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October 22, 2018 Family Business Awards 2018

Bongiovanni Insurance & Financial

Members of the Bongiovanni family who work in the business: (Top row from left) Ty Bongiovanni, Trey Bongiovanni and Terry Bongiovanni. (Bottom row from left) Nicole Grillo and Eileen Bongiovanni.

2nd Place — Less than 25 full-time employees category

Bongiovanni Insurance & Financial

Headquarters: Meriden

Industry: Insurance & Financial Services

Year Founded: 1987

Founder: Terry D. Bongiovanni

Generation Currently Running Company: 2nd

No. of Full-Time Employees: 7

No. of Part-Time Employees: 2

Family Members Currently Employed at Company: Terry Bongiovanni, Founder and Partner, father; Eileen Bongiovanni, Office Manager and Partner, mother; Ty Bongiovanni, Managing Partner, son; Trey Bongiovanni, Managing Partner, son; Nicole Grillo, Director of Health & Wellness, daughter.

Company Website: www.bifct.com

Bongiovanni Insurance & Financial provides insurance and financial services to businesses and individuals of all sizes and types. It specializes in employee benefits, business insurance and retirement plans for small- to mid-size companies and Medicare coverage, individual insurance, auto/home insurance and financial planning.

Recent accomplishments

Bongiovanni Insurance & Financial celebrated its 30th anniversary in the last 12 months and was awarded “Best Investment Firm” and “Best Insurance Agency” by the Record-Journal Readers Choice awards. Ty Bongiovanni was awarded “Top 4 Under 40” by the National Association of Insurance Agents and Financial Advisors and named “Volunteer of the Year” by the United Way of Meriden/Wallingford; Eileen Bongiovanni was named Howard Houston “Citizen of the Year” by the Meriden Rotary club.

How do you remain competitive in the market?

We believe that remaining competitive in the ever-changing industries we work in is directly related to the level of service we provide. With each relationship we build with a client we focus on three pillars of service. First, is to be reliable. Second, is to be accessible. Our third pillar of service is credibility.

How do you instill your family values in your employees?

As a family we believe deeply in giving back to the community we serve. Each of us has chosen a path of service through many great organizations in our area, including Kiwanis, Rotary, the Boys and Girls Club, Girls Inc, the United Way and many others. We also believe in giving our employees every opportunity to do the same, both through work and outside of work.

What is the biggest challenge to your business in the coming year?

Our biggest challenge in the upcoming year is the same it has been in the past 10 years — uncertainty in the marketplace. Insurance and financial services are constantly evolving. Being ahead of the changes and regulations that are inevitably made each year is a responsibility we take seriously and a challenge to continuously accomplish.

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