The Risk and Insurance Management Society Inc. (RIMS) said it will hold a March 22 forum to discuss improvements in business practices and will invite leaders of the world's largest insurance companies, brokerages, associations and regulators.
Based on RIMS Quality Improvement Process (QIP), the forum will be an interactive dialogue focusing on the three guiding principles that RIMS believes are integral components to the insurance transaction–integrity, transparency and client-centricity, RIMS said.
The society said these principles will be discussed at a session led by Ellen Vinck, New York-based RIMS president, with RIMS directors Janice Ochenkowski and Karen Beier.
RIMS said it expects the meeting to be the first in a series of initiatives toward improvements in business practices, industry associates' collaboration and commitment to adopting the tenets of the QIP–and a vision for moving forward.
RIMS said it has invited insurance industry business leaders to take part in the forum as a means of enhancing quality in the industry and client loyalty, business retention, knowledge-based talent and shareholder value.
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