The CPCU Society Board of Directors has voted to pursue a formal affiliation with The Institutes, strengthening the relationship between the two organizations that has existed since the CPCU Society was formed in 1944. The proposed affiliation effective date is January 1, 2012, at which time the Society would join with The Institutes to offer seamless professional development to insurance practitioners throughout their career.

The affiliation would provide numerous benefits to members, including:

• An increased value proposition from The Institutes and the Society and its network of local chapters.
• Potential reduction of cost to members and employers through shared resources.
• Seamless career-long professional development.

“We believe this integration with The Institutes positions the Society to enhance its brand and more clearly demonstrate our value to both members and their employers,” said Warren L. Farrar, president and chairman of the board. “By doing so, we can sustain the important role of the society to the insurance industry far into the future.”

“This affiliation will allow us to meet customer needs using all The Institutes’ and the Society’s products and services,” said Peter L. Miller, CPCU, president and CEO of The Institutes. “We will be providing broader customer choice through a full spectrum of knowledge acquisition methods, including print, online and blended learning. The goal is to provide customers with enhanced networking and knowledge that leads to powerful results for employers and enhanced career opportunities for Society members.”