{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Product Strategy in the Ever-Changing Insurance Environment with Marisol Schulte","description":"Marisol Schulte, CPCU, AIC, is a Senior Consultant of Personal Lines Strategic Planning and Insurance at TransUnion. Marisol supports in developing and executing TransUnion\u2019s product strategy for the personal lines property and casualty markets. She has over 18 years of property and casualty insurance experience, beginning in claims, with additional positions in R&D and Product Management for State Farm, CSAA, and Farmers. Schulte attained her CPCU in 2017 and graduated cum laude from California State Polytechnic University, Pomona with a bachelor\u2019s and master\u2019s degree in Mathematics. In this episode of In the Know, Chris Hampshire and Marisol examine the current conditions in Southern California in the wake of the January 2025 wildfires and discuss her journey in the insurance industry.   Key Takeaways Marisol\u2019s humble upbringing underscored the importance of education. From claim rep to actuarial work to the vendor side, Marisol has found there is always something new to learn in the insurance industry. You don\u2019t need to have a family member in the industry to succeed in your insurance career. The importance of networking in a successful career. The impact of the Southern California wildfires on insurance ratings and carrier approvals. Increasing insurance premiums are creating unique challenges for vendors.  Long-term solutions for insurance in California. The pros and cons of moving from claims to strategy. CPCU courses provide insights into every aspect of the insurance industry. Marisol\u2019s decision to move from the carrier to the vendor side. Insurtech aims to address the unicorns of the technology industry. Marisol\u2019s decision to earn her CPCU designation stemmed from the example of her mentors.  Insights into what\u2019s coming next in the insurance industry, the market, and the economy as a whole.  A five-year look at the future role of insurance in the constantly changing environment. Strategies for fostering a more welcoming insurance industry. Marisol\u2019s bold advice to her early career self.   Quotes \u201cIf you are willing to network, there will be someone willing to help.\u201d \u201cBeyond just insurance, there has to be something more that someone comes up with that helps with the new climate that we\u2019re in.\u201d \u201cGoing through the CPCU courses allowed me to see what else is out there.\u201d \u201cIn CPCU courses, I was having deeper and more meaningful conversations with different folks within the insurance industry.\u201d \u201cEverything is changing, and we have to keep abreast on how we can provide solutions in this changing environment.\u201d   ","author_name":"IN-the-Know","author_url":"http:\/\/cpcusociety.libsyn.com\/website","html":"