Presidents and Fraternal Operations Mid-Year Meeting Topics Hit Home
- The highest rated speaker was Greg Ip, an incredibly bright economist (with a personality, no less!) and editor of The Economist. His commentary on interest rates, economic recovery, and the delicate balance between the economy and economic policy were worth the price of attendance. The best part of his presentation, however, was the Q&A segment following his prepared remarks. Alliance members played “stump the economist” with some very tough questions that Greg handled flawlessly.
o “Greg Ip was just terrific.
- For the first time ever, the Alliance brought together regulators or former regulators from five states – Louisiana, New York, Georgia, Texas, and Wisconsin – for a 75-minute panel discussion on the regulatory challenges facing fraternals. In an expansive discussion that covered everything from guaranty fund participation to the rising cost of examinations, regulators and Alliance member executives got to know and understand a little more about the issues important to each side.
o “Having a chance to hear and speak with the members of the regulatory panel was the most beneficial part of the meeting.”
- Attendees also gave high marks to the panel presentation on Hispanic marketing – which was somewhat surprising since so few fraternals are actively engaged in targeting this growing demographic.
o “We just can’t ignore the fastest growing segment of the U.S. population and the Catholic Church. If you want to grow, you have to go where the growth is.
- But my nominee for “Quote of the Week” goes to the CEO who, after hearing regulators discuss the pressing need for fraternals to update their governance structure and business model, said:
o “You know how you change things at a fraternal? One funeral at a time.”Next week’s blog will highlight some of the upcoming speakers and topics that will be included on the 2014 Annual Meeting program. Registration will open soon, but mark your calendars today because you won’t want to miss this event – September 4-6, in Austin, TX.