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K&K Insurance

From Wikipedia, the free encyclopedia
K&K Insurance
Company typeFor-profit
Founded1952[1]
FounderNord Krauskopf, Theodora Murdock
HeadquartersFort Wayne,Indiana[1]
Key people
Nord Krauskopf,Founder
ProductsInsurance
Websitewww.kandkinsurance.com

K&K Insuranceis anIndiana-based insurance company noted for its coverage ofmotor sports.It was started inFort Wayne, Indianain 1952 byNord Krauskopfand his wife Theodora (Teddi) Murdock to manage and market a benevolent fund for injuredrace cardrivers.[2]

The company was sold toAon plcin 1993[3]but continues under the K&K name.[1]

Dan Pullen assumed role of program director after K&K purchased the book of business of Pullen Insurance Services Inc.[4]

Early history

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As enthusiasts of motor sports, the Krauskopfs understood the risks involved in that kind of work.[2]They designed and marketed products targeted at the motorsport industry, such as race teams,sponsors,andracetrackfacilities.[2]They created a racing team to support the business. During the 1960s and 1970s, the Krauskopfs fielded a team for theNASCARWinston Cup Series.[2]Bobby Isaac(and his crew chiefHarry Hyde) led K&K Insurance to a championship win in1970.[2]This victory brought 54% ofDodges' points needed for a championship victory in the Manufacturer's Championship; breaking a seven-year streak created by theFordvehicles.[5]These vehicles were mainlyDodge ChargersandDodge Daytonas.[6]

References

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  1. ^abc"Founding date/location of K&K Insurance".Rough Notes.Retrieved2011-07-25.
  2. ^abcde"Company history - K&K Insurance".K&K Insurance.Retrieved2011-07-25.
  3. ^Tadevich, Debra (March 2002)."K&K celebrates 50 years of success".Rough Notes.RetrievedJanuary 18,2018.
  4. ^"K&K Insurance Buys Client Portfolio of Texas' Pullen Insurance Services".Insurance Journal.2019-05-07.Retrieved2020-05-13.
  5. ^"Additional info about 1970 Championship Win".Legends of NASCAR.Retrieved2011-07-26.
  6. ^"Bobby Isaac and the K&K Insurance NASCAR Chargers".Street Legal TV. 3 February 2011.Retrieved2011-07-25.
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