Barry Franklin headshot
president’smessage By Barry Franklin

More Than Just a Logo

I

n my previous Actuarial Review message, I highlighted a few of the CAS priorities for the 2025–26 operating year and a few of the projects I am particularly focused on as president. In this issue’s message, I am going to delve deeper into one of those projects — the refresh of the CAS brand. Before we get into the specifics of the project itself, though, it is worth taking just a minute to consider what a “brand” actually represents and why it matters.

What is a “brand?”

While it is natural to associate an organization’s brand with a logo, a color palette, or even one or more clever “taglines,” those artifacts are just expressions of the brand and not the brand itself. So, what is a brand then? In simplest terms, an organization’s brand is the meaning people attach to the organization itself. In actuarial terms, think of it as Brand = f (Reputation, Expectations, Experience).

In other words, an organization’s brand is a function of what people believe it stands for, how they expect the organization (and its members) to behave, and how they feel when they interact with the organization and its members. So, while logos, color palettes, and taglines can all be useful in expressing and communicating a brand image, the brand exists separately from those items and has a life of its own. The CAS brand refresh project, therefore, is not so much about trying to change our brand as it is to better understand, represent, and communicate it.

Still, whenever “branding” or “brand refresh” comes up within an organization, people often have questions like:

  • Is our logo going to change?
  • Are we switching to new colors?
  • What will this cost us?
  • Why is this happening now?

Some may even think of past rebranding missteps with Cracker Barrel, Jaguar, and Bud Light and worry that changing branding strategy could create similar issues.

These reactions are perfectly natural, particularly in a professional organization like the Casualty Actuarial Society — whether you refer to it by its full name, “The C-A-S,” or CAS (pronounced “kaz”). Actuaries tend to be seen as risk-averse, highly analytical, traditional, and serious, so the idea of refreshing our brand might seem out of character. Nevertheless, after conducting market research, the CAS Board endorsed moving forward with a brand refresh, which is now well underway.

Branding reaches far beyond just logos or color schemes — it encapsulates how a professional society communicates its mission, values, and credibility. A strong, unified brand enables members, partners, and the broader community to easily understand what the Society stands for and why it makes a difference. It establishes trust, underscores professionalism, and nurtures a sense of belonging among members. In a busy environment where many groups compete for attention, effective branding helps a professional society distinguish itself with confidence, clarity, and a compelling identity that draws in others and inspires pride.

Why now?

The CAS last completed a comprehensive brand refresh in 2013 as part of our centennial celebration. Since then, the actuarial, risk, and data landscape has changed dramatically — becoming more global, more competitive, and more visible across industries. Today’s potential CAS candidates encounter multiple actuarial and other professional credentials, degree programs, and alternative pathways to a career in the broader risk and analytics arena. Employers and other stakeholders operate in fast-moving, interdisciplinary environments shaped by new technologies and vast, rapidly expanding data.

CAS market research confirms that we are the gold standard for P&C credentialing, respected for high standards and prestige among those who know us well. At the same time, research shows an awareness and understanding gap among those less familiar with the CAS and its mission. Our strength is well established; our opportunity is to ensure that strength is clearly recognized and understood in a crowded and often noisy marketplace.

Is it worth the cost and effort?

A comprehensive brand refresh can involve costs like registration fees, expenses for digital and print media, and other administrative or operational charges. However, these costs are generally reasonable. Notably, investing in market research and external brand consultants provides significant value by helping us better understand our stakeholders and their perceptions of the CAS. Gaining this insight is extremely valuable, regardless of whether we decide to change our visual branding assets, though updating our visual identity also offers its own advantages.

A clear and consistent brand enhances recognition and bolsters the credibility of CAS credentials. It affirms members’ professional authority among employers, regulators, and interdisciplinary colleagues. Well-defined positioning enables stakeholders to appreciate the unique value CAS members contribute to addressing complex risk challenges, ensuring that our credential’s significance remains robust for both current members and future generations. Safeguarding and advancing the strength of the CAS credential is a fundamental responsibility of the board, which is why “Reinforcing Our Differentiated Brand” is a central pillar of the CAS Strategic Plan.

What will the brand refresh include?

The goal is alignment and ensuring everything we do reflects our brand promise:

The CAS is the trusted global authority advancing the practice of property and casualty actuarial science, helping people, businesses, and communities unlock opportunity and thrive in a rapidly changing world.

Over the coming year, members can expect to see a thoughtful evolution of messaging, tone, and visual identity across CAS channels, and greater consistency and clarity in how we communicate with different audiences — those who know us well and those just getting to know us. As we proceed, members should feel confident in the brand refresh effort. These decisions are grounded in market research and testing conducted by the CAS Board. The results will be informed by how members, employers, and future candidates engage with the CAS today. Members should also look forward to seeing the CAS take a modern approach to showing up in a digital-first world, while preserving the high standards, values, and mission that define the CAS.

Graphic showing the Casualty Actuarial Society logo followed by an arrow pointing to the CAS logo, then another arrow pointing to a question mark, suggesting an unknown next stage or transition.

Yes, but are we changing the logo and colors?

In a word, yes! The changes themselves are still being refined, but the CAS Board has approved a general concept for evolving the logo based on several options presented by our consulting partner. The logo changes under consideration are more evolutionary than revolutionary in nature, and color changes are actually quite subtle but important for digital purposes. Having been through this process before, I anticipate reactions will cover the full spectrum — from “we should keep what we have” to “we should make a more drastic change.” This is simply a reflection of the diversity of our membership and, to some extent, the nature of our inherent personal responses to change. I look forward to the finished product!

Closing thoughts

I appreciate the energy and thoughtfulness that have gone into the brand refresh efforts thus far and am excited to see the results. At the same time, I recognize that what defines the CAS has not changed — our commitment to excellence, high standards, and service to the profession remains unwavering, and the CAS brand ultimately lives in the professionalism, expertise, and impact of its members. As long as the brand refresh effort continues to honor these truths, I am confident this work positions the CAS to remain clear, confident, and trusted, today and for the future.

Actuarial Review Letters Policy

Letters shall not contain personal attacks or statements directly or implicitly denigrating the characters of individuals or particular groups; false or unsubstantiated claims; or political rhetoric. Letters should be no more than 250 words and must include the author’s name and phone number or email address, so the editorial staff can confirm the author. Anonymous letters will not be published. There shall be no recurrence of topics; issues previously addressed will not be the subject of continued letters to the editor, unless new and pertinent information is provided. No more than one letter from an individual can appear in every other issue. Letters should address content covered in AR. Content regarding the CAS Board of Directors or individual departmental policies should be directed to the appropriate staff and volunteer groups (e.g., board, working groups, committees, task forces, or councils) instead of AR. No letter that attempts to use AR as a platform for an ulterior purpose will be published. Letters are subject to space limitations and are not guaranteed to be published. The AR editorial volunteer and staff team reserves the right to edit any submitted letter so that it conforms to this policy. Decisions to publish letters and make changes to submissions shall be made at the discretion of the AR Working Group and CAS staff.

For more information on AR editorial policies, visit here.