What is the best gift the industry has given you this year?
“Earning my Advanced Claims Professional (ACP) designation has been the greatest gift from the insurance industry this year. It has boosted my confidence, refined my skills, and expanded my expertise. Now, as a Litigation Specialist, I’m even more empowered to navigate complex cases and protect insureds' interests with greater precision.”
Likehea Overton, Litigation Specialist, UFG Insurance. CLM Fellow since 2018.
“This year I’ve been fortunate to have gained new mentors both internally and through a professional organization’s mentorship program. The industry is putting tremendous effort into ensuring the success of the next generation and it is not going unnoticed.”
Samantha Ostreicher, Senior Claims Specialist, CapSpecialty. CLM Fellow since 2022.
“The best gift I have received this year is the gift of growth. Through day to day work and also educational opportunities that I took advantage of, I feel that I have grown both as a professional and also as a member of the community.”
Tyler Brooks, Vice President, GB Specialty (Division of Gallagher Bassett). CLM Fellow since 2022.
“New friendships and connections have been the best gift the industry has given me this year. I’ve had the privilege of meeting many incredible people within the industry who have become genuine friends, both at work events and outside of work. A large part of this is thanks to CLM. It’s amazing how small connections can lead to meaningful friendships. This has definitely made the industry more enjoyable and not just ‘work’ this year.”
Jason Chung, Partner, Cruser, Mitchell, Novitz, Sanchez, Gaston & Zimet LLP. CLM Member since 2023.
STATISTICS
2.98 million
The number of jobs in the U.S. insurance industry in 2023.
Source: Triple-I
1.7 million
(Or 59.4% of the total 2.98 million) number of women in the insurance industry.
Source: Triple-I
$88 billion
The record amount made by the property and casualty industry in 2023.
Source: Illinois Trial Lawyers Association
US $357 billion
The amount of economic losses from natural catastrophes reached globally in 2023.
Source: Gallagher Re
76%
Percentage of respondents, in a June 2024 survey, who said their organization has already implemented GenAI capabilities in one or more business functions.
Source: Deloitte Center of Financial Services (DCFS)