Project Description

Calendar 2016-10-25 14:15:00 2016-10-25 16:15:00 America/Chicago 2016 NMSDC Conference - The Impact Regulatory Changes Are Having On The Color Of Business Description - - - - - - Tuesday, October 25, 2016 2:15 – 4:15 p.m. The U.S. Insurance industry is a big industry, representing over $1 trillion in premiums and employing over 2.5 million people. Opportunities for increased supplier diversity in this segment of the economy is growing. Regulatory changes launched by the state of California have served to place a spotlight on this opportunity. In 2012, the State of California launched its first Insurance Diversity Survey. The survey measures Supplier Diversity and Board Diversity in the insurance industry. Since the launch of this survey, the California insurance industry has reported an increase of over $586 million in spend with diverse suppliers, a 63% increase in just 3 years. There is a wave of change underway in the industry; Minnesota, New York, Oregon, Washington and Washington DC have now joined California in this landmark supplier diversity initiative. The net result: over 75 % of the nation’s insurance companies will be engaged in the topic of finding ways to engage diverse suppliers. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - NOTE: All times are Central Standard Time. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Visit www.NMSDCConference.com for up-to-date conference information - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Connect with us - - - - - - - - - - - - - - - - - - - - - - - - LinkedIn http://www.linkedin.com/company/national-minority-supplier-development-council Facebook https://www.facebook.com/pages/National-Minority-Supplier-Development-Council/132183146823970 Twitter https://www.twitter.com/NMSDCHQ #NMSDCConference - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Certify. Develop. Connect. Advocate. NMSDC 1359 Broadway, Tenth Floor Suite 1000 New York, NY 10018 United States http://www.NMSDC.org © 2016 The National Minority Supplier Development Council, Inc. McCormick Place, 2301 S. King Drive, Chicago, Illinois 60616 NMSDC info@NMSDC.org
Health Industry

Tuesday, October 25, 2016
2:15 – 4:15 p.m.

Description

The U.S. Insurance industry is a big industry, representing over $1 trillion in premiums and employing over 2.5 million people. Opportunities for increased supplier diversity in this segment of the economy is growing.

Regulatory changes launched by the state of California have served to place a spotlight on this opportunity. In 2012, the State of California launched its first Insurance Diversity Survey. The survey measures Supplier Diversity and Board Diversity in the insurance industry. Since the launch of this survey, the California insurance industry has reported an increase of over $586 million in spend with diverse suppliers, a 63% increase in just 3 years.

There is a wave of change underway in the industry; Minnesota, New York, Oregon, Washington and Washington DC have now joined California in this landmark supplier diversity initiative. The net result: over 75 % of the nation’s insurance companies will be engaged in the topic of finding ways to engage diverse suppliers.

Presenter:
Rod Robinson
Chief Executive Officer
ConnXus

Phillip Styles
Executive Vice President
Willis Towers Watson

Kimberly Waller
Executive Vice President
Willis Towers Watson