History

Insurance Associates, Inc. was
incorporated as an independent
insurance agency in the District of
Columbia in 1956. The principal goal
of our founder, Ted Barker, was to
write
surety bonds and
property & casualty insurance
for construction accounts.
Initially, the company specialized
in handling utility contractors.
Since that time, we have 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. In the early
2000’s, we added a full service
Employee Benefits unit to
completely round out the host of
insurance solutions that we offer to
our clients. Our company also
handles the individual
life
insurance and
personal insurance needs of our
clients.
2005
marked the successful transition
into our third generation of
leadership. The management team of
Insurance Associates has extensive
surety company and insurance
industry experience. The ownership
of our company is shared among its
key employees and an Employee Stock
Ownership Plan. This structure not
only promotes strong employee
satisfaction, but it also
facilitates clear direction from our
principals while enjoying the
benefits of employee ownership at
every level of the organization. The
depth of resources that we bring to
a client is second to none.
Insurance Associates’ success is a
result of many factors but one
stands above all and that is our
corporate philosophy as it relates
to loyalty. We are committed to our
customers, our insurance companies
and most importantly to our
employees. We believe that quality
employees should be treated fairly,
rewarded fairly and given a stable
work environment with a sense of
long term security. This philosophy
has worked well for us and is
evidenced by the number of long term
employees that are with our firm. |