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By
David F. Woods, CLU, ChFC, LUTCF, NAIFA CEO
A house divided against itself
cannot stand.
Abraham
Lincoln
Nor can an industry. To be sure, ours is a pluralistic
industry, perhaps now more than ever before. The fact that we call it
by different namesinsurance industry, financial services industry,
financial security industryis symptomatic of the diversity. And
this diversity is reflective of the complex and evolving society in which
we all live and labor.
It is also reflected in the many industry organizations:
NAIFA, the Association for Advanced Life Underwriting (AALU), the Million
Dollar Round Table (MDRT), the Society of Financial Services Professionals
(SFSP), the American Council of Life Insurers (ACLI), etc. Each serves
a unique purpose. And when they work in harmony, the industry, our clients
and we all thrive and prosper.
It is in that spirit that we at NAIFA have begun an
aggressive campaign to strengthen our bonds with other industry organizations.
Here are some of the things we have done just in the last couple of months:
- Accelerated our outreach to AALU and ACLI to work
in concert on a number of issues, including President Bushs proposal
for lifetime savings accounts and retirement savings accounts that could
devastate our products and our industry and, despite its noble intent,
wreak havoc with the retirement savings and financial security needs
of the citizens of our nation.
- Had preliminary discussions with SFSP about producing
continuing education courses for local NAIFA associations.
- Continued to work with MDRT as it expands its commitment
to provide high-quality speakers to NAIFA local associations.
- Had preliminary and promising discussions with the
National Association of Independent Life Brokerage Agencies regarding
membership development and coordinated legislative activities.
- Engaged in discussions with the Independent Insurance
Agents and Brokers of America regarding legislative and other issues
of common interest.
- Worked closely with GAMA International to find ways
to improve its delivery of high-quality management development and training
programs to its membership.
- Held discussions with The American Colleges
Life Underwriter Training Council division regarding an increased focus
on delivering LUTC classes through local NAIFA associations.
- Had ongoing discussions with the Association of Health
Insurance Advisors to find ways to better serve the needs and interests
of health insurance professionals, including issues involving long-term
care, disability income and medical insurance.
- Strengthened our partnership with LIMRA International
to deliver top-flight sales and marketing support to our members.
Worked with the Association Executives Advisory Council to provide greater
support for state and local associations.
- And we continue to work closely with the LIFE Foundation
to create cost-saving synergies and deliver its many fine products and
programs to NAIFA members.
In a February address, National Security Advisor Condoleezza
Rice, an accomplished pianist, said that when she plays the piano for
a group sing-a-long or in church and everyone is singing in a different
key, she just plays in the basic key of C and everyone comes back
to it.
It is our hope at NAIFA that by singing in C,
that is, by focusing on what unites not divides us, we help bring us all
back to basics. And in so doing we bring about that more perfect harmony,
which will ensure that our houseour industrywill
not fall, but will emerge stronger and rise to new heights of service
to the American people. The future depends on it.
David Woods is CEO of NAIFA and president of the
LIFE Foundation. Previously a MassMutual agent for 30 years, he has been
an MDRT member since 1970. He was NAIFA president in 1986-87.
This Month
Cover
Story
Expert to
Expert
Lighter
Side of Life
Making
the Transition

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