An open letter to our friends, clients and stakeholders.
As Movember is coming to an end, we are launching our giving campaign as a final boost.
Want to contribute to a great cause? Just submit a testimonial and we will donate on your behalf!
As I woke up among the rolling buttes of Tempe, AZ I was excited about this year’s RAPA Conference. Not only did conference topics look interesting, but I was excited to moderate the panel on the future of data privacy and data security later in the week with thought and industry leaders in life reinsurance.
When someone says ‘I.T.’, what comes to mind?
- ‘Wikipedia says it stands for Information Technology’
- ‘Those are the guys who got me a new mouse when mine died….’
- ‘Ugh! Whenever I have a problem, they ALWAYS tell me to restart! That’s all they say!!’
So yes – I.T. does, in those moments of need, provide a replacement mouse when required. And yes, sometimes we tell you to reboot your machine [an explanation is coming later in this post]. The reality of working in I.T. is that there may not be any constant waves of praise coming our way, but that’s okay! When things are working, we typically don’t hear from anyone, which conveys that all things are working well. When something’s not working? That help desk phone does not stop ringing, but I.T. is there to help!
Hi there, my name is Bill Berthiaume, underwriting manager (recent) and this is my first time writing for the LOGiQ3 blog! My aim with this blog post is to share with you my journey from a production underwriter to becoming an underwriting manager and how it has inspired me to be a better leader. I will of course be honest with you in what I’ve learned along the way on this journey, however, there will be no charts or graphs… nothing fancy. I’ll simply be sharing what worked and what didn’t. My own reflections and opinions. And in this process, I hope that you will gain insight into some of the things one should consider when deciding if underwriting management is right for them. I’ll be providing updates as the months roll along as this is part 1 of my series of blog posts to come.
A few weeks ago I released Part I of my blog series on protecting your computer. In there, I shared with you the importance of backing up your PC, the intricacies of antivirus and software updates as well as how to avoid threats to your computer. As I continue this series, I invite you to have a look below at the next four ways YOU can begin to better protect your computer and company information.
During my first few months as reinsurance analyst at LOGiQ3, I had some fun learning about reinsurer premium calculations. Yes, you heard correctly, I said fun and premium calculation in the same sentence. I was tasked with validating whether our reinsurance system was correctly calculating premiums based on the parameters of the treaty and I was so excited.
It is no secret that there is a common disconnect between underwriter and advisors, and it is not a surprise that this issue is present because we tend to look at these two functions separately instead of as a joint effort. In a couple of our previous blogs, we discussed the imminent shortage of underwriters and also how millennials are reshaping the underwriting industry; recognizing and looking to bridge the gap between underwriters and advisors is an addition to future changes within the industry. Here at LOGiQ3, we are all about progressive change, this is how we see the problem.
Every year LOGiQ3 participates in Movember in support of Mens Health.
As health and wellness advocates we are enthused about the possibilities of making a difference. We try to do what we can at each opportunity to engage our team in participating. We started off the month with a blog by one of our expert underwriters on The Risks of Prostate Cancer and will be participating in the new Movember Move initiative .
MOVE is a new way to fundraise for men's health - the challenge is to get active and MOVE everyday of Movember, 30 moves in 30 days. We are stepping up to the challenge, literally!
This year was my first time attending the Bermuda International Long-Term Insurers and Reinsurers (BILTIR) Conference and for a conference that is only in its 2nd year, the attendance was impressive, with over 175 attendees. What made it even more impressive was the high attendee rate given the weather…wind and rain and incoming hurricane… as a Brit, I can get this at home!
LOGiQ3, alongside our joint venture partners; msg global and TAI, co-sponsored the conference networking breakfast, and we were pleased to see that a vast majority of the attendees were able to make the breakfast and enjoyed meeting acquaintances old and new.
The conference sessions were very valuable and inspiring to us as life insurance and reinsurance professionals, and I thought I’d share a couple of the our key takeaways with you here to serve as inspiration for you and your teams looking to keep an eye on the industries’ key trends:
I have a professional interest in the risks associated with prostate cancer. As a life underwriter, I come across prostate disorders all too often, and it’s my job to know how to assess the risk associated with these conditions appropriately. According to the Canadian Cancer Society, Prostate cancer is “the most common cancer among Canadian men (excluding non-melanoma skin cancers). It is the third leading cause of death from cancer in men in Canada”. From the same source, “Based on 2010 estimates, about 1 in 8 Canadian men is expected to develop prostate cancer during his lifetime and 1 in 27 will die from it.”
In addition to my professional interest, I also have a personal interest in the risks associated with prostate cancer, ever since my father was diagnosed with it five years ago. Obviously, any cancer diagnosis is a shock to one’s entire family; the stress and anxiety associated with the tests and consultations, and the decisions that have to be made, only make a difficult situation worse. Luckily, the cancer was detected very early, the surgery he received only required a short hospital stay and the recovery process was measured in months. In his case, no further treatment was required after the surgery and every follow-up exam has been clear. My family’s experience can be seen as a “best case scenario”. Regular exams and rapid treatment saved my father’s life. However, my dad still needs to be vigilant about his health, and so do I and my brothers. Family history is an important component of prostate cancer risk.