NAT POPE
PhD, ChFC, CPCU, ARM
(309) 662-8374
3404 Stephanie Rd. npope@ilstu.edu
Bloomington, IL 61704 http://www.cob.ilstu.edu/npope
EDUCATION
ACADEMIC CREDENTIALS
PhD Doctorate, 1999
Major: Risk Management and Insurance
Diversified Minor: Finance, Economics, and Statistics
University of Wisconsin – Madison, Madison, WI
MS Master of Science, 1997
Major: Risk Management and Insurance
University of Wisconsin – Madison, Madison, WI
MBA Master of Business Administration, 1988
Major: International Management
Thunderbird School of Global Management, Glendale, AZ
BS Bachelor of Science, 1979
Major: Secondary Education
University of Wisconsin – River Falls, River Falls, WI
PROFESSIONAL DESIGNATIONS
ChFC Chartered Financial Consultant, 2004
The American College, Bryn Mawr, PA
CPCU Chartered Property Casualty Underwriter, 2004
Insurance Institute of America, Malvern, PA
ARM Associate in Risk Management, 1991
Insurance Institute of America, Malvern, PA
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WORK EXPERIENCE
ACADEMIC
2006-present
Associate Professor
Illinois State University, Normal, IL
2001-2006
Visiting Assistant/Affiliate Professor
Bradley University, Peoria, IL
2002-2003
Instructional Assistant Professor
Illinois State University, Normal, IL
1999-2001
Assistant Professor
The University of New South Wales, Sydney, Australia
1995-1999
Lecturer
University of Wisconsin – Madison, Madison, WI
1985-1987
Instructor
The English Center
Hamamatsu, Shizuoka-Ken, Japan
1979-1985
Instructor
Sheboygan Falls High School, Sheboygan Falls, WI
INDUSTRY
1993-1994
Commercial Lines Underwriter
Chubb & Son Co., Boston, MA
1991-1993
Sales Training Development Manager
Aon Corporation, Tokyo, Japan
1990-1991
Insurance Broker
Corroon & Black, Chicago, IL
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RESEARCH
REFEREED PUBLICATIONS
Huang, Li-Ying, Yu-Luen Ma, and Nat Pope, 2011, “Foreign Ownership and Non-Life
Insurer Efficiency in the Japanese Marketplace,” Risk Management and Insurance Review,
forthcoming.
Ma, Yu-Luen, Nat Pope, and Xiaoying Xie, 2009, “Insurer Performance and Contingent
Commissions: What‟s the Relationship?” Journal of Financial and Economic Practice, 9 (2):
45-57.
Pope, Nat, 2009, “The Economics of Human Life Value Estimates: The Income Distribution
Project,” Journal of Financial Service Professionals, 63 (5): 53-56.
Ma, Yu-Luen and Nat Pope, 2008, “Foreign Share, Insurance Density and Penetration: An
Analysis of the International Life Insurance Market,” Risk Management and Insurance
Review, 11 (2): 327-347.
Nat Pope and Ma, Yu-Luen, 2008, “The Market Structure - Performance Relationship in the
International Insurance Sector,” Journal of Risk and Insurance, 75 (4): 947-966.
Elango, B., Yu-Luen Ma and Nat Pope, 2008, “An Investigation into the Diversification-
Performance Relationship among Property-Liability Insurers,” Journal of Risk and Insurance,
75 (3): 567-591.
Pope, Nat, 2006, “The Value of a Life in the 21st Century, “Journal of Financial Service
Professionals, 60 (3): 43-49.
Pope, Nat and Yu-Luen Ma, 2005, “Applicability of the Permanent Income Hypothesis to Life
Insurance Consumption Habits, “Journal of Financial and Economic Practice, 5 (2): 1-9.
Pope, Nat and Yu-Luen Ma, 2005, “Market Deregulation and Insurer Pricing Strategies: The
Japanese Experience, “Geneva Papers on Risk and Insurance: Issues and Practice, 30 (2):
312-326.
Pope, Nat and Yu-Luen Ma, 2004, “Grade-Risk: An Insurable Event in the Classroom,” Risk
Management and Insurance Review, 7 (2): 189-195.
