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May 2022 | ||||||||||||||||||||||
Welcome
From the Desk of the President & CEO
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.
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.
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.
Upcoming Events
Education
Virginia Association of Insurance Agents
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.
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