The Center for Insurance Studies is hosting an event on mergers and acquisitions between insurance brokers and the banking industry.   I would like to invite you to attend this event since it directly impacts your industry and future.  You will also meet our students in both the insurance and financial services and the insurance marketing entrepreneurship programs. All funds generated from this event will be used for one insurance scholarship for our Dean's Scholars and the remainder will go to abused children through the Insuring the Children Program under the Insurance Industry Charitable Foundation (IICF).  We will be recieving  two continuing education credits  from the Department of Insurance,which will be mailed to the participants once it is approved.

There is no charge to faculty and students.

 

                                                                            

 

BROKERS & BANKERS:

Mergers & Acquisitions between the

Banking & Insurance Brokerage Industries

 

Mergers and acquisitions in the insurance distribution system are rising. Banks are increasingly entering portions of the insurance marketplace. Many small agents, brokers, community banks are being crowded by consolidation. Would you like to learn how to cope with the challenge? Please join us for this exceptional seminar with keynote speaker Dr David Cummins, Wharton School and Mary Weiss, Temple University.

 

November 16, 2007 

Doubletree Anaheim Hotel 

100 The City Drive 
Orange, CA 92868
(714) 634-4500

    

11:00 – 1:30 p.m.

(Registration begins at 10:30)

 

This seminar surveys recent developments of the entry of banks into insurance – either insurance brokerage or underwriting of insurance. This development has major implications to the insurance industry as a whole and insurance agents and brokers in particular. Insurance agents and brokers may see and entirely new competitive force and may need to restructure their way of doing business to compete with it effectively. Or, insurance agents and brokers may choose to be acquired by a bank or otherwise become associated with a bank to facilitate their insurance production efforts.

 

The following provide the details concerning the levels of participation for this important conference – for additional/registration information, please contact either Dr. Weili Lu: (714) 278-3679 / wlu@fullerton.edu or Mary Ellen Nossaman: (714) 278-7296 / mnossaman@fullerton.edu.

 

Download the Registration Form. Submit the form to

 

Kathi Wilson

Program Coordinator

Center for Insurance Studies

Cal State Fullerton

2600 Nutwood Ave.

Fullerton, Ca 92834

(714) 278 - 2045 office

(714) 278 - 5551 fax

kawilson@fullerton.edu 

 

 

·             CONFERENCE TITLE SPONSOR – $5,000

--        Two tables of ten (with table sign) in priority seating area * (see below for seating priority)        Company logo on all event materials

--       Company logo on presentation screen at the start of the event

--       Table display in event registration foyer

--       Half-page ad on an inside page of the program

--       Recognition on CIS web pages with logo link to your company’s website

--       Recognition in the CIS newsletter – The Bridge

--       Two Insurance Leadership students will join you at your table (optional)

 

·              PLATINUM SPONSOR – $3,000

--       One table of ten (with table sign) in priority seating area * (see below for seating priority)

--       Company logo on all event materials

--       Company logo on presentation screen at the start of the event

--       Table display in event registration foyer

--       Quarter-page ad on an inside page of the program

--       Recognition on CIS web pages with logo link to your company’s website

--       Recognition in the CIS newsletter – The Bridge

--       Two Insurance Leadership students will join you at your table (optional)

 

·             GOLD SPONSOR– $2,000

--       One table of ten (with table sign) in priority seating area * (see below for seating priority)

--       Company name listed in the program

--       Listed as a Gold Sponsor on presentation screen at the event

--       Company name listed on CIS websites

--       Recognition in the CIS newsletter – The Bridge

--       An Insurance Leadership students will join you at your table (optional)

--       Copy of handout for each attendee

 

·             CORPORATE TABLE – $850

--       One table of ten (with table sign)  * (see below for seating priority)

--       Copy of handout for each attendee

 

·             INDIVIDUAL TICKET – $120

--       A seat at the event

--       Copy of handout for each attendee

 

 

 

J. David Cummins

Dr. J. David Cummins is the Harry J. Loman Professor Emeritus of Insurance and Risk Management at the Wharton School, University of Pennsylvania. He has taught at Wharton since 1973 and was the Harry J. Loman Professor of Insurance and Risk Management and executive director of the S.S. Huebner Foundation. Dr. Cummins is also the Joseph E. Boettner Professor of Risk Management, Insurance and Financial Institutions at the Fox School of Business,  Temple University.

     Dr. Cummins’ current professional leadership is reflected as Co-Editor, Journal of Banking and Finance, 2000-present; Associate Editor, Journal of Risk and Insurance, 1998-present; Associate Editor, Journal of Financial Services Research, 1989-present; Associate Editor, Geneva Risk and Insurance Review, 1994-present; Associate Editor, Journal of Actuarial Practice. He was also the editor of the Journal of Risk and Insurance. In a recent academic research article in the Journal of Risk and Insurance that analyzed the relative contributions to the field of risk, insurance and financial institutions of all scholars, Dr. Cummins was recognized as the Premier (#1) researcher in this discipline in the world.

     Dr. Cummins’ research focuses on insurance economics, financial risk management, productivity and efficiency, and securitization. Dr. Cummins has published more than 85 articles in academic journals. He has published numerous articles in the premier Risk and Insurance journals, and apart from Insurance journals, he has published in many premier journals in Finance and Economics. Furthermore, he has authored, coauthored, edited and co-edited sixteen books. He has authored and co-authored thirty-four chapters in books and monographs.

     His current research consulting includes the Bermuda Insurance Development Council, evaluation of the Bermuda insurance and reinsurance markets; American Insurance Association, analysis of broker compensation including an economic evaluation of contingent commissions; and Massachusetts Property Insurance Underwriting Association, evaluation of cost of capital and fair rate of return for property insurance.

     Dr. Cummins’ current projects consist of productivity and efficiency analysis of insurance firms; operational risk in insurance and banking; arbitrage-free pricing of insurance contracts; and financing of catastrophic risk.

     Additionally, Dr. Cummins has held the highest office in the profession as the President of the American Risk and Insurance Association. He received his PhD and MA from the University of Pennsylvania, and his BA from University of Nebraska.

Professor Mary A. Weiss

Dr. Mary A. Weiss is Deaver Professor of Risk, Insurance, and Healthcare Management at the Fox School of Business and Management of Temple University and the current President of the American Risk and Insurance Association (ARIA).  She is the Editor of Risk Management and Insurance Review and an Associate Editor for the Journal of Risk and Insurance. Her research has focused on financial services conglomeration, efficiency measurement of insurers, no-fault automobile insurance, reinsurance, regulation, and underwriting cycles.  Her research has appeared in a number of refereed journals including The Journal of Risk and Insurance and The Journal of Banking and Finance, etc. Mary has made numerous research presentations at the Annual Meetings of the American Risk and Insurance Association.  Her research also has been presented at the National Bureau of Economic Research, the Brookings Institution, the Casualty Actuarial Society and conferences sponsored by the Federal Reserve Banks of Atlanta and New York, among other prestigious venues.  She received her Ph.D. degree from the Wharton School, University of Pennsylvania, and has been on the faculty of Temple University since 1986.  She was a visiting scholar at the Wharton School (2004-2006) and was selected as the 2004 Distinguished Huebner Alumnus, Huebner Foundation, Wharton School.