Ep. 133: Justin Foa: Spearheading IBANY and the Family's Legacy

Spot On Insurance - Oct 08, 2019

Apple Podcasts Rate and Review for SpotOn Justin Foa is the 5th generation head of Foa & Son International Insurance, a family company built around international brokerage and insurance since 1861. He is also an elected Board Chair of the Tanenbaum Center, a charity dedicated to religious tolerance and peacemaking. Before he was the President and CEO of Foa & Son, Justin gained experience outside the company in various executive roles.   Justin joins us today to share the challenges of running a multi-generational insurance company. He explains the origins of Foa & Son, the types of insurance they worked with at the time, and why they transferred from Europe to the US. He shares the lessons he’s learned from his father about business. Justin also discusses what it's like to be the one spearheading IBANY and the family’s legacy.       “Our clients know we're the last line of defense between an unforeseen event wiping out their business.” - Justin Foa       Today on Spot On Insurance:   Why his company moved to the US from Europe. The challenges he experienced in college and leading the company. His work experience in various companies with different cultures. The lessons he learned from his father regarding business. The good and bad aspects of working in a family agency. His thoughts on using the latest technology in a traditional agency business. The programs his company have that promotes religious tolerance.       Key Takeaways:   Getting the quote that is wrong for your client or not designed in the most efficient way is a waste of time. We are involved in that chain of disaster and disaster recovery.     Resources Mentioned:   Tanenbaum Center for Interreligious Understanding Insurance Brokers Association of New York     Connect with Justin Foa:   Foa & Son LinkedIn Email: [email protected]             This episode was brought to you by…..   Insurance Licensing Services of America (ILSA), America’s Premier Insurance Compliance and Licensing experts. To learn more about ILSA and their services, visit ILSAinc.com.     Connect, Learn, Share   Thank you for joining us on this week’s episode of Spot On Insurance. For more resources and episodes, visit SpotOnInsurance.com. Subscribe so you never miss an episode. Love what you’re learning, Spot Light your review on Apple Podcasts Rate and Review For SpotOn and share your favorite episodes with friends and colleagues!

Podcast Page