The ratings of credit insurance and debt protection providers give valuable insight to credit unions that are in the market for a new insurance provider or are evaluating their current insurance provider. Quality of assets, strength of insurance provider’s capital, risk management control, level of adequate earnings and quality of leadership are the top five factors credit unions need to evaluate to ensure that the needs of their members are met.
In this podcast, Leslie Chapman, Securian’s Vice President, Chief Actuary and Chief Risk Officer provides details on how credit insurance and debt protection providers are rated and what these evaluations mean for credit unions. Leslie joined Securian in 1976 and is a member of the Society of Actuaries.
Securian is the NAFCU Services preferred partner for credit insurance and debt protection solutions for credit unions.