Pope, Nat, 2004, “Deregulation in the Japanese Insurance Marketplace: Sizzle or Fizzle?”
Journal of Insurance Regulation, 22 (3): 19-38.
Pope, Nat, 2003, “Life Insurance Demand in Japan – Not What You Think, “Journal of Risk
Management and Insurance, 8: 42-50.
Ma, Yu-Luen and Nat Pope, 2003, “Determinants of International Insurers‟ Participation in
Foreign Non-Life Market,” Journal of Risk and Insurance, 70 (2): 235-248.
Pope, Nat, 2002, “Japanese Consumers‟ Demand for Cash Value Life Insurance: A Case of
Mistaken Identity, “Journal of Insurance Issues, 25 (1): 85-91.
REFEREED PROCEEDINGS
“The Cost of Insurer Reputation-Protection in the Post-Spitzer Investigation Era: The Impact
of Contingent Commission Abandonment,” World Risk and Insurance Economics Congress
(WRIEC), 2010, Yu-Luen Ma, Nat Pope, and Xiaoying Xie.
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“Insurer Performance in the Asian Marketplace: The Impact of Market Structure and Foreign
Participation on Market Competiveness,” World Risk and Insurance Economics Congress
(WRIEC), 2010, Yu-Luen Ma, Nat Pope, and Raymond Yeung.
“Contingent Commission and Insurer Efficiency in the Property-Casualty Insurance
Marketplace,” Asia-Pacific Risk and Insurance Association (APRIA), 2009, Ma, Yu-Luen,
Nat Pope, and Xiaoying Xie.
“Corporate Governance and Nonlife Insurance Efficiency in the Japanese Marketplace,” Asia-
Pacific Risk and Insurance Association (APRIA), 2007, with Li-Ying Huang, Gene Lai and
Yu-Luen Ma.
“The Market Structure-Performance Relationship in the International Insurance Sector,” Asia-
Pacific Risk and Insurance Association (APRIA), 2006, with Yu-Luen Ma.
“Determinants of International Insurers‟ Participation in Foreign Non-Life Markets,” Asia-
Pacific Risk and Insurance Association (APRIA), 2002, with Yu-Luen Ma, (Best Paper
Award).
“Rate-Deregulation in the Japanese Auto Insurance Market: Impact on Underwriting
Efficiency,” Asia-Pacific Risk and Insurance Association (APRIA), 2002.
“The Japanese Consumers‟ use of Life Insurance as a Savings Vehicle: A Case of Mistaken
Identity?” Asia-Pacific Risk and Insurance Association (APRIA), 2000.
NON-REFEREED PUBLICATIONS
Pope, Nat, 2005, “The Changing Face of the Japanese Non-Life Insurance Market,
“International Insurance Section Quarterly, CPCU Society, 19 (4): 6-7.
Pope, Nat, 2005, “Unexpected Outcomes in the Japanese Insurance Marketplace, “Asia
Insurance Review, Dec: 64-65.
Pope, Nat, 2000, “The Australian Insurance Marketplace,” International Insurance Section
Quarterly, CPCU Society, 14 (1).
RESEARCH IN PROGRESS AND SUBMISSIONS UNDER REVIEW
“Contingent Commission, Insurance Intermediaries and Insurer Performance,” with Xiaoying
Xie and Yu-Luen Ma, (currently under review at the Risk Management and Insurance
Review).
“The Cost of Insurer Reputation-Protection in the Post-Spitzer Investigation Era: The Impact
of Contingent Commission Abandonment,” with Yu-Luen Ma and Xiaoying Xie.
“Decision-Making under Uncertainty: The Special Case of Extended Warranties,” with Peter
Kaufman, Frederick Langrehr, and Chiharu Ishida-Lambert.
“Extended Warranties as Insurance: The Consumer Perspective,” with Peter Kaufman,
Frederick Langrehr, and Chiharu Ishida-Lambert.
“What the Insurance Industry Wants in a New Hire,” with Dan Goebel.
