24:4 (2009:12) Committee Updates: FDC

December 18, 2009 at 3:50 pm | Posted in Financial Development | Leave a comment

[Ed. note:  The following is excerpted from the fall report to the Executive Board.]

Financial Development
Zac Rolnik, Chair

The FDC was asked to review the current insurance policies currently held by NASIG to determine if new policy providers will be needed.  Lisa Blackwell is heading this up and she and Peter Whiting are going to review the policies at the board meeting and come up with a strategy to proceed. Our Directors and Officers policy does not expire until October 2010 and the general organizational policy does not expire until 2011.  Furthermore, we are going to be asking them for quotes for combined policies from various providers once we have a good idea of what we would like to have included in the policies.  Therefore, we request that our recommendations not be expected until the winter board meeting and perhaps not until the 2010 conference depending on the complexity of the decisions and the number of companies that are viable options for contracts.   

The FDC submitted a new financial development plan to the NASIG Board that made specific suggestions for the annual conference, sponsorship for training grants, and advertising.  NASIG has decided to implement some of these recommendations effective with the 2010 NASIG Conference.  Further discussions are necessary with the newsletter committee regarding advertising.


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