The Insurance Information Institute (I.I.I.) is one of the best sources — if not THE best source — of insurance information in the country. Supported by 60 insurance companies, the I.I.I. explains insurance to consumers and is a very helpful source of information and data for agents and insurers.
The I.I.I. has announced plans to merge into The Institutes and its board has agreed to the plan. The Institutes offers educational courses and professional resources for the insurance and risk management sectors.
I.I.I. CEO Sean Kevelighan says the affiliation is a good idea for both entities.
“This forward-looking decision is the culmination of several years of strategic dialogue both internally at the Triple-I and with The Institutes,” Kevelighan said. “Taking this next step will further unify our collective efforts when it is needed most, grant both the Triple-I and The Institutes greater access to a deeper bench of resources and expertise, and improve value for Triple-I’s member companies across the country.”
Peter Miller heads up The Institutes. He agrees that this is a good decision for both.
“With 60 years of quality work serving as the trusted voice of objective insurance information, the Insurance Information Institute’s brand is invaluable to us. Combining their assets with ours will allow both organizations to turn the page on the next chapter of their operations and sets both of us up for continued long-term success,” he said and added, “Together, we will be better empowered to serve those interested in risk management and insurance.”
Details of the merger will be given out sometime in July.
Source link: Insurance Information Institute