LIC News & Updates
Highlights from the 100th Annual Meeting
Sally Bauer, Joanna Scarborough, and Cheryl Donaldson
The LIC celebrated our 100th Anniversary in grand style with a gala dinner at our Annual Meeting April 28–30, 2010. In a nod to the legacy of this remarkable organization, the 100th Annual Meeting was held in Atlanta — the same city as the very first Annual Meeting in 1910 — and brought back the black-tie affairs that the LIC was once famous for — or notorious — depending upon your perspective on tuxedos!
The meeting agenda more than lived up to the hype as a number of attendees commented that not only was this the best LIC Annual Meeting they had ever attended, but also the best meeting of any kind they had ever been to.
In keeping with the LIC’s mission of providing practical business solutions to companies serving the modest and middle income market, the program featured a number of outstanding speakers discussing a wide range of strategic issues facing senior managers of small face life companies. Our two keynote presenters — Jerry S. Wilson from Coca Cola, and Don Elias, past President of ImageRight — captivated the audience with compelling stories derived from their real life experiences as leaders in their respective industries. Jerry Wilson applied some of Coke’s brilliant branding strategies to the common challenges that all companies — and all individuals — face. Don Elias shared some of the creative approaches his company adopted in order to create a truly customer-centric culture throughout his organization.
Jim Collins, Hoyt Strickland,
Jeff Hasty, and Don Runge
Bob Kerzner, President and CEO of LIMRA International, summarized the current state of our industry as well as the motivations and goals that drive the middle income market in his presentation by astutely interpreting a wealth of LIMRA data. He also shared some of his personal experiences in designing effective compensation plans for employees as well as for agents.
Other topics included:
- A corporate strategic planning case study from one of our Canadian fraternal benefit members
- An update on electronic signatures law
- A summation of a survey of LIC member CEO’s on transitioning leadership within their organizations
- A panel of past chair’s of the LIC board sharing their perspective on the industry and the LIC
- A strategy for creating naturally effective organizations
- A breakdown of how a huge company like Met Life executes their huge corporate projects.
Gary Bowers, Paul Klimek,
and Paul Petry
Although next year’s 101st Annual Meeting most likely won’t include another gala dinner, you won’t want to miss what is sure to be another meeting that will provide even more practical business solutions to senior officers of small face life companies.