Wednesday, November 18, 2020

Technique for a Proper Golf Swing


Financial and insurance professional Warren Wamberg has established several businesses and served on the boards of various professional organizations during his 30-year career. An alumnus of Ohio’s Baldwin Wallace University, he has authored several books about insurance and investing. In his free time, Warren Wamberg participates in one of his favorite hobbies, golf.


The golf swing plays a critical part in a successful golf shot. An essential technique is to ensure the correct grip of the golf club with the appropriate amount of pressure.

The club flow will be too rigid when bringing it down if the hold is too firm, and could lead to a slice. If the grip is not sufficient, the golfer may lose possession of the club altogether. Many golf professionals use the overlap grip where the little finger of the right-hand rests between the second and index finger of the left hand.

Posture forms the basis for every golf swing. With the wrong stance, the whole swing could be affected. The chest should be lowered, with the hips pushed back. The weight of the golfer should fall towards the feet, releasing the tension in the knees.

For a tee shot with a driver, the feet should align with the shoulders. For other clubs, the feet should be as wide apart as the hips.

When addressing the ball, the club face and body face towards the pin. The feet, shoulders, and hips should be square to the pin. Some players place a club down to assist with alignment while practicing. Another strategy involves taking a step back from the tee and visualizing the shot.

Friday, October 9, 2020

2007 Book Examines Bank-Owned Life insurance and Its Benefits

Over a career spanning 30 years, Warren Wamberg has built experience operating financial and insurance services companies. Drawing on his expertise, Warren Wamberg has written books on industry topics, including bank-owned life insurance (BOLI).


Published by the American College Press in 2007, Mr. Wamberg’s book, The Theory and Practice of Separate Account Bank-Owned Life Insurance, assists financial professionals with understanding BOLI and its benefits. At the time of the book’s publication, BOLI had grown from its 1983 creation into a tool used by more than 3,000 banks.

BOLI is a type of insurance that banks purchase to fund employee benefit liabilities. The bank usually both owns and is the beneficiary of the policy. By providing tax-free savings, the insurance allows banks to fund benefits at a reduced cost.

The book explains the numerous considerations that financial professionals must make when deciding whether to use this financial tool. At the time of its release, the then-president of the American College Press recommended the book to any financial professional interesting in learning more about BOLI.