CEO Today - September 2019 Edition

FINDING SUCCESS THROUGH FAILURE 17 www.ceotodaymagazine.com Finding Success Through Failure: Fairbanks Insurance Brokers’ Story How many of us would risk stepping out of bed in the morning if we knew we would slip and fall, thus breaking an ankle walking to the bathroom? How many of us would risk driving to work if we knew we would crash our vehicle leaving the driveway? Moreover, how many of us think construction workers would risk erecting a multimillion-dollar structure if they knew a simple construction-defect error would result in a costly lawsuit, potentially bankrupting their business and causing them to lose the roof over the heads of their wife and kids? When tragic outcomes are guaranteed, we tend to play it safe by avoiding risks altogether. Unfortunately, we cannot predict the future and sometimes we gamble with fate only to find ourselves in regrettable, life-altering situations. I have personally been here before, which is why I devoted my second career towards providing contractors with a safeguard to protect them against businessrelated dangers of risk. With Fairbanks Insurance Brokers, our policies allow you the peace of mind to not worry about what’s outside of your control, but to take advantage of what’s in your control. And that’s our promise to you. Jason Fairbanks, Founder & CEO of Fairbanks Insurance Brokers Inc. What I do My name is Jason Fairbanks. I am the Founder and CEO of Fairbanks Insurance Brokers Inc., a commercial-insurance brokerage specializing in contractor’s insurance coverage for builders and tradesmen working within the construction industry. From your neighborhood handymen to the corporate CEO’s, my main objective is to provide as many contractors and artisans the quality coverage they require at unbeatable rates, while offering a service that keeps them coming back job after job, year after year. My specialty services include general liability, worker’s comp, commercial auto, surety bonds, and tool coverage. I cover all kinds of trades such as drilling, electrical, plumbing, roofing, landscape, carpentry, and much more. My Purpose Having previously worked within the construction industry myself, I have a high respect for construction workers and grew to believe they play an irreplaceable role in building the America we see and live in today. Through their sweat and tears and by their bare, blistered hands, sun-burnt faces and strained backs, they build America’s great infrastructures from the ground up and risk a great deal when doing so. For example, they risk their lives floating in the air, thousands of feet high building our skyscrapers and God forbid if in any situation their measurements are off, because a simple mistake can cost them a fortune in the courtroom. I made the decision that I would have the backs of these brave, well-meaning professionals when things go wrong. These incredibly hard workers deserve it. In addition to having a high respect for contractors, I strongly value the wellbeing and prosperity of families. Family is the foundation of our society and the source giving meaning to our lives. Where construction work makes up about 20% of the US workforce, that means over 15 million American families benefit from insurance coverage and suffer consequences from the

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