A recent article written by Lonce Lamonte of Adjustercom.com outlines the circumstances leading to IEA’s change of status and new management earlier this year. Having led the market in high quality professional training and education in insurance and risk management for decades, IEA suffered several successive years of declining enrollment. The resulting financial stress meant a sharp downturn in staffing, and limited resources needed to respond nimbly to the training needs of a changing marketplace.

When COVID-19 hit, an already shaky institution was dealt a final blow, and IEA ceased operations.

As wrap-up of the entity took place, former CEO, Gina Magee, sought buyers for its assets. Michael Sullivan and Associates, 
a defense law firm and publisher of Sullivan on Comp, purchased IEA’s trademark and logo, as well as many of its legacy certificate and designation programs including: Workers Compensation Claims Administration Certificate, (WCCA), Workers’ Compensation Claims Professional, and the Claims Practitioner in Workers’ Compensation (CPWC).

The Certified Professional in Disability Management, (CPDM), currently undergoing significant updates, is also part of the purchase agreement.

Michael Sullivan, General Managing Partner of Michael Sullivan and Associates,  values the IEA brand as an independent entity:
“I want to make sure IEA’s brand maintains integrity.  It doesn’t exist just to service the well-being of the (law) firm. It’s its own entity and it’s there to serve the community.”

Thousands of industry professionals have looked to IEA as the long-standing premier provider of professional designations in property casualty, workers’ compensation, risk management and disability management. Many graduates of IEA programs have welcomed the news that the 100 year old legacy of IEA is protected, and its mandate to serve the community endures for the benefit of future generations.

Read the full article published by adjustercom.com here