Private security contracting is an approximately $13 billion industry in the US, with 11,000 to 15,000 companies employing some 1.2 million contract security officers, according to The National Association of Security Companies. Karen Izzo, president of Izzo Insurance Services in Elmwood Park, IL, says the trend toward more training of security guards is welcome. When security guards know what they're supposed to do, when they're supposed to do it and how they're supposed to do it, then everyone benefits, Izzo says. Karen agrees that September 11 was a watershed for the security guard industry. Karen sees continuing strong growth for the security guard industry. One of the largest and oldest writers of security guard business is Brownyard & Co, according to its president, Torrence Brownyard. Brownyard says the insurance market for security guard firms is soft, but not as soft as in other areas of insurance.
PROTECTING SECURITY GUARDS Phil Zinkewicz Rough Notes; Nov 2008; 151, 11; Docstoc pg. 68 Reproduced with permission of the cop
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