Posted: October 06, 2011
Top Company 2011 finalist: IMA Financial GroupBy the staff of ColoradoBiz
IMA Financial Group
Years in business: 37
CEO: Rob Cohen (watch an interview with Rob on ColoradoBiz TV)
Company snapshot: IMA Inc., a retail insurance broker, is a subsidiary of The IMA Financial Group Inc., a diversified financial services company. Consistently ranked amongst the top 20 independently owned brokers in the United States, the employee-owned company offers a full range of risk management related products with offices in Dallas, Denver, Kansas City, Topeka and Wichita.
Notable practices: Because IMA is independent and employee-owned, it has a lower cost of doing business. It can re-invest in the company and is not beholden to produce profits for Wall Street shareholders. The company's financial-services practice helped numerous public and private companies navigate the 2007-2009 credit crises while retaining professional liability coverage.
Community involvement: The IMA Foundation gives a minimum of 2.5 percent of IMA's profits annually in order to meet its mission of making a difference in the communities in which its employees and clients live and work. IMA employees on average participate in 4,000 hours of volunteer work each year, including work with 30 local nonprofit boards. The company's Community Action Committee raises and donates money to charities selected and supported by IMA employees.