Sunday, January 29th, 2023

The Large “I” president and CEO Bob Rusbuldt to retire in 2023

Rusbuldt joined the Large “I” in 1986 and took on the CEO function in 2001 after main the affiliation’s authorities affairs division for a few years. Throughout his time with the affiliation, he has overseen main initiatives, together with:

  • The inception of Large “I” Markets (a market entry program for agent members);
  • The formation of BIRC (a reinsurance firm) and InsurBanc (a financial institution catering to impartial insurance coverage companies);
  • The implementation of Trusted Alternative® (a advertising and marketing model for members) and (a consumer-facing agent locator and firm);
  • The creation of Large “I” Hires (a nationwide hiring useful resource for the impartial company channel); and
  • The institution of the Trusted Alternative Catastrophe Reduction Fund and COVID-19 Reduction Fund for member companies in want, amongst different notable improvements.

Most lately, Rusbuldt steered the affiliation by the COVID-19 pandemic and the celebration of the affiliation’s one hundred and twenty fifth anniversary. Moreover, he was acknowledged for his contributions to the trade through the years, together with being named considered one of Insurance coverage Enterprise journal’s world’s prime insurance coverage leaders on its World 100 record.

Commenting on the insurance coverage chief’s retirement, Bob Price – president of Price Insurance coverage in Kansas and Large “I” speedy previous chair, who presided over the Large “I” board assembly – stated Rusbuldt’s affect on the affiliation, its impartial agent and dealer members, and the trade “can’t be overstated.”

“The impartial company system is stronger and higher at present, due to greater than 20 years of Bob’s unimaginable management. Along with his drive, work ethic, and real dedication to our members, he’s a changemaker who has elevated the IA channel. Bob’s shut relationships with so many key gamers within the trade have made an indelible mark,” Price stated.

As a part of the turnover course of, the Large “I” government committee named Charles Symington (senior vice chairman for exterior, trade, and authorities affairs) Rusbuldt’s successor, efficient August 31, 2023.

Like Rusbuldt, Symington has an extended historical past with the Large “I,” having been with the affiliation since 2004. He oversees federal and state authorities affairs, political affairs, grassroots, trade relations, and communications and media affairs.

Commenting on Rusbuldt’s successor, Price stated: “Charles is the proper alternative to guide our affiliation going ahead and constructing on Bob’s legacy. Along with his in depth trade expertise in each the private and non-private sectors and his impeccable connections on Capitol Hill, the Large ‘I’ will probably be properly positioned for additional development and energy sooner or later. Our agent leaders and workers have all the time revered Charles and loved working with him, and we stay up for seeing the place he takes our group within the years forward.”

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