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Why world-class leaders focus on strategic thinking

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“Strategic thinking” is an ever-present catchphrase on LinkedIn, on resumes and in the C-suite—but what does it really mean? Leadership expert Paloma Cantero-Gomez provides a helpful working definition: “the ability to know what you want to achieve and how to achieve it.” How can a leader develop this ability to both take action today and […]

How actuaries can change the industry’s reputation

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The professional world has many misconceptions about actuaries: that they’re antisocial, that they’re too removed from human outcomes or that each actuary can only speak to a narrow sector of the field. Now actuary Ashlee Mouton Borcan is on a mission to change those stereotypes.   She recommends that to change the industry’s reputation, actuaries […]

Why value, not cost, is the key to better healthcare outcomes

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In an industry often driven by cost, how can healthcare providers and insurers offer care that’s not only efficient, but gives the patient more value? That’s the goal of healthcare management consultant Stoddard Davenport, who says that by focusing on cost alone, providers miss opportunities to improve patients’ lives and health outcomes. In his full […]

Do the ACA’s risk adjustments penalize insurers?

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As insurers react to ongoing uncertainty about the Affordable Care Act (ACA), one of the issues they’re addressing are risk-adjustment payments. These payments, determined by the government’s Centers for Medicare & Medicaid Services (CMS), help compensate insurers for covering higher-risk patients. The challenge, says actuary Gregory G. Fann, is ensuring that calculations from CMS remain […]

New rules bring transparency to UK asset management

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After identifying weak price competition in the UK’s asset management industry, government regulators have instituted regulations to provide investors with more transparent and digestible information. The new rules will change the way that asset managers report objectives, measure performance and charge fees. What other specific changes will most benefit consumers? And how will the regulations […]

What Social Security can learn from private-sector programs

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Evaluating employers’ defined benefit plans is relatively simple. With a limited group of beneficiaries and ironclad legal obligations for the employer, the financial outlook of the plan is easy to assess. But what about government-provided plans like Social Security―how could their liabilities and promises be assessed on the same rigorous standards? European actuary and economist […]

How smart devices could help or harm the insurance industry

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The Internet of Things (IoT) offers a wealth of possibilities for insurers. With an exponential increase in connected devices, insurers will have more data with which to calculate risk, and more ways to monitor property covered by their policies. But this connected future is not without its risks. Experts have identified a growing list of […]

What insurers won’t tell you about whole life insurance

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High earners like dentists, doctors and business executives may be drawn to whole life insurance policies, persuaded by promises of tax-deferred growth and future tax-free loans. But what most don’t know is that these benefits are extremely limited, if not misleading. Tax advisors Andrew Tucker and John K. McGill counsel their clients to carefully consider […]

Forbes chooses the top leadership books of 2018

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What do 17th-century pirates, Walt Disney and the U.S. military have in common? They’re the topics of some of the top creative leadership books of 2018, according to Forbes magazine. The list has a strong focus on power and its dynamics, exploring how to overcome biases, create movements and build more creative workplace cultures. From […]

4 ways to improve your LinkedIn profile

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When a potential employer is researching your job history online, it’s likely that one of the top search results will be your LinkedIn profile. How can you ensure that your profile best reflects your qualifications and personality? Personal branding expert William Arruda says it’s important to look at four key factors to make the right […]