AMERICAN ASSOCIATION OF MANAGING GENERAL AGENTS CONFERENCE CALL April 8, 2009

Transcription

1 AMERICAN ASSOCIATION OF MANAGING GENERAL AGENTS CONFERENCE CALL April 8, 2009 Present: Euclid Black President Curtis Anderson President-Elect Tom Albrecht Immediate Past President Robert Schacher Sr. Vice President (East) Anthony Glotzbach Vice President (East) R.C. Chaffin Director (East) Corinne Jones Director (West) Bobby Owens Secretary/Treasurer Rob Giles University Chancellor Bernd G. Heinze Executive Director Martha Heinze Director of Meetings Marty Bair Accoalde CFO Jeff Henry University Director Caitlin Skelton - Project Coordinator Not Present: Mark Rothert Sr. Vice President (West) Wayne G. Forest, Sr. Vice President (West) Mike Miller Associate Member President Euclid Black called the meeting to order at 11:02 a.m. and thanked the Board for attending. Approval of Minutes Mr. Black asked the Board to review the March 11, 2009 Conference Call Minutes which were previously distributed. RC Chaffin made a motion to approve the March 11, 2009 Conference Call minutes as presented. Bob Schacher seconded the motion. The motion was passed. Annual Meeting Martha Heinze reported 710 delegates have registered to date for the Annual Meeting and 31 booths have been reserved. Ms. Heinze noted that Headquarters is working to contact companies that exhibited at the 2008 Annual Meeting Trade & Vendor Show as well as companies that exhibited at the 2009 Automation Conference. AAMGA Board of Directors Winter Board Meeting Minutes April, 2009

2 She advised that she and Caitlin Skelton completed a thorough site visit the previous week at the Boca Raton Resort & Club and met with the production, design and management teams. The hotel is currently sold out of the lower priced rooms for the AAMGA event and the room block shows to be in a solid position and will close with minimal attrition if any. Headquarters has been working to manage the costs of the event as appropriately as possible, while maximizing the business and social aspects of the meeting. Oracle has confirmed it will donate $5,000 to be the exclusive sponsor of the AAMGA Agents & Brokers Lounge Committee Day: Curtis Anderson reported that the 2009 Committee Day event is progressing. All committee assignments of liaisons, co-chairs and members have been made. Mr. Anderson noted that Corinne Jones, Tripp Duesenberg, Matt Letson, Tony Glotzbach and himself will be having a conference call to discuss expanding the UFO Committee beyond the size of its current Board Election Report: Tom Albrecht offered congratulations to Mark Rothert on being elected Incoming President for the fiscal year. He also thanked Bob Schacher for his many selfless contributions during the years on the Board and for his excellent mentorship and representation of the entire AAMGA membership during his time of service. Mr. Albrecht also reported Frank Mastowski won the Director-East position and Mac Wesson was successful in the Director-West position. The Bylaw Amendment also passed. University Weekend East P&L Report: Rob Giles reported that 84 members attended in the University Weekend East in February, somewhat less than estimated. The 2009 University Weekend East had a loss of $26,000. The Curriculum Committee is working to put together the 2009 University Weekend West and, while predicting a smaller number of participants than in past years, is also budgeting accordingly. University Report: Bernie Heinze noted that Jeff Henry, AAMGA University Education Director, was not able to participate in the conference call because he is at a meeting with Coryn Thalmann to finalize the E-Guide on doing business with an insurance wholesaler, which on completion, will reside on the AAMGA website. This has been an on-going project of the HR Sub Committee. 2

