Introduction Presentation[1]

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Quick overview of NAMIC

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Introduction Presentation[1]

  1. 1. NAMIC Overview ICMIF Technology Network Seminar October 2009
  2. 2. About NAMIC
  3. 3. About NAMIC <ul><li>Founded in 1895 </li></ul><ul><li>Largest, most diverse national insurance trade association in the United States </li></ul><ul><li>Represents the interests of its property/casualty insurance company members and their policyholders </li></ul><ul><li>Focus many efforts on mutual issues such as Sarbanes-Oxley fight </li></ul>
  4. 4. About Our Members
  5. 5. About NAMIC Members <ul><li>Membership includes farm mutual insurance companies, single-state and regional writers, and national insurers operating across North America </li></ul><ul><li>1,400 members strong </li></ul><ul><li>Underwrite 41% of the automobile and homeowners U.S. insurance market </li></ul><ul><li>31% of the business insurance market in the United States </li></ul>
  6. 6. Strong Mission <ul><li>NAMIC strengthens and supports its </li></ul><ul><li>members and the property/casualty </li></ul><ul><li>insurance industry by providing effective and </li></ul><ul><li>high-value advocacy, public policy, and </li></ul><ul><li>member services. </li></ul>
  7. 7. Shared Values <ul><li>NAMIC values MUTUALITY </li></ul><ul><li>NAMIC values member involvement </li></ul><ul><li>NAMIC values member interaction </li></ul><ul><li>NAMIC values collaboration </li></ul><ul><li>NAMIC values low-cost, highly-effective operations </li></ul><ul><li>NAMIC values fairness and opportunity in governance </li></ul>
  8. 8. Membership value <ul><li>NAMIC dues are used solely for advocacy on behalf of member companies (core services): </li></ul><ul><ul><li>Federal Affairs (DC Office) </li></ul></ul><ul><ul><li>State and Regulatory Affairs </li></ul></ul><ul><ul><li>Public Policy </li></ul></ul><ul><ul><li>Public Affairs and Media Relations </li></ul></ul><ul><li>All non-core services are self-supporting (convention, seminars, insurance services, arbitration, salary surveys, etc.) </li></ul>
  9. 9. My role at NAMIC… <ul><li>Serve as your liaison to NAMIC services </li></ul><ul><li>Develop & manage products and services to help you improve your business operations </li></ul><ul><li>Connect you to the NAMIC community </li></ul><ul><li>Work with all types of NAMIC members to enhance membership benefits for all </li></ul><ul><li>Bring knowledge resources to you </li></ul>

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