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T H U R S D A Y , J U N E 2 8 , 2 0 0 7 Industry News YOUNG AGENTS Register for Young Agents Leadership Institute The 2007 Young Agents Leadership Institute will be held Sept. 28 - 30 at the Manchester Grand Hyatt in San Diego. This exciting event features distinct breakout sessions focusing on membership development, communications and political involvement. Attendees will hear from ACORD, Artizan Internet Services and Applied Systems and members of ACT during the technology panel where they will gain insight into the latest technology trends. Attendees also will have the opportunity to network with peers and Big “I” leaders, learn new strategies for agency management and develop valuable professional and personal contacts. The Young Agent Committee Awards also will be announced at this event highlighting the efforts and enthusiasm Young Agent committees have towards their states. The Young Agent opening event will be held on a San Diego dinner cruise on Sept 29. Don’t let this opportunity pass you by – visit www.independentagent.com and click “Young Agents” for updates on the event and for online registration. For more information, contact Katie Cosgrove at 800-221-7917; katie.cosgrove@iiaba.net.
InVEST InVEST Awards 42 Student Scholarships InVEST, the insurance industry’s premier school-to-work program, has awarded $43,000 in scholarships to 42 college-bound students pursuing insurance-related degrees. Each year, InVEST develops a diverse pool of industry professionals by educating high school and community college students about insurance, risk management and financial services. Earlier this year, 150 scholarship hopefuls across the country submitted essays describing the influence and benefits InVEST had on their educational plans. The quality of the essay, combined with the applicant’s grade-point average, extracurricular activities and college entrance exam scores, were factors in selecting the recipients.
The scholarships are funded through proceeds generated by the InVEST Silent Auction held each year in conjunction with the Big “I” Legislative Conference & Convention. The recent auction raised $31,000, with attendees bidding on trips, jewelry, gadgets, sporting events and more. Items were donated by insurance carriers, agents and brokers, the Big “I” and its state affiliates and other industry organizations. Another $12,000 was raised from the first-ever live auction held at the same conference.
This year’s scholarship winners hail from Florida, Connecticut, New York and California. Six students were awarded the top scholarship of $2,000. They are: Arielle Baldasarri, Boone High School, Orlando, Fla.; Courtney Baxter, Westside Tech, Winter Garden, Fla.; Joseph Bolich, St. Petersburg Catholic High, St. Petersburg, Fla.; Brittany Coughlin, St. Petersburg Catholic High, St. Petersburg, Fla.; Justin Taylor, Samuel W. Wolfson High, Jacksonville, Fla.; and Andrew Winner, Boone High School, Orlando, Fla.
Scholarships of $1,500 were awarded to seven students: Gregory Coffman Jr., Boone High School, Orlando, Fla.; Caitlyn Durbin, Dryden High School, Dryden, N.Y.; Megan Haskins, Boone High School, Orlando, Fla.; Zachary Hollis, Boone High School, Orlando, Fla.; Lindsey McCutcheon, Dryden High School, Dryden, N.Y.; Wilson Perez Jr., Boone High School, Orlando, Fla.; and Eric Roberts, St. Petersburg Catholic High, St. Petersburg, Fla.
A dozen students received $1,000 scholarships, including: Katlyn DeLaurentis, Charles O. Dickerson High, Trumansburg, N.Y.; Delaney Dickson, Boone High School, Orlando, Fla.; Ashley Dingee, East Hartford High, East Hartford, Conn.; Kelcee Feitlin, Timber Creek High School, Orlando, Fla.; Jourdan Gabriel, Palmetto High School, Palmetto, Fla.; Katrina Gonzalez, Barbara Goleman Senior High, Miami, Fla.; Ashley Hill, Bloomfield High School, Bloomfield, Conn.; Thomas Judson II, Dr. Phillips High School, Orlando, Fla.; Ryan Magura, Timber Creek High School, Orlando, Fla.; Lavaris Nelson, Samuel W. Wolfson High, Jacksonville, Fla.; John Neusaenger, Boone High School, Orlando, Fla.; and Bruno Rivera, Timber Creek High School, Orlando, Fla.
