A New Year, A New Us

Insurance - - EDITOR’S NOTE - Dato’ Haji Syed Mo­heeb Syed Ka­marulza­man­man

Itake this op­por­tu­nity to wish ev­ery­one a Happy New Year. I hope that your va­ca­tion was re­lax­ing and re­gen­er­a­tive. The Malaysian In­sur­ance In­sti­tute be­gins 2016 with a re­fresh­ing look. Our new logo is a rep­re­sen­ta­tion of our re­newed sense of com­mit­ment to im­prove, move for­ward and to sim­ply do ev­ery­thing, bet­ter. Our res­o­lu­tion is to con­tinue to serve our in­dus­try with ex­cel­lence in education. With a new tagline “Build­ing Knowl­edge. To­gether”, please re­mem­ber that each and ev­ery one of us plays a key role in help­ing the in­dus­try raise pro­fes­sional stan­dards. For us at MII, we will en­sure we re­main the in­dus­try’s pre­ferred in­sur­ance education provider. Many new and ex­cit­ing projects await your par­tic­i­pa­tion in 2016. Lead­ing th­ese projects are the new FMII route, the in­cor­po­ra­tion of the Malaysian reg­u­la­tory frame­work and prac­tices in all pro­grammes, books and notes; a to­tal re­write of aca­demic text­books for all our sub­jects, de­vel­op­ment of new Cer­ti­fi­ca­tion pro­grammes that meets FAA Learn­ing Stan­dards, set­ting up of AMII alumni, var­i­ous univer­sity col­lab­o­ra­tions and many more. We need your help, come join us and help us build knowl­edge. In build­ing knowl­edge, we also need to evolve with trends and tech­nolo­gies. For a start, MII has set up an eLearn­ing team to de­velop On­line Learn­ing Con­tent mod­ules, in­ter­ac­tive eBooks and pod­casts. Th­ese vir­tual learn­ing plat­forms are proof that MII un­der­stands the need for al­ter­na­tive learn­ing meth­ods. If you can’t come to us, we shall bring our education to you – wher­ever you are. Ev­ery­thing be­gins with a vi­sion and what we see, we will get if we put in place a plan of ac­tion. David Schwartz, in his book, “The Magic of Think­ing Big”, de­scribes the road to suc­cess as fol­lows: “…Ev­ery step for­ward pays div­i­dends. Suc­cess is de­ter­mined not so much by the size of one’s brain as it is the size of one’s think­ing... Think­ing big does work magic. You can move a moun­tain with enough com­mit­ment and drive. The “I can” at­ti­tude gen­er­ates the magic”. Mal­colm Glad­well wrote in his best­seller “Out­liers: The Story of Suc­cess”, in dis­cussing the psy­chol­ogy of achieve­ment, he ar­gues that in the suc­cess equa­tion of gifted peo­ple, prepa­ra­tion is far more im­por­tant than sheer tal­ent. He wrote that ath­letes, mu­si­cians, chess cham­pi­ons, even com­puter ex­perts all need both tal­ent and time to help them reach the top ech­e­lon. In other words, “Prac­tice isn’t the thing you do once you are good. It’s the thing you do that makes you good.” So, think big, plan and pre­pare for suc­cess. At MII, our shared val­ues are based upon di­ver­sity, in­tegrity and re­spect. From a foun­da­tion of lead­er­ship, we use in­no­va­tion and seek team­work to achieve ex­cel­lence. It is a com­bi­na­tion of build­ing col­lab­o­ra­tion, a will­ing­ness to work ex­traor­di­nar­ily hard, and the abil­ity to recog­nise op­por­tu­ni­ties that ul­ti­mately will lead to suc­cess. MII is here to help. For us to reach the goals within our shared vi­sion, the in­dus­try must be part of the process and we must en­sure we work as a team. This is the sea­son for New Year res­o­lu­tions, and mine is a re­newed com­mit­ment to ex­cel­lence and shared val­ues that in­clude sus­tain­abil­ity, in­no­va­tion, and a de­gree more ef­fort in ev­ery­thing that af­fects MII and the in­dus­try we serve. In this is­sue, MII in­vites you to take a look at the many facets of the in­dus­try in­clud­ing rein­sur­ance and Taka­ful. En Zain­udin Ishak of Malaysian Re shares his out­look for 2016 in our cover story. Other key top­ics of dis­cus­sion in our first is­sue of the year in­clude the ar­ti­cles ti­tled ‘Fraud In­tel­li­gence Sys­tem: The Use of An­a­lyt­ics in Fraud De­tec­tion’, ‘Is Malaysia Ready to Em­brace Dig­i­tal In­sur­ance surance & Taka­ful?’ and ‘Three Tech­nol­ogy Trends Malaysianalaysian In­sur­ance CIOs Should Bee Aware Of’. The edi­to­rial tea­mam at MII has worked tire­less­lye­lessly to bring you an in­for­ma­tive for­ma­tive read to kick start art 2016. Once nce again, I wish ev­ery­oneery­one a Happy New Year. ear.

Editor itor in­sur­anceed­i­tor@mii.org.my my

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