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We are pleased to feature Marshall & Sterling Insurance and Sales Executive, Mike Salzillo, in this month’s SCTA member spotlight.
Q: How does your company work within the cash industry?
A: Marshall & Sterling Insurance has been providing customized insurance solutions for the cash handling industry for more than fifty years.
Q: What is the one thing you want other SCTA member organizations to know about your company?
A: As an employee-owned company, Marshall & Sterling’s employee-owners have a vested interested in treating all our customers equally, whether large or small.
Q: What drew your organization to become a member of the SCTA?
A: Being a founding member of SCTA, we thought it was important for us to not only support our own customers but to support the entire cash in transit industry.
Q: What are the biggest challenges the cash industry will face in the next 1-3 years? Why?
A: I believe the biggest challenge the cash industry will face over the next 1-3 years is businesses trying to move towards a cashless society. In light of the recent COVID-19 pandemic, some people have been scared into thinking COVID-19 is easily spread by handling cash. However, some recent studies have shown that cash is still the preferred method of payment for many consumers, especially those who are unbanked or underbanked. It will be interesting to see how this plays out. I think we all know that Cash is King, and my hope is that it will stay that way.
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