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in Editors' Featured, Markets

Thinking Globally, Operating Locally

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All insurance is regional, according to conventional wisdom, so maintaining strong local relationships is more important than ever in an increasingly global marketplace. As president of field operations for Navigators Management Company and former president of Lloyd's North America, few understand the need to balance regional and global perspectives better than LoriAnn Lowery-Biggers. To successfully bring products and services to market that meet the particular needs of clients worldwide means being able to communicate intelligently on a global platform while realizing that execution and implementation occurs at the local level. Lowery-Biggers, who recently spoke at the 2011 MarketScout Entrepreneurial Symposium in Dallas, Texas, says carriers that are willing to take calculated risks and don't shy away from innovation will be among those that thrive going forward.

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