Gem-Young Puts Focus On Risk Management

“We’re a family business that does business with individuals and families who require comprehensive risk management for their wealth and their assets. We believe clients want professional advice at a fair value and we deliver that by leveraging our reputation of professionalism, integrity, teamwork, and a get- it-done-right-the-first-time attitude. We believe in making a difference in our clients’ lives.”

CANFIELD, Ohio — The entrance to Gem-Young Insurance & Wealth Advisors posts the above statement as the first thing people see. The company mantra is not just a decoration. It’s the way the Daprile family has approached business since 1947, says Kristi Novotny, marketing coordinator.

Jim and Mary Lou Daprile started the company at their kitchen table and built its foundation while raising 13 children. When Leo Daprile Sr., their youngest son, took the reins in 2017, the focus was on changing the perception of an insurance agent into a risk adviser.

This philosophy allows for comprehensive risk management and wealth advisory services in one place with expert advice and custom solutions.

“With the introduction of new technology such as mobile apps, plug-in telematics that monitor and report on an individual’s driving, and a focus on cyber security for businesses and individuals, the risk management world is evolving at a rapid pace,” says Daprile Sr. “Bringing in new ways of enhancing the client relationship, while keeping the personal touch of a Valley-based agency remains our focus for 2020 and beyond.”

Leo Jr. joined his father in 2017 to become the third generation of the Daprile family at Gem-Young. He was recently promoted to director of sales.

With Leo’s youngest son, Stephen, joining in 2019, boutique advisory services and employer-sponsored benefits programs increased at a record pace.

Copyright 2024 The Business Journal, Youngstown, Ohio.