Risk & Business Magazine JGS Insurance Summer 2021 - Page 12




For decades now , whenever community association board members have looked for the most qualified community association managers to entrust with their association and its valuable assets , they have often looked for managers that hold the prestigious Professional Community Association Manager ( PCAM ) designation or other manager designations awarded by the Community Associations Institute ( CAI ). CAI has recognized the importance of creating designations to identify the community association expertise of other professionals that service community associations and community managers in highly specialized disciplines .

In the insurance and risk management field , CAI understood the importance of identifying and recognizing the most qualified individuals to partner with community associations when they developed the Community Insurance and Risk Management Specialist ( CIRMS ) designation . Individuals that have secured their CIRMS designation have demonstrated a high level of competence within their profession through the qualifying process .
The first item of importance to community association leaders and managers is experience . CIRMS designees must provide references from both community associations and community association industry professionals and have a minimum of five years ’ experience as a practitioner in the community association insurance industry . For this designation , a practitioner is defined as an individual primarily compensated to consult , advise , and / or provide insurance services for community associations . In addition to the above , the CIRMS designee must also satisfy one of the following :
• have the current responsibility as an insurance practitioner for at least 25 community association insurance programs , or
• demonstrate significant involvement in the provision of insurance and risk management services to community associations .
Knowledge of their practice is another one of the attributes you will find with those who have the CIRMS designation . They are active in CAI and similar organizations and serve as national faculty members , speakers , and authors on both a national and local basis . They will also be members of national and local CAI committees and boards , and you will find them attending educational opportunities to broaden their knowledge of best practices in community association insurance and risk management . Many CIRMS designees also carry other designations awarded by various professional insurance institutions .
All CIRMS are bound to a stringent code of ethics . For community association leaders to have the ability to identify such talented individuals in this discipline is immensely helpful . This is why CAI created the CIRMS designation .
At the 2021 CAI Virtual Law Conference , the 151st CIRMS designee was presented during the General Session . You can find CIRMS insurance professionals in the CAI - New Jersey directory or on the national site under Directory of Credentialed Professionals . For more information on the CIRMS designation , please visit www . caionline . org . For those of us who are insurance and risk management professionals , having your time , experience , knowledge , and talent recognized by CAI is a great honor . +
Robert “ Bob ” A . Travis , CIRMS , CPIA , is the Board President of Long Beach Commons Condominium , Inc ., in Brant Beach , New Jersey . In addition to serving on the Board of Long Beach Commons for the past twelve years , Bob has forty-two years in the Commercial Insurance Industry , highlighted by providing Insurance and Risk Management Services to Community Associations since 1986 . He has been a member of the CAI National Faculty for twenty-two years , teaching the M205 and M330 PMDP courses . Bob is a frequent lecturer both on a local and national basis . He served as Chapter President in 2013 for the Pennsylvania / Delaware Valley CAI Chapter . The Foundation for Community Association Research is another one of Bob ’ s volunteer interests where he serves on the Foundation ’ s Board of Directors . He can be contacted via email at riskmanagementmatters @ yahoo . com .