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WHO WE ARE

Lee Risk Management is comprised of a team of outstanding insurance and business professionals who work together to deliver high quality advisory services, insurance placement, claims handling and risk management to a wide sector of clients in the public entity and non profit space.  Its leadership includes CEO Sandra K. Lee, whose majority ownership allowed Lee Risk to earn certification as a Minority Owned Business and Women Owned Business in New York State.

LEE RISK MANAGEMENT

OUR CAPABILITIES

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CORE COMPENTENCIES

  • Full-service insurance agency providing commercial and personal lines, individual & group life and employee benefits

  • Sector specialization in Public Entities, Non-Profits, Financial Institutions, Medical Practices, Professional Service firms and small business coverages

  • We have access to all  major carriers with wholesale access to many more

  • Provide comprehensive insurance programs encompassing  Property, Casualty, Auto, Workers Compensation, Umbrella/Excess, Cyber, Professional Liability, Construction, and Group Benefits coverages

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PERFORMANCE
& PLACEMENTS

  • Public Entity Relationships:

    • DASNY – GL/Excess, Boiler, D & O, Crime (Premiums - $  6M+)        

    • MTA – Boiler and Machinery (Premiums - $  500K+) 

    • MTA – OCIP – Recently Awarded  

    • New York Power Authority

    • NYC Health & Hospitals Corp.   

  • Representative Private Sector and Non-Profits clients:

    • ICBC Bank

    • Bank of China

    • Charles B. Wang Community Center

    • Museum of  Chinese in America

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DIFFERENTIATORS

  • Oldest and most experienced insurance agency in New York’s Asian community

  • Over 30 years of experience in Public Entity sector

  • NYS Certified MWBE since 1992

  • Boutique agency focusing on high quality, personalized service

COMPANY CONTACTS

Contacts:​

Stephen Boon, President, sboon@leerisk.com

Clayton Young, Managing Director, cyoung@leerisk.com

Jonathan Kao, Managing Director, jkao@leerisk.com

Telephone: 212-962-2232

URL: www.leerisk.com

OUR TEAM
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CEO & Chairperson

President &

Chief Operating Officer

Chief Financial Officer

Senior Account Executive & Risk Manager

Managing Director

Director & Insurance Advisor

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LEE RISK MANAGEMENT'S BACKGROUND

Lee Risk Management Inc. with its predecessor name, Harold L. Lee & Sons, Inc. became active in providing services to public entities, joint venturing with large multinational public insurance brokerage houses and offering direct insurance placement to city and state agencies since the early 1990’s.  One of its first contracts was working the Consortium of Minority Brokers to provide full insurance coverage for the Democratic National Committee and the 1992 Democratic National Convention.  From that successful program, where there were minimal claims, a substantial savings in premium for the client compared to previous conventions and comprehensive risk management and loss control, it put Lee Insurance on the map. Lee Insurance was sought after to participate in other public entity insurance and joint ventures with majority brokers. 

 

Since the early 1990’s Lee Risk Management, Inc., previously known as Harold L. Lee & Sons, Inc. (Lee Insurance), has been active in providing insurance services to public entities through partnerships with large multinational public insurance brokerage houses and offering direct insurance placement to city and state agencies. One of Lee Risk’s first contracts was working with a Consortium of Minority Brokers to provide full insurance coverage for the Democratic National Committee and the 1992 Democratic National Convention. That successful program, which included minimal claims, a substantial savings in premium compared to previous conventions, comprehensive risk management and loss control, put Lee Insurance on the map. Lee Insurance has since been sought after to participate in other public entity insurance programs and partnerships with majority brokers.

 

Before long, Lee Insurance became active in placement and risk management for a number of public entities and agencies such as the NYC Economic Development Corporation, NYC Housing Authority, NYC Health & Hospitals Corporation, the MTA, Long Island Railroad, MetoNorth, US General Services Agency, US Small Business Administration and the Dormitory Authority of the State of New York.

 

Today Lee Risk Management assists and helps manage a portfolio of insurance services for specific coverage such as Boiler & Machinery, Workers Compensation, Directors & Officers  Liability, Cyber Liability,  Crime/Fidelity, Professional/Management Liability, Property and General Liability. Services provided include There is also strong expertise and focus on Claims management, loss control services and Risk Management.

 

Active NYS MBE/WBE Certification

 

Active Certification as Minority Owned Enterprise and Women Owned Enterprise in New York State until 2024 when recertification will be secured.

 

Affiliations

 

Lee Risk Management Inc, has been actively involved in industry associations and other business disciplines:

  •   Chinese American Insurance Association (CAIA)

  •    Insurance Federation of New York (IFNY)

  •    Independent Insurance Agents and Brokers Association (IIABA)

  •    Professional Insurance Agents (PIA)

  •    National Association Chinese American Bankers (NACAB)

  •    NY Chinese Bankers Association

  •    NY Chinese Chamber of Commerce

GET IN TOUCH / CONTACT US

31 Pell Street, New York, NY 10013

TEL: 212-962-6656

FAX: 212-233-1421

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