National African American Insurance Association Charters 3 new chapters

The National African American Insurance Association (NAAIA) announced the creation of three new chapters: Arkansas, Colorado and Los Angeles.

The three new chapters join these 18 existing and pending chapters: Atlanta, Boston, Chicago, Cleveland, Columbus, Dallas-Fort Worth, Detroit, Florida (Tallahassee), Hartford, Houston, Indianapolis, Kansas City, New York, Philadelphia, San Francisco, Saint-Louis and Washington DC

George Woods, the former NAAIA Chapter Development President, thanked new Chapter Presidents Ivan Hudson in Arkansas, Peter Carter in Colorado, and Meka Moore in Los Angeles for their work in organizing the new chapters.

“These leaders, the training teams, the local board, members and supporters have worked hard to make this fantastic moment of their trip and the National Council is delighted to welcome everyone into the NAAIA family,” said Woods.

The NAAIA was founded by Jerald L. Tillman in 1997 in Cincinnati and licensed as a 501 (c) (6). The mission of NAAIA is to increase the number of African Americans employed in the insurance industry at all levels and in all disciplines and in all industries.

According to 2016 data from the Bureau of Labor Statistics, African Americans make up 11.9% of the country’s total workforce and 11.1% of the insurance workforce. Blacks do a little better on claims – 15.1% of adjusters are African-American – but a little worse on underwriting – 9.6% of insurers are African-American.

Participants ranked the main barriers to entry into the insurance industry by African Americans as follows: lack of exposure to the industry; lack of networks; lack of experience; Racial prejudice; lack of school preparation and gender bias.

Race is often said to be a factor in hires, promotions and new assignments, as well as their inclusion in key meetings, social events or opportunities with clients, according to interviewees.

Original Article From: https://www.thebharatexpressnews.com/national-african-american-insurance-association-charters-3-new-chapters/
By  The Bharat Express News

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