AAMGA Scholarships for RMI Students & AAMGA RMI Professors Advisory Board

fyi

Allen Seward, Ph.D.
Director, Baylor Business Fellows
Hankamer School of Business
Baylor University

From: Bernie Heinze [mailto:bernie@theheinzegroup.com]
Sent: Tuesday, November 10, 2015 10:46 AM
To: Bernie Heinze
Subject: AAMGA Scholarships for RMI Students & AAMGA RMI Professors Advisory Board
Importance: High

Good Morning Professor:

Each year the AAMGA Education Foundation conducts a White Paper Research Contest for students enrolled in Risk Management & Insurance Programs, at Colleges and Universities across the country. The contest allows students to differentiate themselves by researching a topic of relevant interest or an emerging risk within the wholesale insurance industry, and to receive one of three $1,000 scholarships, an all-expense paid trip and registration to the 90th AAMGA Annual Meeting, May 22-25, 2016 at the JW Marriott Desert Ridge Resort in Scottsdale, AZ for them and their professor or advisor, and the opportunity to shadow an AAMGA member during their meetings at the conference. The winning papers are also published in the May issue of Wholesale Insurance News magazine.

I invite you to share this information with your RMI students.

This year the Education Foundation is teaming up with the Association’s Emerging Issues & Trends Committee. The topics have been sorted into three categories based on areas of work and research the Committee is undertaking on developments within the industry.

Please click on this link to see and share a full copy of the 2016 White Paper Brochure.

Research Criteria: Focusing on the Wholesale Insurance Perspective

There are a number or emerging issues and trends taking place in today’s market impacting the wholesale insurance industry:

Industry Concerns Impact on the Wholesaler
· Increasing Capacity
· Federal and State Regulation
· Standard Markets Infringing on E&S Market
· Entrance of Nontraditional Companies into Insurance Industry
· Increasing Consolidation (Retailer, Wholesaler, Carrier)
· Erosion of Wholesale Distribution Value Proposition

Emerging Risks and how wholesalers can best address them
· Autonomous Vehicles
· Increasing Cyber Exposures
· Global Climate Change
· Impact of Hydraulic Fracking on Insurance Exposures
· Growth of Peer to Peer Sharing Economy

Technology and the Wholesaler
· Big Data Enables Use of Predictive Analytics
· Widening Technology Gaps
· Internet of Things
· Preparation for the Seamless User Experience
· Increasing Challenges in Workforce Dynamics

Students mayselect a topic from one of the three above categories, and provide a White Paper supporting the trend, including reference to source documents. Links to source documents are acceptable to control the length of the paper. The Papers shall examine and include:

· Implications – what potential implications does this trend present to the wholesale insurance market?
· Opportunities – what opportunities does the trend provide to wholesale insurance professionals and the market?
· Threats – what are the potential threats or impacts of the trend to the wholesale insurance marketplace?
· Provide insights and take a ways from what you have researched

Papers should be 4-6 single spaced pages with 1 inch margins, using 12 point Arial or Times New Roman font. Past year’s winning papers can be viewed here: http://www.aamga.org/education/whitepapers.

Papers are to be submitted to Bernd G. Heinze, Esq., Executive Director of the AAMGA: bernie no later than 5:00pm on February 15, 2016. The papers will be reviewed and scored by a team of AAMGA members, with results being announced by March 15, 2016.

PLEASE RESPOND VIA EMAIL TO ADVISE WHETHER YOUR SCHOOL WILL BE PARTICIPATING!

RMI Professors Advisory Panel

You also may have heard that we have put together a RMI Professors Advisory Board. The group will meet by conference call quarterly so we can learn from you what you are hearing from the students, and to discuss what we are seeing in the insurance marketplace that can be translated into curriculums to make students better prepared. If you have not already responded indicating your interest and contact information, please do let me know so I can add you to the list. We very much look forward to your input and guidance as we look to help facilitate the pipeline of opportunities for students seeking to enter our profession.

Kind regards,

Bernie

PS: For those not already aware, the American Association of Managing General Agents represents over 500 wholesale insurance domestic and international MGA’s, brokers, program administrators and managers, aggregators, insurers, reinsurers, Lloyd’s underwriters and the London Market, as well as other international underwriters and companies. Gross written premium among the wholesale underwriters amounted to $32 billion in 2014. The AAMGA Education Foundation provides CE and leadership classes for members in the US, Canada and the UK, and works with University and College RMI programs, and Gamma Iota Sigma chapters. You can read more about the organization on ourwebsite.

Thanks for the courtesy of your time. We look forward to working with you.

Bernd G. Heinze, Esq. | Executive Director AAMGA | 610 Freedom Business Center | Suite 110 | King of Prussia, PA 19406

( Tel: 610.992.0022 (main)
( Tel: 610.992.0001 (direct)
( Tel: 215.990.9990 (mobile)
( Fax: 610.992.0021
* Email: bernie
www.aamga.org

AAMGA Upcoming Events

  • 2016 Automation Conference: March 5-7, 2016 in Dallas, TX
  • AAMGA University East: March 15-15, 2016 in Charlotte, NC
  • 90th Annual Meeting: "Expanding Globally | Responding Locally:" May 22-25, 2016 at the JW Marriott Desert Ridge Resort, Scottsdale, AZ

Click here to get a free copy of the current issue of the AAMGA’s Wholesale Insurance News; recognized by the Insurance Marketing and Communications Association for journalistic excellence and outstanding achievement.