THE ORIGIN OF THE NEW YORK MARINE INSURANCE ASSOCIATION
It was the belief that one reason for the lack of good communications in the industry was that the executives of the leading underwriters and brokerage firms were not generally good friends - in fact, often were not known to each other at all. They further believed that if there were some way potential executives of these firms could get acquainted while still relatively young, and could become friends by association and contact, some very desirable results could be obtained which would benefit the industry and those it serves.
These thoughts were broached with other young professionals in insurance, along with the idea of forming an association which would meet on a regular basis where these thoughts could be promoted. The response was immediate and approval in principle spontaneous. The Association (then unnamed) was formed shortly thereafter.
In addition to these meetings, the Association sponsors a few other annual functions. The summer outings include two separate golf outings and a week trip to Myrtle Beach.
The quality of its members has always been an important consideration to New York Marine Insurance Association. We believe the success in this area has had much to do with the success of the Association overall.
It is a certainty that personal association with other members over the years must form friendships. Such friendships will inevitably cross the normal boundaries of competing firms, and will subsequently result in improved relationships and better understanding in the industry.