John Ritenour Brings Risk Expertise to the Sports Industry
Nothing on earth is more entertaining than a thrilling, heart-pounding sporting match. A packed stadium with 60,000 fans, all on the edge of their seats, cheering and hoping for a victory is an incredible thing. What the fans don’t see is the inherent and unique risk that every sport carries. Injuries to players are the most obvious, but the safety of fans, weather, and even a global pandemic are all risks that team executives need to address. John Ritenour, co-founder of the Insurance Office of America (IOA) plays a key role in covering that risk and bringing sports to the people.
It all began with the Orlando Magic. Team executives recognized their unique insurance needs and inquired about the IOA sponsoring the team. The IOA agreed to explore the team’s policies to determine and provide exactly what they needed. This led to the idea of exploring partnerships with other sports franchises, which eventually resulted in the formation of the IOA Sports Partnerships Division. Now the division includes partnerships with storied franchises like the Las Vegas Raiders, Jacksonville Jaguars, Charlotte Hornets, Memphis Grizzlies, and Washington Wizards.
Identifying risks and determining the proper coverage can be a daunting endeavor, especially in the sports industry. Team executives need to protect their multibillion-dollar franchises, but can’t always navigate the complex risk environment. One of John Ritenour’s top priorities is to educate his clients. This way they can purchase the most appropriate coverage for their situation, and avoid unforeseen gaps that could cost them millions of dollars.
John Ritenour is an insurance expert. He has found a way to adapt his expertise to the unique and complex needs of the sports industry. His knowledge, vision, and passion have been pivotal to the protection, and continued growth of sports.
Learn more about John: https://johnritenour.me/