“Creating Relevance in the Insurance Classroom: Motivating the „Gen Y‟ Undergrad”
CONFERENCE PRESENTATIONS
“Propositions on why Consumers Purchase Extended Warranties,” 2011, American Marketing
Association (AMA) Winter Conference, Peter Kaufman, Chiharu Ishida, Nat Pope, and
Frederick Langrehr.
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“Creating Relevance in the Millennium Child's Classroom: The Marketplace Competition,”
2010, ISU Teaching and Learning Symposium.
“Contingent Commission and Insurer Efficiency in the Property-Casualty Insurance
Marketplace,” Asia-Pacific Risk and Insurance Association (APRIA), 2009, Yu-Luen Ma, Nat
Pope, and Xiaoying Xie.
“Contingent Commission, Insurance Intermediaries and Insurer Performance,” American Risk
and Insurance Association (ARIA), 2008, presented with Xiaoying Xie and Yu-Luen Ma.
“The Redbird Risk Management Challenge,” 2008 Society of Insurance Trainers and
Educators (SITE) Annual Conference, presented with Jim Jones, Katie School of Insurance
and Financial Services.
“The Redbird Risk Management Challenge,” 2008 ISU Teaching and Learning Symposium,
presented with Jim Jones, Katie School of Insurance and Financial Services.
“Corporate Governance and Nonlife Insurance Efficiency in the Japanese Marketplace,” Asia-
Pacific Risk and Insurance Association (APRIA), 2007, presented with Li-Ying Huang, Gene
Lai and Yu-Luen Ma.
“The Market Structure-Performance Relationship in the International Insurance Sector,” Asia-
Pacific Risk and Insurance Association (APRIA), 2006, presented with Yu-Luen Ma.
“The Market Competition – Profitability Relationship in the International Insurance Markets,”
Southern Risk and Insurance Association (SRIA), 2005, presented with Yu-Luen Ma.
“The Nature of Regulation: The Japanese Auto Insurance Market,” American Risk and
Insurance Association (ARIA), 2004, presented with Yu-Luen Ma.
“Keiretsu Affiliation and Non-Life Insurer Performance in the Japanese Market,” American
Risk and Insurance Association (ARIA), 2004.
“The Impact of Global Deregulation and Liberalization on Insurer Profitability,” Western
Risk and Insurance Association (WRIA), 2004, presented with Yu-Luen Ma.
“Competition and Market Efficiencies in the International Insurance Market,” Southern Risk
and Insurance Association (SRIA), 2003, presented with Yu-Luen Ma.
“Impact of Deregulation on Rate Behavior in the Japanese Insurance Marketplace,” American
Risk and Insurance Association (ARIA), 2003.
“Determinants of International Insurers‟ Participation in Foreign Non-Life Markets,” Asia-
Pacific Risk and Insurance Association (APRIA), 2002, presented with Yu-Luen Ma, (Best
Paper Award).
“Rate-Deregulation in the Japanese Auto Insurance Market: Impact on Underwriting
Efficiency,” Asia-Pacific Risk and Insurance Association (APRIA), 2002. “Rate-Deregulation
in the Japanese Auto Insurance Market: Impact on Underwriting Efficiency,” American Risk
and Insurance Association (ARIA), 2002.
“Price Competition in the Japanese Auto Insurance Market: Has Tariff Liberalization been
effective?” Western Insurance and Risk Association (WRIA), 2002.
“Applicability of the Permanent Income Hypothesis to Life Insurance Consumption Habits:
The Japanese Experience,” Western Insurance and Risk Association (WRIA), 2001.
“Deregulation in the Japanese Non-Life Insurance Market: Impact on Underwriting
Efficiency,” American Risk and Insurance Association (ARIA), 2001.
“Determinants of International Insurers‟ Participation in Foreign Non-Life Markets,”
American Risk and Insurance Association (ARIA), 2001.
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“The Japanese Consumers‟ use of Life Insurance as a Savings Vehicle: A Case of Mistaken
Identity?” Asia-Pacific Risk and Insurance Association (APRIA), 2000.
“The Income - Life Insurance Relationship: The Japanese Marketplace,” Western Insurance
and Risk Association (WRIA), 2000.
