One of the primary thrusts of the Australian and New Zealand Institute of Insurance and Finance (ANZIIF) is to further educate insurance professionals. The institute, which has over 16,500 members, provides educational services across a variety of insurance-related areas.
In a new IB Talk podcast featuring ANZIIF chief executive Prue Willsford, host Danny Wood noted that numerous insurance experts are looking for wider education options, especially compared to other financial industries like banking.
According to Willsford, banking takes a much narrower set of skills than insurance because of the nature and breadth of risks that the insurance industry covers and the scenarios it faces.
Willsford said the insurance industry is currently becoming more collaborative again with regard to education, reversing a trend that began around two decades ago.