A New Year, A New Us
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.
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