Overview
What is Brokers & Reinsurance Markets Inc Association?
Brokers & Reinsurance Markets Inc Association is a nonprofit organization established in 1986, primarily focusing on improving the efficiency and competitiveness of the reinsurance broker channel. Its membership comprises both reinsurance intermediaries and broker channel underwriting companies. The association achieves this by monitoring and refining industry-wide guidelines, producing relevant white papers, hosting seminars, facilitating discussions, and offering educational opportunities through contemporary speakers. Its primary objective is to enhance the ability of the reinsurance broker channel to serve its clients effectively in the overall marketplace.
Official website here: www.brma.org
Is Brokers & Reinsurance Markets Inc Association legitimate?
Brokers & Reinsurance Markets Inc Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Brokers & Reinsurance Markets Inc Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.brma.org
What is the mission statement of Brokers & Reinsurance Markets Inc Association?
The Brokers & Reinsurance Markets Inc Association, established in 1986, serves the reinsurance broker channel with the primary objective of enhancing its effectiveness in serving clients and maintaining competitiveness in the marketplace. The association aims to achieve this by monitoring and refining industry-wide guidelines, producing topical white papers and hosting seminars, identifying and providing a platform for industry discussions, and offering educational opportunities for its members through contemporary speakers. The association's activities are geared towards advancing the reinsurance broker channel and keeping its members informed and engaged in the industry.
Official website here: www.brma.org
Who is the CEO of Brokers & Reinsurance Markets Inc Association?
Frank Hand is the Secretary Tr of Brokers & Reinsurance Markets Inc Association.
Official website here: www.brma.org
What is the revenue of Brokers & Reinsurance Markets Inc Association?
Brokers & Reinsurance Markets Inc Association's revenue in 2022 was $489,572.
Official website here: www.brma.org
Who are the executives of Brokers & Reinsurance Markets Inc Association and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.brma.org
Where can I find the form 990 for Brokers & Reinsurance Markets Inc Association?
Brokers & Reinsurance Markets Inc Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.brma.org
Learn more at the official website: www.brma.org
Mission Statement of Brokers & Reinsurance Markets Inc Association
Brokers & Reinsurance Markets Inc Association, established in 1986, serves the reinsurance broker channel with the primary objective of enhancing its effectiveness in serving clients and maintaining competitiveness in the marketplace. The organization, comprising both reinsurance intermediaries and broker channel underwriting companies, strives to accomplish its goals through various initiatives.
Firstly, the Association monitors and refines industry-wide guidelines with the aid of committees. This process allows for the continuous improvement of the reinsurance broker channel, ensuring it remains well-equipped to cater to its clientele's evolving needs. Secondly, the organization produces timely and relevant white papers and hosts seminars that focus on topics of interest within the reinsurance industry. This knowledge-sharing platform enables members to stay updated on industry trends and developments.
Furthermore, the Association identifies and provides a forum for discussion on various topics pertinent to the reinsurance industry. This collective dialogue allows members to exchange ideas, share experiences, and collaborate on potential solutions to challenges faced by the industry. Lastly, the organization offers educational opportunities to its members through contemporary speakers. These sessions enable members to broaden their perspectives and enhance their professional development within the reinsurance sector.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Brokers & Reinsurance Markets Inc Association plays a significant role in enhancing the effectiveness of the reinsurance broker channel. By serving both reinsurance intermediaries and broker channel underwriting companies, the association focuses on improving their ability to serve clients and enhancing competitiveness in the marketplace.
The association actively monitors and refines industry-wide guidelines through committees, ensuring that members adhere to best practices. It produces timely white papers and hosts seminars that address current topics relevant to the reinsurance industry, providing valuable insights and fostering collaboration among its members.
Additionally, the association serves as a forum for discussion, allowing members to engage on pressing issues and share experiences. Educational opportunities are also a key aspect of the association’s mission, with contemporary speakers invited to share knowledge and expertise, further nurturing the professional development of its members. Through these efforts, the Brokers & Reinsurance Markets Inc Association significantly contributes to the advancement and efficiency of the reinsurance market.
This information is meant to be a general summary of Brokers & Reinsurance Markets Inc Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,572
- Program Service Revenue: $77,500
- Gross Receipts: $489,572
Assets and Liabilities:
- Total Assets: $820,496
- Total Liabilities: $89,648
- Net Assets: $730,848
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT FEES
Revenue
$77,500
Organization Details
Founding Year
1986
Phone
(847) 720-3666Principal Officer
Frank Hand
Main Address
3601 VINCENNES ROAD, INDIANAPOLIS, IN, 46268
Website
www.brma.orgNTEE Category
Code: S41 - Community improvement
If you are a representative of Brokers & Reinsurance Markets Inc Association and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.