Name: Eric Springall
Company: Orgill/Singer and Associates
Type of Business: Insurance and Investments
Location: Las Vegas
Years in Nevada: 41
Years with Company: 18
Biggest business challenge:
Keeping up with the ever-changing, faster pace of doing business. The insurance industry is rather cyclical, as we have transitioned from a soft to a hard market and are finding it more difficult to provide clients with affordable coverage. Technology has also impacted insurance, causing industry experts to adapt to the implementation of technology as it affects products, services and pricing.
What do you like best about your job?
Being part of a process that provides opportunity for growth and advancement. I enjoy the fact that I am an integral part of providing those who are interested in insurance the opportunity to gain more knowledge and expertise and advance their respective careers.
How do you spend your time when you’re not working?
I enjoy spending time with my family. Taking a spontaneous trip is exciting; throw in an occasional golf outing, and I’m happy.
What would you like your legacy to be?
That I could be trusted to do the right thing, regardless of how difficult that choice may be. Sometimes in life you are faced with choices where you have to stand behind your decision regardless of the outcome, even if the consequences are more than you are willing to pay.
Favorite Business Book: Death by Meeting, by Patrick Lencioni.
Best Business Advice: Find what you enjoy doing most, then become the best at what you enjoy.
What is the most overlooked kind of business insurance?
Many businesses with fewer than 50 employees do not have employment practice liability coverage to protect them against charges by employees of wrongful termination, discrimination and the like. Even if you win the case, the cost to defend yourself in court can be staggering.