IAA 2019

 

WARREN BARES
J. MAXIME ROY, INC.
2019 RECIPIENT
INTERNATIONAL ACHIEVEMENT AWARD

The 20th International Achievement Award (IAA) is granted to Mr. Warren Bares, President of J. Maxime Roy, Inc. While Mr. Bares and the company J. Maxime Roy promote a variety of insurance products that support international trade, it is in particular his role as a broker for the Export Import Bank of the United States which has brought significant value to our local economy.

J. Maxime Roy, Inc. is a brokerage company established in 1932 and headquartered in Lafayette. It specializes in export credit insurance which helps American businesses grow by enabling them to leverage foreign receivables as collateral for capital for financial expansion. Warren has a BS in Finance from University of Southwestern Louisiana, now University of Louisiana at Lafayette. He is a member of the Louisiana District Export Council and a member of the International Trade Development Group.

J. Maxime Roy, Inc. was named Export-Import (EXIM) Bank Broker of the Year for 2004 and 2018. Over the past five years, J. Maxime Roy, Inc. has consistently been among the top 12 EXIM bank brokers nationwide measured by both authorization amounts and count. In this period, J. Maxime Roy, Inc. brokered more than $425 million in EXIM bank insurance authorizations for exporters across Lafayette Parish and the surrounding area.

EXIM Bank is an independent and self-sustaining federal agency that promotes and supports American jobs by providing export credit to overseas purchasers of U.S. exports. EXIM Bank assists the United States in leveling the global playing field for U.S. exporters when they compete against foreign companies that receive support from their own national export credit agencies. EXIM bank also contributes to U.S. economic growth by supporting more than a million jobs, especially those of thousands of small and medium-sized enterprises (SMEs). EXIM Bank does not rely on taxpayer funding. In fact, since 2000, it has actually provided $14.6 billion to the U.S. Treasury after paying for all of its own administrative and program expenses.

In the words of President Donald J. Trump regarding the 2020 budget: “The Budget supports a fully functioning Export-Import Bank (ExIm) to implement reforms and help American exporters compete in an increasingly unfair global marketplace. The Budget ensures ExIm would be able to help correct market failures, especially by supporting small businesses, sectors with national security importance, and American companies with foreign-government supported competitors.”

The Lafayette International Center has a long-standing relationship with Mr. Bares and has seen firsthand what an important asset their services have been to exporters in our community. Warren has continually distinguished himself among EXIM bank’s top brokers nationwide in terms of volume of business as well as level of customer service. He is of a caliber that has definitely put Lafayette in league with the largest export markets in the country. The International Center has been honored to work with Warren Bares in promoting EXIM bank and the local export-oriented market in general and look forward to continued cooperation.