PIA National President Kenneth R. Auerbach, Esq., traces the history of his own agency in an article in the August issue of American Agent & Broker magazine.
Auerbach notes that the first policy sold by the E & K Agency 80 years ago still hangs on his office wall. “The policy for that first client still hangs on the wall at E & K,” he writes. “It’s a property policy for a moving and trucking company. Premium: five bucks. Gee, we think we have a soft market now? Like so many businesses, things have certainly become a lot more complicated over this long stretch of time. But the fundamentals have not changed. Why we do what we do has not changed.”
“As for the purchaser of that $5 policy hanging on the wall—they have diversified, grown and changed, and remain in business. Moreover, they remain a valued client of E & K. I like that kind of change.”
One Main Street Agency’s 80-year Odyssey (American Agent & Broker 8/09)
July 29, 2009