The 17 recipients of $500 scholarships are: Erika Acosta, Miami Beach Senior High, Miami Beach, Fla.; Katrina Bruno, Miami Coral Park Senior, Miami, Fla.
Brittany Calloway, Bloomfield High School, Bloomfield, Conn.; Dave Foley, West Genesee High School, Camillus, N.Y.; Matthew Frazee, Westside Tech, Winter Garden, Fla.; MaryAnn Gilbert, Grossmont College, El Cajon, Calif.; Jovin Girard, East Hartford High, East Hartford, Conn.; David Hudson, Bloomfield High School, Bloomfield, Conn.; Ariel Kenon, Edgewater High School, Orlando, Fla.; Thomas Korray, Miami Beach Senior High, Miami Beach, Fla.; Jennifer Moliner, Miami Coral Park Senior, Miami, Fla.; Ashton Pearson, Timber Creek High School, Orlando, Fla.; Mariela Regalado, Murry Bergtraum High School, New York, N.Y.; Lauren Sanchez, St. Petersburg Catholic High, St. Petersburg, Fla.; Chelsey Schleifer, Samuel W. Wolfson High, Jacksonville, Fla.; Evan Swanhart, Charles O. Dickerson High, Trumansburg, N.Y.; and Sara Walsh, St. Petersburg Catholic High, St. Petersburg, Fla.
To learn about starting a local program, visit InVESTprogram.org or contact Sandra Skipper at 703-706-5437; sandra.skipper@iiaba.net, or Amber Williamson at 703-706-5425; amber.williamson@iiaba.net.
EDUCATION Big “I” Offers AIAO Program The Big “I” is pleased to present a dynamic educational program designed to provide insurance agency owners, producers and managers that serve emerging markets with the planning, sales and service expertise necessary to build successful a independent agency operation.
The Associate in Insurance Agency Operations (AIAO) is a complete training program for insurance agency owners, producers and managers seeking tools and strategies that will allow their agencies to be attractive business partners for top national and regional agency carriers, and to position their agencies for continued growth and success. Upon completion of the class work and all course reporting requirements, each student will be awarded the designation of AIAO by the Big “I.”
Save these dates for this three-part course, which will be held at the Big “I” national office in Alexandria, Va.: Sept. 18 – 20 (strategic planning), Dec. 4 - 6 (sales training) and Feb. 12 - 13 (superior customer service).
For registration information, contact Gwen Garvin at 800-221-7917, x5441; gwen.garvin@iiaba.net.
BIG “I” MARKETSSM Access Directors and Officers Insurance Non-profit D&O submissions on Big “I” Markets are on the rise. Registered Big “I” Markets agents also have access to private company D&O via the Wrap+SM from Travelers. Click here for an in depth look at the ins and outs of D&O insurance and test your “D&O IQ.” To learn more about Big "I" Markets, visit www.bigimarkets.com.
E&O Fireman’s Fund Audit Provision Letters Agencies that have bound coverage through the Big “I” FFIC Insurance Agents E&O program continue to receive a letter from FFIC indicating their E&O policy is auditable. Please be advised that these letters are invalid as there is no audit provision on the FFIC Agents E&O policy. This error is due to a glitch in FFIC’s policy issuance system, which it is working diligently to correct. The Big “I” wants to make agents aware of this on going issue so they can alert their clients of this letter before they receive it. Until this error can be corrected, the Big “I” will be including this letter with all bound policies. The letter informs the insured that the audit provision letter they will receive in the mail is an error and that the policies are not auditable. We also recommend discussing this issue with your client once you deliver the policy, to further clarify the situation prior to receipt of the audit letter. Once the correction has been made in FFIC’s policy issuance system, we will alert you and attached letter will no longer be sent in conjunction with the policy form.
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