promotion for insurance and reinsurance

professionals are covered at Social Media 4Insurance and Social Media – Insurance and

Reinsurance.
















Twenty-five

• Four groups to inform those looking to learn about

insurance-linked securities include ILS –

Insurance Linked Securities, Insurance LinkedSecurities, Trading Risk and Insurance Linked

Securities subgroup.

• Recent topics have been industry loss warranties,

surplus notes, catastrophe bonds, casualtysecuritizations, sidecars, reinsurers and hedge

funds.





















Twenty-six

• Casualty actuaries can chat at Casualty

Actuarial Society group.

• Life, health, investment and pensionactuaries can discuss topics for the actuary

at the Society of Actuaries group.









Twenty-seven

• Insurance mergers and acquisitions are

discussed at Insurance Mergers and

Acquisitions – WhoBoughtWho.com andInsurance Mergers and Acquisitions Group.

• Takaful (Islamic insurance) is covered by

Islamic Finance – Takaful & Pensions,Takaful and Retakaful News and Trends –

TakafulMe.com and Takaful groups.































Twenty-eight

• Insurance accounting is addressed at

Insurance Accounting & Finance, while

insurance law is discussed at InsuranceLegal/Compliance Professionals.

• Also see www.ClaudePenland.com

• Thank you!