3 The first online CE classes are being broken out and will be on the website soon. There will be 4 sets which members can purchase and view at their leisure, to include both CE and non-ce topics. More updates will be available at the May Board Meeting. Tony Glotzbach notes that this project is important to the success of the AAMGA University and encouraged Board members to test the website and view the comprehensive list of course topics. Mr. Heinze reported that one position in Accolade was eliminated given the reduced demand for CE classes from members. Automation Conference Report: Caitlin Skelton reported that the 2009 Automation Conference which took place March 14-17, 2009 in San Diego, CA had a total of 170 attendees. Survey results collected from attendees showed very high marks for the sessions offered. In addition, 100% of those that responded to the survey noted that they would recommend the event to colleagues. Preliminary financial estimates show a surplus of $29,000. The Board will be updated on the final number when the final reconciliations have been completed. Governmental Affairs Committee: Bernie Heinze and Mark Rothert reported on the efforts to advance the legislative remedial activities on the Essex Insurance Company v. Zota decision of the Florida Supreme Court. He had lunch in Tallahassee with governmental representatives. Accoalde management has volunteered to house the 501(c)(4) organization to help financially support the activities in Florida. The Surplus Lines Coalition for Economic Security has a board comprised of Tom Rogan, Skip Wolfe of the FL Surplus Lines Association, a representative of the Latin American Insurance Agents, Bernie Heinze and Jim Roe. Activities of the Coalition will be reported on to the industry. On the Non-admitted and Reinsurance Reform Act, (NRRA) the House of Representatives has taken a position to not introduce or consider a bill until the Senate has weighed in. We are continuing to work with the Senate staff to get the bill through this year but the opportunities appear daunting at present given the other financial service matters under review. Mr. Heinze also reported that a Linked-In community has been created for members to share information, news, questions and issues. The Community is comprised of only AAMGA Members. The UFO is also developing a Linked-In Community which will only be accessible by UFO Members. 3

4 UFO International Seminar Report: Caitlin Skelton reported that the UFO International Seminar took place from March 30 th through April 1 st in Munich, Germany. The event was attended by 14 UFO members, and was a resounding success. Both UFO participants and our colleagues at MunichRe which hosted the event were pleased with the results. AAMGA & University Audit RFP: Bobby Owens reported that he has started the process of retaining proposals from CPA Firms for the upcoming audit of the AAMGA and University Foundation. A total of 5 bids will be received by May 1 st so the proposals can be discussed at the AAMGA Annual Meeting Board Meeting in Boca Raton, Florida. New Member Applications: Tom Albrecht proposed that all candidates for AAMGA membership be approved by a single Motion. The applicants are: American Vehicle Insurance Company Arthur J. Gallagher (UK) Ltd. Bankers Insurance Group Custard Insurance Adjusters Galloway Johnson Tompkins Burr & Smith North American Risk Services Mr. Albrecht also presented two Change of Name forms: Skywire to Oracle, and ImageRight to Vertafore. Bob Schacher made a motion to approve all New Members and Name Changes as submitted. Tony Glotzbach seconded the motion. The motion carried by unanimous vote Fall Meeting Update: Mr. Glotzbach reported that Wayne Forest, Martha Heinze and he have been working together to continue reviewing ways to enhance the Fall Meeting. Some of the Associate Members are using the event as a forum to spend face time with. Feedback from the Board is strongly encouraged and welcomed in this important planning process Committee: Euclid Black reported that the 2017 Committee held a meeting before the AAMGA Automation Conference in San Diego. The group reviewed the notes from previous meetings to publish the final recommendations and initiatives. Curtis 4

5 Anderson reported that Scott Anderson will be publishing the final report. The Committee decided to discontinue its efforts as it has accomplished its mission. The group also agreed that the committee could resume in the future if reconstituted by another President. Tony Glotzbach made a motion to adjourn the monthly teleconference. RC Chaffin seconded the motion, which was approved. The conference call ended at 11:45 am. Respectfully submitted, Bernd G. Heinze Executive Director NOTICE OF NEXT BOARD OF DIRECTORS MEETING The next meeting of the AAMGA Board of Directors will also be the Annual Meeting of the Board. It will be held in the Chairman s Boardroom at the Boca Raton Resort & Spa Friday, May 15, 2009, beginning with a continental breakfast at 7:30am, and concluding by 5:00pm. The meeting will be followed by a cocktail reception beginning at 6:30pm and a Board Dinner with spouses at 7:30pm. Both of the social events will be held in one of the on-site restaurants within the Resort. Details of the final arrangements will follow shortly. 5