International Insurance Society Inc

“The american institute for chartered property casualty underwriters ("the institutes") and the international insurance society ("iis") entered into an affiliation agreement (the "agreement"), effective march 15, 2018, and a shared resources agreement ("sra"), in order to serve as a powerful, united voice to significantly influence insurance education, and work together to promote the study and teaching of risk management and insurance by providing insurance education and tools for higher education institutions, professors, students, and insurance education for public policy makers amoung other activities. The institutes, as of the effective date of the agreement, has the sole authority and right to (i) elect iis' board of trustees; (ii) amend iis' articles of incorporation; (iii) merge or dissolve iis, and; (iv) amend iis' bylaws.”

“The form 990 is prepared by an independent accounting firm and reviewed by the board of directors prior to filing.”

“The conflict of interest policy is distributed to all officers, directors, and key employees ("covered officials) on an annual basis. Each covered official must complete an annual conflict of interest statement of disclosure. If a conflict is identified, it is evaluated and may be approved if it is determined to be just, fair, and reasonable to the organization. If it is determined that the conflict is not just, fair, and reasonable to the organization, appropriate action is taken to eliminate the conflict, which can include asking the individual to end a conflicting business arrangement, return remuneration to the organization, or otherwise discontinue the arrangement causing the conflict.”

“This organization is an affiliate of the american institute for chartered property casualty underwriters ("the institutes"). Compensation arrangements involving any of the organization's officers and/or key employees are established by the institutes pursuant to a process that satisfies the rebuttable presumption procedure available for irc section 4958 excess benefit transaction tax purposes, which requires a review of compensation determinations by disinterested persons, use of appropriate comparability data, and contemporaneous documentation of the process.”

“These documents are available upon request.”