Blog Viewer

CSIA Insurance celebrating 16 years, remaining true to its founding concepts

By Paul Barnard posted 09-13-2017 11:13

  

We are coming up on the 16th anniversary of our insurance program. Over the years, many things have changed, but the core principles that led to the creation of the CSIA insurance program remain the same today.

I was originally approached by the late, great Norm O’Leary and Bob Zeigenfuse, saying that CSIA members had expressed the need for an insurance program. They believed that the insurance industry did not understand control system integration, and as a result, integrators were incorrectly classified and over-charged. On the first two points they were, and still are, correct. On the third, only partially. One member was classified as Janitorial Consultants, and their coverage matched their premium - very low.

One fundamental of our program continues to be that it is specifically designed for control system integrators. That is what our insureds sign up for and that is what they get. It is also what the insurance carriers desire.

On the subject of carriers, many have expressed interest in participating in our program. Sadly, at the end of the day, they have almost always eventually declined. This applies equally to reinsurers when we attempted to put together a captive that, after much initially enthusiastic interest, died for want of a stop loss carrier.

So now, together with our ISA Program for individual and small integrators we insure upwards of 200 individuals/corporations ranging in annual sales from $240K to $90 million.

I believe that as long as we stand by our founding principles our program will continue to grow and prosper.

Many, many thanks to our current supporters. Your participation and loyalty is greatly appreciated.

For more information about the CSIA insurance program, please contact me, Paul Barnard, CSIA Insurance Program Manager, at paulbarnard@csia-insurance.com or 610-507-6595.



#Insurance
0 comments
30 views

Permalink