President’s Message

IRUA President’s Message

Greetings All! Let me begin by saying how honored I am to have been elected President of the IRUA for a two-year term beginning in April, 2019.    The reinsurance industry continues to find itself operating in a competitive and transitional market.   Over the past year, we’ve completed our new and fresh look on our website, we have our newly published “Newsletter” and we continue to provide readers with our staple publication of the Journal of Reinsurance.  In addition, we continue working hard to bring the most relevant topics to our educational events.  As we progress in our daily work lives, models are more sophisticated, capital arrives from new and innovative sources and technology is changing the way we deliver and service our products.  It’s all happening at a rapid speed.  But we should never lose sight of the fact that at its core, reinsurance is still a people business and networking is not a “nice to have”-  it’s how business gets done.  We only need look back over previous years to recall the hurricanes, floods and wildfires that devastated the lives of those in their tracks.  The reinsurance industry stood ready to deliver resiliency to the people, businesses and communities impacted by these natural catastrophic events.  The hard work and dedication of our industry professionals will ensure that we remain in that ready position to help rebuild and repair what nature destroys.

To do this we must continue to update our tools and educate ourselves and others.  To those companies that are current members, we thank you and we look forward to meeting with each of you during our 2019 events.  To those that are not yet members, we hope that you will consider becoming a member of the organization and to help drive the creation of quality educational programs and networking opportunities.  We also hope that you will attend several of our educational offerings in 2019.

While we have not yet confirmed the dates of our 2019 Annual Meeting & Conference, we are confident that it will be held, once again, in early April in Florida. Once confirmed, we will post the dates on our website so check back often. In addition, our scholarship program continues to grow and we are excited that our member companies continue to support this worthwhile endeavor.  These scholarships are available to all eligible interns of member companies, so please encourage all of your interns to participate.

Change can be unsettling but the changes facing our industry can be exciting, raising each and everyone of us to new heights. So, we challenge everyone to embrace change and give it your all so that our industry continues to emerge stronger than ever.

We welcome your ideas about future events, JOR topics of interest and Newsletter items and we invite you to reach out to us directly.

Looking forward to a successful future together!

Andrew Downing
IRUA President