Before NU NAPSLO Daily interviewed executives to hear their views on the lessons of 2008, Stanley Galanski, president and chief executive officer of The Navigators Group, delivered his own comprehensive list at an industry conference.
Speaking late last year at the 20th Annual Executive Conference for the Property-Casualty Industry--presented by The National Underwriter Company and sponsored by Ernst & Young and Dewey & LeBoeuf--Mr. Galanski gave his take on broad lessons learned from the travails of financial institutions outside the insurance industry.
#1: Underwriting matters.
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