David Poms Named 2020 Insurance Entrepreneur of the Year at The American Business Awards

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Poms’ win of the awards program’s top prize recognizes his entrepreneurship in rapidly growing Poms & Associates as an independent, privately held company, his industry leadership in risk management and loss control and his community advocacy of child welfare and school safety.

“I share [this honor] with the entire team at Poms & Associates that is helping businesses and organizations to reduce their risk, loss and cost and make health and safety core components of their company cultures.” - David Poms, founder and president of Poms & Associates

Poms & Associates, an independent, full-service insurance brokerage and risk management firm, today announced that its founder and president David Poms has been awarded a 2020 Gold Stevie® Award in the “Entrepreneur of the Year: Insurance” category at the 18th Annual American Business Awards®. Poms’ win of the awards program’s top prize recognizes his leadership in rapidly growing Poms & Associates as an independent, privately held company, his industry leadership in risk management and loss control and his community advocacy of child welfare and school safety.

The American Business Awards are the premier business awards program in the U.S. Nicknamed the Stevies for the Greek word meaning “crowned,” the 2020 awards program received more than 3,600 nominations from organizations of all sizes and in virtually every industry. More than 230 professionals worldwide participated in the judging process to select this year’s Stevie Award winners.

“This is a tremendous honor from the American Business Awards. I share it with the entire team at Poms & Associates that is helping businesses and organizations to reduce their risk, loss and cost and make health and safety core components of their company cultures,” said David Poms, founder and president of Poms & Associates. “We have no greater focus than delivering the highest level of service to our clients – and the communities in which they operate – as a means for improving and protecting people’s lives. This award inspires us to continue pursuing excellence and innovation to meet our clients’ rapidly evolving needs, especially in these uncertain times.”

Poms founded Poms & Associates in 1991 based on the premise that knowledge is the best insurance – that the best way to help businesses and organizations is to serve not only as an insurance broker but also as an educator about best practices in how to reduce risk and prevent loss before an incident occurs. With a company-wide emphasis on education and an ethic of entrepreneurship, Poms & Associates today is among the top 50 privately held brokerage firms in the U.S. with six branch offices in three states. The company has been repeatedly recognized as one of the “50 Best Places to Work in Insurance” by Insurance Business America magazine.

Over his career, Poms has been a driving force behind the creation of many public entity pools in the western U.S., including the New Mexico Public Schools Insurance Authority (NMPSIA), which helps New Mexico’s school system provide unique coverages that are not commercially available in the insurance market.

Within the past year – and under Poms’ leadership – Poms & Associates achieved a number of major accomplishments, including implementing an innovative risk management program in New Mexico schools that provided active shooter training and the tools for school administrators to make safe decisions and quickly report incidents to authorities. This training led directly to lives saved in shooting incidents in both Roswell and Aztec, N.M. Poms also helped write two school safety legislative bills that define and limit who can be armed in New Mexico’s public schools by requiring certain qualifications before an individual can become an armed security employee.

As the issue of sexual abuse continues to present a serious challenge for the insurance industry, Poms is a vocal advocate for the need for a major cultural change within companies and institutions – one where processes and tools are put in place to improve the safety of young people, and training and education are made central to enabling quick action that protects them when potential issues arise. In 2019, Poms successfully built bipartisan political support in New Mexico for legislation that created a task force to address the issue of child predators in the state’s public schools. The task force serves as a national model for schools in other states.

Poms was named to the San Fernando Valley Business Journal’s 2019 “Valley 200” list of the most influential people whose involvement, commitment and contributions help improve the local economy and quality of life. In the community, Poms supports Chaminade College Preparatory in Los Angeles; Heal the Bay, an ocean and watershed protection nonprofit group in LA County; City of Hope, a private clinical research center and hospital in Duarte, Calif.; The Leukemia & Lymphoma Society; and the Adelante Development Center, based in Albuquerque, N.M, that serves people with disabilities, seniors and disadvantaged populations.

Poms is an advocate of the international Olympic Movement and has served on the board of directors for the U.S. Olympic and Paralympic Foundation for the past eight years. He also supports the U.S. Center for SafeSport, a federally authorized nonprofit organization that is working to end all forms of abuse in sports.

“Despite the toughest business conditions in memory, American organizations continue to demonstrate their commitment to innovation, creativity, and bottom-line results,” said Stevie Awards president Maggie Gallagher. “This year’s Stevie-winning nominations are full of inspiring stories of persistence, ingenuity, resourcefulness, and compassion. We celebrate all of their stories and look forward to showcasing them during our virtual awards ceremony on August 5.”

Details about The American Business Awards and the list of 2020 Stevie winners are available at http://www.StevieAwards.com/ABA.    

About Poms & Associates
Poms & Associates is a leading independent, full-service insurance brokerage and risk management firm with a proven track record of providing innovative and customized solutions to businesses in high-risk industries. Founded in 1991, the company was built on the premise that knowledge is the best insurance – that is, the best way to help businesses and organizations is to serve not only as an insurance broker but also as an educator about best practices in how to reduce risk and prevent loss before an incident occurs. Poms & Associates today offers a wide range of products and services, including property and casualty insurance for commercial organizations and public entities, risk control, human resources and employee benefits and private services for high net-worth individuals. Among the top 50 independent brokerage firms in the U.S., Poms & Associates is headquartered in Woodland Hills, Calf. It maintains branch offices in Los Angeles, Sacramento, Calif., the San Francisco Bay Area, Albuquerque, N.M. and Dayton, Ohio. For more information, visit https://pomsassoc.com/. Follow on Twitter @poms_associates.

About the Stevie Awards
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.

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Michael Tebo
Gabriel Marketing Group
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