Insurance Brokers’ Association of NY Elects Justin Foa President
NEW YORK, NY—Justin Foa, CPCU, President and CEO of Foa & Son International Insurance Brokers (pictured right), has been elected to serve as president of the Insurance Brokers’ Association of the State of New York. Mr. Foa was elected to the Board of Directors in 2010, appointed to the Executive Committee in 2015 and sworn in as president on April 17, 2019. Mr. Foa’s father, Conrad Foa, also served as president of IBANY from 1987 to 1989.
“It is a great honor to be elected president and have the opportunity to follow in my father’s footsteps,” said Mr. Foa. “I look forward to working with the board and serving the members of this renowned organization. The Board remains dedicated to delivering expanded value to our member companies, enhancing our educational programming by highlighting timely, relevant topics that impact our industry, and identifying new opportunities for professional development and networking.” IBANY membership currently includes more than 35 Broker and Associate member companies throughout the greater New York Metropolitan area, representing thousands of insurance professionals.
Mr. Foa currently heads Foa & Son International Insurance Brokers as the President and CEO. Prior to leading Foa & Son, Mr. Foa worked for more than 10 years with multinational insurance brokerage firms, including Aon Risk Services, where he was Vice President in the Mergers and Acquisitions Insurance Division.
Mr. Foa earned his bachelor’s degree in insurance and risk management from the Wharton School of Business at the University of Pennsylvania. He also holds the Chartered Property Casualty Underwriter (CPCU) and the Associate in Risk Management (ARM) designations from the Insurance Institute of America.
In addition to his duties at Foa & Son, Mr. Foa is a member of the Young Presidents’ Organization (YPO) Metro Chapter and sits on the Chapter’s membership committee. He also serves as Board Chairman of The Tanenbaum Center for Inter-religious Understanding and is a former volunteer and President of the Columbus Citizens Foundation Young Adults Auxiliary Group.
Following the installment, IBANY’s 2019 Spring Reception took place at the Tribeca Rooftop. This year, more than 400 insurance professionals gathered to celebrate the industry in an evening of networking and relationship building.