Have you ever been skydiving?

Executive Summary

All insurers in the U.S.—even those doing business solely in the U.S.—may be affected by Brexit. Howard Mills, Global Insurance Regulatory Leader at Deloitte Services LP and a former Superintendent of the New York State Insurance Department, explains how but says that regulatory tools developed for ORSA compliances are helping them cope.

If, like me, you’re a newbie with a healthy fear of jumping out of an airplane thousands of feet above the ground, the trick is to never quite believe it’s going to happen.

Your spouse gave you the gift certificate for your birthday. That’s nice, but you’ll never call to do it. You call to set up the appointment. OK, but you’ll never actually go. You’re on your way to the airport. You can always turn around. You’re sitting in the class while they tell you what to do. It never hurts to listen. You’re in the doorway of the plane with solid earth so far below. Are they crazy? I’m not going to do this.

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