www.aamga.org/node/1016/text/javascript -
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Published on: 3/18/2008
Last Visited: 6/18/2008
Bernie Heinze, executive director of the King of Prussia, Pa.-based American Association of Managing General Agents, said Scottsdale's unspecified "leadership gift"â€"the biggest gift pledged to dateâ€"means that AAMGA University's endowment of an E&S chair at Georgia State is now 80 percent funded.Mr. Heinze declined to reveal the exact dollar figure of Scottsdale's funding commitment at the request of the insurer.
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Mr. Heinze said the chair will have a professor assigned exclusively to E&S who will work "to understand opportunities within the E&S and admitted [specialty marketplace], to do research, provide whitepapers, provide classroom education and give young people an opportunity to see what our marketplace is all about."Beyond the endowment of the GSU chair, AAMGA is also making a renewed commitment to an internship program this year, Mr. Heinze said.Going forward, the existing AAMGA internship program, which was previously limited to the sons and daughters of AAMGA members, will be opened up to other college students, and to high school students also.In addition, the revamped program will have a flexible structure responding to the needs of students, he said, noting, for example, that a student might choose to intern for as many as 12 weeks with an AAMGA member company or for only as short a time as one week, if that is preferable to a particular student.