HAND Member Spotlight: Georgetown Insurance Service, Inc. – A New Member Collaborates with Partners, Delivers Solutions
After Georgetown Insurance Service was referred to HAND Member Arlington Partnership for Affordable Housing (APAH), they spent several months auditing policies and assisting staff in order to get up to speed on APAH’s total insurance program. When Nina Janopaul, APAH’s CEO, remembers the experience, she was most impressed by the personalized service Georgetown provided: “APAH started working with Georgetown Insurance in Fall 2013 as we re-bid our insurance portfolio. Joe Smith and Carolyn Paulochik (from Georgetown) educated our staff and audited our policies, identifying gaps in coverage. Despite increasing our coverage limits, Georgetown decreased insurance premiums by 7%. They continue to be responsive to our requests and conscientious about our coverage.”
With the simple goal to “provide the finest quality customized insurance solutions possible and deliver them with exceptional service,” Georgetown Insurance makes it its policy to understand the true needs of its clients in order to match their needs with the right products.
Dedication like that has always set Georgetown Insurance Service apart in the competitive field of insurance brokerage.
Since 1977, the company has been delivering customized insurance solutions to clients who not only want to “buy” insurance products, but who are interested in strategizing on ways to manage risk in their businesses and in their lives. Over the past decade alone, Georgetown Insurance has handled the insurance needs of approximately 1600 businesses and 3500 individuals and families—with more than 95% of the business comprised of repeat customers, including those in the community development industry and in areas such as nonprofit Human Services.
“Many of our housing accounts have trouble getting valid long term risk management advice from brokers and agents,” said Joe Smith, the firm’s Executive Vice President, “It is unrealistic to expect your asset management staff to be able to cut through the typical ‘sales pitches’ that most agent’s use. By working almost entirely on referrals, we’ve been able to help asset managers and smart CFO’s get up to speed on good long term risk management and insurance buying principles and feel comfortable with their choices.”
As a brand new member, Georgetown Insurance Service is excited about its HAND membership and looks forward to networking and getting further involved in the DC area affordable housing community.
HAND is pleased to spotlight Georgetown Insurance, which certainly contributes to our organization’s COLLABORATION, INNOVATION and TRANSFORMATION within the metropolitan area!