Award Will Be Introduced to Royce Cross, Chairman of Cross Insurance coverage, on October 4, 2024
Royce Cross, Chairman of Cross Insurance coverage, will obtain the Insurance coverage Library’s 2024 Insurance coverage Skilled of the 12 months Award. Sonya Ross, the Library’s President and Board Chair, will current the award at a luncheon gala on Friday, October 4, on the InterContinental Boston.
An Expansive Profession
Mr. Cross started his profession at Cross Insurance coverage in 1970, manually typing insurance policies beneath the steering of his father, Woodrow Cross, founding father of the company. Royce took on higher tasks over time and was named President of the group in 1983, later taking up the function of Chairman.
Over greater than 5 a long time, Mr. Cross has helped form and steer his household’s namesake company into turning into not simply an insurance coverage staple of Bangor, Maine, however one of many largest insurance coverage suppliers in New England. As the results of greater than 170 mergers and acquisitions, Cross Insurance coverage now has greater than 1,100 staff in additional than 50 places of work in Maine, Massachusetts, New Hampshire, Vermont, Rhode Island, Connecticut, New York, and Florida.
“This award may be very a lot about my father and his contribution to the enterprise,” remarked Jonathan Cross, CEO of Cross Insurance. “On the coronary heart of this legendary journey is a person that loves his enterprise, loves this business, and is at his greatest when he’s doing a deal. For a number of years now I’ve challenged others within the business to search out me another person that loves this enterprise greater than my father, and thus far no one has but to search out one.”
Broad Vary of Merchandise and Shoppers
Cross Insurance coverage gives an intensive vary of insurance coverage and monetary merchandise, together with private and industrial strains insurance coverage, worker advantages, and surety bonds. Its clients vary from people and sole proprietors to massive personal and publicly traded corporations. Amongst its extra well-known purchasers are the New England Patriots, the New England Revolution, and the Boston Crimson Sox.
Historical past of the IPYA
The Insurance coverage Skilled of the 12 months Award was first made potential by the institution in 2001 of the Richard B. Simches Fund. Mr. Simches, who based Security Insurance coverage Firm, believed that it was necessary to acknowledge excellent people within the insurance coverage business. The award was created by the Library’s Board of Trustees within the custom of an award bestowed yearly from the Fifties by means of 1996 by the Boston Board of Hearth Underwriters.
Since 2002, when the Library first introduced this award, a broad cross part of members of the insurance coverage, monetary safety, danger administration, and authorized communities has gathered to acknowledge a person who demonstrates excellent management and exemplifies qualities that foster dedication to, understanding of, and respect for the insurance coverage business.
