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Robert Vanderbeek
Inducted: 1992
Robert Vanderbeek had a long and distinguished career
of dedicated service to others at all levels of the credit union and cooperative
movement. Until his retirement in 1990, he was president of the League Insurance
Companies for 30 years, and since 1983 was also senior vice president of the CUNA
Mutual Insurance Group. Under his stewardship, the League Insurance Companies
grew from four employees to more than 400, assets from $1 million to $100 million
and annual premium income from $1 million to more than $64 million. He is recognized
nationally as an innovator in the direct marketing of low cost life insurance.
He is also recognized for his pioneering efforts in the development of comprehensive
no-fault automobile insurance in Michigan, now considered to be the best model
for the nation.
Vanderbeeks interest, commitment and leadership
in cooperative insurance development has extended to developing countries as well.
He was a member of the Insurance Development Bureau of the International Cooperative
Insurance Federation from 1965 to 1986, and chairman from 1980-1984. He was a
leader in many insurance and cooperative organizations, including the Michigan
Actuarial Society, Traffic Safety Association and the Livernois-Seven Mile Cooperative.
In addition, he was a director of the National Cooperative Business Association
for 27 years. Vanderbeeks vision and leadership set standards in the cooperative
movement, and his positive impact on many organizations and individuals has been
truly significant.
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