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Fraternal and Communications Section Meeting

Fraternal and Communications Section Meeting April 2-3, 2014 Tucson, AZ. Opening Remarks by: Harald Borrmann, President and Chair of the Board, Catholic United Financial and

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Fraternal and Communications Section Meeting

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  1. Fraternal and Communications Section Meeting April 2-3, 2014 Tucson, AZ Opening Remarks by: Harald Borrmann, President and Chair of the Board, Catholic United Financial and and Vice Chair of the Board, American Fraternal Alliance

  2. The Future of Fraternalism In the immortal words of Alfred E. Neuman… “Mr. Fraternal”

  3. “Fraternal” -- What’s In A Word? • Turns out, plenty… • Webster: Of or relating to brothers, exhibiting comradeship, of or being a fraternity • Roget’sThesaurus: No mention • Wikipedia: Fraternal organization • an organized society of men associated together in an environment of companionship and brotherhood BUST!!

  4. “Fraternal” -- What’s In A Word? • No word seems to denote dignity, faith, good works and camaraderie better than “fraternal” • Unfortunately, that word is pretty close to “fraternity” • And the concept most closely associated with “fraternity” in America today? • Frankly, Otter and Bluto said it best…Mr. Blutarsky? • Sadly, TOGA seems like a weak business strategy…

  5. Fraternal Challenges • Membership reducing • “Lodge” concept – are you kiddin’ me? • Maturing of members • Challenging economic times • Unprecedented generational changes – more rapidly and compactly than ever before

  6. Fraternal Challenges • Regulatory activism and changes • Some fraternals’ dubious behaviors • Consumer protectionism • Governance model outmoded • Talent squeeze • What about the member? • Not the current ones, stupid, the new ones!!

  7. Fraternal – The George Carlin Lessons Putting off change is, in fact, a decision….and you better believe it! The seven words you can’t say on TV But we’ve always done it that way

  8. OMG!! This Is Hopeless • But wait – there is hope!! • Changing is why we’re here • Chapter of the Future • Gen X, Y and Z - 131 million and growing • Saturday at our Annual Meeting • Online Tracking • New Products & Services

  9. Fraternalism: An Alternative View • Many healthy societies • More aggregate assets and surplus than ever • Improving governance • Outward looking vs. inward looking • Some merging of weak societies • Experienced executives from within, and without, the fraternal system • We’re here because we care

  10. Fraternalism: An Alternative View • More and better tools at our disposal • We should be nimble • Respect our past but embrace our future! • How many fraternals does it take to truly change what we do? • Only one, but it has to want to change • TRICK QUESTION!! • All of us!

  11. Fraternalism: An Alternative View • We are not competitors as much as we are professionals interested in making our industry the best it can be • More and better tools to learn, understand and grow – go ahead, be a risk-taker! • Passionate leaders • Great trade organization – seriously!!

  12. The American Fraternal Alliance • Professional Staff dedicated to our craft • Exists to help all of us • Resource-oriented, results-driven • Member controlled • Strong governance • Wait a minute – that sounds a lot like us!

  13. Fraternal Challenges Crisis or Crossroads? You Decide!

  14. Thank You – Enjoy the Meeting

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