The days of the CFO as a behind-the-scenes finance work are over. Today, insurance CFOs sit shotgun to CEOs, responding to questions about return on equity (ROE), renewal retention rates, combined ratios and loss adjustment expense ratios. In an increasingly complex market, finding answers is more difficult than reporting figures.
Further, shareholders now look to the CFO to answer questions not only about what the company has done but how it will improve, essentially putting the CFO in the transformation leadership seat.
This whitepaper focuses on why insurance needs transformation leaders and how CFOs can successfully step into a transformational role.
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