Last week, the University of Louisiana Monroe Foundation announced the Jeff Albright Insurance Society to benefit the university's nationally recognized Risk Management and Insurance program in the College of Business and Social Sciences.
The giving society was named after Jeff Albright, CEO of the Independent Insurance Agents & Brokers of Louisiana (IIABL) soon after he announced his planned retirement after 40 years in the industry.
The mission of the Jeff Albright Insurance Society is to support the needs and advancement of the ULM RMI program, while providing the industry with the opportunity to support recruitment, development and job placement of a well-prepared, talented candidate pool that is focused on careers in insurance distribution.
Gifts to the Jeff Albright Insurance Society will help fund student scholarships, student development activities, internship support, research, industrial engagement events and workforce and job placement strategies.
“When the IIABL contacted me about a way to honor Jeff Albright, the idea of the Jeff Albright Society immediately came to mind," says Christine Berry, Ph.D., professor and program director of RMI. “We appreciate the IIABL for allowing ULM to be a part of honoring Jeff in this way. Over the years, Jeff has been an advisor and mentor to our faculty and students and a champion of insurance education across the state."
Albright started in the insurance industry at an independent agency and worked his way to becoming CEO of IIABL. In his nearly 30 years leading the association, he became a respected expert and advocate for the rights of policyholders and independent agents in the insurance industry and Louisiana Legislature.
Albright's work won numerous awards, including two National Legislative Awards from the Big “I," the IIABL Lou Daniel Award for lifetime achievement, and a place in the Insurance Business America Hall of Fame.