An insurance receiver reads page 218 against troubled insurers — 'too much focus on protecting the entity'

Hartz is a certified insurance resolver, appointed to run troubled insurance companies. He takes the book's line on governance protecting the mission rather than the entity and applies it to the firms he is called into, where he says the emphasis has been the wrong way round.

“So many of the insurance companies we work on are troubled because there has been too much focus on protecting the entity. The focus of management and regulator needs to be on the mission.” — Douglas Hartz on LinkedIn