Excess & Surplus Lines Business in NY

Many agents around the country write NY business, some of which falls into the E & S Marketplace.

At Jimcor Agencies we want our agency partners to have access to the tools they need to successfully compete in this environment.  Therefor we felt it important to forward this information by ELANY (Excess Lines Association of NY) regarding Affidavit Part C.

Use of New Affidavit Part C Reminder

We hope this assists you in writing business.

Thank you once again for choosing Jimcor Agencies.

Diversity Discussion with Elmer Rivera (Pt III)

Welcome back as we finish up our conversation with Elmer Rivera, Branch Manager for Jimcor Agencies' Long Island, NY office and President of LABA (Latin Agents and Brokers Assoc.).  Elmer has already answered questions about Diversity with regards to employment in our industry, geographic differences, leadership and more.
Here we will look at what the industry can do to further embrace diversity as well as an inside look at the new trade association, LABA.

Q: What else does the industry need to do to further embrace different cultures in our country?
A: "Bring It To The People" ...We need to educate not only our sales force, but also our office support, customer service reps., claims reps., and accounting reps. The fastest growing consumer group, people from diverse cultures present a great virtually untapped opportunity for insurance companies and agents to sell their products and services. By providing face-to-face communication, with clear product descriptions, and implementing patience & understanding, you can begin to build trust with the culturally diverse consumer.

Q: What is the purpose of your group LABA (Latin Agents and Brokers Assoc) and how are you different from other associations in the area / country?
A: Our purpose is to provide support in the advancement of the Agent and Broker serving the Hispanic American insurance consumer in the North East by assisting in providing the best possible product offerings to this ever growing consumer segment. We are also focusing on promoting education and mentoring to the future young Hispanic American insurance professional.
We differ from other associations in the Northeast by bringing together those already servicing, or interested in targeting Hispanic insurance consumers. We also differ by being the first association that looks to focus on educating not only the agent and broker, but the Hispanic insurance consumer as well. By educating the consumer, we believe we can help the agent & broker facilitate sales and servicing to the Hispanic insurance consumer.

Q: Do you have any additional comments?
A: The bottom line is that today the diverse cultures are what make America truly the land of opportunity, and the insurance industry needs to further prepare itself to take advantage of the opportunities that will come from this fast growing consumer group.


Thank you Elmer for taking the time to answer our questions.

If you would like more information on Jimcor visit our website at http://www.jimcor.com/.
For information on LABA visit http://www.latinagentsandbrokers.com/
You can also email Elmer Rivera at erivera@jimcor.com

In closing, ask yourself how diverse your agency, company or office is.  Look around your community and find ways to learn about the different cultures all around you.  After all, everyone needs insurance!

Diversity

We sat down with Elmer Rivera, Jimcor's Long Island Branch Manager and President of LABA (Latin Agents and Brokers Assoc) and asked him a few questions on Diversity. We will break the discussion up into a series of blogs. Here is the first of that series.

Q: How do you define Diversity?
A: Diversity can have many different meanings. When you speak of a people I would define diversity as "Cultural Diversity". This means understanding that every culture has made a contribution to American history and each culture may have very different sub-cultures. In my view, we as Americans have a duty to show tolerance and understanding of the many cultures that make our country so great. While we are all Americans, keeping our cultural identities alive should be valued and not be ignored or put aside.

Q: Do you think diversity is different geographically? (i.e. in the northeast as opposed to other parts of the country?)
A: Yes. In America there may be one group of people, but many sub-groups within. This is evident in the Asian and Hispanic communities. While this holds true in the Northwest as well, when you discuss the topic of primary Hispanic communities, Mexican is the dominant Hispanic culture by the largest margin. In the Northeast there are many different Hispanic cultures. While Dominicans are the current largest segment, other Hispanic cultures (Puerto Rican, Mexican and various Central and Southern American cultures) are only less by a much smaller margin.

In the next blog we will be asking Elmer Rivera questions about his views on diversity within the insurance industry.