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AARP's Hansen Joins IMSA Board of Directors.


BETHESDA, Md. -- The Insurance Marketplace Standards Association (IMSA IMSA Illinois Mathematics and Science Academy
IMSA International Motor Sports Association
IMSA Insurance Marketplace Standards Association
IMSA International Municipal Signal Association
IMSA Illinois Mini Storage Association
IMSA Institute of Marine Safety Auditors
) is pleased to announce that AARP AARP, a nonprofit, nonpartisan national organization dedicated to "enriching the experience of aging"; membership is open to people age 50 or older. Founded in 1958 by Ethel Percy Andrus as American Association of Retired Persons, AARP now has over 30 million  Group Executive Officer Christopher Hansen has joined the organization's Board of Directors.

"We are pleased to have Chris join IMSA's Board," said Timothy F. Kneeland, President of Life Investors Insurance Company of America, a member of the AEGON Group and IMSA Chairman. "He brings an important perspective to IMSA's work as the premier standards-setting organization for the life insurance marketplace.

"AARP is an important voice on issues affecting consumers and the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 marketplace. We welcome his participation in IMSA's important work to promote a healthy competitive marketplace where consumers can make sound and appropriate decisions about their financial and insurance well being," Kneeland added.

"I am proud to serve on the Board of Directors of this important organization," Hansen said. "IMSA plays a critical role in developing and deploying standards. IMSA's work helps protect the interest of the nations' consumers."

Welcoming Hansen, IMSA President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Brian Atchinson said, "The distinguished leaders representing many interests that serve on IMSA's Board of Directors provide valuable guidance and direction to IMSA. Thanks to the diversity of our Board, IMSA can better serve the marketplace - including consumers, companies and those selling the products - by ensuring that standards of conduct are high for the way that insurance products are marketed and sold to consumers."

Atchinson provided the following background on Hansen:

Christopher Hansen is AARP's Group Executive Officer for State and National Initiatives. His responsibilities include government relations, advocacy, management of AARP offices in every state, public outreach on key programs, and volunteer management and support. He assumed that position in mid-January 2003, after serving as the organization's Senior Managing Director of Government Relations and Advocacy since March 2002. Before coming to AARP, Mr. Hansen worked for 16 years for The Boeing Company as Senior Vice President, Government Relations. Prior to his work with Boeing, Hansen spent 11 years with General Dynamics General Dynamics Corporation (NYSE: GD) is a defense conglomerate formed by mergers and divestitures, and as of 2006 it is the sixth largest defense contractor in the world[1]. The company has changed markedly in the post-Cold War era of defense consolidation. , where he was Director of Government Relations Operations.

IMSA is a nonprofit A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive.

Nonprofits are also called not-for-profit corporations. Nonprofit corporations are created according to state law.
, independent association and the premier standards-setting organization for the life insurance marketplace. Companies that qualify for IMSA membership commit to maintaining high ethical standards and to being fair, honest, and open in the way they advertise, sell and service life insurance, annuity annuity: see insurance.
annuity

Payment made at a fixed interval. A common example is the payment received by retirees from their pension plan. There are two main classes of annuities: annuities certain and contingent annuities.
 products, and long-term care long-term care (LTC),
n the provision of medical, social, and personal care services on a recurring or continuing basis to persons with chronic physical or mental disorders.
 insurance in the individual market. For more information about IMSA and a list of IMSA-qualified companies, visit www.IMSAethics.org.
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 7, 2007
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