ABOUT
MOMENTUM RISK MANAGEMENT

MRM is an insurance brokerage created to address the overwhelming need in the financial advisory marketplace for a diverse firm that provides consultative risk management advice and a full suite of insurance products for individuals, businesses and organizations.

MRM provides all lines of business and personal insurance to individuals, successful families, corporations and businesses, employing our core values of knowledge, transparency, guidance, and partnership. Our risk management advisors have decades of claims experience and display excellence through discovery, advisory, program placement and renewal processes.

Our client base is located throughout the United States and comes from every background and every industry vertical. Our clients desire to work with a highly professional, ethical and client relationship-driven brokerage firm. The firm’s objective is to identify the specific needs of each client, each business owner, each family, and each organization with the goal of building a trusted partnership and crafting the best insurance program with the most comprehensive coverage, within the desired price-point available.

 

We create tailored solutions that require innovation and foresight to meet the needs of our clients, as they deal with the changes in their professional and personal lives.

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OUR MISSION

The Insurance Industry has always existed in reaction to the changing trends of society or in response to new developing risk factors. The globalization of our economy creates a constant need to meet the demand of businesses to minimize their exposure to risk.

The MRM team brings a wealth of industry background knowledge and expertise into the space of insurance and risk management.

Our experience and knowledge of the industry spans several decades, coupled with our commitment to solving problems for our clients. We create comprehensive asset and risk management programs for our clients, where insulating them from risk is at the forefront of every key decision.

Every business, organization or corporation has a unique set of risk challenges, Some known and others unknown, in their daily operations. MRM’S client review process begins with a thorough assessment of a client’s operation—reviewing all available information, existing coverage and risk factors to identify and plan the proper coverage structure to ward off exposures. Many businesses have drastic exposures to their day-to-day operations that could potentially change, financially disrupt or even close the doors of their business. MRM serves as your trusted advisor to identify your needs and protect you from risk.

 

OUR SOCIAL GOOD

MRM is connected to individuals, successful families, for-profit businesses and non-profit organizations which seek to do social good in the communities in which they do business.

MRM considers social impact a foundational principle of the firm. MRM is a social good organization that partners with other organizations that seek to enrich, invest, engage and impact the larger society.

Committing to philanthropy creates a vision for the company beyond turning a profit. Our company’s mission aligns to support individuals, families, businesses and corporations who endeavor to and currently do the daily work of representing to consumers and to the general public, the good they want to see in the world. We believe our commitment to social good as a company, and as a way of transacting business, is what truly sets us apart from our competitors.

organizations we support AND LEAd

BBC Financial Development Series, a multi generational financial training series that focuses on estate planning, money management, credit building for kids, teens, parents, middle age and seniors at Bethany Baptist Church in Newark, NJ. Co-partnered with Chase Bank, organized by Sylvia K. Alston, Trustee.

Lincoln Park Coast Cultural District, a community development corporation that centers its work on the residents of Newark, NJ focusing on Lincoln Park Coast Cultural District, a nonprofit organization and CDC. LPCCD and community activists work to foster and maintain the vibrancy of the Lincoln Park neighborhood located in the City of Newark, NJ.  LPCCD seeks to facilitate the integration of arts and culture amenities to advance local economic development, housing and neighborhood stability, and community engagement to support Lincoln Park’s transformation into a healthy, safe, and vibrant neighborhood. Sylvia K. Alston, Board of Trustees

The Black Friday Agent Network, a network distribution channel for insurance agencies and brokerages that partners with leading insurance carriers to aggregate market share and connects black owned agencies and brokerages to a larger chunk of the $1.28 trillion annual premiums in the US insurance market. Sylvia K. Alston, Founding Member- created by Ngozi Nnaji.

The BOW Collective, The Black Owner & Women’s Collective, also known as THE BOW COLLECTIVE,™ is an organization and sisterhood of the Nation's top 1% of small business owners. As "Business Philanthropists" we work together to bring awareness, business opportunities, and capital resources to black women enterprises. In addition, we actively create the pipeline of successful entrepreneurship by training, counseling and partnering with emerging businesses.  Sylvia K. Alston, SBO member.

 
 
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