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About Us
Our History
Started May 5th 1975 by James Amadei, Alfred Grippo, and Pierina Zupicich (better known as Penny Stroud), the American Special Risks Association is 44 years young! Since its early days ASRA has gone on to have thousands of members throughout the years and has promoted the interests of the Insurance Industry through networking of industry professionals and education.
Our Purpose
ASRA operates as a trade organization for insurance underwriters, brokers, administrators, reinsurers, reinsurance intermediaries and other service organizations that administer, reinsure or provide special risk and accident and health insurance and services to policyholders primarily located in the US. This has been its historical purpose and will continue to be its purpose going forward. The officers and board are volunteers and serve without compensation. All officers and board members actively participate in sponsored activities.
We strive to foster a culture of inclusion and encourage the expression of ideas and opinions among our members. ASRA recruits and maintains a diverse membership in all the various areas of services, insurance and reinsurance expertise that operate the special risk insurance business. Membership in ASRA provides members with physical access to members and the member list. The availability of these contacts furthers successful business development geographically and nationally in the operating areas of expertise. Approximately 25% of our time and 15% of our expenditures are allocated to membership maintenance and development.
ASRA sponsors educational seminars. Approximately 15% of our time and 25% of our expenditures are allocated to educational seminars.
Your Resource for Education & Networking
Please visit the Industry Resources page for valuable information related to Special Risk Underwriting and Continuing Education. Please also take advantage of our organized events throughout the year. ASRA sponsors functions where members can get together in key cities such as New York, Philadelphia, Stamford and Chicago to learn more about specialty insurance products, services, rating, and general topics of interests including regulatory and licensing. Our networking functions provide an educational environment for members to learn more about special risk insurance products, what insurers or agencies write which products and the breadth of various types of businesses that power the insurance business for various policyholders. Special risk insurance by its nature often includes risks that are outside the norm. We facilitate the opportunity for members to interface with senior insurance executives, experienced underwriters, brokers, reinsurers, administrators and producers in corporate and casual settings. Approximately 60% of our time and 60% of our expenditures are allocated to networking functions. We look forward to seeing YOU at our next function. Get out there. Take a RISK!