Quarterly news and views from the risk management experts.
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Our 100th year has been among the best in Schauer's history. The centennial has given us the opportunity to focus now more than ever on
our three guiding priorities: our clients, our employees and our community.
To that end, our team members spent over 100 combined hours sorting, packing and distributing backpacks and school uniforms to children, restocked supplies for the teacher store and organized incoming donations for Shoes & Clothes for Kids.
As our 100th anniversary year comes to a close, we’d like to take a moment to thank you for your partnership over the years. Please enjoy a wonderful holiday season with your colleagues and family.
Please read on for the latest from the Schauer Group, and I welcome your feedback now and always.
Sincerely,
David T. Schauer
President
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Schauer Group featured in
Rough Notes
magazine
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Looking back, Looking Ahead
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Having recently marked its 140th anniversary, Rough Notes is celebrating its long track record of supporting the independent agency channel by profiling agencies that have been in business for 100 years or more. This month we feature a firm that is celebrating its centennial this year.
By Elisabeth Boone, CPCU
Then … In 1919, Alfred T. Schauer founded Schauer & Reed Insurance Agency. He built a successful business and was never hindered by his blindness. After his death in 1945, his wife, Marie A. Schauer, managed the business while her only son, Thomas, attended college. After earning his insurance degree from The Ohio State University, Thomas began his career at Schauer Group in 1950. In 1953 he bought the business from his mother. He knew that to be successful, he would have to be more knowledgeable than the competition and believed that the formula for success and longevity was integrity and commitment to clients and the community.
Now … Tom’s sons, David and Bill, have grown Schauer Group into one of the largest independent agencies in Ohio. Today a new team of young professionals, led by the fourth generation of the Schauer family, continues to build on long-held principles and lead this 100-year-old company forward.
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MARKET UPDATE
MANAGEMENT
LIABILITY INSURANCE
Management Liability insurance experts are continuing to see signs of a Directors & Officers (D&O) hard market through 2020 (increases in pricing, retentions and restrictions in coverage). We are unfazed by the changing market or challenges that lie ahead. As we have when the executive liability marketplace was more buyer friendly, we will strive to negotiate the best possible coverage, for the best possible premium. We recommend reading the article “Private Company & Not-for-Profit Organization Management Liability Insurance” from RT ProExec Market Update for more about the state of this important coverage.
—Diane Schultz
Vice President, Risk Management
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Schauer adds
two new associates
to
talented team,
promotes six
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Drew Stelzer,
CLIENT EXECUTIVE, CLEVELAND
Drew serves as a client executive for the Cleveland office, with an emphasis on property and casualty insurance. Prior to joining Schauer Group, he worked as a college football coach and most recently was a financial planner. He received his bachelor’s degree in economics from Allegheny College. Drew serves on many non-profit boards, including HandsON Northeast Ohio, the Greater Cleveland Film Commission and The Cleveland Leadership Centers Leadership Council.
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Brandyn Neal,
SALES INTERN
Brandyn is a senior studying finance at Walsh University. He has gained valuable experience in leadership and business development while running The Garage, Walsh University's on-campus Business Incubator, for the last three years.
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Schauer Group promotes associates
Brianna Fickeisen has been promoted to Senior Client Manager.
During her tenure at Schauer, Brianna has assumed the servicing of all surety and contract bonds in the firm, in addition to servicing a large book of construction P&C business. Brianna holds her CISR designation.
Michelle Garber has been promoted to Senior Client Manager.
She recently joined Schauer with nearly 20 years of insurance experience. She has her CISR and CIC designations, and is currently working on obtaining her CRM, all in an effort to deepen her coverage knowledge.
Melissa McCracken-Webber has been promoted to Senior Client Manager.
She handles a high volume of accounts ranging in size and complexity. She actively tests new procedural enhancements in order to streamline servicing workflows. Melissa has her CISR Elite designation.
Carolyn Nupp has been promoted to Senior Accounting Manager.
She is instrumental in maintaining and reconciling our account receivables and payables. Over the years, she has helped to establish many controls for various accounting procedures and payment security.
Tim Hudec has been promoted to Vice President.
He is a vital member of his team, enabling significant new business production in recent years. Tim has a strong command of coverages and exposures, with deep experience on sophisticated and complex risks.
Taylor Schauer has been promoted to Vice President.
He has contributed substantial new business production to his team. He maintains a high retention rate and is a strong advocate in helping his clients navigate challenging claims. In recent years, Taylor assumed oversight of our surety business.
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PHOTO GALLERY
Trick or Treat Fun
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SERVICE SPOTLIGHT:
Taylor Schauer named Early Child Resource Center board chair
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The Early Childhood Resource Center
offers a wide-variety of programs focused on child development. These programs provide direct services not only to the children, but also to the parents and professionals in our community that work with children. The organization's mission is to
promote the healthy development of young children by strengthening families, improving quality of early learning experiences, increasing school readiness, and informing public policy.
Taylor has served on the board of the Early Childhood Resource Center for six years and was recently named board chair. He also serves as a team member on the new Strategic Planning committee.
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With offices in Canton and Cleveland, Ohio, Schauer Group, Inc. is one of the largest independently owned insurance and risk management firms in Ohio, providing risk management, business insurance, human capital services, employee benefits, contract surety and personal insurance to a variety of clients nationwide. As the nation’s first ISO Registered Independent Insurance Agency, Schauer Group maintains a commitment to quality and excellence, achieving an industry-leading 95 percent client retention rate. The fourth generation, family-owned company is celebrating its 100th anniversary in 2019. For more information, visit
www.schauergroup.com
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200 Market Ave. N, Suite 100, Canton
9200 South Hills Blvd., Suite 145 Broadview Heights
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CONNECT WITH US ON LINKEDIN & DISCOVER CURRENT JOB OPENINGS
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