NADA JANDRICH

Nada Jandrich of Cook Group is part of Insurance Business America Leading Risk Mangers 2017

NADA JANDRICH
http://www.cookgroup.com/
Director of insurance 
Cook Group
Bloomington, IL

Over the past three decades, Nada Jandrich has worked for Cook Group, a family-owned medical device manufacturer serving 135 countries worldwide. She’s spent the last 12 of those years in risk management, currently serving as director of insurance for the company.

“I was interested in this position because it’s so exciting and dynamic,” Jandrich says. “It allows me the opportunity to provide real value to the corporation through various risk-transfer options and strategic data analysis.”

For Cook Group, which builds medical devices for more than 40 medical specialties, risks and exposures are plentiful and ever-changing. Managing a dynamic insurance program with upwards of 125 insurance policies, Jandrich relies on a wide range of insurance carriers, including accessing markets in Bermuda and London to cover exposures related to the manufacturing of medical equipment.

“Tolerance is changing globally, and we are seeing more regulatory scrutiny on cyber and directors & officers liability,” she says. “Also, renewals in general are requiring more meaningful submissions. Risk concerns continue to increase exponentially. You can’t be short-sighted and manage from your desk. I now work in close partnership with brokers and insurers.”

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