KOVR Insurance Services Acquires Retsky Insurance Agency Inc.
Independent Insurance Agency in California acquires a second-generation, family-run insurance agency.
There are many changes in the process that affect how insurance is bought and sold. We want to make sure insurance buyers get the coverage they need, at a good price and without any claims hassles.”
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Stephanie MicheleKOVR CEO
LOS ANGELES, CALIFORNIAUNITED STATES OF AMERICA, January 25, 2023 /EINPresswire.com/ — If KOVR [pronounced cover] Principal, David NelsonHe sold the insurance agency he had built after 35 years in business, he had high hopes. He understood the challenges independent insurance agencies face when using the latest technologies and strategies to grow their business. “I was amazed at what a larger company could do with more resources for my employees and customers.”
After fulfilling his work commitment and pledging not to compete, Dave’s hopes were dashed. “It didn’t take me long to realize that the company that bought mine wasn’t at all focused on providing better opportunities for my employees or better service for my customers.” Understandably, like many big M&A players, they were focused on Add revenue to a spreadsheet. New systems and improvements were not made or were planned “later”. Little did Dave expect long-time employees to become frustrated and move on, noting that many customers didn’t receive the dedicated service they were accustomed to.
Not quite ready to retire, Dave turned to a longtime business colleague to start the boutique agency of the future. With partner Stephanie Michele, KOVR Insurance was founded in 2020 with the aim of optimizing the best systems and strategies that support insurance agents and customers alike.
“There are many process changes that affect how insurance is bought and sold,” says Stephanie. “We just want to make sure that the opportunities for insurance professionals remain and that insurance buyers get the products and coverage they need at a good price, with no claims hassles.”
After a challenging start during the pandemic, KOVR remains true to its values as it grows. In January 2023KOVR purchase Retsky Insurance Agency, Inc. in Woodland Hills, CA With this purchase, KOVR expands its full-service agency to include Medicare insurance services. “When we met Adam Retskywe knew we shared similar customer service values and we felt his customers would value our business,” says Stephanie.
Through the purchase Retsky Insurance, KOVR Insurance joins a small but elite group of independent national agencies that can help insurance buyers with any type of insurance product they need. “Most agencies focus on either personal insurance (auto and home) or commercial insurance, but they rarely do both plus life and health,” says Dave.
“By offering a full range of insurance products with the best trained agents and efficient underwriting systems and tools, we hope to make insurance buying a pleasant experience for customers and to inspire boutique insurance agency owners to explore all of their options before committing sell their agency to the “big boys.”
KOVR insurance benefits is a full-service insurance agency that provides clients with world-class service and insurance carriers. KOVR employs personable and experienced agents to help insurance buyers make the most informed decisions about auto, home, life, flood, earthquake, commercial, cyber, Medicare services, and group benefits insurance. KOVR never charges a brokerage fee and uses the latest technology to meet clients where they want them to complete the process of buying insurance for them.
Robert deeds
KOVR insurance benefits
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