On Wednesday, October 8, 2014 at the BWI Marriott in Linthicum Heights, Maryland, RCM&D, the region’s leading insurance advisory and risk management firm, partnered with MacKenzie Companies, the full-service commercial real estate firm, to provide top-tiered clients from both companies a market update by economist Anirban Basu of Sage Policy Group. Basu’s presentation on Maryland’s current economic status was complemented by a Terrorism Risk Insurance Act (TRIA) update provided by Joel Wood, Senior Vice President of Government Affairs for The Council of Insurance Agents & Brokers (CIAB).
“We’re excited to partner with RCM&D this year to provide an informative and beneficial event for our clients. Their commitment to our community matches our own,” said President of MacKenzie Commercial Real Estate Services, LLC J. Scott Wimbrow. “Economic development starts at a local level with local businesses.”
ABC News’ Jamie Costello provided emcee duties, introducing both Wood and Basu, bringing the crowd of close to 300 together early this morning for networking and presentations. Wood’s discussion on TRIA highlighted the changes that would need to be made within Congress for the Act to be renewed. Basu continued a politically highlighted conversation focusing on the national and local economy. Notably, the National economy has gained momentum over the course of the 2014 with “tailwinds” including a booming stock market, lower gasoline prices, a stabilizing global economy, and consumer expenditures on interest rates sensitive durable goods like housing and automobiles.
“Our two teams were a great complement today, bringing together hundreds of regional business leaders from a diverse set of industry backgrounds for a terrific event,” stated Bob Cawley, President, RCM&D.” “It was a dynamic morning with our long-standing partners.”
Designed to help business leaders remain informed of current economic policy and emerging business trends within our regional market, the conference focused on delivering data driven information and an in-depth look at current market conditions so they may prepare their businesses for the coming year. In addition to providing this information at zero cost to the client, the event brought together some of the area’s most notable business leaders for networking opportunities in a relationship intensive environment.