“The Demand for Life Insurance in the Japanese Marketplace,” American Risk and Insurance
Association (ARIA), 1998.
INVITED CONFERENCE PRESENTATIONS
“The Risk Management Challenge,” American Risk and Insurance Association (ARIA), 2007,
presented with Jim Jones.
“Enterprise Risk Management in the University Setting,” University Risk Management and
Insurance Association (URMIA), 2007.
“The Earthquake Risk in the Japanese Marketplace,” Sompo Japan Research Institute Annual
Research Seminar, Tokyo, Japan, 2006.
“The Nuts and Bolts of Statistics,” Statistics Workshop Series, Society of Insurance Research
(SIR), 2004.
“Grade-Insurance: Capitalizing on Experiential Learning Opportunities,” American Risk and
Insurance Association (ARIA), 2003, presented with Yu-Luen Ma.
PROFESSIONAL SEMINARS AND CONSULTING WORK
Program developer and instructor, Redbird Risk Management Challenge, Katie School of
Insurance and Financial Services, Illinois State University, 2005-09
Commissioned research, “Insurance Study of Sinkholes,” Florida State University, 2005
Expert witness research support, Bridgestone North America v Sompo Insurance, 2005
Seminar lecturer, Professional Development Series, Risk and Insurance Management Society
(RIMS), 2004
Seminar lecturer, Insurance Education Institute, Katie School of Insurance and Financial
Services, Illinois State University, 2003
Commissioned research, “The Australian Reinsurance Marketplace,” Insurance Council of
Australia, 2000
RESEARCH GRANTS AND AWARDS
GRANTS
“What the Insurance Industry Wants in a New Hire,” Katie School Faculty Research Grant,
2010.
“Decision-Making under Uncertainty: The Special Case of Extended Warranties,” Katie
School Faculty Development Grant, 2009.
“What the Insurance Industry Wants in a New Hire,” Katie School Faculty Development
Grant, 2009.
“The Marketplace: An Insurer Management Simulation Program,” Teaching-Learning
Development Grant, CTLT, Illinois State University, 2008.
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“The Cost of Insurer Reputation-Protection in the Post-Spitzer Investigation Era: The Impact
of Contingent Commission Abandonment,” Katie School Faculty Development Grant, 2008.
“Foreign Shareholding and Efficiency in the Japanese Non-Life Insurance Market,”
University Research Grant, Illinois State University, 2007.
“Contingent Commissions, Insurance Intermediaries and Insurer Efficiency,” Katie School
Research Grant, 2007.
“Grade Insurance: Capitalizing on Classroom Learning Opportunities,” Katie School Faculty
Development Grant, 2002.
“What Determines International Insurers‟ Foreign Market Entry?” Faculty of Commerce and
Economics Research Grant, University of New South Wales, Sydney, Australia, 2001.
AWARDS
2010, Outstanding Service Award, FIL Department, Illinois State University.
2009 Educating Illinois in Action, Illinois State University.
2008 Outstanding Researcher Award, FIL Department, Illinois State University.
2007 Strickler Innovation in Insurance Classroom Instruction Award, American Risk and
Insurance Association (ARIA).
2003 Strickler Innovation in Insurance Classroom Instruction Award, American Risk and
Insurance Association (ARIA).
2002 Best Paper Award, Asia-Pacific Risk and Insurance Association (APRIA) Annual
Conference.
