Chubb has positioned itself in China. The company could be the conduit through which we deliver professional education in China. The Chubb school offers specialized training and courses to Chinese insurance regulators and officials, insurance company staffs, agents and brokers. In the past, people weren't interested in insurance. Everything was owned by the state.
Enterprises are now responsible for profits and losses.
All enterprises that become independent should think seriously about insurance. Brandon said half the institute's textbooks already have been translated into Chinese and are in use in Taiwan. However, the books may need to be translated and printed on the mainland. Representing the college in the talks were Jack Nelson, the college's chief academic officer, and Camille Lazare, associate director of the college's Center for Professional Education. SUFE has developed similar relationships with professional societies and educational institutions elsewhere.