I guess I was born to the insurance business. My Dad was an insurance agent in New Hampshire when I was a baby. He then joined an insurance company and we bounced about the East-coast while I was in school - Massachusetts, Ohio, Georgia, back to Massachusetts.
The Summer between my freshman and sophomore year in college I decided it was time to get a job in business. I thought I wanted to be a stockbroker. I rode into Boston every morning with my Dad and would go from office building to office building, riding the elevator to the top floor and stopping at every office on each floor - moving down one elevator stop at a time asking if there was an opening for a college student.
After two weeks and no luck, my Dad suggested I try an insurance agency. I got the job (as an auto claims clerk) and the rest has been 30 plus years in the business - working at five different insurance agencies before starting my consulting practice.
In 2000 I decided that there was a need for an insurance expert who did not sell insurance. I left my job at a small agency, my wife allowing me to take over the corner of a basement bedroom.
As the business grew my office grew from a corner, to half the bedroom, to taking over the family room. We then built a new house with a large office with a separate "office" entrance - a door that not once has been entered by a client.
That office now houses the largest solo-practitioner insurance consulting firm in the US. I have clients in 35 states. I have been called the largest single insurance buyer in the country. Several years ago I totaled it up - I help my clients with about $50,000,000 in premium each year.
I graduated from Babson College, Wellesley, Massachusetts. In 1987 I earned the Certified Insurance Counselor designation from the Society of CIC. In 1995 I finished the work (10 essay exams given over 5 years) to qualify for the Chartered Property and Casualty Underwriter designation conferred by the American Institute for CPCU.
I earned the Insurance Institute of America's Associate in Risk Management designation in 2005. In 2007 I was awarded the Certified Management Consultant designation by the Institute of Management Consultants USA
My insurance work has involved companies in a wide range of industries. I have handled insurance and risk management issues for public and private corporations, including many with international operations. My work includes nonprofits, manufacturers, banks, hotels, property managers, municipalities, and schools.
I hold a State of Maine resident insurance consultant's license and non-resident licenses in every state where I am required to do so - I think I'm up to 28 state licenses now.
About ten years ago I was accepted as a member of the Society for Advancement of Consulting, an organization made up of only the top 1% of consultants nationwide. Several years ago I was granted "board approved" status putting me in the top ten percent of the top 1% of consultants.
My writing and comments have appeared in the Wall Street Journal, Forbes, Fortune, Money, Inc. Magazine, Smart Money Magazine, the New York Times, Boston Globe, Investors Business Daily, Kiplinger's, the Los Angeles Times, and countless trade publications.
I make my home in Gulfport, Mississippi. I enjoy the shooting sports, particularly competitive pistol shooting and trap. My newest sport passion is CrossFit. I also like to reading, playing with our dog, and bird watching. My wife and I have five kids and three grandchildren.
I'm a past president of the trade association, Maine Association Of Professional Consultants and of the Biddeford Saco Rotary Club.
For More Information Contact:
Scott Simmonds, CPCU, ARM