Types of Membership

From THE FORUM ByLaws »

ACTIVE MEMBERSHIP

Any individual may be considered for active membership if he or she has fulfilled all of the following prerequisites:

Is less than fifty years of age

Has not less than five years in an ocean marine related field

Shall presently be employed in the greater New York City area in the underwriting or claims department of an insurance company, reinsurance company or syndicate writing ocean marine insurance, or with an association or other company involved in the field of ocean marine insurance.

Candidates for Active Membership must be proposed and seconded by two Active Members in good standing over their own signatures. The Membership Committee shall receive such proposals and refer them to the Board of Directors with a written recommendation. The candidate may be elected only by a majority of the Board of Directors at any meeting of the Board of Directors or by a majority of the voting members at any annual or special meeting of the members.

An Active Member in good standing is one who has complied with and meets all the qualifications of Active Membership, and had been duly elected to THE FORUM and has paid all the dues of the current year.

Active Membership in THE FORUM shall automatically terminate on December thirty-first following the member’s Fiftieth birthday, and as provided below such member shall automatically become an an Associate Member.

ASSOCIATE MEMBER.

Any individual who has attained the age of fifty and does not enjoy active membership in THE FORUM may be considered for Associate Membership provided all the employment qualifications pertaining to the Active Membership are fulfilled.

Candidates for Associate Membership shall be subject to election in the same manner as candidates for Active Membership.

Associate Members shall have all the privileges of Active members except that they may not vote, hold any office, be a Director, serve on any standing committee, participate in meetings called for the election of Officers and Directors or for the amendment of the Bylaws of THE FORUM nor may they have any voice in the operation of THE FORUM.

LIMITED MEMBERSHIP

Any individual may be considered for limited membership if he or she has fulfilled all of the following prerequisites:

Is under fifty years of age

Has not less than one year experience in the ocean marine insurance field in the greater New York area

Shall presently be employed as described in Section C.

Limited members shall automatically succeed at Active membership in THE FORUM at such time as they have fulfilled the requirements set forth in Section C of this Article (Active Membership).

Candidates for Limited Membership shall be subject to election in the same manner as candidates for Active Membership.

Limited members shall have all the privileges of Active members, except that they may not hold office, serve as Chairman on any committee, nor may they propose individuals for Membership in THE FORUM. However, they may serve as Director.

NON-RESIDENT MEMBERS

Any member in good standing shall become a Non-resident member upon relocation outside of the greater New York area, provided he or she makes such relocation known to the Secretary, advises the Secretary in writing of his or her new mailing address, and continues to fulfill all other employment qualifications for Active Membership.

Non-resident members shall have the same privileges as Associate members as described in Section C of ByLaws.

HONORARY MEMBERS  

Any member in good standing who shall retire from ocean marine underwriting or claims field upon a majority vote of the Board of Directors, shall be eligible for Honorary Membership. Additionally, the Board of Directors may from time to time elect as an Honorary member any individual in the interest of the objectives of THE FORUM. Such Honorary members shall have the same privileges as an Associate member.  

Honorary members shall have no obligation to render dues and shall be allowed to participate in THE FORUM functions as if they were a member in good standing.