NAME: Steve Adamjee
NEW JOB TITLE: Chicago-based vice president/producer, USI Insurance Services Inc.
PREVIOUS POSITION: Chicago-based client executive, Hylant
INDUSTRY OUTLOOK: It can be hard for some to think about the future given the current market conditions both before the pandemic and during. Most businesses are struggling in one way or another. The leaders in our industry are lobbying and fighting for change to allow businesses to protect themselves in a cost-efficient manner. As it pertains to growth of the industry, I sit on the executive board of the Rising Risk Professionals and serve as the liaison into the RIMS Chicagoland chapter. We continue to see more and more energetic talent entering the insurance industry. The opportunities are endless and there is a position that can truly fit anyones strength or preference. People are realizing that. I think as an industry we are doing a good job of educating the next generation. The future is bright.
GOALS FOR NEW POSITION: Building and serving a robust clientele by consistently delivering financially impactful risk and insurance solutions that exceed client expectations.
CHALLENGES FACING THE INDUSTRY: Before COVID-19, the insurance marketplace had been raising rates/prices while restricting coverage over almost every line of insurance. A lot of this is due to the cost of litigation, nuclear judgments and now insurance companies are reacting. Our clients now experience the increase in prices and less coverage.
FIRST EXPERIENCE IN THE INDUSTRY JOB MARKET: My father was an insurance broker, and I worked for him throughout high school as a client service representative.
ADVICE: Learn as much as you can, meet as many people as you can and provide value to as many people as you can.
OUTSIDE THE INDUSTRY, A DREAM JOB: Professional golfer
COLLEGE MAJOR: Business communications, Spanish
LOOKING FORWARD TO: Working alongside talented, driven individuals, developing new relationships and nurturing existing relationships.
FAVOURITE MEAL: Anything Mediterranean
BOOK: Think and Grow Rich, by Napoleon Hill
HOBBIES: Golf, taking my dog on walks, fish, hike and spend time with family.
TV SHOW: Breaking Bad
ON A SATURDAY AFTERNOON: Long walk or hike with the family.
