Big I Virginia E-News
May 2022
Welcome
     

ASSOCIATES:    
The Networking Institute Fairfax, Virginia  
     
 
From the Desk of the President & CEO
I can’t believe we’re less than two months away from the IIAV Convention in Virginia Beach.
 
During their recent board meeting, the IIAV Board of Directors approved the Nominations Committee recommendations for the 2022/23 IIAV Officers and Directors. 
IIAV Member Resources
  
Would you like to know more about flood insurance? Big “I” of Virginia has the resources you need
including FEMA-approved Flood continuing education courses. The Big “I” Flood program gets you
access to one of the premier Write-Your-Own flood carriers: Selective. Selective offers a unique
and unparalleled approach to servicing flood customers nationwide. Selective Insurance has been
rated A (Excellent) or better by AM Best since 1930 and has been the flood carrier endorsed by
IIABA since 2001. Plus, they provide the experience, dedication, and service required to stand up
against the competition.
 
Visit iiaba.net/Flood or contact Annette Winston at 804-690-4129 or annette.winston@selective.com.
The Security You Need. The Name You Trust.
Berkshire Hathaway GUARD Insurance Companies®
Berkshire Hathaway GUARD Insurance Companies are rated A+ “Superior” by A.M. Best (as of 4/20/2021) and backed by the financial strength of our ultimate parent, Berkshire Hathaway, Inc.  In Virginia, we offer a full product suite for your commercial clients that includes a Businessowner’s Policy (with typical limits up to $20 million; $50 million for select classes), Commercial Auto, Commercial Umbrella, Professional Liability, and Workers’ Compensation.  “Pay-as-you-go” billing options are also featured.
Learn more
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State & National News
  
As a small business owner, you understand the importance of cybersecurity, but you may not know where to begin. Let’s start with cybersecurity basics. Do you know how to help protect your files and devices from potential cyberattacks?
 
Test your understanding of cybersecurity basics by selecting the correct response for each question or statement.
  
ALEXANDRIA, VA, May 4, 2022— The Big “I” is pleased to announce the appointment of Whitnee Dillard as the new executive director of Invest™ and diversity. Dillard succeeds Deborah Pickford, executive director of Invest, who will retire in May after six years of outstanding contributions to Invest, the insurance industry’s premier classroom-to-career education program administered by the Big “I.” 
  
As agency owners listen to what others have sold their agencies for to large acquirers, don't let the fear of missing out blur your judgment. A recent article by Matt Sprang, InsurBanc's Director of Agency Banking, discusses the importance of examining all your exit options if you are considering selling.  Agency owners work hard over time to create a successful agency and a lasting legacy, so be sure to take the time to navigate through to the right decision for your agency.
Goodville Mutual
MEMIC
IIAV News
  
During the 2022 Big “I" Legislative Conference Breakfast, Bob Fee, Big “I" chairman, presented former Big “I" chairman Spencer Houldin, president of Ericson Insurance Advisors in New York City, Boston, Washington, D.C., Connecticut, and West Palm Beach, Florida, with the 2022 Woodworth Memorial Award—the highest honor the Big “I" bestows on an individual member.
Two of Virginia’s most highly respected law firms, Woods Rogers and Vandeventer Black, have entered into a formal agreement to merge, creating a regional powerhouse to be known as Woods Rogers Vandeventer Black. To operate as a combined firm as quickly as possible, firm leaders are moving forward to finalize the organizational structure and execute integration plans. The new Woods Rogers Vandeventer Black will become one of Virginia’s largest law firms with more than 130 attorneys and a total workforce of more than 250 people.
  
Spring invokes thoughts of cleaning and refreshing. Given the changes over the last two years, this should apply not only to your windows and closets but to your HR practices as well.
I’m in Control of My Future, Are YOU?
Smart Choice®
Going independent was a challenge, but my partnership made it possible. Agents that join Smart Choice retain ownership of existing and future policies.  That’s right, agents keep what they already have, what they write and give up nothing.  Agents pay no startup fees, monthly fees, maintenance fees, or exit fees, ever.  Agents can utilize our support when they need carrier access or our expertise.
Click HERE.
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Upcoming Events
Commonwealth Underwriters Ltd
The Kotter Group
Education
Virginia Association of Insurance Agents
  
Will your agency donate a basket? We've come up with some fun ideas to inspire and make it easy for you to help VAIA further our mission!
From the Desk of the Director of Membership and Marketing
As a valued member of the Independent Agents of Virginia, you are automatically enrolled in TrustedChoice.org. Trusted Choice also offers optional upgraded subscriptions. IIAV has created an informational chart to make it easier for our members to compare and make an informed decision about their Trusted Choice subscription options.