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PIA Is Stronger Than Ever Because of You

There's a lot for you to be proud of because you are a member of PIA. You're a member of an organization that is...
February 26, 2008

PIA National Executive Vice President & CEO Leonard C. BrevikBy Leonard C. Brevik
Executive Vice President & CEO
PIA National

There's a lot for you to be proud of because you are a member of PIA. You're a member of an organization that is highly respected in the insurance industry. In addition, you are part of an association that has clout on Capitol Hill, with state regulators, in state legislatures and in our industry.

Why is PIA so highly respected? Because of our willingness to meet challenges and do the hard work necessary to achieve our goals.

PIA took legal action when the right of agents to receive contingent commissions came under attack. Since then, a number of court decisions have affirmed that contingent commissions are legal.

PIA continues to fight the attempts by those who want to overturn state regulation of insurance and create a new federal insurance bureaucracy. PIA publicly challenged U.S. Treasury Secretary Henry Paulson when his department came out with a request for comment on its study of financial regulation that was biased toward federal regulation.

PIA is never afraid to fight for our members' business interests when they are threatened. We don't go around looking for fights, but neither do we compromise when it comes to our core principles.

Our involvement in the effort to defend our state-based system of insurance regulation extends far beyond opposing OFC proposals in Congress. We work with state regulators, state legislators, the NAIC, NCOIL and other industry groups to support efforts to modernize the state regulatory system at the state level.

PIA is also engaged in the ongoing efforts to develop a national natural catastrophe plan; to ensure continuation and reform of the National Flood Insurance Program (NFIP); and to make sure that crop insurance legislation does not undercut crop agents.

A Commitment to Excellence

In just over one year since its inception, the PIA Branding Program has achieved phenomenal growth and success with over 50 carrier sponsors. PIA members and affiliates have enthusiastically embraced the PIA Branding Program, which has received two highly prestigious MarCom Awards during its first year. We will we soon preview the next phase of the program, radio commercials agents can use.

The Partnership, our agency-carrier initiative, continues to produce excellent tools for PIA members such as Perpetuation Central and Successful Planning.

In the past year, the special PIA National Presidential Task Force on Agency Ownership produced a comprehensive report on the threats to agents' ownership of their books of business and what can be done about it.

PIA combines strong advocacy with a commitment to excellence in providing members with first rate products and services.

The new PIA National E&O program from CNA and Aon, along with our newly enhanced E&O program with Lloyds of London, provides quality coverage options for all PIA members and expands the offerings of PIA affiliates.

The newly-formed PIA National Young Insurance Professionals Advisory Council is working on getting more young people interested in becoming professional insurance agents.

Stronger Than Ever

Our vision statement declares that PIA is "The Association that creates unlimited opportunities for professional insurance agents." And our mission statement further defines our purpose as being, "To promote, protect and defend the integrity of our members, the value of their profession and the success of their businesses."

These statements are the guiding principles for everything we do, every day. It is what PIA members demand of us. By remaining true to our vision and mission, we enable our collective success.

PIA is highly respected on Capitol Hill, in state capitals, with legislators and regulators, in our local communities and throughout our industry. This is because of the well established reputation of PIA members as being dedicated professionals who are always true to their values, firm in their convictions and unafraid to stand up for what they believe.

PIA is stronger than ever, because of you.

Leonard C. Brevik lenbr@pianet.org is Executive Vice President & CEO of PIA National.

PIA Connection

This article originally appeared in the Feburary 2008 issue of PIA Connection.

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