June 19, 2016

It's hip to be part of insurance industry, Finally?

You might not be aware of this, but apparently, if you work in insurance, you are the new “cool kid” in the world of international development.

That's because access to insurance was featured in the four major sustainable development agreements that the United Nations concluded last year, and development experts are waking up to the possibilities of insurance and are eager to learn more, said Quentin Coolen, a U.N. official who now hangs out with the cool insurance kids on the block.

Long seen as burdensome or simply irrelevant, insurance now is being viewed as a tool to help the world's poor deal with issues such as catastrophe risk and climate change, and the experts who fashion and use those tools are in demand.

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