Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor
A stethoscope on money

Life Health > Running Your Business

National Association of Health Underwriters Adopts New Name

X
Your article was successfully shared with the contacts you provided.

The National Association of Health Underwriters has changed its name to the National Association of Benefits and Insurance Professionals, or NABIP.

The group has changed the name of its political action committee to the National Association of Benefits and Insurance Professionals PAC, from the Health Underwriters Political Action Committee.

The Washington-based group was founded in 1930 and now represents about 100,000 agents, brokers, distributors, consultants and other professionals who work with products such as health insurance and employees.

The group has about 200 chapters.

Kelly Fristoe, NABIP’s president, said the group changed its name partly because many members now sell products other than traditional health insurance.

“The rebrand of the name and tagline is both inclusive and a far more accurate reflection of who NABIP is today,” Fristoe said.

The most recent NABIP tax filing in the Internal Revenue Service public Form 990 filing database is from 2018.

The group reported $6.7 million in revenue that year and ended the year with $2.2 million in assets and 28 employees.

The group’s PAC made about $1.1 million in political contributions during the 2021-2022 congressional fundraising cycle that ran from 2021 to 2022.

(Image: Adobe Stock)


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.