The Two Organizations to Unify Their Voices and Modernize Their Capabilities
The Information Institute and The Institutes, both national organizations focused on insurance will affiliate. The announcement, made on June 24, states that the Board of Directors of each institution officially agreed to the affiliation on June 24th, with terms of the agreement to be finalized in July.
“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,” said Peter Miller, CPCU, president and CEO of The Institutes, a global provider of risk management and insurance education and research. “Together, we will be better empowered to serve those interested in risk management and insurance.”
“This forward-looking decision is the culmination of several years of strategic dialogue both internally at the Triple-I and with The Institutes. 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,” said Sean Kevelighan, CEO, Triple-I, a trusted source of unique, data-driven insights on insurance.
According to the information provides by the organizations, the Triple I will assimilate into The Institutes structure, unifying the two “trusted data-driven organizations.” This continues The Institute’s overall strategy in “leveraging the synergies of like-minded organizations”.