PROFESSIONAL MEMBERSHIPS
American Risk and Insurance Association (ARIA)
Western Insurance and Risk Association (WRIA)
Southern Risk and Insurance Association (SRIA)
Asia Pacific Risk and Insurance Association (APRIA)
Society of Insurance Trainers and Educators (SITE)
SERVICE
UNIVERSITY
2011 Constituent Satisfaction and Outreach Team: COB (Chair)
Coordinating Team: COB (Chair)
Curriculum Team: FIL Department (Member)
Redbird Risk Management Challenge: Katie School (Instructor)
Asia Pacific Risk and Insurance Association, Membership Committee (Co-Chair)
2010 University Scholar Support Program: University (Mentor)
Constituent Satisfaction and Outreach Team: COB (Chair)
Coordinating Team: COB (Member)
Curriculum Team: FIL Department (Member)
Redbird Risk Management Challenge: Katie School (Instructor)
2009 Constituent Satisfaction and Outreach Team: COB (Chair)
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Coordinating Team: COB (Member)
Curriculum Team: FIL Department (Member)
Redbird Risk Management Challenge: Katie School (Instructor)
2008 Constituent Satisfaction and Outreach Team: COB (Member)
Curriculum Team: FIL Department (Member)
Redbird Risk Management Challenge: Katie School (Instructor)
2007 Curriculum Team: FIL Department (Member)
Redbird Risk Management Challenge: Katie School (Instructor)
2006 Redbird Risk Management Challenge: Katie School (Developer and instructor)
2003 Undergraduate Curriculum Committee: FQM Dept., Bradley University (Member)
2001 Risk & Insurance Program Development, University of New South Wales (Chair)
Graduate Students Cultural Events, University of New South Wales (Co-chair)
Department Editorial Committee, University of New South Wales (Co-chair)
Department Public Relations, University of New South Wales (Coordinator)
Quality in Education Committee, University of New South Wales (Member)
PROFESSIONAL
2011 Asia-Pacific Risk and Insurance Association (Membership Committee Co-Chair)
Society of Insurance Trainers and Educators (Scholarship Committee Chair)
Griffith Insurance Education Foundation (Advisory Board)
American Risk and Insurance Association (Placement Committee Chair)
Journal of Financial and Economic Practice (Editorial Review Board)
Journal of Risk and Insurance (Reviewer)
Journal of Insurance Regulation (Reviewer)
The Geneva Papers on Risk and Insurance - Issues and Practice (Reviewer)
2010 Asia-Pacific Risk and Insurance Association (Board of Governors)
Asia-Pacific Risk and Insurance Association (Membership Committee)
American Risk and Insurance Association (Placement Committee Chair)
American Risk and Insurance Association (Teaching Award Committee)
Society of Insurance Trainers and Educators (Scholarship Committee Chair)
Society of Insurance Trainers and Educators (University Membership Committee)
Griffith Insurance Education Foundation (Advisory Board)
Journal of Financial and Economic Practice (Editorial Review Board)
Journal of Risk and Insurance (Reviewer)
Journal of Insurance Regulation (Reviewer)
The Geneva Papers on Risk and Insurance - Issues and Practice (Reviewer)
2009 Asia-Pacific Risk and Insurance Association (Board of Governors)
Asia-Pacific Risk and Insurance Association (Membership Committee)
American Risk and Insurance Association (Placement Committee Chair)
American Risk and Insurance Association (Teaching Award Committee)
Society of Insurance Trainers and Educators (University Membership Committee)
Griffith Insurance Education Foundation (Advisory Board)
Asia-Pacific Journal of Risk and Insurance (Reviewer)
Journal of Economics and Business (Reviewer)
Journal of Financial and Economic Practice (Reviewer)
The Geneva Papers on Risk and Insurance - Issues and Practice (Reviewer)
Journal of Risk and Insurance (Reviewer)
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2008 Asia-Pacific Risk and Insurance Association (Board of Governors)
Asia-Pacific Risk and Insurance Association (Membership Committee)
American Risk and Insurance Association (Placement Committee Chair)
American Risk and Insurance Association (Teaching Award Committee Chair)
Asia-Pacific Journal of Risk and Insurance (Reviewer)
Journal of Economics and Business (Reviewer)
2007 Journal of Risk and Insurance (Reviewer)
2006 American Risk and Insurance Association (Teaching Award Committee)
Journal of Economics and Business (Reviewer)
2005 American Risk and Insurance Association (Student Award Committee)
Journal of Risk Education (Reviewer)
2004 American Risk and Insurance Association (Teaching Award Committee Chair)
Journal of Financial and Economic Practice (Reviewer)
2003 Risk Management and Insurance Review (Reviewer)
Journal of Insurance Regulation (Reviewer)
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