Tuesday, November 14, 2017
The 2018 AALU Annual Meeting
A resident of Philadelphia, Lawrence “Larry” Koresko is the president of Insmax Insurance Brokerage. Lawrence Koresko maintains membership in the National Association of Independent Life Brokerage Agencies and the Association for Advanced Life Underwriting.
Founded more than 60 years ago, the Association for Advanced Life Underwriting is a Washington, DC-based organization that advocates for the life insurance industry. Members have the opportunity to learn from industry experts at events such as the AALU Annual Meeting.
The AALU Annual Meeting serves as a leading forum for networking and professional development. In addition to workshops and presentations, the meeting includes activities such as a walk/run and a night out in DC. Attendees also have the opportunity to take part in visits to congressional representatives to make their voices heard.
The 2018 event will be held April 29-May 1 at the Washington Marriott Marquis. For additional information, visit www.aalu.org/annualmeeting.
Tuesday, October 17, 2017
What is Bolognese Sauce?
In his role as the president of Insmax Insurance Brokerage, Philadelphia resident and business consultant Lawrence “Larry” Koresko works professionally with a wide range of insurance carriers and financial professionals. Outside of his professional work, Lawrence Koresko enjoys travel and his favorite food: spaghetti and meat sauce.
One of the more traditional meat sauces found today is Bolognese, an Italian sauce that originated in the Bologna region. A variety of recipes exist for the sauce that include ingredients such as celery, carrots, tomatoes, and onions. However, meat is the main ingredient in Bolognese. The sauce can be made with beef, pork, bacon, pancetta, or any combination of meats, and this causes it to differ in flavor that other tomato-based sauces.
This difference is due in part to the presence of other simmering liquids such as milk or some form of dairy, cooking wine, and stock. However, Bolognese also incorporates fewer tomato products and features a larger proportion of meat compared to other sauces. Instead of a light, acidic flavor found in tomato-based sauces such as marinara, Bolognese has a very rich and complex flavor profile.
Thursday, July 20, 2017
The 36th Annual NAILBA Meeting
For more than three years, Lawrence “Larry” Koresko has served as the president of Insmax Insurance Brokerage, Inc., based near Philadelphia, Pennsylvania. In his role, he focuses his efforts on guiding the company’s overall growth strategy. Apart from his everyday professional duties, Lawrence Koresko maintains membership in the National Association of Independent Life Brokerage Agencies (NAILBA).
Registration is currently open for the 36th annual NAILBA conference, which will be held in Hollywood, Florida, at the Diplomat Beach Resort and Spa on November 16-18, 2017. NAILBA members should have already received an email containing discount information and registration instructions. As per usual, every agency that holds a membership gets one free registration per agency.
To receive the discounted room rate, attendees should call the hotel directly at (954) 602-6000 and indicate they will be staying for the NAILBA conference. The hotel reservation deadline is October 19, 2017. For more information about the event or how to register, call the NAILBA office at (703) 383-3081.
Wednesday, July 12, 2017
Eligibility for the NAILBA Agency Successor Networking Group
A former partner with Koresko Financial, Lawrence “Larry” Koresko now serves as the president of INSMAX Insurance Brokerage, Inc., from his headquarters in Philadelphia. Beyond this, Lawrence Koresko retains membership to the National Association of Independent Life Brokerage Agencies (NAILBA), a leading insurance agency organization.
NAILBA created its Agency Successor Networking Group (ASNG) in 2011 to provide leadership and skills training to those transitioning into roles as the principals of their insurance agencies. To enroll in the ASNG, prospective participants must meet at least two of the following requirements:
1. Has served as an agency principal for less than three years.
2. Owns a 25 percent stake in an agency and has at least a verbal promise from the sitting principal that the participant will succeed said principal.
3. Has received written or verbal confirmation of succession to an NAILBA agency and will ascend to principal status within five years.
4. Received a recommendation and commitment from their agency’s current principal that he or she will succeed said principal within the next five years.
Wednesday, June 28, 2017
Three Tips for Choosing the Right Motorcycle Helmet
An insurance industry professional with over two decades of experience, Lawrence “Larry” Koresko operates as the president of Philadelphia-based INSMAX Insurance Brokerage, Inc. Away from his work, Lawrence Koresko is a keen motorcyclist. Here are three tips for selecting the right motorcycle helmet:
1. Weight: Helmets typically weigh between 1,400 and 1,800 grams. Though a lighter helmet may seem like the most attractive option, the fit is the key decider when choosing a helmet weight. You should look for a helmet that fits in such a way that the weight distributes evenly across your shoulders and head, as even lighter helmets cause strain when fitted poorly.
2. Avoid second hand: Though second-hand helmets come with lower price tags, they may also have been involved in previous crashes. Each crash damages the structural integrity of the helmet, meaning a second-hand helmet may offer less protection than needed.
3. Minimum standards: The United States Department of Transportation (DOT) has created a minimum safety standard for motorcycle helmets. Avoid any that don’t carry the DOT label.
Saturday, June 17, 2017
The AALU’s Three Advocacy Focuses
Headquartered in Philadelphia, Pennsylvania, Lawrence “Larry” Koresko oversees the operations of IN$MAX Insurance Brokerage, Inc. as its president. Further, Lawrence Koresko serves as a member of the Association for Advanced Life Underwriting (AALU), which has served as a leading voice in the life insurance community for over half a century. The AALU focuses its advocacy on the following key areas:
1. Life insurance – The AALU advocates for the protection of the current tax regulations surrounding life insurance products to ensure the 75 million American families that rely upon them do not face unexpected costs.
2. Regulation – In the wake of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which changed various aspects of insurance regulation, the AALU works to ensure its members can properly serve their clients under while complying with new regulations.
3. Estate and gift tax – The AALU works towards permanent reform in the estate and gift tax sectors with the aim of providing businesses and families with the tools needed to plan for their futures effectively. In particular, it aims to uphold the reuniting of the lifetime exemptions from gift and estate taxes to encourage more effective planning.
Monday, June 5, 2017
NAILBA University Provides Education Opportunities for Members
Since 2014, Lawrence (“Larry”) Koresko has served as the president of Insmax Insurance Brokerage, Inc. in Philadelphia, Pennsylvania. Lawrence Koresko is a longtime member of the National Association of Independent Life Brokerage Agencies (NAILBA), a professional organization serving the insurance industry.
In addition to providing numerous practice benefits for individuals in the insurance sector, NAILBA offers a full range of educational and training opportunities via the NAILBA University program. Designed to support professional development in the brokerage community, NAILBA University offers training modules for business owners, carrier staff members, and independent producers. NAILBA members enjoy substantial discounts on courses at NAILBA University, as well as free educational resources for their agencies.
Educational offerings at NAILBA University include the Recruitment Practices Workbook, a detailed working document that includes best practices from agents throughout the brokerage community. Members can also participate in the Agent Training Series, which includes coursework in life insurance products, annuities, and ethical conduct.
To learn more about educational programs at NAILBA University, visit www.nailba.org.
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