| EXECUTIVE DIRECTOR ’ S PAGE |
Understanding the Importance of InsurPac
KAIA members hit their InsurPac contribution goal .
I am pleased to report that KAIA members were able to cross the finish line , hitting their 2017 InsurPac goal of $ 25,700 . For those of you not familiar with InsurPac , it is our federal political action committee and plays a key role in the Big I ’ s legislative success . Overall , InsurPac raised $ 1.1M this year . These funds will be used to give Big “ I ” members a voice on Capitol Hill and help our national government affairs team protect the interests of independent agents . I want to thank all of the KAIA members that contributed to InsurPac and helped us reach our goal . This shows that we are pulling our weight on issues that affect agents on a national level .
I also wanted to share some interesting facts about InsurPac and breakdown details of Kansas member participation :
• A total of 111 KAIA individual members contributed to InsurPac , making the average contribution $ 244.60 .
• 59 agencies made contributions making the average per agency contribution approximately $ 460 .
• Of the 59 agencies who made contributions , 14 had multiple employees participate . o Elliott Insurance Group led the way with 12 employees , followed by Insurance Planning , Inc . with 7 .
• 60 % of InsurPac contributions occur in January and December . Members should consider an automatic monthly credit contribution , from a cash flow perspective .
• If every member agency contributed roughly just $ 78 we would have reached our 2017 InsurPac goal .
• If every employee of our members contributed roughly $ 12 we would have reached our 2017 InsurPac goal .
• KAIA Young Agents generated approximately 11 % of funds raised for InsurPac and reached their goal .
• InsurPac is the 2nd largest insurance industry PAC at $ 1.1M , only trailing CIAB at $ 1.4M . NAIFA and PIA follow at $ 938K and $ 54K respectively .
• In the past , InsurPac ’ s contribution to the KS delegation has exceeded KAIA ’ s member contributions ( by 50 % in 2016 ). That is a good return on our members investment .
• In 2016 , InsurPac contributed about $ 250K to legislators sitting on Agriculture / Crop committees .
• Past KAIA President and retired agency owner , Sandy Broadstreet , is still making a difference with a $ 100 contribution . Thank you , Sandy .
While KAIA continues to fight for members in the Kansas statehouse ,
DAVID HULCHER KAIA Executive Director
the Big “ I ” Government Affairs team is doing the same in Washington , DC . The issues that they are focusing on include tax reform , crop and flood insurance , healthcare reform , Department of Labor regulations , and insurance regulatory oversight issues . Your contributions to InsurPac are important to making sure we are connected and have a voice . For 2018 , I ’ d like to set some of our own goals for KAIA members :
1 . Let ’ s set a goal that all agency employees will contribute $ 10 to InsurPac . Encourage them to pack a lunch instead of eating out one day and contribute to supporting their industry .
2 . Instead of waiting until the last minute to make contributions , manage your contribution throughout the year with automatic monthly payments .
3 . Can we get double the number of member agencies that currently contribute to InsurPac – 120 agencies ?
Finally , I ’ d like to recognize National Director Cindy Hower and Past President Lyle Davidson for their work in contacting members to make sure we met our goal .
To contribute to InsurPac text “ insurpac ” to 797979 or visit www . insurpac . com / form .
2017 Top 10 KAIA Agency Contributors
1 . Fee Insurance Group , Inc . 2 . Elliott Insurance Group 3 . Renn & Company , Inc . 4 . Kellerman Insurance , Inc . 5 . The Davidson Agency 6 . Insurance Planning , Inc . 7 . Bolz Insurance , Inc . 8 . Newkirk , Dennis & Buckles , Inc . 9 . ICI
10 . Stephen / Chapin Insurance & Tyner Insurance Group
4 KANSAS INSURANCE AGENT & BROKER | January - February 2018 |