Mid-Atlantic Agency Joins UBA’s Global Network of Independent Employee Benefits Advisory Firms
United Benefit Advisors (UBA), the nation’s leading independent employee benefits advisory organization, announces Insurance Associates as the latest addition to its growing list of Partner Firms. Founded in the District of Columbia in 1956, Insurance Associates is now headquartered in Rockville, Maryland, and has three additional offices – Fairfax, Virginia, Laurel and Towson, Maryland – to serve their clients.
“We are very excited to join the UBA team because of the vast expertise and resources this partnership brings for the benefit of our clients, including compliance attorneys and access to the most comprehensive benchmarking information in the market. As a UBA Partner Firm, we are well suited to serve all size employers including those with a national or international footprint” says Troy Snyder, Vice President and Benefits Practice Leader at Insurance Associates.
Celebrating 60 years in the insurance industry, Insurance Associates’ success is a result of many factors, but one stands above all and that is their corporate philosophy as it relates to loyalty. The principal goal of their founder, Ted Barker, was to write surety bonds and property & casualty insurance for construction accounts. Initially, Insurance Associates specialized in handling utility contractors. Since that time, they have expanded their portfolio of construction clients to represent a broad spectrum of the industry, including developers, general contractors, heavy/civil, subcontractor trades and specialty firms. In the early 2000s, they added a full-service employee benefits unit to completely round out the host of insurance solutions that they offer to their construction clients and to expand their client base by serving employer sponsors in all industries.
“UBA’s Partner Firms represent clients in vast and diverse businesses,” says UBA CEO Les McPhearson. “It’s this range of varying thoughts and ideas that allow our Partners to collaborate effectively in order to better serve their clients.”
As the newest Partner Firm of UBA, Insurance Associates joins a network of employee benefits advisory firms that serve employers of all sizes across the United States, Canada, and Europe. As a combined group, UBA’s annual employee benefit revenues rank it among the top five employee benefit advisory organizations in the U.S.
About Insurance Associates, Inc.
As a leading source for surety bonding and comprehensive insurance programs to the construction industry, Insurance Associates relies on a simple business philosophy: we aggressively represent the interests of our customers in the marketplace. Over time, we expanded our portfolio of construction clients to represent a broad spectrum of the industry, including developers, general contractors, heavy/civil, subcontractor trades and specialty firms. Today, our firm serves not only the needs of the construction industry, but also provides commercial insurance and employee benefits consulting solutions to non-construction risks. With four offices in the mid-Atlantic region, Insurance Associates is a full service agency providing clients with a complete array of insurance services including employee benefits, life insurance and personal lines. For more information, visit http://insassoc.com.
About United Benefit Advisors®
United Benefit Advisors® (UBA) is the nation’s leading independent employee benefits advisory organization with more than 200 offices throughout the United States, Canada and the United Kingdom. Our goal is to provide an environment that empowers our more than 2,200 Partners to both maintain their individuality and to pool their expertise, insight, and market presence to provide best-in-class services and solutions that positively impact employers and make a real difference in the lives of their employees and families. An important product of that collaboration is the UBA Health Plan Survey – the nation’s most comprehensive employee benefits benchmarking survey. At UBA, we believe in service and genuine sharing through mutual trust. Our culture is one of honesty, transparency, and making others better. It is defined by the values of integrity, collaboration, care for others, innovation, and operational excellence. Employers, advisors and industry-related organizations interested in obtaining powerful results from the shared wisdom of our Partners should visit UBA online at www.UBAbenefits.com.